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HLIB Expects Malaysia's 3Q GDP Growth To Moderate To 5.3 Pct

KUALA LUMPUR, Nov 13 (Bernama) -- Malaysia’s gross domestic product (GDP) for the third quarter of 2024 (3Q 2024) is expected to moderate to 5.3 per cent year-on-year (y-o-y), supported by continued expansion across most sectors, particularly manufacturing and services, said Hong Leong Investment Bank Bhd (HLIB). 

2024 GBA Global Investment Promotion Conference Highlights Growing Investment Potential

KUALA LUMPUR, Nov 12 (Bernama) -- The 2024 Global Investment Promotion Conference for the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) kicked off in Guangzhou, gathering leaders from 650 Fortune Global 500 companies and representatives from 89 countries, on Nov 8.

Govt Committed To Reducing Fiscal Deficit, Keep Debt-To-GDP Ratio Below 60 Pct

KUALA LUMPUR, Nov 11 (Bernama) -- The trend of declining fiscal deficit reflects the government's commitment to reducing the debt-to-gross domestic product (GDP) ratio, ensuring it stays below 60 per cent in the medium term, as stipulated by the Public Finance and Fiscal Responsibility Act 2023 (Act 850).

Three Crepe Rubber Processing Centres Set For Construction In Q3 2025

KUALA LUMPUR, Nov 11 (Bernama) -- The construction of three Crepe Rubber Processing Centres (PPGK) is expected to begin in the third quarter of 2025, according to the Ministry of Plantation and Commodities (KPK).

Govt Aims To Lower Fiscal Deficit To 3 Pct In Medium Term – Lim

KUALA LUMPUR, Nov 11 (Bernama) -- The government aims to reduce the fiscal deficit to three per cent in the medium term, as outlined in the MADANI Economy framework and the Public Finance and Fiscal Responsibility Act 2023 (Act 850).

Melewar Industrial Signs MoU With RusGrain Union To Secure Grain Supply

KUALA LUMPUR, Nov 8 (Bernama) – The Melewar Industrial Group Bhd has signed a memorandum of understanding (MoU) with the Russian Union of Grain Exporters (RusGrain Union) to secure a long-term grain supply, in response to the Malaysian government’s initiative to strengthen the nation’s food security sector.

Lazada Launches AI Lazzie, Suite Of Genai Features, Promises Exciting 11.11 Sale

KUALA LUMPUR, Nov 8 (Bernama) -- Lazada Malaysia has introduced AI Lazzie, an integrated shopping assistant powered by artificial intelligence (AI), to help users shop smarter while enjoying various deals on the platform during its 11.11 Biggest Sale of the Year.

U Mobile's Appointment As 5G Provider Complies With Licence Conditions - Fahmi

KUALA LUMPUR, Nov 7 (Bernama) -- The decision to select U Mobile Sdn Bhd as Malaysia's second 5G network provider does not contravene the special licence conditions for individual licences, said Communications Minister Fahmi Fadzil. 

Malaysia’s Second 5G Network Poised To Support IIoT, High-bandwidth Sectors - BMI

KUALA LUMPUR, Nov 7 (Bernama) -- BMI, a Fitch Solutions company, sees potential for Malaysia’s second 5G network to carve out a role as a niche connectivity provider, particularly supporting Industrial Internet of Things (IIoT) applications.

BNM Expected To Keep OPR At 3.0 Pct In 2025 - Banks

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. 

CPO Futures Rally Above RM4,900 On Stronger Export Pace

By Danni Haizal Danial Donald

KUALA LUMPUR, Nov 6 (Bernama) -- Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended higher on Wednesday as price rallied above RM4,900 per tonne for January 2025 benchmark contract, a trader said.

Malaysia's Smart City Framework Yielding Impactful Results - Gobind 

BARCELONA, Nov 6 (Bernama) -- Malaysia's Smart City Framework, which aims to bring local cities up to global smart city standards, is generating impactful results, as evidenced by Kuala Lumpur's impressive leap of 16 spots in the latest Institute for Management Development (IMD) Smart City Index.