1y ago
By Siti Noor Afera Abu
KUALA LUMPUR, March 12 (Bernama) -- Bursa Malaysia stayed lower at midday on selling pressure in selected financial services and plantation stocks, as United States (US) equities continued to face volatility due to fresh recessionary concerns.
1y ago
KUALA LUMPUR, March 12 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) expects the domestic logistics sector to sustain steady growth in 2025, driven by the expanding e-commerce industry, the global technology upcycle fuelled by artificial intelligence (AI) demand, and a resilient United States (US) economy.
1y ago
KUALA LUMPUR, March 12 (Bernama) -- Malaysia will continue to strengthen the semiconductor supply chain together with ASEAN member countries, in line with its ASEAN chairmanship this year, said Deputy Investment, Trade and Industry Minister Liew Chin Tong.
1y ago
KUALA LUMPUR, March 12 (Bernama) -- Bursa Malaysia extended losses at Wednesday’s opening, tracking overnight declines on Wall Street and regional markets as global economic uncertainties dampened investor sentiment.
1y ago
By Rohani Mohd Ibrahim
KUALA LUMPUR, March 11 (Bernama) -- The European Union (EU) expects the first round of negotiations on resuming the Malaysia-European Union Free Trade Agreement (MEUFTA) to take place before the summer or second half of 2025, said European External Action Service managing director for Asia and the Pacific Niclas Kvarnström.
1y ago
KUALA LUMPUR, March 11 (Bernama) -- ASEAN should optimise the utilisation of the Regional Comprehensive Economic Partnership (RCEP) and the upgraded ASEAN+1 Free Trade Agreements (FTAs) to mitigate the risks of economic uncertainty following the imposition of US tariffs on Canada, Mexico and China.
1y ago
KUALA LUMPUR, March 10 (Bernama) -- The government will intensify efforts to ensure that Malaysia continues to be recognised as a reliable investment destination and trade partner for foreign investors from around the world, said the Ministry of Investment, Trade and Industry (MITI).
1y ago
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, March 8 (Bernama) -- The Malaysian rubber market is expected to trade slightly lower next week amid sluggish demand, as production is anticipated to decline following the ongoing wintering of rubber trees, said industry expert Denis Low.
1y ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, March 7 (Bernama) -- Bursa Malaysia ended lower today tracking the weaker regional market performance.
1y ago
KUALA LUMPUR, March 7 (Bernama) -- Malaysian banks will likely see moderate profit growth this year, underpinned by steady loan expansion and still-benign loan provisioning expenses.
1y ago
By Kisho Kumari Sucedaram
KUALA LUMPUR, March 7 (Bernama) -- The ringgit opened higher against the US dollar for the fifth consecutive day as uncertainties over US tariff policies prompted traders and investors to steer clear of riskier assets, an analyst said.
1y ago
By Harizah Hanim Mohamed
KUALA LUMPUR, March 6 (Bernama) -- Bank Negara Malaysia’s (BNM) decision to maintain the Overnight Policy Rate (OPR) at 3.00 per cent reflected a strategic calibration of monetary policy that allows the central bank flexibility amid evolving global and domestic economic conditions.