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UOB: ASEAN-6 To Outpace Global GDP Growth In 2025 Amid Supply Chain Shifts, Investment Opportunities

KUALA LUMPUR, Dec 5 (Bernama) -- United Overseas Bank (UOB) forecasts that ASEAN-6 economic growth will reach 4.8 per cent in 2025, surpassing the projected global average gross domestic product (GDP) growth of 3.2 per cent.

Late Buying Lifts Bursa Malaysia To End In Positive Zone

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.

Rubber Market Ends Mixed Amid Stronger Ringgit And Regional Trends

KUALA LUMPUR, Dec 5 (Bernama) -- The Kuala Lumpur rubber market ended mixed today, weighed down by the stronger ringgit against the US dollar and a mixed performance in regional rubber futures markets, a dealer said.

ASEAN Has Potential In Digital Economy, Manufacturing, And Supply Chains Led By BRICS Members - MITI

KUALA LUMPUR, Dec 5 (Bernama) -- ASEAN countries have the potential to capitalise on significant opportunities in the digital economy, manufacturing, and supply chains led by BRICS countries, which are dialogue partners of the region, said the Ministry of Investment, Trade and Industry (MITI).

Bursa Malaysia Marginally Lower At Midday

KUALA LUMPUR, Dec 5 (Bernama) -- Bursa Malaysia ended the morning session slightly lower due to profit-taking in industrial products, services as well as consumer products stocks, along with mixed performances from regional peers.

No Official Proposal From BRICS Countries Regarding De-Dollarisation - Tengku Zafrul

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.

Cropmate Optimistic About Fertiliser Demand In Malaysia

KUALA LUMPUR, Dec 12 (Bernama) -- Cropmate Bhd is optimistic about growing fertiliser demand in Malaysia, particularly in the palm oil sector.

Bursa Malaysia Extends Positive Momentum In Early Session

KUALA LUMPUR, Dec 5 (Bernama) -- Bursa Malaysia extended its positive momentum in the early session on Thursday, tracking the upbeat performance on Wall Street overnight amid improving consumer confidence.

E&E Segment Records Realised Investments Of RM4.8 Bln As Of June 2024

KUALA LUMPUR, Dec 5 (Bernama) -- The electrical and electronics (E&E) segment has recorded the highest realised investment performance of RM4.8 billion during the period from January to June 2024, according to the Ministry of Investment, Trade and Industry (MITI).

Ringgit Strengthens Against US Dollar In Early Trade

KUALA LUMPUR, Dec 5 (Bernama) -- The ringgit strengthened against the US dollar in early trade on Thursday on the back of improved buying sentiment towards the domestic currency, said an analyst. 

No Proposal For Malaysia To Join New Development Bank So Far -- MITI

KUALA LUMPUR, Dec 5 (Bernama) -- There has been no proposal so far for Malaysia to join the New Development Bank (NDB), according to the Ministry of Investment, Trade and Industry (MITI).

ASEAN SEOM Retreat To Understand Outstanding Issues From Previous ASEAN Chairmanship

KOTA KINABALU, Dec 4 (Bernama) -- The two-day ASEAN Senior Economic Officials Meeting (SEOM) Retreat 2025, which ends tomorrow, is a vital preparatory meeting aimed at updating outstanding issues from the previous ASEAN chairmanship.