18d ago
PUTRAJAYA, April 11 (Bernama) -- The 13th ASEAN Finance Ministers’ and Central Bank Governors’ Meeting (AFMGM) welcomed a proposed US$30 billion (RM141 billion) facility by the Asian Development Bank (ADB) for 2026–2030 to support the implementation of the Finance Sectoral Plan and ASEAN Community Vision 2045.
18d ago
By Abdul Hamid A Rahman
KUALA LUMPUR, April 11 (Bernama) -- The ringgit is expected to maintain its upward trajectory next week and could breach the 3.95 level amid cautious optimism over developments in West Asia, said economists.
18d ago
By Siti Radziah Hamzah
KUALA LUMPUR, April 11 (Bernama) -- Bursa Malaysia’s benchmark index is likely to break above the 1,700 psychological level in the coming week on firmer sentiment, alongside oil price stabilisation, supportive external momentum and easing volatility, and a turn in foreign fund flows, said an analyst.
19d ago
KUALA LUMPUR, April 10 (Bernama) -- Crude palm oil (CPO) prices are expected to remain elevated, supported by biodiesel mandates, higher oil prices, and weather-related supply risks, said CIMB Securities Sdn Bhd.
19d ago
KUALA LUMPUR, April 10 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) maintained its 2026 distributive trade forecast at 6.1 per cent, though downside risks from the ongoing energy crisis may warrant a downward revision.
19d ago
KUALA LUMPUR, April 10 (Bernama) -- Asian Development Bank (ADB) projects Malaysia’s economy to grow by 4.6 per cent in 2026 and 4.5 per cent in 2027.
19d ago
KUALA LUMPUR, April 10 (Bernama) -- Apex Securities Bhd maintains its 2026 gross domestic product (GDP) forecast at 4.7 per cent year-on-year, which remains in line with Bank Negara Malaysia’s (BNM) 4.0-5.0 per cent projection range.
19d ago
KUALA LUMPUR, April 10 (Bernama) -- Bursa Malaysia opened slightly higher on Friday, taking cues from positive overnight Wall Street performance, ahead of the United States (US)-Iran ceasefire talks in Pakistan this weekend.
20d ago
KUALA LUMPUR, April 9 (Bernama) -- Malaysia’s ability to sustain macroeconomic stability is crucial in navigating global economic challenges amid ongoing West Asia tensions, said Juwai IQI global chief economist Shan Saeed.
20d ago
KUALA LUMPUR, April 9 (Bernama) -- Oil prices rebounded towards US$100 per barrel amid lingering uncertainty over the two-week United States-Iran ceasefire and Iran’s renewed closure of the Strait of Hormuz following Israeli strikes on Lebanon.
20d ago
KUALA LUMPUR, April 9 (Bernama) -- Cloudera has announced significant advancements to its hybrid data and artificial intelligence (AI) platform, aimed at helping enterprises modernise infrastructure, reduce costs and accelerate analytics and AI across their data environments.
20d ago
KUALA LUMPUR, April 9 (Bernama) -- The World Bank Group has raised Malaysia’s economic growth forecast for 2026 to 4.4 per cent from 4.1 per cent, citing resilient domestic demand, its lead economist for Malaysia, Apurva Sanghi, said.