1y ago
By Anas Abu Hassan
KUALA LUMPUR, Nov 16 (Bernama) -- The ringgit is expected to trade within a tight range next week following the US dollar’s recent rally amid anticipation of slower United States (US) interest rate cuts, according to Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid.
1y ago
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Nov 16 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade sideways next week amid uncertainty over the fresh demand from the destination markets.
1y ago
KUALA LUMPUR, Nov 15 (Bernama) -- The decision by several international institutions to revise Malaysia's economic growth projections reflects their confidence in the country's prospects for the year, said Investment, Trade and Industry (MITI) Minister Tengku Datuk Seri Zafrul Abdul Aziz.
1y ago
KUALA LUMPUR, Nov 15 (Bernama) -- Despite the absence of mega project developments in Budget 2025, existing mega projects will continue to support Malaysia's economic growth next year, said Bank Negara Malaysia governor Datuk Seri Abdul Rasheed Ghaffour.
1y ago
By Zufazlin Baharuddin
KUALA LUMPUR, Nov 15 (Bernama) -- Bursa Malaysia pared earlier gains to head into the midday break lower, with selling pressure seen across the board despite the release of positive third-quarter gross domestic product (GDP) figures released at noon.
1y ago
KUALA LUMPUR, Nov 15 -- The Malaysian economy expanded by 5.3 per cent in the third quarter of 2024 (3Q 2024), driven by strong investment activities and continued improvement in exports.
1y ago
KUALA LUMPUR, Nov 14 (Bernama) -- Glide Technology Sdn Bhd expects to rake in RM30 million in sales for the next five years during the commercialisation of the Malaysian Palm Oil Board (MPOB)-Glide palm oil ester-based transformer oil.
1y ago
BANGI, Nov 14 (Bernama) -- Projected changes in the United States' (US) trade policy are not expected to significantly impact the country's palm oil sector following Donald Trump's victory in the recent US presidential election, the Malaysian Palm Oil Board (MPOB) said today.
1y ago
KUALA LUMPUR, Nov 14 (Bernama) -- Malaysian small and medium enterprises (SMEs) are using digital solutions to navigate market disruptions and expand their reach, according to market observers.
1y ago
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Nov 13 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower on Wednesday, reversing recent gains as a slowdown in exports weighed on prices, a dealer said.
1y ago
From Nashir Mansor
CAIRO, Nov 12 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) through its agency the Malaysian Investment Development Authority (MIDA) has identified 12 leading Egyptian manufacturing companies interested in exploring investment opportunities in Malaysia.
1y ago
From M. Saraswathi
LIMA (Peru), Nov 12 (Bernama) -- Economic and geopolitical factors are slowing growth in the Asia Pacific Economic Cooperation (APEC) region, which consists of 21 member economies, according to the APEC Regional Trends Analysis report.