1y ago
KUALA LUMPUR, Feb 18 (Bernama) -- The Malaysian Digital Economy Corporation (MDEC) will support Malaysia to achieve or surpass the 25.5 per cent digital economy contribution to gross domestic product (GDP) by the end of 2025, said its chief executive officer (CEO) Anuar Fariz Fadzil.
1y ago
KUALA LUMPUR, Feb 14 (Bernama) -- The 5.1 per cent gross domestic product (GDP) growth achieved in 2024, which exceeds the initial official forecast of four to five per cent, reflects the MADANI government’s confidence and determination to turn around the Malaysian economy, said the Ministry of Finance (MoF).
1y ago
KUALA LUMPUR, Jan 22 (Bernama) -- The micro, small and medium enterprises’ (MSMEs) contribution to the national economy has not met the target set under the 12th Malaysia Plan (12MP), according to Entrepreneur and Cooperatives Development Minister Datuk Ewon Benedick.
1y ago
KUALA LUMPUR, Jan 17 (Bernama) -- Several trends in the technology and renewable energy sectors are expected to define Malaysia’s initial public offering (IPO) market in 2025, said Moomoo Securities Malaysia Sdn Bhd (Moomoo Malaysia).
1y ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Jan 13 (Bernama) -- Bursa Malaysia's benchmark index ended lower today, weighed down by heavy selling in technology and utility blue chips, reflecting the ripple effect from a sell-off on Wall Street last Friday.
1y ago
KUALA LUMPUR, Jan 13 (Bernama) -- BMI, a unit of Fitch Solutions, has revised its end-2025 forecast for the ringgit to RM4.40 per US dollar (USD) from RM4.50 previously.
1y ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Jan 11 (Bernama) -- The rubber market is expected to trade slightly upward next week tracking the performance of regional rubber futures markets, according to the Malaysian Rubber Glove Manufacturers Association (Margma).
1y ago
KUALA LUMPUR, Jan 10 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) has identified 33 indicators with 32 actions to be implemented in the short and medium term through the first meeting of the National Competitiveness Committee (JKDSN).
1y ago
KUALA LUMPUR, Jan 10 (Bernama) -- The ringgit was slightly up against the US dollar in early trade in the scenario of a hawkish US Federal Reserve (Fed) tone and positive economic data, said an analyst.
1y ago
KUALA LUMPUR, Jan 7 (Bernama) -- Biocon Biologics is committed to implementing business expansion in Malaysia. Biocon Biologics is a global company with capabilities in the development, manufacturing and commercialisation of high-quality biosimilars.
1y ago
KUALA LUMPUR, Jan 4 (Bernama) -- Bursa Malaysia is likely to remain cautious next week as investors are bracing for a cautious start to 2025, with eyes fixed on the US President Inauguration Day scheduled on Jan 20, said an analyst.
1y ago
KUALA LUMPUR, Jan 2 (Bernama) -- The ringgit opened lower against the US dollar on the first trading day of the year, weighed by market concerns over the US Federal Reserve’s (Fed) potential decision to cut interest rates in 2025.