11m ago
KUCHING, Nov 11 (Bernama) -- Sarawak is projected to experience resilient economic growth of five to six per cent in 2024 due to strong external demand, increased domestic activities and easing inflationary pressures.
11m ago
KUALA LUMPUR, Nov 11 (Bernama) -- Bursa Malaysia was in negative territory at midday today, dragged down by continued selling activities led by the utilities stocks amid a lack of new catalysts, analysts said.
11m ago
By Harizah Hanim Mohamed
KUALA LUMPUR, Nov 8 (Bernama) -- The ringgit closed stronger against the US dollar today, driven by broad market optimism.
11m ago
KUALA LUMPUR, Nov 8 (Bernama) -- The ringgit opened at the 4.38 level against the US dollar on Friday after the United States Federal Reserve (Fed) cut interest rates by 25 basis points (bps) during its Federal Open Market Committee (FOMC) meeting last night.
11m ago
KUALA LUMPUR, Nov 7 (Bernama) -- Amid ongoing economic challenges, Public Investment Bank (IB) Bhd anticipates Bank Negara Malaysia (BNM) will maintain a cautious stance through 2025, likely holding the overnight policy rate (OPR) steady at 3.00 per cent for the year.
11m ago
KUALA LUMPUR, Nov 6 (Bernama) -- RHB Investment Bank Bhd has maintained Malaysia’s 2025 gross domestic product (GDP) growth forecast at 5.0 per cent based on global assumptions for a Goldilocks backdrop following Donald Trump’s victory in the United States (US) presidential elections.
11m ago
KUALA LUMPUR, Nov 6 (Bernama) -- Seven out of 10 Malaysians believe the country is on the right track, according to a survey conducted by market research company Ipsos Sdn Bhd (Ipsos).
11m ago
By Harizah Hanim Mohamed
KUALA LUMPUR, Nov 6 (Bernama) -- Bank Negara Malaysia’s (BNM) decision to maintain the overnight policy rate at 3.00 per cent at its final Monetary Policy Committee (MPC) meeting of the year reflects the central bank’s support for domestic economic growth.
11m ago
KUALA LUMPUR, Nov 6 (Bernama) -- The ringgit closed lower against the US dollar today, snapping two days of gains, as the US presidential election results poured in, said an economist.
11m ago
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.
1y ago
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.
1y ago
BANGKOK, Nov 5 (Bernama) -- Investor confidence in Thailand’s stock market remained strong in October, supported by the government's economic stimulus package and the Bank of Thailand's recent policy rate cut, according to the Federation of Thai Capital Market Organizations (FETCO).