IMF Evaluation Reflects Malaysia's Strong Economic Fundamentals - Economists

By Anas Abu Hassan

KUALA LUMPUR, Dec 20 (Bernama) -- The International Monetary Fund’s (IMF) assessment on Malaysia's economy shows that the country's prudent macroeconomic and financial policies have played a critical role in anchoring growth, economists said.

CPO Futures To Trade With Bearish Bias Next Week Amid Rising Stock Levels

By K. Naveen Prabu

KUALA LUMPUR, Dec 20 (Bernama) -- The crude palm oil (CPO) futures are expected to trade with a bearish bias next week, weighed down by rising stock levels.

Gold Futures Likely To Trade Higher Next Week

KUALA LUMPUR, Dec 20 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are likely to trade higher next week, tracking gains in US Commodity Exchange (COMEX) gold, as investors position ahead of key economic data.

Ringgit Poised To See Profit-taking After Hitting Near Six-year High Vs Greenback

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Dec 20 (Bernama) -- The ringgit is expected to experience profit-taking next week, hovering between RM4.07 and RM4.09 against the US dollar after hitting a near six-year high yesterday.

IMF Assessment Reflects Malaysia’s Fiscal Discipline, Commitment To Reforms — Amir Hamzah

KUALA LUMPUR, Dec 19 (Bernama) -- The International Monetary Fund’s (IMF) assessment of Malaysia’s economic performance reflects the nation’s prudent fiscal management, strong domestic demand, and commitment to structural reforms under the MADANI Economy framework, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Anwar Welcomes IMF Assessment, Reaffirms Priority On Prudent Economic Management

KUALA LUMPUR, Dec 19 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has welcomed the International Monetary Fund’s (IMF) assessment of Malaysia’s economic performance, emphasising that the government’s priority remains ensuring economic stability is managed responsibly.

CPO Futures End Lower On Rising Stocks, Weak Demand

By K. Naveen Prabu

KUALA LUMPUR, Dec 19 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower today due to rising stock levels.

Gold Futures End Lower, Tracking US COMEX Weakness

KUALA LUMPUR, Dec 19 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended lower today, tracking the weaker performance of the US COMEX. 

TNB: Stronger, Smarter Grid Driving Malaysia’s Clean Energy Transition

KUALA LUMPUR, Dec 19 (Bernama) -- Malaysia’s transition to clean energy will only succeed with a power grid that is stronger, smarter and capable of supporting significantly higher levels of renewable energy (RE), Tenaga Nasional Bhd (TNB) chief strategy and ventures officer Ir Dr Mohd Fadzil Mohd Siam said.

Malakoff Subsidiary Enters Into 21-Year PPA With TNB For Perak Solar Project

KUALA LUMPUR, Dec 19 (Bernama) -- Malakoff Corporation Bhd said its 80 per cent-owned subsidiary, Malakoff Silver Solar Sdn Bhd (MSSSB), has entered into a 21-year power purchase agreement (PPA) with Tenaga Nasional Bhd (TNB) for a 470-megawatt alternating current (MWac) solar photovoltaic project in Perak.

KLCI Futures Close Sharply Higher, Tracking Cash Market Gains

KUALA LUMPUR, Dec 19 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives ended sharply higher today, tracking gains in the underlying cash market.

Bursa Malaysia Hits Nearly 15-Month High On Improved Year-end Sentiment

By Danni Haizal Danial Donald

KUALA LUMPUR, Dec 19 (Bernama) -- Bursa Malaysia ended the week sharply higher, climbing to an almost 15-month high and surpassing its previous peak of 1,660.09 recorded on Sept 27, 2024, as domestic sentiment improved ahead of year-end portfolio flows.