Johor's Revenue Hits RM2.1 Bln In 2024, Highest Recorded -- Onn Hafiz

ISKANDAR PUTERI, Jan 16 (Bernama) -- Johor recorded a revenue collection of RM2.1 billion last year, the highest ever recorded, said Johor Chief Minister Datuk Onn Hafiz Ghazi.

FBM KLCI To Test 1,730 Level This Year - Rakuten Trade

KUALA LUMPUR, Jan 16 (Bernama) -- Rakuten Trade Sdn Bhd anticipates the FTSE Bursa Malaysia KLCI (FBM KLCI) to test the 1,730 level this year, based on 16 times price-earnings ratio on 2025 earnings growth. 

Ringgit Opens Slightly Higher Vs USD

KUALA LUMPUR, Jan 16 (Bernama) -- The ringgit opened slightly higher against the US dollar today amidst tepid investor sentiment, as the United States (US) economic data came in slightly better than expected.

Gold Futures Close Higher

KUALA LUMPUR, Jan 15 (Bernama) -- Gold futures contract on Bursa Malaysia Derivatives ended higher on Wednesday ahead of a key US inflation report later today, said a dealer.

Petros and Sarawak Commit to Collaborate with Federal Government and Petronas for Smooth Execution

KUCHING, Jan 15 (Bernama) -- Sarawak Premier Tan Sri Abang Johari Tun Openg has expressed his appreciation to Prime Minister Datuk Seri Anwar Ibrahim for recognising Petroleum Sarawak Bhd (Petros) as the sole gas aggregator in Sarawak.

Bursa Malaysia Ends Morning Session Weaker On Continued Selling

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Jan 15 (Bernama) -- Bursa Malaysia ended the midday session lower as decliners surged past gainers amid weak market sentiment and persistent selling in index-linked counters.

WEF Annual Meeting 2025 Calls For Collaboration In The Intelligent Age

KUALA LUMPUR, Jan 15 (Bernama) -- The upcoming World Economic Forum (WEF) Annual Meeting 2025 in Davos, Switzerland, is envisioned to foster a spirit of cooperation and constructive optimism with the objective of shaping the forthcoming Intelligent Age more sustainably and inclusively.

Global Uncertainties Push Ringgit To Open Higher Against US Dollar

KUALA LUMPUR, Jan 15 (Bernama) -- The ringgit opened slightly higher against the US dollar in early trade as the dollar retreated, sparked by a report hinting at gradual tariff implementations and data showing an unexpected dip in US wholesale inflation, said an analyst.

Anwar Confident Petronas-Petros Gas Issue Resolved

From Kamarul Ariffin Md Yassin

ABU DHABI, Jan 14 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said he believed issues related to Petroliam Nasional Bhd (Petronas) and Petroleum Sarawak Bhd (Petros) regarding gas distribution rights in Sarawak had been resolved through a series of negotiations, including his meeting with Sarawak Premier Tan Sri Abang Johari Tun Openg.

BMI Expects Malaysia’s Economy To Be Resilient In 2024 At 5.0 Pct

KUALA LUMPUR, Jan 14 (Bernama) -- BMI, a Fitch Solutions company, projected Malaysia’s economy to be resilient in 2024, with a real gross domestic product (GDP) growth forecast of 5.0 per cent, supported by robust investment and resilient consumption. 

Maybank IB Projects 4.9 Pct GDP Growth, 3.0 Pct Inflation Rate In 2025

KUALA LUMPUR, Jan 14 (Bernama) -- Maybank Investment Bank Bhd (Maybank IB) has reiterated its projection of a 4.9 per cent growth for the Malaysian economy in 2025 and an inflation rate of 3.0 per cent for the year. 

Ringgit Steadies Around 4.50-level Against US Dollar

By Siti Radziah Hamzah

KUALA LUMPUR, Jan 14 (Bernama) -- The ringgit steadied at around 4.50-level against the US dollar at the close today as market participants await the US Producer Price Index report later today.