RHB IB Keeps Malaysia’s 2025 GDP Growth Forecast At 4.2 Pct, With Upside To 4.4 Pct

KUALA LUMPUR, Aug 15 (Bernama) -- RHB Investment Bank Bhd (RHB IB) has maintained its forecast for Malaysia’s 2025 gross domestic product (GDP) growth at 4.2 per cent, with an upside potential of up to 4.4 per cent.

ECRL Set To Boost Kuantan Port As Strategic Trade Gateway -- Knight Frank

By Abdul Hamid A Rahman & Mikhail Raj Abdullah

KUALA LUMPUR, Aug 6 (Bernama) -- A top official of a global real estate consultancy envisages Kuantan Port to emerge as a key logistics and trade hub for Malaysia, leveraging its strategic location and connectivity via the East Coast Rail Link (ECRL).

Ringgit Ends Lower Against US Dollar As Fed Holds Interest Rate Steady

KUALA LUMPUR, July 31 (Bernama) -- The ringgit reversed its gains in the morning to end lower against the greenback on Thursday as the US Federal Reserve (Fed) kept its benchmark interest rate steady overnight.

Bursa Opens Higher, CI Breaches 1,530 On Trade, Sentiment Boost

KUALA LUMPUR, July 24 (Bernama) -- Bursa Malaysia opened higher on Thursday, with the benchmark index breaching the 1,530 level after three days of choppy trading, supported by optimism over US-China trade talks and improved domestic sentiment following recent policy announcements.

Bursa Opens Higher As Improving Regional Sentiment Spurs Bargain Hunting

KUALA LUMPUR, July 22 (Bernama) -- Bursa Malaysia edged up 0.19 per cent at the opening bell on Tuesday, supported by expectations of bargain hunting amid improving regional sentiment.

Rate Cut To Spur Moderate Demand In Property Sector, Say Analysts

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, July 20 (Bernama) -- The cut in the Overnight Policy Rate (OPR) by Bank Negara Malaysia (BNM) will spur moderate demand for properties in general in the second half (2H) of this year while demand in the high-end segment will continue to be robust, analysts say.

July’s OPR Cut Unlikely To Signal Start Of Near-term Rate-cutting Cycle -- MIDF Amanah

KUALA LUMPUR, July 9 (Bernama) -- MIDF Amanah Investment Bank does not view Bank Negara Malaysia’s (BNM) 25-basis point (bps) reduction in the Overnight Policy Rate (OPR) to 2.75 per cent as signalling the start of a rate-cutting cycle in the near term. 

Kenanga IB Launches Structured Warrants Linked To Hang Seng Indices On Bursa Malaysia

KUALA LUMPUR, July 7 (Bernama) -- Kenanga Investment Bank Bhd has launched a new suite of structured warrants on Bursa Malaysia today, offering Malaysian investors direct access to global markets through exposure to two of Hong Kong’s leading Hang Seng equity benchmarks.

SST Revision Does Not Justify Hotel Rate Hikes - MoF

By Naveen Prabu Kuppusamy

KUALA LUMPUR, July 4 (Bernama) – The Ministry of Finance (MoF) indicated that the Sales and Service Tax (SST) does not warrant the hotel room rate increases asserted by some hotel associations.

Origin Investment Corp I Closes US$60 Mln In IPO On Nasdaq

KUALA LUMPUR, July 4 (Bernama) -- Origin Investment Corp I, a newly formed special purpose acquisition company, has successfully closed its initial public offering (IPO) of six million units at US$10 per unit, raising US$60 million. (US$1=RM4.21)

BESS Key To Malaysia’s Grid Stability, Says Aurora Energy Research

KUALA LUMPUR, July 4 (Bernama) -- As Peninsular Malaysia’s solar capacity surpasses 2.5 gigawatt (GW) in 2025, grid challenges from intermittent generation are becoming more pronounced, according to global consultancy and analytics firm, Aurora Energy Research.

Hyundai Motor Malaysia Debuts With Launch Of Staria, Tucson, Santa Fe

KUALA LUMPUR, July 3 (Bernama) -- Hyundai Motor Malaysia (HMY), the newly formed Malaysian entity under Hyundai Motor Company (HMC), has launched three car models -- Staria, the new Tucson, and the all-new Santa Fe -- to strengthen its footprint in Malaysia.