7m ago
KUALA LUMPUR, May 16 (Bernama) — Bank Negara Malaysia (BNM) acknowledges the need to revise the gross domestic product (GDP) growth forecast for 2025 amid the global economic uncertainty, but prefers to avoid making revisions based on assumptions, said BNM governor Datuk Seri Abdul Rasheed Ghaffour.
7m ago
KUALA LUMPUR, May 2 (Bernama) -- Malaysia’s Manufacturing Purchasing Managers’ Index (PMI) eased to 48.6 in April from 48.8 in March, as manufacturers cut back on purchases and drew down stocks of raw materials and finished goods amid a lack of new orders, according to S&P Global Market Intelligence.
7m ago
KUALA LUMPUR, April 30 (Bernama) -- The Labuan International Business and Financial Centre (Labuan IBFC) is strengthening its position as a future-ready financial hub by anchoring its growth agenda on sweeping legal reforms, emerging global trade dynamics, and an enhanced regulatory ecosystem.
8m ago
ISTANBUL, April 23 (Bernama) -- Turkey has expressed interest in becoming a dialogue partner at the 2025 ASEAN Summits to be held in Kuala Lumpur in May and November, said Deputy Prime Minister Datuk Seri Fadillah Yusof.
8m ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, April 8 (Bernama) -- The development of the Brunei, Indonesia, Malaysia, Phillippines (BIMP) and East ASEAN Growth Area (EAGA) will not only benefit Sabah and Sarawak but contribute towards reinforcing Southeast Asia's economy, Finance Minister II Datuk Seri Amir Hamzah Azizan, said today.
10m ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Jan 28 (Bernama) -- The ringgit closed lower against the US dollar today, pressured by subdued global risk sentiment and ongoing developments in United States tariffs, said SPI Asset Management managing partner Stephen Innes.
1y ago
KUALA LUMPUR, Dec 20 (Bernama) -- Top Glove Corporation Bhd has returned to the black, posting a net profit of RM5.47 million in the first quarter ended Nov 30, 2024 (1Q FY2025), rebounding from a RM57.71 million net loss in 1Q FY2024.