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KUALA LUMPUR, Feb 23 (Bernama) -- The full implementation of the open market value (OMV) tax structure for locally assembled Completely Knocked Down (CKD) vehicles will not burden the B40 and M40 income groups, Deputy Investment, Trade and Industry Minister Sim Tze Tzin said today.
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By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Feb 16 (Bernama) -- The ringgit closed higher against the US dollar, following the stronger-than-expected gross domestic product (GDP) announcement last Friday, an economist said.
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KUALA LUMPUR, Feb 16 (Bernama) -- Investment banks and research firms have revised or maintained their 2026 gross domestic product (GDP) forecasts to between 4.5 per cent and 4.7 per cent, driven by stronger domestic demand and export growth, as well as ongoing investment realisation.
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By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Feb 16 (Bernama) -- The ringgit strengthened against the US dollar at the opening on Monday, tracking positive momentum on the better-than-expected fourth quarter (4Q) 2025 gross domestic product (GDP) growth of 6.3 per cent which was announced last Friday, an analyst said.
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KUALA LUMPUR, Feb 13 (Bernama) -- CIMB Treasury and Markets Research has revised its 2026 gross domestic product (GDP) forecast slightly upward to 4.5 per cent from 4.4 per cent previously, to reflect the stronger momentum heading into the first quarter of 2026 (1Q 2026), offset by the higher base effect in the second half of 2026.
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SINGAPORE, Feb 12 (Bernama) -- Singapore Prime Minister Lawrence Wong today presented Budget Statement 2026, focusing on advancing the nation’s refreshed economic strategy.
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KUALA LUMPUR, Jan 28 (Bernama) -- RAM Rating Services Bhd (RAM Ratings) has upgraded the long-term ratings of YTL Corporation Bhd’s (YTL Corp) debt programmes to AAA, citing sustained improvements in the group’s operating performance, profitability and financial profile.
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KUALA LUMPUR, Jan 26 (Bernama) -- Gold prices are set for an upward revision, with the forecast raised to US$5,600 per ounce by the end of 2026, up from the previous estimate of US$4,800, reflecting recent developments and stronger‑than‑anticipated persistence rather than a reassessment of the underlying narrative, said OCBC Group Research.
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KUALA LUMPUR, Jan 20 (Bernama) -- The ringgit extended its gains to open firmer on Tuesday, tracking a weaker US Dollar Index (DXY) as tensions between the United States and the European Union intensified following renewed remarks by the administration of US President Donald Trump over Greenland.
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KUALA LUMPUR, Jan 16 (Bernama) -- CIMB Treasury and Markets Research has revised its 2026 gross domestic product (GDP) forecast upward to 4.4 per cent from 4.1 per cent previously, supported by continued growth momentum in the services and construction sectors but balanced by moderation in manufacturing.
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PUTRAJAYA, Jan 15 (Bernama) -- The non-performing loan (NPL) rate for the guarantee scheme under Syarikat Jaminan Pembiayaan Perniagaan Bhd (SJPP) remains low at around two per cent in line with the growth of small and medium enterprises (SMEs).
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KUALA LUMPUR, Jan 13 (Bernama) -- The minimum salary revision for employment passes for expatriates, which will take effect in June 2026, is a strategic move by the government to protect the interests of the local talent pool.