1y ago
KUALA LUMPUR, Jan 15 (Bernama) -- Malaysia consistently has new opportunities to strengthen its external trade relationships to mitigate the adverse effects of US trade barriers, according to the KSI Strategic Institute for Asia Pacific.
1y ago
KUALA LUMPUR, Jan 14 (Bernama) -- BMI, a Fitch Solutions company, projected Malaysia’s economy to be resilient in 2024, with a real gross domestic product (GDP) growth forecast of 5.0 per cent, supported by robust investment and resilient consumption.
1y ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Jan 14 (Bernama) -- Bursa Malaysia failed to sustain the buying momentum seen most of the day to end at an intraday low on late selling of selected utilities and plantation heavyweight counters, amid a mixed performance in regional peers.
1y ago
By Siti Radziah Hamzah
KUALA LUMPUR, Jan 13 (Bernama) -- The ringgit ended easier against the US dollar on Monday amidst cautious market sentiments following sturdy United States (US) nonfarm payrolls (NFP) for December 2024.
1y ago
KUALA LUMPUR, Jan 9 (Bernama) -- As the 2025 ASEAN chair Malaysia will focus on leveraging the Regional Comprehensive Economic Partnership (RCEP), the world’s largest trade agreement now in force.
1y ago
By Siti Noor Afera Abu
KUALA LUMPUR, Jan 9 (Bernama) -- The FBM KLCI extended its decline for a second consecutive day, as investor sentiment remained pressured by rising external risks, particularly weak economic growth in China and stronger-than-expected US economic data.
1y ago
KUALA LUMPUR, Jan 9 (Bernama) -- The ringgit opened flat against the strengthening US dollar on Thursday amid rising demand for the greenback following the release of the US Federal Reserve (Fed) minutes, said an analyst.
1y ago
KUALA LUMPUR, Jan 8 (Bernama) -- Malaysia’s economy is poised for steady growth this year, driven by strong domestic demand, robust investment activities and growth in exports and tourism despite potential global uncertainties, according to the Federation of Malaysian Manufacturers (FMM).
1y ago
KUALA LUMPUR, Jan 8 (Bernama) -- The Malaysian economy is expected to maintain a sustainable growth rate of 5.0 per cent in 2025 from an estimated 4.9 per cent in 2024, supported by a stable labour market condition, conducive fiscal and monetary policies amid lingering external uncertainties, said an economist.
1y ago
KUALA LUMPUR, Jan 8 (Bernama) -- The ringgit opened flat against the US dollar but rose versus other major currencies amid rising greenback demand, following the release of key United States (US) economic data yesterday, said an analyst.
1y ago
KUALA LUMPUR, Jan 7 (Bernama) -- The World Economic Forum (WEF) expects more focus on tariffs and industry policies during the second term of Donald Trump’s presidency.
1y ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Jan 7 (Bernama) -- The local rubber market continued to close lower on Tuesday, influenced by the downtrend in regional rubber futures markets and losses in benchmark crude oil prices, said a dealer.