1y ago
By Nurul Jannah Kamaruddin and Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Jan 1 (Bernama) -- Building on its strong economic performance in 2024, Malaysia is poised to maintain its growth momentum into 2025, with the gross domestic product (GDP) projected to expand by up to 6.0 per cent, said an economist.
1y ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Dec 31 (Bernama) -- The ringgit opened higher against the US dollar this morning, despite rising demand for the safe-haven currency amid ongoing global economic uncertainties and heightened geopolitical risks, an analyst said.
1y ago
KUALA LUMPUR, Dec 19 (Bernama) -- Malaysia’s export performance is expected to remain expansionary, given its neutral stance and diversified export structure.
1y ago
KUALA LUMPUR, Dec 5 (Bernama) -- The ringgit extended gains to close higher against the greenback on Thursday on rising confidence that there will be another US interest rate cut in the middle of the month.
1y ago
KUALA LUMPUR, Dec 3 (Bernama) -- Malaysia’s banking sector is projected to continue recording higher profits in 2025, supported by steady loan growth, a stable interest rate environment, and non-interest income, said an economist.
1y ago
KUALA LUMPUR, Nov 6 (Bernama) -- The ringgit closed lower against the US dollar today, snapping two days of gains, as the US presidential election results poured in, said an economist.
1y ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Nov 5 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed higher today as the United States (US) election draws near.
1y ago
By Zarul Effendi Razali
KUALA LUMPUR, Oct 24 (Bernama) -- The ringgit traded slightly higher against the US dollar early Thursday, amid uncertainty over the upcoming US presidential election on Nov 5, an analyst said.
1y ago
By Siti Noor Afera Abu
KUALA LUMPUR, Oct 23 (Bernama) -- The ringgit continued to weaken against the US dollar on Wednesday as uncertainty surrounding the outcome of the US presidential election on Nov 5 weighed on the local currency.
1y ago
KUALA LUMPUR, Oct 21 (Bernama) -- Department of Statistics Malaysia (DoSM) has reported that advance estimates indicate Malaysia's economy grew by 5.3 per cent in the third quarter (3Q) of 2024, following a robust 5.9 per cent growth in the preceding quarter.
1y ago
KUALA LUMPUR, Oct 20 (Bernama) -- Kenanga Investment Bank (Kenanga IB) sees Budget 2025 as modestly expansionary, with the government aiming to strike a balance between economic growth and fiscal consolidation.
1y ago
KUALA LUMPUR, Oct 20 (Bernama) -- Malaysia's semiconductor industry is set to further solidify with various commendable initiatives outlined under Budget 2025, including the Supply Chain Resilience Initiative and the New Investment Incentive Framework.