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Malaysia's Palm Oil Exports Slip 9.97 Pct To 1.34 Mln Tonnes In December - MPOB

KUALA LUMPUR, Jan 10 (Bernama) -- Malaysia’s palm oil exports in December 2024 fell 9.97 per cent to 1.34 million tonnes from 1.49 million tonnes in the preceding month, according to the Malaysian Palm Oil Board (MPOB).

Malaysia's IPI Up 3.6 Pct In Nov 2024 – DOSM

KUALA LUMPUR, Jan 10 (Bernama) -- The Industrial Production Index (IPI) increased by 3.6 per cent year-on-year in November 2024, driven by sustained output growth in the manufacturing sector, according to the Department of Statistics (DOSM).

BMI Expects BNM To Hold OPR At 3.0 Pct In Next Meeting

KUALA LUMPUR, Jan 10 (Bernama) -- Bank Negara Malaysia (BNM) is expected to keep the overnight policy rate (OPR) at 3.0 per cent during its meeting on Jan 22, 2025, according to BMI, a Fitch Solutions company.

Global Air Cargo And Passenger Demand Up By Over 8 Pct In November 2024 -- IATA

KUALA LUMPUR, Jan 9 (Bernama) -- Global air cargo markets saw robust growth in demand in November 2024, with cargo tonne-kilometres surging by 8.2 per cent compared to a year earlier, according to the International Air Transport Association (IATA).

Unit Price Index Of Steel Down By 0.1 Pct To 4.6 Pct In December 2024 -- DOSM

KUALA LUMPUR, Jan 9 (Bernama) -- The unit price index of steel recorded a decrease of between 0.1 per cent and 4.6 per cent across most parts of Malaysia in December 2024 compared to the previous month, said the Department of Statistics Malaysia (DOSM). 

Air Travel Demand Will Be Robust In 2025, Driven By Surge In Business, Leisure Travel

KUALA LUMPUR, Jan 9 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) has projected that air travel recovery will remain intact and demand will be robust in 2025, with an estimation of tourist arrivals of 31 million into Malaysia this year, up 15 per cent from an estimated 27 million last year.

Ringgit Ends Lower Against US Dollar

By Zarul Effendi Razali

KUALA LUMPUR, Jan 8 (Bernama) -- The ringgit retreated from yesterday’s gains to close lower against the US dollar on Wednesday, as positive data from the United States prompted investors to return to the greenback.

Bursa Malaysia Opens Lower In Line With Weaker Wall Street

KUALA LUMPUR, Jan 8 (Bernama) -- Bursa Malaysia reversed its gains yesterday to open slightly easier this morning, influenced by Wall Street's weaker overnight performance, according to an analyst.

Ringgit Opens Flat Amid Rising Greenback Demand 

KUALA LUMPUR, Jan 8 (Bernama) -- The ringgit opened flat against the US dollar but rose versus other major currencies amid rising greenback demand, following the release of key United States (US) economic data yesterday, said an analyst. 

Ringgit Edges Higher As US Dollar Index Declines

KUALA LUMPUR, Jan 7 (Bernama) --  The ringgit opened slightly higher against the US dollar, bolstered by a weaker US Dollar Index (DXY) after the release of US economic data, an analyst said.  

Proton Sales Surge 19.7 Pct In December, Lifting Total Sales To 152,352 Units In 2024

KUALA LUMPUR, Jan 6 (Bernama) -- Proton Holdings Bhd closed out last year on a high note after selling 14,601 cars in December, a 19.7 per cent increase over the previous month and the second highest sales figure for 2024.

KK Group Expands Rapidly In Southeast Asia 

KUALA LUMPUR, Jan 6 (Bernama) -- KK Group, a China-based trend retailer has accelerated its expansion across Southeast Asia, entering four countries last year with its lifestyle brand, KKV and makeup brand, The Colorist.