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US Tariffs Expected To Have Direct Impact On Malaysia's GDP -- Tengku Zafrul

KUALA LUMPUR, April 7 (Bernama) -- The implementation of tariffs by the United States (US) is expected to have a direct impact on Malaysia’s gross domestic product (GDP), thus presenting challenges to the country's economic growth for this year and possibly for years to come.

Japan Insurers Seek Growth Abroad As Domestic Market Shrinks - AM Best

KUALA LUMPUR, April 7 (Bernama) -- Japanese insurance companies are increasingly seeking growth overseas as the domestic market faces constraints due to an ageing and shrinking population, according to a new commentary by AM Best.

Malaysia Should Not Panic, Rush Into Decisions Over US Tariffs – Amir Hamzah

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, April 6 (Bernama) -- Malaysia should not panic or rush into decisions regarding the impact of the 24 per cent reciprocal tariff imposed by the United States (US) on Malaysian goods, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Growing Concerns Of Recession On Revised GDP In Major Economies, US

By Siti Radziah Hamzah

KUALA LUMPUR, April 6 (Bernama) -- Concerns about a global recession are growing, driven by recent revisions to the gross domestic product (GDP) for the United States (US), Europe, and China, along with Donald Trump’s announcement on Thursday of new reciprocal tariff plans.

Ringgit Depreciates Against Us Dollar Ahead Of US Tariff Announcement

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, April 2 (Bernama) -- The ringgit depreciated against the US dollar at the close today as traders and investors are concerned about the reciprocal tariff announcement by the United States (US) government later today, said an analyst.

Palm Oil Prices To Stabilise In Near Term Amid Rising Demand From India - MPOC

KUALA LUMPUR, April 2 (Bernama) -- Palm oil prices are expected to stabilise in the near term, driven by a recovery in production and demand from key importing markets such as India, according to the Malaysian Palm Oil Council (MPOC).

BNM: Economic Reforms Key To Strengthening Ringgit

KUALA LUMPUR, March 24 (Bernama) -- Bank Negara Malaysia (BNM) emphasised that structural reforms and policies must take precedence over excessive reliance on international reserves to manage currency fluctuations.

BNM To Ensure Monetary Stability Amid Global Challenges

KUALA LUMPUR, March 24 (Bernama) – Bank Negara Malaysia (BNM) will remain steadfast in ensuring monetary stability to support sustainable economic growth in the long term.

BNM: Inflation Likely To Trend At Manageable Level Of 2.0-3.5 Percent In 2025

KUALA LUMPUR, March 24 (Bernama) -- Inflation is expected to trend higher between 2.0 per cent to 3.5 per cent this year compared to an average of 1.8 per cent in 2024, according to Bank Negara Malaysia (BNM). 

Life Insurance, Takaful Funds See Profit Decline In 2h 2024 Amid Weaker Investment, Rising Medical Payouts

KUALA LUMPUR, March 24 (Bernama) -- The overall profitability of life insurance and family takaful funds declined in the second half of 2024 (2H 2024) to RM4.1 billion compared to 1H 2024’s RM8.4 billion due to weaker investment performance and larger net underwriting losses.

Alliance Bank On Right Track Scaling Up Operations

KUALA LUMPUR, March 24 (Bernama) -- Alliance Bank Malaysia Bhd (ABMB) is on the right track to scale up operations following its proposal to undertake a rights issue to raise RM600 million to boost its diminishing common equity tier-1 (CET-1) of 12.4 per cent by +1.1 percentage points (ppts), CIMB Securities Sdn Bhd.

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.