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Malaysia's GDP To Moderate At 4.0 Pct In 2025 - MIDF Amanah

KUALA LUMPUR, May 2 (Bernama) -- MIDF Amanah Investment Bank Bhd expects Malaysia’s gross domestic product (GDP) to grow at a moderate rate of 4.0 per cent in 2025, compared to 5.1 per cent in 2024.

Ringgit Strengthens vs US Dollar At Close

By Anas Abu Hassan

KUALA LUMPUR, May 2 (Bernama) -- The ringgit extended its gains to end the week stronger against the US dollar today amid renewed optimism on global trade, an analyst said.

Rubber Market Closes Lower On Stronger Ringgit, Mixed Regional Cues

KUALA LUMPUR, May 2 (Bernama) -- The Malaysian rubber market closed lower today, weighed down by a mixed performance in the regional rubber futures markets and a stronger ringgit against the US dollar, said a dealer. 

Perma-Pipe FY24 Sales Up, Backlog Doubles To US$138 Mln

KUALA LUMPUR, May 2 (Bernama) -- Perma-Pipe International Holdings Inc reported full-year net income of US$9.0 million for fiscal 2024 (FY24), down from US$10.5 million a year earlier due to the absence of a one-time US$5.9 million non-cash tax benefit recognised in 2023. (US$1=RM4.31)

East Coast Energy 2025 To Position Terengganu As Transition Hub

KUALA LUMPUR, May 2 (Bernama) -- The inaugural East Coast Energy (ECE) 2025, an energy transition summit for Malaysia’s east coast region, will serve to position Terengganu as a future-ready hub for energy transition.

US Tariff Hikes Have Limited Global GDP Impact Outside APAC, Says S&P Global Ratings

KUALA LUMPUR, May 2 (Bernama) -- Global economic growth remains resilient despite the recent United States (US) tariff hike, with limited gross domestic product (GDP) impact outside the Asia-Pacific (APAC) region, S&P Global Ratings said.

Muted Start For Bursa Despite Wall Street Rally

KUALA LUMPUR, May 2 (Bernama) -- Bursa Malaysia opened lower on Friday, as investors returned from the holiday with slightly muted appetite, shrugging off overnight gains on Wall Street fuelled by strong earnings from Microsoft and Meta.

PM Anwar Displays Astute Political Acumen As ASEAN Chair In Navigating Unexpected Challenges Confronting Region

KUALA LUMPUR, May 1 (Bernama) – Prime Minister Datuk Seri Anwar Ibrahim has displayed acute political acumen as chair of ASEAN in navigating challenges confronting the region, some of which no one would have guessed when he received the baton of the ASEAN chairmanship from Laos in October last year. 

MDV Powers Malaysia’s Tech Innovation With More Than RM13 Bln Financing, Drives Green, Digital Future

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, April 30 (Bernama) -- Malaysia Debt Ventures Bhd (MDV) has emerged as a key enabler of the nation’s innovation and digital transformation agenda, with more than RM13 billion channelled into over 1,000 high-impact, technology-driven projects.

WTK Holdings Disposes Logging Unit For RM23.5 Mln

KUALA LUMPUR, April 30 (Bernama) -- WTK Holdings Bhd today entered into a sale and purchase share agreement with Huang Qian Wen to sell its 100 per cent stake in Song Logging Company Sdn Bhd (SLCSB) for RM23.5 million.

BNM: Headline Inflation Eases To 1.4 Pct, Core Holds In March

KUALA LUMPUR, April 30 (Bernama) -- Malaysia’s headline inflation moderated to 1.4 per cent in March 2025, down from 1.5 per cent in February, while core inflation held steady at 1.9 per cent, Bank Negara Malaysia (BNM) said.

Malaysian Rubber Market Ends Mixed Ahead Of Labour Day Holiday

KUALA LUMPUR, April 30 (Bernama) -- The Malaysian rubber market closed mixed today in tandem with regional rubber futures markets, said a dealer.