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Malaysia's Economy Expands 5.3 Pct In 3Q, Says DOSM Advance Estimates
KUALA LUMPUR, Oct 21 (Bernama) -- Department of Statistics Malaysia (DoSM) has reported that advance estimates indicate Malaysia's economy grew by 5.3 per cent in the third quarter (3Q) of 2024, following a robust 5.9 per cent growth in the preceding quarter.
Minimal Impact Of Minimum Wage, Foreign Worker Levy On Infrastructure Supply Chain -- Analysts
KUALA LUMPUR, Oct 21 (Bernama) -- CIMB Securities Sdn Bhd foresees minimal impact from the proposed hikes in minimum wages to RM1,700 and foreign worker levies on the local infrastructure supply chain.
Profit-taking Hits Heitech Padu After RM892 Mln NIISe Contract News
KUALA LUMPUR, Oct 21 (Bernama) -- HeiTech Padu Bhd shares fell 4.61 per cent in early trade due to profit-taking following the announcement of a RM892.19 million contract secured for the National Integrated Immigration System (NIISe) project by the Immigration Department of Malaysia.
Gold Futures Likely To Be Bullish Next Week
KUALA LUMPUR, Oct 19 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives is expected to be bullish next week, driven by expectations of a prolonged low-interest rate environment globally, an analyst said.
CPO Futures Likely To Trade With Positive Bias Next Week
By Zufazlin Baharuddin
KUALA LUMPUR, Oct 19 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade with a positive bias next week amid lower output growth and stronger export pace.
FBM KLCI Futures Expected To Continue Sideways Consolidation Next Week
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Oct 19 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is expected to continue its sideways consolidation with a slight bullish tendency next week, when the benchmark index is likely to trade between 1,645 and 1,665.
Highlights From Budget 2025
KUALA LUMPUR, Oct 18 (Bernama) -- Below are the highlights from Budget 2025 tabled by Prime Minister and Finance Minister Datuk Seri Anwar Ibrahim.
Budget 2025: Govt Allocates RM470 Mln To Empower Women's Participation In PMKS
KUALA LUMPUR, Oct 18 (Bernama) - The government allocated RM470 million for financing funds provided by SME Bank, Bank Simpanan Nasional, Bank Rakyat and MARA to support women's micro, small and medium enterprises (PMKS) obtain working capital, purchase assets and increase business capacity to a higher level.
Heitech Padu Secures Niise Contract Worth RM892.19 Mln
KUALA LUMPUR, Oct 18 (Bernama) -- HeiTech Padu Bhd has secured a contract worth RM892.19 million for the National Integrated Immigration System (NIISe) project by the Immigration Department of Malaysia.
Budget 2025: Sabah, Sarawak To Continue Receiving Among Highest Allocations - PM Anwar
KUALA LUMPUR, Oct 18 (Bernama) -- The development allocation for Sabah and Sarawak continues to be prioritised under Budget 2025, with allocations of RM6.7 billion and RM5.9 billion respectively, making them among the highest in the country.
Malaysia's Economy To Grow 4.5 -5.5 Pct In 2025 - MOF
KUALA LUMPUR, Oct 18 (Bernama) -- Malaysia's economy is projected to grow between 4.5 per cent and 5.5 per cent in 2025, against 4.8 per cent and 5.3 per cent in 2024, said the Ministry of Finance (MoF).