Bursa Malaysia Opens Slightly Higher But Turns Lower Thereafter

KUALA LUMPUR, Feb 17 (Bernama) -- Bursa Malaysia opened slightly higher but turned lower thereafter, weighed by cautious sentiment following mixed Wall Street’s Friday performance.

FMM, ASEAN BAC Malaysia Share 12 Initiatives For ASEAN Chair With Over 40 Businesses

KUALA LUMPUR, Feb 15 (Bernama) — The Federation of Malaysian Manufacturers (FMM) today hosted the ASEAN Business Advisory Council (ASEAN-BAC) Malaysia briefing to share 12 key initiatives for Malaysia’s ASEAN chairmanship year with over 40 business organisations.

Thai PM: Economic Corridor Crucial To US$30 Bln Trade Target With Malaysia

KUALA LUMPUR, Feb 15 (Bernama) -- Thailand and Malaysia are accelerating efforts to unlock the full potential of cross-border trade and investment, aiming to establish a thriving economic corridor along their shared border.

5.1 Pct GDP Growth In 2024 Reflects MADANI Govt's Determination To Boost Economy

KUALA LUMPUR, Feb 14 (Bernama) -- The 5.1 per cent gross domestic product (GDP) growth achieved in 2024, which exceeds the initial official forecast of four to five per cent, reflects the MADANI government’s confidence and determination to turn around the Malaysian economy, said the Ministry of Finance (MoF).

Bursa Malaysia Reprimands Waja Konsortium, Fines Two Directors RM100,000 Each

KUALA LUMPUR, Feb 14 (Bernama) -- Bursa Malaysia Securities Bhd has publicly reprimanded Waja Konsortium Bhd and two of its director, Peh Lian Hwa and Peh Jia Yau, as well as imposed a fine of RM100,000 on each director.

Late Buying In Banks Helps Bursa Malaysia To End With Modest Loss

KUALA LUMPUR, Feb 14 (Bernama) -- Bursa Malaysia pared most of its losses to close marginally lower today, supported by late buying in banks after heavy selling in CelcomDigi earlier, amid continued weak market sentiment due to the US trade policies.

RHB Maintains Malaysia’s 2025 GDP Growth Forecast At 5.0 Pct

KUALA LUMPUR, Feb 14 (Bernama) -- RHB Investment Bank Bhd (RHB IB) has maintained its forecast for Malaysia's gross domestic product (GDP) growth at 5.0 per cent in 2025, driven by ongoing multi-year projects, rising household incomes, and improving global monetary conditions.  

Malaysia’s 5.1 Pct GDP Growth In 2024 Demonstrates Resilience Amid Global Uncertainties - Economist

By Siti Noor Afera Abu

KUALA LUMPUR, Feb 14 (Bernama) -- Malaysia’s fourth-quarter 2024 gross domestic product (GDP) growth of 5.0 per cent, leading to a full-year expansion of 5.1 per cent, reflects a strategically resilient economy leveraging domestic strengths amid global uncertainties, according to AmBank Group.

Perak Corp Signs Supplemental Agreement To Amend JDA With Urbax

KUALA LUMPUR, Feb 14 (Bernama) -- Perak Corporation Bhd (Perak Corp) has signed a Supplemental Agreement with Urbax Properties Sdn Bhd to amend the terms of their Joint Development Agreement (JDA) dated June 7, 2024.

Malaysia’s Economy Grows 5.1 Pct in 2024, In Line With Govt's Target

KUALA LUMPUR, Feb 14 (Bernama) -- The Malaysian economy grew by 5.1 per cent in 2024, up from 3.6 per cent in 2023, aligning with the government’s target of 4.8 per cent to 5.3 per cent year-on-year.

Bursa Malaysia Stages Mild Rebound

By NurulJannah Kamaruddin

KUALA LUMPUR, Feb 14 (Bernama) -- Bursa Malaysia rebounded slightly after shrinking in the previous session mirroring Wall Street’s recovery, but sentiment remains weak due to uncertainties over US inflationary pressures.

Three Long-term Plans For JS-SEZ To Mitigate Traffic Congestion - Economy Ministry

KUALA LUMPUR, Feb 14 (Bernama) — The government has outlined three long-term plans to mitigate potential traffic congestion that may result from the Johor-Singapore Special Economic Zone (JS-SEZ) development, according to the Economy Ministry.