22d ago
KUALA LUMPUR, Jan 28 (Bernama) -- The ringgit has staged a strong comeback, rising from around the 4.70 level against the US dollar a few years ago to the 3.90 level currently, making it one of Asia’s best-performing currencies, said World Bank lead economist for Malaysia Apurva Sanghi.
22d ago
By Karina Imran
KUALA LUMPUR, Jan 28 (Bernama) -- Malaysia’s economic growth outlook continues to be supported by solid fundamentals. Our economy is highly diversified and our domestic demand is resilient, said Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour.
23d ago
By Karina Imran
KUALA LUMPUR, Jan 27 (Bernama) – Bank Negara Malaysia (BNM) views the country’s 2026 growth outlook as resilient and expects inflation to remain moderate.
23d ago
By Nurunnasihah Ahmad Rashid and Abdul Hamid A Rahman
KUALA LUMPUR, Jan 27 (Bernama) -- Malaysia’s equity market surged to its strongest level since 2018 on Tuesday, as renewed investor confidence, underpinned by a firmer ringgit and shifting global capital dynamics, prompted a reassessment of the country’s risk profile, say economists.
23d ago
GEORGE TOWN, Jan 27 (Bernama) -- The federal government’s move to position Penang Port, anchored by Swettenham Pier Cruise Terminal (SPCT), as the main homeport for the northern region is expected to elevate Penang’s role within Malaysia’s maritime ecosystem and strengthen regional economic connectivity.
23d ago
LABUAN, Jan 27 (Bernama) -- The 120-megawatt Rancha power plant is expected to significantly strengthen Labuan’s power supply reliability, resolve longstanding electricity disruptions and enhance the island’s attractiveness as an investment destination, said Deputy Prime Minister Datuk Seri Fadillah Yusof.
23d ago
LABUAN, Jan 27 (Bernama) -- Rancha Power Sdn Bhd today marked a major milestone in Labuan’s energy development with the groundbreaking of a new 120-megawatt (MW) gas-fired power plant, strengthening the island’s electricity capacity and ensuring a stable and reliable power supply.
24d ago
SEREMBAN, Jan 26 (Bernama) -- Negeri Sembilan has the potential to emerge as a major data and technology hub through the development of the Nexus Yang Green Data Centre Campus at the NS Semiconductor Valley (NSSV) Industrial Park here.
24d ago
KUALA LUMPUR, Jan 26 (Bernama) -- Malaysia’s fundamentals “remain encouraging,” supported by quality foreign direct investment (FDI) inflows, upbeat growth, a wider trade surplus and a clear commitment to fiscal consolidation, said OCBC Group Research.
26d ago
BUKIT MERTAJAM, Jan 24 (Bernama) -- The ringgit’s performance, now among the best in Asia, proves the effectiveness of good governance policies, political stability, and investor confidence in the country’s economic direction.
27d ago
KUALA LUMPUR, Jan 22 (Bernama) -- The government has introduced more than 40 new policies and key initiatives and amended over 80 acts, including new legislation enacted during its three-year administration, to implement its promised economic reforms to address the people’s cost-of-living issues, according to the Ministry of Economy.
28d ago
KUALA LUMPUR, Jan 22 (Bernama) -- Malaysia’s economic growth is expected to remain resilient in 2026, supported by robust domestic demand and manageable inflation, leading analysts to expect Bank Negara Malaysia (BNM) to keep the Overnight Policy Rate (OPR) unchanged at 2.75 per cent throughout the year.