1y ago
KUALA LUMPUR, Oct 1 (Bernama) – The Kuala Lumpur and Selangor Indian Chamber of Commerce and Industry (KLSICCI) has submitted several proposals to the Finance Ministry for Budget 2025 to lift and empower micro, small, and medium enterprises (MSMEs) while promoting inclusive economic growth in line with the MADANI Economy framework.
1y ago
KUALA LUMPUR, Sept 28 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is likely to move in tandem with the underlying cash market next week.
1y ago
KUALA LUMPUR, Sept 26 (Bernama) -- MIDF Amanah Investment Bank Bhd expects Bursa Malaysia’s positive market momentum to continue in the last quarter of 2024 (4Q), driven by foreign inflows, underpinned by a healthy economy and a positive corporate earnings outlook.
1y ago
KUALA LUMPUR, Sept 26 (Bernama) -- Absolute poverty increased from 2019 to 2022, especially among urban households, rising to 4.5 per cent in 2022 from 3.8 per cent in 2019, according to a Khazanah Research Institute (KRI) report.
1y ago
KUALA LUMPUR, Sept 25 (Bernama) -- The ringgit has been rising steadily against the US dollar, notably since early July, following greater clarity of the interest rate path of developed countries, especially that of the United States, according to Bank Negara Malaysia (BNM).
1y ago
JAKARTA, Sept 25 (Bernama) -- The Asian Development Bank (ADB) has revised its economic growth forecast for developing Asia and the Pacific to 5.0 per cent this year, up from the previous estimate of 4.9 per cent in April.
1y ago
JAKARTA, Sept 25 (Bernama) -- The Asian Development Bank (ADB) has revised its economic growth forecast for developing Asia and the Pacific to 5.0 per cent this year, up from the previous estimate of 4.9 per cent in April.
1y ago
KUALA LUMPUR, Sept 24 (Bernama) -- The Malaysian Consultative Council of Islamic Organisations (MAPIM) has called on all parties, regardless of political ideology, to support the MADANI Government’s efforts to revitalise and strengthen the national economy in the current situation where the ringgit continues to strengthen.
1y ago
GEORGE TOWN, Sept 24 (Bernama) -- Affin Bank Bhd expects Malaysia’s gross domestic product (GDP) growth to remain healthy at five per cent this year and 5.2 per cent next year amidst the low possibility of a global recession.
1y ago
KUALA LUMPUR, Sept 19 (Bernama) -- The Malaysian Real Estate Investment Trusts (M-REITs) have witnessed a positive uptrend despite the challenging global economic and geopolitical landscape this year, according to the Malaysian REIT Managers Association (MRMA).
1y ago
KUALA LUMPUR, Sept 17 (Bernama) -- MidOcean Energy (MidOcean), a liquefied natural gas (LNG) company formed and managed by EIG, and Hunt Oil Company (Hunt) announced they have entered into a definitive agreement for MidOcean to acquire an additional 15 per cent interest in Peru LNG (PLNG) from Hunt.