1y ago
KUALA LUMPUR, March 28 (Bernama) -- Bursa Malaysia stayed in negative territory at the midday break as profit-taking after recent rallies weighed on industrial product, telecommunication, and banking counters.
1y ago
KUALA LUMPUR, March 27 (Bernama) -- The Armed Forces Fund Board (LTAT) plans to reduce its strategic asset holdings from 56 per cent to 35 per cent under ‘Project Earth’ over the next three years to lower exposure while retaining control.
1y ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, March 26 (Bernama) -- The ringgit closed higher against the US dollar today despite having to contend with greater uncertainties from abroad.
1y ago
KUALA LUMPUR, March 26 (Bernama) -- Malayan Banking Bhd (Maybank) will tap fully growth opportunities that arise as Malaysia assumes the ASEAN chairmanship this year, especially in areas of sustainability, transition finance, and micro, small, and medium-sized enterprises (MSMEs).
1y ago
KUALA LUMPUR, March 25 (Bernama) -- Malaysia’s economic growth is expected to remain resilient this year, supported by continued progress on multi-year projects, rising household incomes, and easing global monetary conditions, RHB Investment Bank (RHB IB) said.
1y ago
KUALA LUMPUR, March 24 (Bernama) -- Strong domestic demand will continue to buffer Malaysia's economy against external uncertainties, including possible repercussions from the imposition of US tariffs.
1y ago
KUALA LUMPUR, March 24 (Bernama) -- Strong domestic demand will continue to buffer Malaysia's economy against external uncertainties including possible repercussions from the imposition of U.S. tariffs.
1y ago
KUALA LUMPUR, March 24 (Bernama) – Bank Negara Malaysia (BNM) said its long-standing policy of decentralising international reserves had led to the accumulation of sizeable non-reserve external assets, strengthening Malaysia’s external position.
1y ago
KUALA LUMPUR, March 24 (Bernama) -- Bank Negara Malaysia (BNM) emphasised that structural reforms and policies must take precedence over excessive reliance on international reserves to manage currency fluctuations.
1y ago
KUALA LUMPUR, March 24 (Bernama) -- Orderly domestic market conditions will continue given Malaysia’s deep and liquid financial markets and sound banking system, providing sufficient buffer against global volatility.
1y ago
KUALA LUMPUR, March 22 (Bernama) — Malaysia's economy is expected to expand by 4.5 per cent to 5.5 per cent in 2025, primarily driven by strong domestic demand and a robust investment landscape with exports expected to moderate amid heightened external uncertainties, Bank Negara Malaysia (BNM) said.
1y ago
By Karina Imran
KUALA LUMPUR, March 22 (Bernama) -- The ringgit is anticipated to trade within the 4.42–4.45 range against the US dollar next week, with short-term volatility contingent upon broader market dynamics.