CPO Futures End Mostly Higher
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Jan 17 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed mostly higher on Friday, despite facing some pressure due to weak demand.
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MADANI Economy Framework Bearing Fruits, Malaysia To Launch Second Chip Design Park - PM Anwar
From D. Arul Rajoo
LONDON, Jan 17 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim highlighted the success of the MADANI Economy Framework, which was launched in 2023, during his lecture at the London School of Economics (LSE) today.
MIDF Forecasts 4.6 Pct Growth For Malaysia In 2025
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.
Bursa Malaysia Ends On Positive Note Supported By Bargain Hunting
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Jan 17 (Bernama) -- Bursa Malaysia ended the week on a positive note, in line with most of its regional peers, as bargain hunting boosted the FTSE Bursa Malaysia KLCI (FBM KLCI) after a lacklustre performance over the last few days.
Malaysia’s GDP Expected To Hit 5.1 Pct In 2024 Vs 3.6 Pct In 2023 -- DOSM
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).
Guangdong Retains China's Top Economy In 2024, GDP Exceeds 14 Trillion Chinese Yuan
KUALA LUMPUR, Jan 17 (Bernama) -- Guangdong is set to maintain its position as China’s top provincial economy in 2024, with its gross domestic product (GDP) projected to surpass 14 trillion Chinese yuan, according to the Guangdong Provincial People’s Congress report on Jan 15. (100 Chinese yuan = RM61.43)
Gamuda's RM6.6 Bln London Wall Project Breaks Ground, Secures RM2.75 Bln Development Loan
KUALA LUMPUR, Jan 17 (Bernama) -- Gamuda Bhd and London-based real estate investor Castleforge marked the next stage in their £1.2 billion (RM6.6 billion) redevelopment of 75 London Wall in the City of London with a groundbreaking ceremony and the signing of one of London’s largest property development loan in recent years, valued at £500 million (RM2.75 billion).
CPO Futures Close Lower On Weaker Soybean, Crude Oil Prices
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Jan 16 (Bernama) -- Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower again today on weaker soybean and crude oil prices.
Malaysia's GDP Growth Likely To Remain Resilient At 4.5 Pct In 2025 - OCBC
KUALA LUMPUR, Jan 16 (Bernama) -- Malaysia’s gross domestic product (GDP) growth is projected to remain resilient at 4.5 per cent in 2025 compared to 5.2 per cent in 2024, driven by strong export performance and sustained domestic demand, said OCBC senior ASEAN economist Lavanya Venkateswaran.
US AI Chip Export Restrictions Will Not Impact Malaysia’s Existing Data Centres -- Liew
PETALING JAYA, Jan 16 (Bernama) -- The United States (US) government’s potential restrictions on artificial intelligence (AI) chip exports will not affect existing data centres in Malaysia, according to Deputy Investment, Trade, and Industry Minister Liew Chin Tong.
HDC Aims To Boost Malaysia's Halal Exporters To 2,443 In 2025
KUALA LUMPUR, Jan 16 (Bernama) -- Halal Development Corporation Bhd (HDC) targets 2,443 halal exporters from Malaysia this year, compared to 1,600 as of December 2024.