1y ago
KUALA LUMPUR, April 4 (Bernama) -- RHB Investment Bank Bhd (RHB IB) has revised Malaysia’s gross domestic product (GDP) forecast for 2025 downwards to 4.5 per cent from an earlier projection of 5.0 per cent, following rising trade tensions and recent tariff hikes that pose a threat to the nation’s export-driven economy.
1y ago
KUALA LUMPUR, April 3 (Bernama) – The Federation of Malaysian Manufacturers (FMM) has called on the government to engage with the United States to seek a reconsideration of the newly imposed 24 per cent tariff on Malaysian exports.
1y ago
KUALA LUMPUR, March 27 (Bernama) -- Bursa Malaysia was lower in the early trading session, taking its cue from Wall Street’s overnight decline, analysts said.
1y ago
KUALA LUMPUR, March 26 (Bernama) -- The Malaysian rubber market closed lower on Wednesday, weighed down by a stronger ringgit against the US dollar following weak US economic data, said a dealer.
1y ago
KUALA LUMPUR, March 26 (Bernama) -- Malaysia remains well-positioned to navigate challenges, backed by strong economic fundamentals, robust domestic demand, resilient household spending and increased investments.
1y ago
KUALA LUMPUR, March 25 (Bernama) -- Malaysia’s economic growth is expected to remain resilient this year, supported by continued progress on multi-year projects, rising household incomes, and easing global monetary conditions, RHB Investment Bank (RHB IB) said.
1y ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, March 25 (Bernama) -- The Malaysian rubber market closed higher on Tuesday, driven by a slightly weaker ringgit and tight natural rubber supply amid the wintering season and forecasts of wet weather in major producing countries.
1y ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, March 24 (Bernama) -- The Malaysian rubber market closed higher on Monday, driven by an upward momentum in regional rubber markets, said a dealer.
1y ago
KUALA LUMPUR, March 24 (Bernama) -- Orderly domestic market conditions will continue given Malaysia’s deep and liquid financial markets and sound banking system, providing sufficient buffer against global volatility.
1y ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, March 23 (Bernama) -- Gold price is on fire! The precious metal continues to defy expectations, repeatedly smashing record highs as investors seek refuge from global economic turbulence.
1y ago
By Siti Radziah Hamzah
KUALA LUMPUR, March 22 (Bernama) -- Bursa Malaysia is expected to continue range-bound trading next week with a slight upward bias in the lead-up to Hari Raya holiday, said an analyst.
1y ago
KUALA LUMPUR, March 21 (Bernama) -- ASEAN economies, particularly Vietnam, Malaysia, and India, have benefited from China's supply chain diversification, primarily in textiles and electronics, according to Moody's Ratings.