1y ago
KUALA LUMPUR, March 29 (Bernama) -- Malaysia’s approach to retirement system reform by the Employees Provident Fund (EPF) has been cited by the World Economic Forum (WEF) as a model for building long-term retirement systems in an emerging economy.
1y ago
KUALA LUMPUR, March 26 (Bernama) -- Malayan Banking Bhd (Maybank) will tap fully growth opportunities that arise as Malaysia assumes the ASEAN chairmanship this year, especially in areas of sustainability, transition finance, and micro, small, and medium-sized enterprises (MSMEs).
1y ago
KUALA LUMPUR, March 25 (Bernama) -- The 5.1 per cent growth in the gross domestic product (GDP) in 2024, which surpassed the government's initial forecast and independent analysts expectations, proves that economic reforms have started to show early results.
1y ago
KUALA LUMPUR, March 25 (Bernama) -- Malaysia should seize the opportunity to differentiate itself positively in political and policy stability among emerging markets (EMs) by accelerating foreign and domestic direct investment, leveraging a broadly favourable global backdrop.
1y ago
KUALA LUMPUR, March 24 (Bernama) -- Bank Negara Malaysia (BNM) emphasised that structural reforms and policies must take precedence over excessive reliance on international reserves to manage currency fluctuations.
1y ago
KUALA LUMPUR, March 24 (Bernama) – Bank Negara Malaysia (BNM) will remain steadfast in ensuring monetary stability to support sustainable economic growth in the long term.
1y ago
KUALA LUMPUR, March 24 (Bernama) -- Implementing strategic and innovation-driven industrial policies, as well as labour market reforms, can increase household income by improving productivity, creating more job opportunities and ensuring fair compensation, says Bank Negara Malaysia (BNM).
1y ago
KUALA LUMPUR, March 24 (Bernama) -- Increasing the supply of affordable, mid-tier hospital beds and providing incentives for the expansion of not-for-profit hospitals can help mitigate spiralling medical insurance and medical costs.
1y ago
KUALA LUMPUR, March 22 (Bernama) — Malaysia's economy is expected to expand by 4.5 per cent to 5.5 per cent in 2025, primarily driven by strong domestic demand and a robust investment landscape with exports expected to moderate amid heightened external uncertainties, Bank Negara Malaysia (BNM) said.
1y ago
KUALA LUMPUR, March 21 (Bernama) -- RAM Rating Services Bhd (RAM Ratings) has maintained a stable outlook on the Malaysian banking sector in 2025 despite external pressure.
1y ago
KUALA LUMPUR, March 20 (Bernama) -- Government-linked investment companies (GLICs) have been urged to make domestic direct investments (DDI) of about RM120 billion over five years to stimulate the country's economic growth, said Prime Minister Datuk Seri Anwar Ibrahim.
1y ago
KUALA LUMPUR, March 17 (Bernama) -- Top-tier Malaysian property developers are leading Australia’s largest urban renewal projects, while Malaysia is still debating the crucial Urban Renewal Act (URA) amid deteriorating low-cost housing, said Minister of Housing and Local Government, Nga Kor Ming.