9m ago
KUALA LUMPUR, March 24 (Bernama) -- Buy now, Pay Later (BNPL) activity has grown rapidly, although the total outstanding BNPL debt remained a small proportion of overall household debt at RM2.8 billion or 0.2 per cent as of December 2024.
9m ago
KUALA LUMPUR, March 24 (Bernama) -- Malaysia’s currency in circulation (CIC) rose by 5.5 per cent year-on-year to RM170.7 billion as of Dec 31, 2024, reversing a 0.2 per cent decline in 2023, where it stood at RM161.8 billion.
9m ago
KUALA LUMPUR, March 24 (Bernama) -- Bank Negara Malaysia (BNM) expects the country’s current account to remain resilient over the medium term, supported by robust manufacturing exports.
9m ago
KUALA LUMPUR, March 22 (Bernama) — Malaysia's economy is expected to expand by 4.5 per cent to 5.5 per cent in 2025, primarily driven by strong domestic demand and a robust investment landscape with exports expected to moderate amid heightened external uncertainties, Bank Negara Malaysia (BNM) said.
9m ago
KUALA LUMPUR, March 24 (Bernama) -- The ringgit opened higher today on expectations that Malaysia will be among the least affected by the US government's implementation of reciprocal tariffs on April 2, given that the country is seen as having one of the lowest tariff rates.
9m 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.
9m 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.
9m ago
KUALA LUMPUR, March 20 (Bernama) -- The ringgit opened higher against the US dollar after the US Federal Open Market Committee (FOMC) struck a dovish tone on inflation.
9m ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, March 18 (Bernama) -- Malaysia's jewellery sector remains resilient, with robust demand continuing despite rising gold prices, largely fuelled by deep-rooted cultural appreciation for gold as both a symbol of wealth and a trusted investment or “safe haven” asset.
10m ago
By Danni Haizal Danial Donald
KUALA LUMPUR, March 15 (Bernama) -- The ringgit is expected to remain defensive within the 4.43-4.44 range against the US dollar next week, as cautious investor sentiment continues to strengthen demand for the greenback as a safe-haven currency, said an analyst.
10m ago
KUALA LUMPUR, March 14 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) ended the week slightly higher, in line with regional indices despite the weaker performance on Wall Street overnight.
10m ago
By Danni Haizal Danial Donald
KUALA LUMPUR, March 12 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher on Wednesday as the commodity holds steady despite the Ukraine ceasefire and rising United States (US) yields, which could have sparked a deeper selloff, said an analyst.