1y ago
KUALA LUMPUR, April 30 (Bernama) -- Malaysia’s headline inflation moderated to 1.4 per cent in March 2025, down from 1.5 per cent in February, while core inflation held steady at 1.9 per cent, Bank Negara Malaysia (BNM) said.
1y ago
KUALA LUMPUR, April 30 (Bernama) -- Malaysia’s official reserve assets amounted to US$117.49 billion (US$1= RM4.31) as of end-March, 2025, while other foreign currency assets stood at US$4.3 million, according to Bank Negara Malaysia (BNM).
1y ago
KUALA LUMPUR, April 29 (Bernama) -- Short-term rates are expected to remain stable today following Bank Negara Malaysia’s (BNM) operations to absorb surplus liquidity from the financial system.
1y ago
KUALA LUMPUR, April 28 (Bernama) -- Global credit rating agency, AM Best has assigned a financial strength rating of A (Excellent) and a long-term issuer credit rating of “a” (Excellent) to The Tokio Marine and Nichido Fire Insurance Company (China) Limited (TMNCH).
1y ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, April 26 (Bernama) -- Bursa Malaysia is expected to maintain a cautious outlook next week, consolidating within a tight range of 1,513 to 1,515, as investors await clarity on Malaysia’s strategic response to the recent US tariff announcements, from a special Dewan Rakyat sitting on May 5.
1y ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, April 25 (Bernama) -- Bursa Malaysia extended its uptrend for a third consecutive day on Friday, closing higher on renewed buying interest amid positive regional market performance due to potential de-escalating US-China trade tensions.
1y ago
KUALA LUMPUR, April 24 (Bernama) -- Malaysia’s GDP growth forecast for 2025, currently projected at between 4.5 per cent and 5.5 per cent, may need to be revised downward due to the impact of tariffs, said Bank Negara Malaysia (BNM).
1y ago
KUALA LUMPUR, April 16 (Bernama) -- Bank Muamalat Malaysia Bhd’s wholly-owned subsidiary Muamalat Invest Sdn Bhd has launched a new Shariah-compliant gold investment fund, the Muamalat-i Gold Fund (MiGOLD).
1y ago
By Zarul Effendi Razali
KUALA LUMPUR, April 10 (Bernama) -- The 12th ASEAN Finance Ministers and Central Bank Governors’ Meeting (AFMGM) concluded today, with the grouping endorsing Malaysia’s Priority Economic Deliverables (PED) against a backdrop of debilitating tariffs imposed on member states, but it prodded members to further reaffirm their commitment to deepening financial integration and reinforcing regional economic resilience.
1y ago
By Danni Haizal Danial Donald
KUALA LUMPUR, April 10 (Bernama) -- ASEAN is looking forward to re-establishing the ASEAN Swap Arrangement (ASA) to strengthen the region’s financial safety net and resilience, according to a joint statement from the 12th ASEAN Finance Ministers’ and Central Bank Governors’ Meeting (AFMGM).
1y ago
By M.Saraswathi
KUALA LUMPUR, April 10 (Bernama) -- As the global economic landscape shifts dramatically, ASEAN stands at a critical juncture, ready to navigate the challenges ahead, but the region's success hinges on the strength of its political will and coordinated efforts, said Tan Sri Dr Zeti Akhtar Aziz.
1y ago
By Harizah Hanim Mohamed
KUALA LUMPUR, April 9 (Bernama) -- ASEAN+3 ministers will operationalise the Rapid Financing Facility (RFF), aimed at helping financially distressed member countries to cushion against exogenous shocks or financial problems caused by external factors.