LATEST NEWS   APAD revokes the operator licence of MFG Barokah Enterprise following the crash in Gemas Baharu, Johor, which claimed three lives | The govt is warning corporates to stop channel switching activities and instead buy fuel at market prices, or they will face enforcement action -- Amir Hamzah | Global energy crisis: Moves to maintain targeted diesel subsidies ensure critical sectors like fishing, public transport can enjoy diesel at controlled prices - Amir Hamzah | Low supply, high demand, security threat, soaring delivery costs have caused global oil prices to rise sharply - Amir Hamzah | Global energy crisis: Government now bears RM6 billion in petrol and diesel subsidies, compared to RM700 million before the war - Amir Hamzah | 

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Malaysia And Singapore’s Credit Bureaux Support Bank Lending - Moody’s

KUALA LUMPUR, Oct 21 (Bernama) -- Malaysia and Singapore are the two countries in ASEAN with well-established credit bureaux which aggregate extensive data from various sources, supported by the high level of banking penetration in their economies, according to Moody’s.

Kioxia SSD With Flexible Data Placement Demonstrates Improvements In Lifespan, Performance

KUALA LUMPUR, Oct 21 (Bernama) -- Kioxia Corporation is showcasing and demonstrating the benefits of a KIOXIA XD Series SSD equipped with Flexible Data Placement (FDP) functionality running the RocksDB database at the 2024 OCP Global Summit, taking place from Oct 15 to 17 in San Jose, United States of America.

Global Economic Growth To Be Stable, Inflation Lower To 4.4 Pct In 2025

KUALA LUMPUR, Oct 18 (Bernama) -- The global economic outlook is expected to improve steadily next year, which will indirectly help boost trade and local demand for goods and services.

Malaysia's Economy To Grow 4.5 -5.5 Pct In 2025 - MOF

KUALA LUMPUR, Oct 18 (Bernama) -- Malaysia's economy is projected to grow between 4.5 per cent and 5.5 per cent in 2025, against 4.8 per cent and 5.3 per cent in 2024, said the Ministry of Finance (MoF).   

Household Spending To Grow By 5 Pct  Y-o-y Over 2025 To RM952.6 Billion - BMI

KUALA LUMPUR, Oct 18 (Bernama) -- BMI, a unit of Fitch Solutions, has forecast household spending to grow by 5 per cent year-on-year in 2025, in real terms, to a value of RM952.6 billion.

MPOC Expects CPO Prices To Stay Above RM4,000 In October Amid Market Fluctuations

KUALA LUMPUR, Oct 16 (Bernama) -- Crude palm oil (CPO) prices are expected to remain stable above RM4,000 per tonne in October despite ongoing market fluctuations, according to the Malaysian Palm Oil Council (MPOC).

Govt Has Room To Optimise Spending But Revenue Needs To Be Increased -- Rafizi

KUALA LUMPUR, Oct 14 (Bernama) -- The government still has room to optimise its spending although there is a need to increase revenue, said Economy Minister Rafizi Ramli. 

Kenanga IB Expects Govt To Raise Development Expenditure In Budget 2025

KUALA LUMPUR, Oct 12 (Bernama) -- The government is expected to allocate a higher development expenditure (DE) of RM94.5 billion in Budget 2025, from RM88.5 billion in 2024’s forecast, to boost infrastructure play, said Kenanga Investment Bank Bhd (Kenanga IB).

Ringgit Seen Trading Cautiously Vs US Dollar Next Week Ahead Of Budget 2025

By Anas Abu Hassan

KUALA LUMPUR, Oct 12 (Bernama) -- The ringgit is projected to trade sideways against the US dollar next week amid worries over China’s economy and rising geopolitical risks, ahead of Malaysia’s Budget 2025.

Rubber Market Likely To Trade Sideways Next Week

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Oct 12 (Bernama) -- The local rubber market is expected to trade sideways with a downward bias next week influenced by the escalating Red Sea crisis and the European Commission's (EC) proposal for a year-long delay to the EU Deforestation Regulation (EUDR), said industry expert Denis Low.

Global Rate Cuts Signal Policy Shifts, But Malaysia Takes A Measured Approach

KUALA LUMPUR, 11 Oct (Bernama) -- The rate cuts in several countries worldwide reflect a global shift in monetary policy towards easing, driven by differing domestic economic conditions, said an analyst. 

Labour Market Outlook Remains Positive For Remainder Of 2024 -- HLIB

KUALA LUMPUR, Oct 11 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) expects Malaysia’s labour market outlook for the rest of 2024 to remain positive, with the unemployment rate likely to hold steady at around 3.2 per cent.