Upbeat 2024 GDP Performance Drives Ringgit To End Higher

By Zufazlin Baharuddin

KUALA LUMPUR, Feb 14 (Bernama) -- The Malaysian economy saw significant growth in 2024, boosting the ringgit to end the week higher against the US dollar.

RHB Maintains Malaysia’s 2025 GDP Growth Forecast At 5.0 Pct

KUALA LUMPUR, Feb 14 (Bernama) -- RHB Investment Bank Bhd (RHB IB) has maintained its forecast for Malaysia's gross domestic product (GDP) growth at 5.0 per cent in 2025, driven by ongoing multi-year projects, rising household incomes, and improving global monetary conditions.  

SMR 20 Ends Higher On Regional Rubber Futures Uptrend

KUALA LUMPUR, Feb 14 (Bernama) -- Standard Malaysian Rubber 20 (SMR 20) closed higher today, supported by an uptrend in the regional rubber futures markets as traders reacted positively to the delay in the United States (US) trade tariff implementation, a dealer said.

AirTrunk Plans Second Data Centre In Johor

JOHOR BAHRU, 14 Feb (Bernama) -- Asia-Pacific hyperscale data centre specialist, AirTrunk, has announced plans to develop its second cloud and artificial intelligence-ready data centre in Malaysia, named AirTrunk JHB2 (JHB2), in Iskandar Puteri, Johor.

Malaysia’s 5.1 Pct GDP Growth In 2024 Demonstrates Resilience Amid Global Uncertainties - Economist

By Siti Noor Afera Abu

KUALA LUMPUR, Feb 14 (Bernama) -- Malaysia’s fourth-quarter 2024 gross domestic product (GDP) growth of 5.0 per cent, leading to a full-year expansion of 5.1 per cent, reflects a strategically resilient economy leveraging domestic strengths amid global uncertainties, according to AmBank Group.

Headline, Core Inflation Edge Lower To 1.8 Pct In 2024

KUALA LUMPUR, Feb 14 (Bernama) -- Malaysia’s headline and core inflation for 2024 both declined to 1.8 per cent in 2024, compared with 2.5 per cent and 3.0 per cent respectively in 2023.

Malaysia’s Economy Grows 5.1 Pct in 2024, In Line With Govt's Target

KUALA LUMPUR, Feb 14 (Bernama) -- The Malaysian economy grew by 5.1 per cent in 2024, up from 3.6 per cent in 2023, aligning with the government’s target of 4.8 per cent to 5.3 per cent year-on-year.

Malaysia's RE Sector Seen Entering 'Supercycle' As Country Accelerates Energy Transition

KUALA LUMPUR, Feb 14 (Bernama) -- Malaysia's renewable energy (RE) sector is expected to enter a “multi-decade supercycle” as the country accelerates its energy transition.

Sunway's RM2.6 Bln Deal Near RTS Link Lifts Shares - HLIB

KUALA LUMPUR, Feb 14 (Bernama) -- Sunway Bhd’s shares rose as a proposed project with a gross development value (GDV) exceeding RM2.6 billion near the Johor Bahru-Singapore Rapid Transit System (RTS) Link station boosts growth prospects.

CPO Futures Decline On Weak Demand Concerns

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Feb 13 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives fell on Thursday, dragged down by concerns over weak demand in the coming weeks, a dealer said.

Gold Futures Close Higher After Higher-Than-Expected US Inflation Report

By Zufazlin Baharuddin

KUALA LUMPUR, Feb 13 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed higher today after the inflation report from the United States exceeded expectations, leading to increased safe-haven demand.

BNM Issues Discussion Paper On National Strategy For Financial Literacy 2026-2030, Seeks Feedback

KUALA LUMPUR, Feb 13 (Bernama) -- Bank Negara Malaysia (BNM), via the Financial Education Network (FEN), has issued a discussion paper outlining the proposed features of Malaysia’s second National Strategy for Financial Literacy (NSFL) 2026 - 2030.