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KSI Forecasts Malaysia's Economic Growth At 4.9 Pct For 2025

KUALA LUMPUR, Jan 2 (Bernama) -- Malaysia's economic growth is expected to moderate to 4.9 per cent in 2025, slightly above the official target range of 4.5 per cent to 5.5 per cent, taking into account the impact of domestic policies and external challenges, said KSI Strategic Institute for Asia Pacific (KSI).

Bursa Malaysia Shines In 2024, CI To Touch 1,800 Next Year, With 50 New Listings

By Harizah Hanim Mohamed and Danni Haizal Danial Donald

KUALA LUMPUR, Dec 31 (Bernama) -- Malaysia's equity market delivered a commendable performance in 2024, earning a solid grade close to an “A”, with several key milestones achieved throughout the year, laying the foundation for the main index to reach 1,800 next year, with 50 new listings anticipated.

Penang Records RM22.6 Bln Approved Investments Up To 3Q 2024

GEORGE TOWN, Dec 31 (Bernama) -- Penang has attracted an impressive investment inflow in the industrial sector this year, with approved investments up to the third quarter (3Q) hitting RM22.6 billion.

Gamuda Able To Develop Up To 1,000MWs Data Centre On Newly Acquired Land - HLIB

KUALA LUMPUR, Dec 31 (Bernama) -- The land acquired by Gamuda Bhd at Springhill Industrial Park in Negeri Sembilan could support the development of data centre (DC) capacities of between 700-1,000 megawatts (MWs) based on two to three MWs per acre with a downward adjustment in net area, Hong Leong Investment Bank’s (HLIB) preliminary estimates show.

Kenanga IB Projects TIV To Rise To 805,000 Units In 2025

KUALA LUMPUR, Dec 30 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) projects a total industry volume (TIV) of 805,000 units for the automotive industry in 2025, a marginal increase from an estimated 800,000 units in 2024.

Gig Economy Expands In 2024 Amid Push For Worker Protections

KUALA LUMPUR, Dec 29 (Bernama) -- Malaysia's gig economy has continued its upward trajectory in 2024, with the number of own-account workers, including gig workers, surpassing three million as of September.

Higher Opex Under RP4 To Support TNB's Operational, Maintenance Activities - RHB IB

KUALA LUMPUR, Dec 27 (Bernama) -- RHB Investment Bank Bhd (RHB IB) is positive on Tenaga Nasional Bhd's (TNB) three-year Regulatory Period 4 (RP4) announcement, as the higher allowed operating expenditure (opex) could support the planning and execution of necessary operational and maintenance activities for all of the utility company's electrical infrastructure.

Ringgit Opens Higher Against Greenback

By Siti Noor Afera Abu

KUALA LUMPUR, Dec 27 (Bernama) -- The ringgit maintained its upward momentum and opened higher against the US dollar on Friday, despite the greenback's strength driven by expectations about the United States (US) administration’s trade policy.

Cocoa, Pepper Continue Resilient Performance In 2024, Positive Outlook In 2025

KUALA LUMPUR, Dec 25 (Bernama) -- Cocoa and pepper continued their upward performance in 2024 driven by higher global demand and the government’s support towards the commodity’s growth.

Automotive Sector Revs Up To Another Resilient Performance In 2024 As First National EV Debuts

KUALA LUMPUR, Dec 25 (Bernama) -- As 2024 draws to a close, the automotive industry stands out not only because of the better-than-expected vehicle sales for the third year running but also due to the much-anticipated launch of Malaysia’s very own electric vehicle (EV).

PNB Declares 5.75 Sen Per Unit Income, RM10.1 Bln Payout For ASB

KUALA LUMPUR, Dec 24 (Bernama) -- Permodalan Nasional Bhd’s (PNB) wholly owned unit trust management company, Amanah Saham Nasional Bhd (ASNB), has announced a total income distribution of 5.75 sen per unit for Amanah Saham Bumiputera (ASB) for the financial year ending Dec 31, 2024 (FY2024).

Jiangsu Completes Key Winter Peak Load Projects, Boosting 2024 Power Supply

KUALA LUMPUR, Dec 23 (Bernama) -- The capacity expansion project of the main transformer at the 500-kilovolt (kV) Shangdang Substation in Zhenjiang, Jiangsu Province, was officially put into operation on Dec 16.