1y ago
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).
1y ago
KUALA LUMPUR, Jan 2 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives extended its loss to close lower on Thursday as a delay in the implementation of Indonesia’s B40 biodiesel programme caused market uncertainty, a dealer said.
1y ago
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).
1y ago
By Nurul Jannah Kamaruddin and Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Jan 1 (Bernama) -- Building on its strong economic performance in 2024, Malaysia is poised to maintain its growth momentum into 2025, with the gross domestic product (GDP) projected to expand by up to 6.0 per cent, said an economist.
1y ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Dec 31 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower on the last trading day of 2024, due to the upcoming implementation of Indonesia’s biofuel programme in January, following the recent rally in CPO prices, a dealer said.
1y ago
By Siti Radziah Hamzah
KUALA LUMPUR, Dec 30 (Bernama) -- Bursa Malaysia ended the penultimate day of the year positively after a weak start, driven by buying momentum in selected heavyweights led by Maybank and Petronas Chemicals amid year-end window dressing by local institutions.
1y ago
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.
1y ago
By Anas Abu Hassan
KUALA LUMPUR, Dec 28 (Bernama) -- Year-end window dressing activities are expected to drive Bursa Malaysia's continued uptrend next week, fuelled by positive sentiment, according to UOB Kay Hian Wealth Advisors Sdn Bhd.
1y ago
KUALA LUMPUR, Dec 26 (Bernama) -- The new tariff schedule with a base tariff of 45.62 sen per kilowatt-hour for Peninsular Malaysia under Regulatory Period 4 (RP4) is proposed to be implemented starting July 1, 2025, Tenaga Nasional Bhd said today.
1y ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Dec 25 (Bernama) -- Malaysia’s workforce needs to be strengthened to ensure they are future-ready, particularly in the artificial intelligence (AI) and renewable energy sectors, said Learning Edge founder Perthpal Singh.
1y ago
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).
1y ago
KUALA LUMPUR, Dec 24 (Bernama) -- Bursa Malaysia maintained its positive momentum to finish higher today and above the key psychological level of 1,600, supported by persistent buying in utilities and industrial blue chips, said an analyst.