1y ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Jan 16 (Bernama) -- Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower again today on weaker soybean and crude oil prices.
1y ago
KUALA LUMPUR, Jan 16 (Bernama) -- Malaysia’s economic outlook for 2024 and beyond is increasingly positive as the country emerges as a beacon of growth and resilience in Southeast Asia, bolstered by its ASEAN Chairmanship in 2025.
1y ago
KUALA LUMPUR, Jan 16 (Bernama) -- Malaysia’s gross domestic product (GDP) growth is projected to remain resilient at 4.5 per cent in 2025 compared to 5.2 per cent in 2024, driven by strong export performance and sustained domestic demand, said OCBC senior ASEAN economist Lavanya Venkateswaran.
1y ago
GEORGE TOWN, Jan 16 (Bernama) -- The ASEAN Business Advisory Council (ASEAN-BAC) has unveiled 12 strategic initiatives, including the ASEAN Business Entity (ABE) framework, to enhance economic integration, inclusivity, and regional collaboration.
1y ago
KUALA LUMPUR, Jan 16 (Bernama) -- Halal Development Corporation Bhd (HDC) targets 2,443 halal exporters from Malaysia this year, compared to 1,600 as of December 2024.
1y ago
KUALA LUMPUR, Jan 16 (Bernama) -- The local property market is poised for steady growth in 2025, driven by sustained momentum in owner-occupier residential developments and the rise of emerging industries such as data centres and renewable energy.
1y ago
KUALA LUMPUR, Jan 16 (Bernama) -- A gradual salary increase will not lead to excessive inflationary pressures, UOB Kay Hian Wealth Advisors Sdn Bhd head of investment research Mohd Sedek Jantan said.
1y ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Jan 15 (Bernama) -- Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives extended its downtrend today on weaker demand from key market destinations, namely India, China and the European Union.
1y ago
By Siti Radziah Hamzah
KUALA LUMPUR, Jan 15 (Bernama) -- The ringgit advanced against the US dollar at the close today following reduced demand for the American dollar influenced by softer US Producer Price Index (PPI) data and expectations of a gradual tariff implementation, said an analyst.
1y ago
KUALA LUMPUR, Jan 15 (Bernama) -- BDx Data Centers (BDx), Indonesia’s largest data centre operator and Asia-Pacific’s fastest-growing carrier-neutral data centre platform, has announced a landmark cooperation agreement with the Association of Indonesia Internet Service Providers (APJII) that will bolster the nation’s digital ecosystem.
1y ago
PUTRAJAYA, Jan 15 (Bernama) -- The Malaysian Aviation Commission (MAVCOM) forecasts that Malaysia’s air passenger traffic will reach between 105.8 million and 112.9 million passengers this year, according to Transport Minister Anthony Loke.
1y ago
KUALA LUMPUR, Jan 15 (Bernama) -- Higher wages for civil servants and the introduction of a higher minimum wage remained key factors in catalysing demand and raising affordability for properties across the country this year, said Hong Leong Investment Bank Bhd.