BNM Maintains OPR Unchanged At 3.0 Pct
KUALA LUMPUR, Nov 6 (Bernama) -- Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) has decided to maintain the Overnight Policy Rate (OPR) at 3.00 per cent at its meeting today.
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Ringgit Stays Strong, Up 5.03 Pct Versus US Dollar As At Nov 4 - Amir Hamzah
KUALA LUMPUR, Nov 5 (Bernama) -- The ringgit’s value is still strong amid recent market developments and adjustments, with the local note rising by 5.03 per cent against the US dollar as at Nov 4, 2024.
OIC Member States Must Foster Collaboration On Financial Ecosystems, Strengthen Digital Payment - Fahmi
From Kisho Kumari Sucedaram
ISTANBUL, Nov 4 (Bernama) -- The Organisation of Islamic Cooperation (OIC) member states must prioritise the sharing of best practices and foster robust collaboration among Islamic nations to develop modern, efficient and inclusive financial ecosystems, effectively phasing out outdated traditional methods.
Malaysia’s ASEAN Chairmanship To Spur Digitalisation, Attract Foreign Investors -- TeamViewer
KUALA LUMPUR, Nov 4 (Bernama) -- Malaysia’s assumption of the ASEAN chairmanship next year will be a catalyst for the country’s adoption of advanced technologies, especially in digitalisation, and make it more appealing to foreign investors.
IMF Sees Robust 4.6 Pct growth For ASEAN In 2024, Revises Upward Malaysia's GDP Growth Forecast
KUALA LUMPUR, Nov 1 (Bernama) -- Growth for countries in ASEAN is forecast to be at a robust 4.6 per cent this year and 4.7 per cent in 2025, largely supported by strong domestic demand and exports, the International Monetary Fund (IMF) said on Friday.
Swedish Firms Supporting Malaysia’s Green Transition With Sustainable Investments
By Kisho Kumari Sucedaram & Mikhail Raj Abdullah
KUALA LUMPUR, Oct 31 (Bernama) – Top Swedish firms that have been investing in Malaysia’s industrial development since the nation achieved its independence are lending their expertise in the country’s green economy transition by focusing on the sustainability agenda.
US Tariffs On China To Have Mixed Impact On ASEAN Economies -- OCBC
KUALA LUMPUR, Oct 30 (Bernama) -- Potential US tariffs of up to 60 per cent on Chinese exports could have a mixed impact on ASEAN economies, creating medium-term growth opportunities for the ASEAN-6 region, which includes Malaysia, said OCBC Global Markets Research.
Malaysia’s Direct Selling Industry Sees New Horizons With Potential BRICS Membership
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Oct 30 (Bernama) – Malaysia’s direct selling industry stands to gain significantly from the country’s interest in joining the BRICS economic bloc, says the Malaysia Direct Distribution Association (MDDA).
Malaysia To Drive ASEAN FTA Upgrades To Further Enhance Region's Economic Growth
KUALA LUMPUR, Oct 29 (Bernama) -- Malaysia is looking forward to the "upgrading" and conclusion of some of the existing free trade agreements (FTAs) with certain countries such as China, India and ASEAN member economies.
Juwai IQI: Chinese Capital Moving Away From G7 Economies, Coming Back To Asia
KUALA LUMPUR, Oct 29 (Bernama) -- International real estate technology group Juwai IQI said that Chinese capital is moving away from the Group of Seven (G7) economies and coming back to Asia, especially Southeast Asia, where Malaysia and its neighbours are some of the biggest beneficiaries of the Chinese pivot to Asia.
APO Unveils Green Productivity 2.0 At 65th Workshop Meeting Of NPO Leaders
KUALA LUMPUR, Oct 28 (Bernama) -- The Asian Productivity Organization (APO) convened its 65th Workshop Meeting (WSM) of Heads of National Productivity Organizations (NPOs) in Nadi, Fiji from Oct 23 to 25.
Malaysia's Application To Join BRICS Gets Solid Support From Bloc Members Including India, China - PM Anwar
KUALA KANGSAR, Oct 27 (Bernama) -- Malaysia’s application to become a BRICS partner has received strong and solid support from all BRICS members including Russia, China and India during a meeting of the eight founding members of the bloc.