1y ago
KUALA LUMPUR, Dec 21 (Bernama) -- Hong Leong Investment Bank (HLIB) expects inflation to rise in 2025, driven by domestic policy reforms such as the RON95 fuel subsidy rationalisation and an expanded sales and services tax (SST) scope.
1y ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Dec 21 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is expected to stay in consolidation mode next week until new catalysts emerge.
1y ago
KUALA LUMPUR, Dec 21 (Bernama) -- Bursa Malaysia is expected to maintain its sideways pattern next week until new catalysts emerge, according to Rakuten Trade Sdn Bhd.
1y ago
KUALA LUMPUR, Dec 19 (Bernama) -- Aeon Credit Service (M) Bhd’s net profit for the third quarter of the financial year ended Feb 28, 2025 (3Q 2025) fell to RM62.07 million from RM85.55 million last year.
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
By Harizah Hanim Mohamed
KUALA LUMPUR, Dec 19 (Bernama) -- The local currency traded 0.4 per cent weaker against the US dollar as the US Dollar Index rose further to 108.142 points following the United States (US) Federal Reserve's (Fed) decision to cut the Fed Funds Rate by 25 basis points last night.
1y ago
KUALA LUMPUR, Dec 6 (Bernama) -- BMI, a Fitch Solutions company, has forecast global natural gas consumption to rise in the near term as the Northern Hemisphere winter approaches, supported by strong demand for liquefied natural gas (LNG) across all markets.
1y ago
KUALA LUMPUR, Dec 5 (Bernama) -- The restructuring of the Development Financial Institutions (DFIs) involving Bank Pembangunan Malaysia Bhd (BPMB), Small Medium Enterprise Development Bank Malaysia Bhd (SME Bank), and Export-Import Bank of Malaysia Bhd (EXIM Bank) is in line with the national agenda to implement reforms and strengthen government-owned institutions, said the Ministry of Finance (MoF).
1y ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Dec 5 (Bernama) -- Last-minute buying mainly in financial and plantation heavyweights helped lift Bursa Malaysia to end today’s session on a positive note, erasing losses from the earlier sessions.
1y ago
KUALA LUMPUR, Dec 5 (Bernama) -- There has been no official proposal agreed upon by BRICS member countries regarding de-dollarisation in trade matters, said Investment, Trade, and Industry Minister, Tengku Datuk Seri Zafrul Abdul Aziz.
1y ago
KUALA LUMPUR, Dec 4 (Bernama) -- MIDF Amanah Investment Bank Bhd (MIDF IB) anticipates ringgit to regain strength and to end the year stronger at RM4.30 compared to RM4.59 at the end of 2023.
1y ago
KUALA LUMPUR, Dec 3 (Bernama) -- Malaysia will remain neutral and is prepared to face possible changes in the global economic landscape following Donald Trump’s return as United States (US) president by focusing on soft power diplomacy in dealing with the new administration, said Foreign Minister Datuk Seri Mohamad Hasan.