8m ago
KUALA LUMPUR, May 14 (Bernama) -- Sunway Real Estate Investment Trust (REIT) recorded a higher net profit of RM104.32 million for the first quarter of 2025 (1Q 2025) ended March 31, 2025, compared to RM86.98 million in the same quarter a year ago.
8m ago
By Abdul Hamid A Rahman
KUALA LUMPUR, May 14 (Bernama) -- The ringgit closed firmer against the American dollar on Wednesday, supported by improved risk sentiment following a lower-than-expected US inflation reading and easing US Treasury yields.
8m ago
By Naveen Prabu Kuppusamy
KUALA LUMPUR, May 14 (Bernama) -- The 90-day tariff pause between the United States (US) and China offers Malaysia a critical opportunity to reposition itself economically, according to economists.
8m ago
KUALA LUMPUR, May 14 (Bernama) -- Malaysia’s natural rubber (NR) production fell by 20.3 per cent to 28,712 tonnes in March 2025 from 36,005 tonnes in February 2025, said the Department of Statistics Malaysia (DOSM).
8m ago
KUALA LUMPUR, May 14 (Bernama) -- Malaysian palm oil stocks are expected to rise 15 per cent month-on-month (m-o-m) in May 2025 to 2.15 million tonnes, driven by higher output, according to CIMB Securities Sdn Bhd.
8m ago
KUALA LUMPUR, May 14 (Bernama) -- Research firms have projected a higher gross domestic product (GDP) of between 4.5 and 4.6 per cent from 4.4 per cent previously for the first quarter of 2025 (1Q 2025), ahead of this Friday’s announcement.
8m ago
By Rosemarie Khoo and Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, May 14 (Bernama) -- Malaysia’s first quarter (1Q) 2025 gross domestic product (GDP) figures are set to challenge market expectations as investors attempt to untangle a complex mix of past trade distortions and growing concerns over the country’s economic exposure to China.
8m ago
By Engku Shariful Azni Engku Ab Latif and Harizah Hanim Mohamed
KUALA LUMPUR, May 14 (Bernama) -- The ringgit opened higher against the US dollar today, as easing US-China trade tensions brought relief to the financial markets, reducing recession fears and boosting risk-on sentiment among the traders and investors, an analyst said.
8m ago
From Muhammad Muzammil Abdullah
JEJU (South Korea), May 14 (Bernama) -- Minister of Investment, Trade and Industry (MITI), Tengku Datuk Seri Zafrul Aziz is leading Malaysia’s delegation to Jeju, South Korea as trade ministers from the 21 member economies of the Asia-Pacific Economic Cooperation (APEC) are gathered for the 31st meeting.
8m ago
KUALA LUMPUR, May 13 (Bernama-Xinhua) -- Wide-ranging unilateral tariffs imposed by the administration of the US President Donald Trump will cause short-term problems for certain sectors of the export-oriented states of the Association of Southeast Asian Nations (ASEAN) grouping, but will lose their bite over time considering the resilience of these countries, according to analysts.
8m ago
KUALA LUMPUR, May 13 (Bernama) -- MIDF Amanah Investment Bank Bhd’s research arm, MIDF Research, is projecting sustained expansion in domestic spending following stronger retail sales recorded in March 2025.
8m ago
KUALA LUMPUR, May 13 (Bernama) -- The 100-basis point cut in the Statutory Reserve Requirement (SRR) ratio by Bank Negara Malaysia (BNM) last Thursday is intended to give the Monetary Policy Committee some breathing room to assess the impact of the United States (US)-led tariff shock on exports, said Moody’s Analytics.