World Bank Sees Malaysia’s 2025 GDP Growth At 3.9 Pct

KUALA LUMPUR, April 25 (Bernama) -- The World Bank has projected Malaysia’s gross domestic product (GDP) growth rate for this year at 3.9 per cent, citing global challenges.

Ringgit Opens Marginally Higher As US Dollar Weakens On Fed Rate Cut Hopes

KUALA LUMPUR, April 25 (Bernama) -- The ringgit opened marginally higher against the US dollar on Friday, as the greenback reacted to growing prospects of a lower US Federal Reserve interest rate.

CPO Futures End Marginally Lower On Concerns Over Rising Output

By Rosemarie Khoo

KUALA LUMPUR, April 24 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed marginally lower today due to concerns over rising output in the coming weeks, said palm oil trader David Ng. 

ASEAN, Led By Malaysia, Presents Market Diversification For EFTA - Swiss Delegation Head

KUALA LUMPUR, April 24 (Bernama) -- The Association of Southeast Asian Nations (ASEAN), particularly Malaysia, provides market diversification opportunities for the European Free Trade Association (EFTA) to expand its trade outreach, said Head of the Swiss Delegation, Thomas Aeschi.

Ringgit Rises Against US Dollar, Other Major Currencies At Close

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, April 24 (Bernama) -- The ringgit closed stronger against the US dollar on weaker greenback demand, amid a decline in investor confidence due to ongoing US-China trade tensions and a lack of progress in negotiations.

MAHB LTW 2024 Campaign Records Over RM200 Mln In Sales

KUALA LUMPUR, April 24 (Bernama) -- Malaysia Airports Holdings Bhd’s (MAHB) Licence to Win (LTW) 2024 campaign has recorded over RM200 million in total sales receipts.

Audi Begins Assembly Of Audi Q7 SUV In Pekan, Pahang

PEKAN, April 24 (Bernama) -- Audi has started assembling its first SUV in Southeast Asia at its Pekan plant in Pahang, the group’s only Audi production facility in the region, a statement said.

Neutral Stance On Banking Sector Even As Earnings Moderate -- AmInvestment Bank

KUALA LUMPUR, April 24 (Bernama) -- AmInvestment Bank Bhd has maintained a neutral view on the banking sector, expecting earnings to moderate due to lower net interest margin (NIM), investment and trading challenges, and potential credit cost increases.

Ringgit Opens Easier As Market Anticipates Softer US Tariff Stance

KUALA LUMPUR, April 24 (Bernama) -- The ringgit opened lower against the US dollar on Thursday, tracking gains in the US dollar index (DXY), as markets responded to signs that President Donald Trump may be softening his stance on tariff policy.

Ringgit Ends Marginally Lower Against US Dollar, Up Vs Major Currencies

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, April 23 (Bernama) -- The ringgit ended marginally lower against the US dollar on Wednesday as the greenback strengthened on the back of renewed optimism surrounding US-China trade talks, said an economist.

IMF Cuts Malaysia 2025 GDP To 4.1 Pct On Regional Slowdown

KUALA LUMPUR, April 23 (Bernama) -- The International Monetary Fund has downgraded Malaysia’s real gross domestic product (GDP) growth forecast for 2025 to 4.1 per cent, from 4.7 per cent previously, reflecting a broader downward revision across the region.

Sidra Capital Unveils Shariah-Compliant Fund For Australian Mining And Energy

KUALA LUMPUR, April 23 (Bernama) -- Sidra Capital, a global manager of Shariah-compliant alternative investments, has launched an Australian private credit investment fund focusing on the mining and energy sector in the country.