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KUALA LUMPUR, Aug 4 (Bernama) -- CIMB Securities Sdn Bhd has upgraded Westports Holdings Bhd to “Buy” from “Hold” driven by higher container revenue following Port Klang’s new tariff implementation and higher transhipment volumes on the back of new services.
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KUALA LUMPUR, July 29 (Bernama) -- The Employees Provident Fund (EPF) saw its investment income fall by 13 per cent in the first quarter of 2025 (1Q 2025), recording RM18.31 billion compared to RM20.99 billion in the same period last year.
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KUALA LUMPUR, July 23 (Bernama) -- Malaysia’s economy remains solid amidst the prevailing challenges, and the government will continue to strengthen its efforts to ease the people’s burden through the fourth MADANI Budget in October.
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KUALA LUMPUR, July 22 (Bernama) -- Malaysia’s inflation rose at a slower pace of 1.1 per cent in June 2025, with the index standing at 134.5 points compared to 133.0 in the same month last year, according to the Department of Statistics Malaysia (DoSM).
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KUALA LUMPUR, July 17 (Bernama) -- AMMB Holdings Bhd (AmBank Group) expects Malaysia’s gross domestic product (GDP) to grow at a moderate rate of around four per cent year-on-year in the second quarter of 2025 (2Q 2025), supported by continued front-loading activities that benefit the external sector.
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KUALA LUMPUR, July 14 (Bernama) -- CIMB Investment Bank Bhd anticipates a moderate 4.3 per cent year-on-year (y-o-y) growth, as expectations of higher tariffs set in and a softer Industrial Production Index (IPI) point to a potential slowdown in the second quarter of 2025 (2Q 2025).
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By Durratul Ain Ahmad Fuad
KUALA LUMPUR, July 9 (Bernama) – Bank Negara Malaysia’s (BNM) decision to cut the Overnight Policy Rate (OPR) by 25 basis points to 2.75 per cent is a proactive stance to stimulate business activity, sustain domestic demand, bolster growth and maintain Malaysia’s economic resilience.
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KOTA KINABALU, July 8 (Bernama) -- Sabah has recorded approved investments totalling RM10.9 billion for the first quarter (1Q) of this year, representing the third highest in Malaysia after Selangor and Kuala Lumpur, the Sabah State Legislative Assembly was told today.
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KOTA KINABALU, July 8 (Bernama) -- Sabah has received a total of RM35.38 billion in investments, involving 420 projects between 2021 and 2024, the Sabah State Legislative Assembly was told today.
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KUALA LUMPUR, July 7 (Bernama) -- Westports Holdings Bhd’s container volumes are estimated to be higher in the second quarter of 2025 (2Q 2025) compared to 0.6 per cent recorded in the 1Q 2025 due to the start of the Gemini Cooperation shipping alliance from Feb 1, 2025, according to CGS International Securities Malaysia Sdn Bhd (CGS MY).
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KUALA LUMPUR, July 3 (Bernama) -- Kenanga Investment Bank Bhd remains bullish on the construction sector, given persistent demand for data centres, underpinned by continued capital expenditure from major technology (tech) firms.
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KUALA LUMPUR, July 2 (Bernama) -- The Johor-Singapore Special Economic Zone (JS-SEZ) is expected to propel Johor's share of national gross domestic product (GDP) to exceed 12 per cent by 2023, should their investments materialise according to plan, said CIMB Investment Bank Bhd.