1y ago
KUALA LUMPUR, Jan 13 (Bernama) -- Malaysia’s wholesale and retail trade sector grew by 4.7 per cent year-on-year to achieve sales of RM149.3 billion in November 2024, the second-highest monthly sales achieved so far for the year, according to the Department of Statistics Malaysia (DOSM).
1y ago
KUALA LUMPUR, Jan 13 (Bernama) -- Crude palm oil (CPO) prices are expected to remain elevated in the first half of 2025 (1H 2025), trading between RM4,400 and RM4,800 per tonne, before moderating in the second half (2H 2025) to MYR4,000-RM4,400 per tonne during the seasonal peak.
1y 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
From Kamarul Ariffin Md Yasin
ABU DHABI, 12 Jan (Bernama) -- The fields of artificial intelligence (AI) and data centres offer potential cooperation and investment opportunities for Malaysia and the United Arab Emirates (UAE).
1y ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Jan 10 (Bernama) -- Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher on Friday, driven by a bullish report from the Malaysian Palm Oil Board (MPOB), said palm oil dealer David Ng.
1y ago
KUALA LUMPUR, Jan 10 (Bernama) -- MIDF Amanah Investment Bank Bhd expects Malaysia’s Industrial Production Index (IPI) to sustain positive growth in 2025, projected at 3.0–4.0 per cent, following an estimated 3.4 per cent expansion in 2024.
1y ago
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).
1y ago
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).
1y ago
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.
1y ago
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).
1y ago
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).
1y ago
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.