BNM's International Reserves At US$117.6 Bln As Of Oct 30, 2024
KUALA LUMPUR, Nov 7 (Bernama) -- Malaysia's international reserves stood at US$117.6 billion (US$1 = RM4.40) as of Oct 30, 2024, compared to US$119.6 billion on Oct 15, 2024.
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Trump Presidency To Enhance Malaysia's Export Potential, FDI Inflows -- CIMB Securities
KUALA LUMPUR, Nov 7 (Bernama) -- Donald Trump’s re-election as the United States (US) President is expected to accelerate the China Plus One strategy, benefitting Malaysia through higher investments and enhanced export potential, particularly in sectors such as electronics, machinery, and palm oil.
Bursa Malaysia Stays Lower At Midday
KUALA LUMPUR, Nov 7 (Bernama) -- Bursa Malaysia remained lower at midday, weighed by cautious investor sentiment despite Wall Street's robust performance overnight.
Mah Sing Unit To Buy Land In Old Klang Road For RM112.97 Mln
KUALA LUMPUR, Nov 7 (Bernama) -- Mah Sing Group Bhd’s wholly-owned unit Major Land Development Sdn Bhd has entered into a sale and purchase agreement with Pink Forest Sdn Bhd for a proposed acquisition of 2.12 hectares of freehold land along Old Klang Road for RM112.97 million.
BNM Expected To Keep OPR At 3.0 Pct In 2025 - Banks
KUALA LUMPUR, Nov 7 (Bernama) -- Amid ongoing economic challenges, Public Investment Bank (IB) Bhd anticipates Bank Negara Malaysia (BNM) will maintain a cautious stance through 2025, likely holding the overnight policy rate (OPR) steady at 3.00 per cent for the year.
Malaysia Interested In Collaborating With Barcelona Supercomputing Center
BARCELONA, Nov 7 (Bernama) -- Malaysia is eyeing collaboration opportunities with the Barcelona Supercomputing Center (BSC) which has an active and important role in developing high-performance computing in Spain and across Europe.
OPR Decision Boosts Market Confidence, Lifts Bursa Malaysia In Early Trade
KUALA LUMPUR, Nov 7 (Bernama) -- Bursa Malaysia's key index opened higher in early trade, buoyed by clearer investor direction in the market following yesterday's announcement of the Overnight Policy Rate (OPR).
RHB Investment Bank Maintains Malaysia 2025 GDP Forecast At 5.0 Pct Post-Trump Win
KUALA LUMPUR, Nov 6 (Bernama) -- RHB Investment Bank Bhd has maintained Malaysia’s 2025 gross domestic product (GDP) growth forecast at 5.0 per cent based on global assumptions for a Goldilocks backdrop following Donald Trump’s victory in the United States (US) presidential elections.
Meetings With Companies In Shanghai An Opportunity To Attract Quality Investments - Anwar
KUALA LUMPUR, Nov 6 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim led a Malaysian delegation in one-on-one meetings with four leading companies in Shanghai before continuing his visit to Beijing today.
Govt Adopting Pragmatic Approach In Economic Development - Rafizi
KUALA LUMPUR, Nov 6 (Bernama) -- The government is adopting a pragmatic approach in planning the country’s economic development, said Economic Minister Mohd Rafizi Ramli.
Malaysia Strengthens Partnership With EU On Smart City Development
BARCELONA, Nov 6 (Bernama) -- Digital Minister Gobind Singh Deo engaged with representatives from the European Union (EU) to share initiatives concerning Malaysia’s journey to develop digital and smart cities that enhance people’s lives.
Bolt Launches Ride Hailing Service In Klang Valley To Support Local Shared Mobility Demand
KUALA LUMPUR, Nov 6 (Bernama) -- Europe’s leading mobility company, Bolt has launched its ride-hailing service in Klang Valley, aiming to support Malaysia’s growing demand for shared mobility, projected to serve 11.47 million users by 2029.