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BMI Expects BNM To Hold OPR At 3.0 Pct In Next Meeting

KUALA LUMPUR, Jan 10 (Bernama) -- Bank Negara Malaysia (BNM) is expected to keep the overnight policy rate (OPR) at 3.0 per cent during its meeting on Jan 22, 2025, according to BMI, a Fitch Solutions company.

Major Infrastructure Projects To Drive Malaysia's Steel Demand - Kenanga IB

KUALA LUMPUR, Jan 10 (Bernama) -- Malaysia’s demand for ferrous metals and their value-added products will be well driven by the roll-out of major local infrastructure projects, according to Kenanga Investment Bank Bhd (Kenanga IB).

Maybank IB: Malaysian Consumer Sector Poised For Strong Year In 2025

KUALA LUMPUR, Jan 10 (Bernama) -- Maybank Investment Bank Bhd (Maybank IB) believes the Malaysian consumer sector is poised for a strong year in 2025, driven by robust macroeconomic factors and government assistance that are expected to boost disposable income, improving consumer sentiment and spending capacity.

Gold Futures Close Higher For Third Consecutive Day

KUALA LUMPUR, Jan 9 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed higher for the third consecutive day today, boosted by a lower-than-anticipated United States (US) private employment report, which hinted that the US Federal Reserve may be less cautious about easing rates this year.

Rubber Market Ends Higher On Regional Uptrend, Stable Crude Oil Prices

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Jan 9 (Bernama) — The local rubber market closed higher on Thursday, bolstered by an uptrend in regional rubber futures markets and steady benchmark crude oil prices, said a dealer.

Yinson Production's Fpso Atlanta Achieves First Oil

KUALA LUMPUR, Jan 9 (Bernama) --  Yinson Holdings Bhd's offshore business arm, Yinson Production announced that its floating production storage and offloading (FPSO) unit, FPSO Atlanta has achieved its first oil on Dec 31, 2024.

Short-Term Rates End Steady On BNM Operations

KUALA LUMPUR, Jan 8 (Bernama) -- Short-term interbank rates closed steady today following Bank Negara Malaysia’s (BNM) operations to absorb surplus liquidity from the financial system. 

Ringgit Opens Flat Amid Rising Greenback Demand 

KUALA LUMPUR, Jan 8 (Bernama) -- The ringgit opened flat against the US dollar but rose versus other major currencies amid rising greenback demand, following the release of key United States (US) economic data yesterday, said an analyst. 

FBM KLCI Continues Slide, Mirroring Weaker Regional Performance

By Siti Noor Afera Abu

KUALA LUMPUR, Jan 6 (Bernama) -- Bursa Malaysia’s benchmark index closed lower today, mirroring the weak regional performance as major markets worldwide experienced mostly negative trends.

Ringgit Likely To Trade On Softer Note Next Week

KUALA LUMPUR, Jan 4 (Bernama) -- The ringgit is expected to trade on a softer note against the US dollar, remaining within a narrow range next week.

Ringgit Extends Loss As Robust US Jobs Data Holds Greenback Near Two-year High

KUALA LUMPUR, Jan 3 (Bernama) --The ringgit extended its loss to close lower against the US dollar on Friday as robust US jobs data held the greenback at a near two-year high.

Kenanga IB: Banking Sector Loan Growth Projected At 6.0 Pct In 2025

KUALA LUMPUR, Jan 3 (Bernama) -- Malaysia’s banking loan growth is projected at 6.0 per cent in 2025 amid uncertainties in foreign trade policies, said Kenanga Investment Bank Bhd (Kenanga IB).