10m ago
KUALA LUMPUR, Feb 19 (Bernama) -- Gross domestic product (GDP) growth across the Asia-Pacific (APAC) region is expected to slow to 3.7 per cent in 2025 from an estimated 3.9 per cent in 2024 on trade tensions, policy shifts and uneven recoveries.
10m ago
KUALA LUMPUR, Feb 17 (Bernama) -- The ringgit is moving in the right direction despite the uncertainties caused by the United States’ (US) trade war, said Bank Negara Malaysia (BNM) governor Datuk Seri Abdul Rasheed Ghaffour.
10m ago
By Zufazlin Baharuddin
KUALA LUMPUR, Feb 14 (Bernama) -- The Malaysian economy saw significant growth in 2024, boosting the ringgit to end the week higher against the US dollar.
10m ago
KUALA LUMPUR, Feb 13 (Bernama) -- Boulder Imaging, a leader in machine vision and artificial intelligence solutions, has unveiled the world’s first Common Detector Interface 2 (CDI2)-compliant software for central banks.
10m ago
KUALA LUMPUR, Feb 13 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) has maintained Malaysia’s distributive trade forecast at 6.5 per cent in 2025 from 5.5 per cent in 2024, driven by higher income prospects and tourism.
11m ago
KUALA LUMPUR, Jan 24 (Bernama) -- The ringgit is likely to trade sideways, with an end-of-year forecast of RM4.45 against the US dollar.
11m ago
KUALA LUMPUR, Jan 15 (Bernama) -- The First Meeting of the ASEAN+3 Working Committee has agreed to set the Priority Economic Deliverables (PEDs) for ASEAN 2025, which include increasing access to sustainable and fair climate transition financing, said the Ministry of Finance (MoF).
11m ago
KUALA LUMPUR, Jan 13 (Bernama) -- Malaysia's gross domestic product (GDP) is expected to hold steady at five per cent in 2025, consistent with the government’s target of 4.5 to 5.5 per cent, according to CIMB Securities Sdn Bhd.
1y ago
KUALA LUMPUR, Dec 26 (Bernama) -- Kenanga Research has revised its financial year 2025 forecast (FY2025F) core profit for Petronas Chemicals Group Bhd (PCG) upward by 10 per cent, reflecting higher polyolefin price assumptions and improved speciality division profits.
1y ago
By Jailani Hasan
LABUAN, Dec 6 (Bernama) -- The Malaysian National Association of Employment Agencies (PIKAP), representing key foreign labour employment agencies in the country, has signed a memorandum of understanding (MoU) with Neurogine Sdn Bhd to initiate cross-border remittance programmes.
1y ago
KUALA LUMPUR, Nov 19 (Bernama) -- Bank Negara Malaysia (BNM), in collaboration with the Bank for International Settlements (BIS) and four other central banks, is advancing Project Nexus to enhance the efficiency of instant payment systems (IPS) for seamless cross-border transactions globally, with full operation expected by 2027.
1y ago
KUALA LUMPUR, Nov 1 (Bernama) -- Growth for countries in ASEAN is forecast to be at a robust 4.6 per cent this year and 4.7 per cent in 2025, largely supported by strong domestic demand and exports, the International Monetary Fund (IMF) said on Friday.