1y ago
KUALA LUMPUR, Jan 10 (Bernama) -- Bank Negara Malaysia (BNM) is expected to keep the overnight policy rate (OPR) at 3.0 per cent during its meeting on Jan 22, 2025, according to BMI, a Fitch Solutions company.
1y ago
KUALA LUMPUR, Jan 10 (Bernama) -- Dialog Group Bhd's share price remained unchanged at mid-morning, despite receiving a US$235 million investment approval for the Baram Junior Cluster Small Field Asset Production Sharing Contract (PSC).
1y ago
KUALA LUMPUR, Jan 10 (Bernama) -- Malaysia’s demand for ferrous metals and their value-added products will be well driven by the roll-out of major local infrastructure projects, according to Kenanga Investment Bank Bhd (Kenanga IB).
1y ago
KUALA LUMPUR, Jan 10 (Bernama) -- Maybank Investment Bank Bhd (Maybank IB) believes the Malaysian consumer sector is poised for a strong year in 2025, driven by robust macroeconomic factors and government assistance that are expected to boost disposable income, improving consumer sentiment and spending capacity.
1y ago
KUALA LUMPUR, Jan 10 (Bernama) -- Petroliam Nasional Bhd's (Petronas) subsidiary, PC North Madura II Ltd has reached the Final Investment Decision (FID) for the development of the Hidayah field, Indonesia.
1y ago
KUALA LUMPUR, Jan 10 (Bernama) -- NVIDIA's significant investments in Malaysia are relevant for the country, as the company focuses on specialised chip architectures, strengthening Malaysia’s position in the global chip supply chain, said an expert.
1y ago
KUALA LUMPUR, Jan 10 (Bernama) -- The ringgit was slightly up against the US dollar in early trade in the scenario of a hawkish US Federal Reserve (Fed) tone and positive economic data, said an analyst.
1y ago
KUALA LUMPUR, Jan 9 (Bernama) -- Dialog Group Bhd has announced that the field development and abandonment plan (FDAP) for the Baram Junior Cluster Small Field Asset Production Sharing Contract (BJC SFA PSC) has achieved a final investment decision of US$235 million (US$1=RM4.50).
1y ago
By Siti Noor Afera Abu
KUALA LUMPUR, Jan 9 (Bernama) -- The FBM KLCI extended its decline for a second consecutive day, as investor sentiment remained pressured by rising external risks, particularly weak economic growth in China and stronger-than-expected US economic data.
1y ago
KUALA LUMPUR, Jan 9 (Bernama) -- The ringgit is heading in the right direction, reflecting the country's strong economic fundamentals and growth prospects for the next couple of years, according to Bank Negara Malaysia (BNM).
1y ago
KUALA LUMPUR, Jan 9 (Bernama) -- In the era of the United States-China decoupling and deglobalisation, ASEAN’s fierce neutrality and non-alignment could be the only, truly precious factor that could ‘save’ many of the world’s critical supply chains.
1y ago
KUALA LUMPUR, Jan 9 (Bernama) — ASEAN needs a unified strategy to boost the region’s electric vehicle (EV) industry, said Yinson Holdings Bhd chief executive officer Lim Chern Yuan.