1y ago
DAVOS (Switzerland), Jan 22 (Bernama) -- As the chairman of ASEAN this year, Malaysia aims to prioritise energy and connectivity with a focus on building trust and inclusivity among member countries as well as engaging constructively with major global powers while safeguarding the bloc’s independence.
1y ago
DAVOS (Switzerland) Jan 22 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim emphasised that the Global South, such as BRICS, has to take a stand because the international financial structure through the International Monetary Fund (IMF) and the United Nations need to reform.
1y ago
DAVOS (Switzerland), Jan 22 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim reiterated Malaysia’s commitment to the Paris Agreement, highlighting the country’s willingness to take bold and tough measures to value humanity and preserve sustainability.
1y ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Jan 22 (Bernama) -- The ringgit closed higher against the US dollar on Wednesday, supported by data showing a decline in Malaysia’s inflation rate, said an economist.
1y ago
DAVOS (Switzerland), Jan 22 (Bernama) -- Malaysia's political stability and clear policy prescriptions in the MADANI Economy framework have encouraged big players in the artificial intelligence (AI) industry, including semiconductor companies, to invest in the country.
1y ago
KUALA LUMPUR, Jan 22 (Bernama) -- Malaysia’s inflation rate for December 2024 has moderated to 1.7 per cent, with the index points standing at 133.4 as against 131.2 in the same month of the previous year, according to the Department of Statistics Malaysia (DOSM).
1y ago
KUALA LUMPUR, Jan 21 (Bernama) -- RAM Ratings expects corporate bond issuance to remain healthy at RM110 billion-RM120 billion in 2025, supported by infrastructure financing and businesses' funding needs.
1y ago
KUALA LUMPUR, Jan 18 (Bernama) -- Malaysia's economy is projected to grow at a moderate pace of 4.5 per cent to 5.0 per cent in 2025, benefitting from strong economic fundamentals and an uptick in foreign investments, Hong Leong Bank Bhd (HLB) said.
1y ago
KUALA LUMPUR, Jan 17 (Bernama) -- Malaysia’s economy is expected to grow at a pace of 4.6 per cent this year, driven by increased domestic spending and investment, alongside continued expansion in external trade, according to MIDF Amanah Investment Bank Bhd.
1y ago
By Siti Radziah Hamzah
KUALA LUMPUR, Jan 17 (Bernama) -- The ringgit weakened against the US dollar at the close today on cautious market sentiment ahead of the inauguration of Donald Trump as the US president on Monday, said an analyst.
1y ago
KUALA LUMPUR, Jan 17 (Bernama) -- Malaysia’s 2024 gross domestic product (GDP) is projected to grow by 5.1 per cent compared to the 3.6 per cent growth recorded in 2023, supported by positive growth across all sectors, said the Department of Statistics Malaysia (DOSM).
1y ago
PETALING JAYA, Jan 17 (Bernama) -- Johor Bahru’s future as a major economic hub will largely depend on the successful collaboration between Malaysia’s federal and state governments, as well as their partnership with Singapore.