KUALA LUMPUR, Oct 3 (Bernama) -- The ASEAN+3 Macroeconomic Research Office (AMRO) has pared down its 2024 economic growth forecast for the region to 4.2 per cent, down from 4.4 per cent in July, largely driven by revised growth projections for China and Vietnam.
By Zarul Effendi Razali
KUALA LUMPUR, Oct 3 (Bernama) -- Bursa Malaysia ended the morning session lower today, mirroring most of the regional markets, as sentiment remained cautious due to the Middle East tensions, said an analyst.
KUALA LUMPUR, Oct 3 (Bernama) -- Malaysia's strong economic fundamentals are among the factors supporting the ringgit's growth, even during times of currency weakness, said Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour.
KUALA LUMPUR, Oct 3 (Bernama) -- Malaysia’s Producer Price Index (PPI) decreased by 1.9 per cent in 2023 (2022: 7.8 per cent), mainly due to the contraction in the agriculture, forestry fishing (-13.8 per cent), according to the Department of Statistics Malaysia (DoSM).
SERDANG, Oct 3 (Bernama) -- Universiti Putra Malaysia (UPM) and semiconductor giant NXP Malaysia have entered a strategic partnership to boost the growth of Malaysia’s semiconductor and electronics industry.
KUALA LUMPUR, Oct 3 (Bernama) -- OCBC Global Market Research sees Malaysia meeting its fiscal deficit target of 4.3 per cent of gross domestic product (GDP) this year and expects the government to target an even narrower deficit of between 3.5 and 3.8 per cent in 2025.
KUALA LUMPUR, Oct 3 (Bernama) -- Malaysian exhibitors at the 21st China-ASEAN Expo (CAEXPO) in Nanning, China, last week performed beyond expectations, generating total sales of RM402.88 million-well above the RM320 million target set for the event.
KUALA LUMPUR, Oct 3 (Bernama) -- Sunway Bhd shares on Bursa Malaysia went up in the early session today after it announced plans to buy a 7.11-hectare (ha) prime land in Cheras for RM320 million, earmarking it for mixed-use development.
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Oct 3 (Bernama) -- Budget 2025 should include more robust and flexible policies aimed at enhancing solar adoption, both for businesses and homeowners, according to Plus Xnergy Holdings Sdn Bhd.
By Siti Noor Afera Abu
KUALA LUMPUR, Oct 3 (Bernama) -- The government needs to aid the growth of local companies by supporting technology acquisition and providing funding, which will help transform Malaysia into a global leader in the semiconductor and electrical and electronics (E&E) sector.
KUALA LUMPUR, Oct 3 (Bernama) -- The hotel industry is calling on the government to address persistently low room rates and rising operational costs for the upcoming Budget 2025 to be tabled on Oct 18.
KUALA LUMPUR, Oct 3 (Bernama) -- TNG Digital Sdn Bhd, operator of TNG eWallet, has urged the government to extend the sales and services tax (SST) exemption on digital services in Budget 2025.
