1y ago
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.
1y ago
By Zarul Effendi Razali
KUALA LUMPUR, Oct 2 (Bernama) -- Bursa Malaysia retreated from yesterday's gain to close lower today in line with regional bourses as emerging concerns over the Middle East prompted selling activities across the board, an analyst said.
1y ago
PUTRAJAYA, Oct 2 (Bernama) -- The affirmative action taken by Prime Minister Datuk Seri Anwar Ibrahim’s administration to protect Bumiputera interests is a positive step, according to Indonesia’s former Economic Minister Chairul Tanjung.
1y ago
KUALA LUMPUR, Oct 2 (Bernama) -- Oracle today announced that it plans to invest more than US$6.5 billion (US$1 = RM4.15) to open a public cloud region in Malaysia to meet the rapidly growing demand for its artificial intelligence (AI) and cloud services here.
1y ago
PUTRAJAYA, Oct 1 (Bernama) -- The government views third sector organisations in Islamic finance, including zakat (tithe), waqf, and infaq institutions, as having a significant role in ensuring sustainable and equitable economic development in the country, said Deputy Prime Minister Datuk Seri Fadillah Yusof.
1y ago
KUALA LUMPUR, Oct 1 (Bernama) -- Consumer counters are poised to benefit from lower costs of raw material imports and improved margins as the ringgit continues to strengthen, according to Bursa Malaysia Bhd.
1y ago
KUALA LUMPUR, Oct 1 (Bernama) -- Finance and accountancy professionals must confront wage inequality and take a leading role in promoting sustainable business practices, according to a report published by ACCA Global, Shift, and Forvis Mazars.
1y ago
KUALA LUMPUR, Sept 30 (Bernama) -- SCHOTT Glass Malaysia Sdn Bhd’s new state-of-the-art production facility in Kulim, Kedah, further solidifies Malaysia’s position as a global manufacturing hub for high-end specialty glass solutions, according to the Malaysian Investment Development Authority (MIDA).
1y ago
KUALA LUMPUR, Sept 30 (Bernama) -- The Malaysian ringgit closed marginally higher on Monday but still hit a new 39-month high against the greenback on continued expectation of another cut in US interest rates after the latest inflation data there.
1y ago
JAKARTA, Sept 30 (Bernama) -- The Federal Land Development Authority (Felda) is poised to connect Malaysian companies, particularly its business units, with firms in the Indonesian Chamber of Entrepreneurs (KEIND) to explore new opportunities in both countries and internationally.
1y ago
By Zarul Effendi Razali
KUALA LUMPUR, Sept 29 (Bernama) -- An economist hopes the government will announce initiatives to improve Malaysia’s international trade policies, especially within the ASEAN region, when tabling Budget 2025 as part of the efforts to spur further economic growth.
1y ago
VIENTIANE (LAOS), Sept 28 (Bernama) -- As the host of the ASEAN Summit 2025, Malaysia is committed to ensuring that the ASEAN Power Grid (APG) strategic initiative can be finalised by next year for the benefit of the region.