By Durratul Ain Ahmad Fuad
KUALA LUMPUR, May 19 (Bernama) -- The ringgit ended higher against the US dollar today, supported by a weaker US Dollar Index (DXY) which fell 0.71 per cent to 100.376 following a downgrade of the United States government's sovereign credit rating.
KUALA LUMPUR, May 19 (Bernama) -- The 2025 Vietnam ESG Investor Conference recently concluded with over 500 attendees, including investors, government officials, business leaders, small and medium enterprises (SMEs), multinationals, academics, and media, gathering to explore trade, investment, and sustainable growth.
GEORGE TOWN, May 19 (Bernama) -- Penang, through its state investment agency InvestPenang, is actively conducting investment and trade missions to foreign countries to reduce the impact of the United States (US) tariff hike on the state's economy.
KUALA LUMPUR, May 19 (Bernama) -- Affin Bank Bhd’s net profit for the first quarter ended March 31, 2025 (1Q 2025) rose to RM124.09 million and revenue jumped to RM543.93 million compared with the same quarter last year.
KUALA LUMPUR, May 17 (Bernama) -- Malaysia’s economic growth of 4.4 per cent in the first quarter of 2025 (1Q 2025) is a positive indicator of resilience and broadly reflects the stable business environment experienced by members of the American Malaysian Chamber of Commerce (AMCHAM).
From Muhammad Muzammil Abdullah
JEJU (South Korea), May 17 (Bernama) -- Malaysia today reiterated its commitment to fostering a resilient, inclusive, and future-ready trade environment during the 31st Asia-Pacific Economic Cooperation (APEC) Ministers Responsible for Trade (MRT) Meeting, which just concluded in Jeju, South Korea.
By Anas Abu Hassan
KUALA LUMPUR, May 17 (Bernama) -- Bursa Malaysia is expected to see some volatile trading next week, albeit market optimism is supported by improving global sentiment, a dealer said.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, May 17 (Bernama) -- The Malaysian rubber market is expected to track the performance of regional rubber futures markets, the strength of the ringgit against the United States (US) dollar, and benchmark crude oil prices, said a dealer.
From Sharifah Hunaini Syed Ismail
KAZAN (Tatarstan) May 17 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said today that Malaysia’s growing ties with Russia should not be seen as a zero-sum game, stressing that as an open trading nation, it is vital for the country to expand partnerships broadly to protect its economic interests.
KUALA LUMPUR, May 16 (Bernama) -- A rousing performance across key economic sectors lifted Malaysia’s gross domestic product (GDP) by 4.4 per cent in the first quarter of 2025 (1Q 2025), in line with the GDP advance estimates and higher than the 4.2 per cent growth recorded in 1Q 2024.
KUALA LUMPUR, May 16 (Bernama) -- RHB Investment Bank Bhd (RHBIB) expects two or fewer United States (US) Federal Fund Rate (FFR) cuts in September and December this year against its previous base case for three.
KUALA LUMPUR, May 16 (Bernama) — Bank Negara Malaysia (BNM) acknowledges the need to revise the gross domestic product (GDP) growth forecast for 2025 amid the global economic uncertainty, but prefers to avoid making revisions based on assumptions, said BNM governor Datuk Seri Abdul Rasheed Ghaffour.
