2m ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, April 29 (Bernama) -- Malaysia proposes establishing the ASEAN Halal Council to strengthen strategic cooperation in the regional halal industry, and this proposal will be submitted to the ASEAN Secretariat for official finalisation.
2m ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, April 26 (Bernama) -- The ringgit is expected to hover within a tight range of RM4.37 to RM4.38 next week, as markets focus on a series of key US data releases, said Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid.
3m ago
KUALA LUMPUR, April 11 (Bernama) -- MIDF Amanah Investment Bank Bhd is maintaining its forecast of retail sales growth of 4.6 per cent in 2025, down from the 5.5 per cent expansion recorded in 2024.
3m ago
KUALA LUMPUR, April 11 (Bernama) -- The Small and Medium Enterprises Association of Malaysia (SAMENTA) urged local businesses, particularly small and medium enterprises (SMEs), not to be over reliant on a single market in light of the United States’ (US) 90-day pause on reciprocal tariff while the 10 per cent baseline rate remains in place.
3m ago
KUALA LUMPUR, April 8 (Bernama) -- China, Japan and South Korea, which have signalled alliances since the announcement of sweeping US tariffs, held their second trilateral meeting in just eight days after their first engagement this year, reflecting the urgency as Washington’s move has caused ripple effects globally.
3m ago
By Siti Radziah Hamzah
KUALA LUMPUR, April 6 (Bernama) -- Concerns about a global recession are growing, driven by recent revisions to the gross domestic product (GDP) for the United States (US), Europe, and China, along with Donald Trump’s announcement on Thursday of new reciprocal tariff plans.
3m ago
KUALA LUMPUR, March 28 (Bernama) -- The Armed Forces Fund Board (LTAT) has demonstrated strong financial performance, highlighted by its highest dividend payout in seven years that reflected its effective management capabilities, said economists.
3m ago
KUALA LUMPUR, March 26 (Bernama) -- The ringgit opened slightly higher against the US dollar this morning as investors viewed Malaysia’s political and policy stability favourably among emerging markets, boosting the currency’s appeal amid mixed global sentiment.
4m ago
By Siti Noor Afera Abu
KUALA LUMPUR, Feb 26 (Bernama) -- The ringgit extended its decline against the greenback at today’s close, following a weaker-than-expected United States consumer confidence report.
4m ago
KUALA LUMPUR, Feb 26 (Bernama) -- Bursa Malaysia opened lower but turned slightly higher amid uncertainties as traders digested the US consumer confidence report and US President Donald Trump’s policy impact on the American economy, said an analyst.
4m ago
KUALA LUMPUR, Feb 26 (Bernama) -- The ringgit rebounded against the US dollar at the opening today after a weaker-than-expected US consumer confidence report weighed on the greenback, reinforcing the narrative that monetary policy easing in the United States should remain intact this year.
4m ago
KUALA LUMPUR, Feb 25 (Bernama) -- Nestle (Malaysia) Bhd’s net profit slipped to RM415.62 million in the financial year ended Dec 31, 2024 (FY2024) against RM659.87 million in FY2023.