Gold Is On Fire; Will The Price Hit US$5,000 By Year-end?

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, March 23 (Bernama) -- Gold price is on fire! The precious metal continues to defy expectations, repeatedly smashing record highs as investors seek refuge from global economic turbulence.

BNPL And Debt: Between Convenience And Concern

PUTRAJAYA, March 23 (Bernama) -- Consumers’ ability to repay debt from 'Buy Now, Pay Later' (BNPL) facilities is increasingly a concern, especially with the significant growth in BNPL transactions in Malaysia, thus raising concerns about the risks of high indebtedness and the importance of financial literacy.

MITI Plays Crucial Role In Driving Malaysia's Economic Resilience -- Tengku Zafrul

KUALA LUMPUR, March 22 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) plays a crucial role in enhancing Malaysia’s economic resilience in an increasingly challenging world, said its Minister, Tengku Datuk Seri Zafrul Abdul Aziz.

ASEAN, Including Malaysia, Benefits From China's Supply Chain Diversification - Moody's

KUALA LUMPUR, March 21 (Bernama) -- ASEAN economies, particularly Vietnam, Malaysia, and India, have benefited from China's supply chain diversification, primarily in textiles and electronics, according to Moody's Ratings.

Boeing To Increase Malaysian Workforce By 20 Pct As Part Of Expanded Partnership With MAG

PUTRAJAYA, March 21 (Bernama) -- Boeing Global president Brendan Nelson has announced that the company will increase its Malaysian workforce by 20 per cent over the next two years, reinforcing its commitment to the country’s aerospace industry.

Lower Transportation, Regasification Tariffs Increase Competitiveness Of Gas Players -- MIDF Amanah

KUALA LUMPUR, March 21 (Bernama) -- MIDF Amanah Investment Bank Bhd said the reduced tariffs for transportation and regasification could increase the competitiveness of gas players, boosting export revenues and stimulating economic activity throughout the year.

MAG's Order Of New Aircraft Reaffirms Its Commitment To Growth -- PM Anwar

PUTRAJAYA, March 21 (Bernama) -- Malaysia Aviation Group (MAG) has placed a firm order for 30 Boeing 737 aircraft, comprising 18 Boeing 737-8 and 12 Boeing 737-10 models and powered by CFM LEAP-1B engines, said Prime Minister Datuk Seri Anwar Ibrahim.

Tabung Haji Maintains Prudent Investment Approach Amid Global Economic Uncertainty - CEO

KUALA LUMPUR, March 21 (Bernama) -- Lembaga Tabung Haji (TH) will continue to manage its investment portfolio prudently to ensure capital preservation and sustainable dividend returns despite global economic challenges in 2025.

RAM Ratings Maintains Stable Outlook On Malaysian Banking Sector For 2025

KUALA LUMPUR, March 21 (Bernama) -- RAM Rating Services Bhd (RAM Ratings) has maintained a stable outlook on the Malaysian banking sector in 2025 despite external pressure.

MOT Drafts Action Plan To Reduce Greenhouse Gas Emissions From Ships, Ports

KUALA LUMPUR, March 20 (Bernama) -- The Transport Ministry (MOT) is drafting the national action plan on reduction of greenhouse gas emission from ships and ports to strengthen efforts in decarbonising the maritime sector.

Top Glove On Track To Achieve 43 Bln Sales Volume Target By End Of FY2025

KUALA LUMPUR, March 20 (Bernama) -- Top Glove Corporation Bhd is on track to achieve its sales volume target of 43 billion pieces of gloves by the end of the financial year ending Aug 31, 2025 (FY2025), driven by increasing orders and improved operational efficiency.

Practise Of Setting Up, Maintaining Unprofitable Companies Must End -- PM Anwar

KUALA LUMPUR, March 20 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said the culture of establishing companies and maintaining unprofitable companies must stop immediately.