BNM's OPR Hold Signals Positive Outlook For Investment Growth - Economists

By Harizah Hanim Mohamed

KUALA LUMPUR, Nov 6 (Bernama) -- Bank Negara Malaysia’s (BNM) decision to maintain the overnight policy rate at 3.00 per cent at its final Monetary Policy Committee (MPC) meeting of the year reflects the central bank’s support for domestic economic growth.

Shell Malaysia, Progressture Power in Deal To Set Up Solar Roofs At 600 Stations Nationwide

KUALA LUMPUR, Nov 4 (Bernama) -- Shell Malaysia Ltd and Progressture Power Sdn Bhd have partnered to install up to 20 megawatt peak (MWp) of solar capacity on the roofs of over 600 retail stations nationwide.

Bumi Armada Unit Secures RM282.5 Mln Contract To Install Flare Gas Recovery System In North Sea

KUALA LUMPUR, Nov 1 (Bernama) -- Bumi Armada Bhd’s wholly owned subsidiary Bumi Armada UK Ltd has secured a £50 million (RM282.5 million) contract from EnQuest Heather Ltd.

US Tariffs On China To Have Mixed Impact On ASEAN Economies -- OCBC

KUALA LUMPUR, Oct 30 (Bernama) -- Potential US tariffs of up to 60 per cent on Chinese exports could have a mixed impact on ASEAN economies, creating medium-term growth opportunities for the ASEAN-6 region, which includes Malaysia, said OCBC Global Markets Research.

Malaysia Collects RM500 Mln In Anti-dumping Duties Between 2016 To June 2024 -- Liew

KUALA LUMPUR, Oct 30 (Bernama) -- Malaysia has collected an estimated RM500 million in anti-dumping duties between 2016 and June 2024 to mitigate the effects of “unfair” imports, said the Ministry of Investment, Trade and Industry (MITI).

Budget 2025 Maintains Gradual Fiscal Consolidation Approach - Fitch Ratings

KUALA LUMPUR, Oct 29 (Bernama) -- Malaysia’s Budget 2025 reaffirms a commitment towards gradual fiscal consolidation from a high debt level compared with peers, according to Fitch Ratings. 

Stable Prices Expected Following September PPI Decline - MIDF

KUALA LUMPUR, Oct 29 (Bernama) -- MIDF Amanah Investment Bank Bhd expects selling prices in Malaysia to remain stable following a decline in the producer price index (PPI) in September 2024.

US Keen On Climate Change Partnerships With Malaysia, Focusing On SAF To Reduce Emissions

By Kisho Kumari Sucedaram

KUALA LUMPUR, Oct 27 (Bernama) -- The United States is keen to explore climate change partnerships with Malaysia, focusing on sustainable aviation fuels (SAF) in its pursuit to cut down carbon emissions and achieve a clean, green climate-resilient future.

Malaysia Needs To Prepare And Have All The Buffers To Face The Changing Global Economic Environment -- BNM Governor

KUALA LUMPUR, Oct 26 (Bernama) -- Malaysia, as a small and open economy, needs to ensure that it is well-prepared and has the necessary buffers to face the changing global economic environment, said Bank Negara Malaysia (BNM) governor Datuk Seri Abdul Rasheed Ghaffour.

Bursa Malaysia Likely To Trade Within Narrow Range Next Week

By Karina Imran

KUALA LUMPUR, Oct 26 (Bernama) -- Bursa Malaysia is expected to trade within a narrow range on cautious mode amid geopolitical uncertainties, said an analyst. 

DoSM: Malaysia's Leading Index Rises 4.0 Pct In August 2024, Reaches 114.3 Points

KUALA LUMPUR, Oct 25 (Bernama) -- Malaysia's leading index (LI) continued to demonstrate strong growth momentum in August 2024, with a growth of 4.0 per cent to 114.3 points from 109.9 points in the same month of the previous year, said the Department of Statistics Malaysia (DoSM).

Steady Growth And Political Stability Paving The Way For Critical Reforms -- Morgan Stanley

KUALA LUMPUR, Oct 24 (Bernama) -- Malaysia’s recent stability and steady growth are paving the way for the government to implement critical reforms, including the overhaul of costly fuel and power subsidies, said Morgan Stanley Investment Management.