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KUALA LUMPUR, Aug 12 (Bernama) -- The ringgit extended its uptrend against the US dollar and major currencies at the opening on Tuesday ahead of Malaysia’s second quarter 2025 gross domestic product (GDP) data to be released on Friday, said an analyst.
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KUALA LUMPUR, Aug 11 (Bernama) -- Foreign investors turned net buyers in Asian markets last week, reversing the previous week’s outflow, recording an inflow of US$996 million (US$1=RM4.23), with Taiwan recording the highest purchases in the region.
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KUALA LUMPUR, Aug 11 (Bernama) -- The ringgit opened higher against the US dollar on Monday, rebounding after two consecutive sessions of losses, amid growing concerns over the impact of the United States’ tariffs on the domestic and global economy, analysts said.
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GEORGE TOWN, Aug 9 (Bernama) -- Increasing Penang’s Gross Domestic Product (GDP) contribution from RM116 billion in 2023 to RM156 billion by 2030 is among the key success metrics under the newly launched Digital Economy Master Plan (DEMP) 2025-2030.
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KUANTAN, July 16 (Bernama) -- The Pahang state government has recorded RM4 billion in realised investments in the first half (1H) of 2025, the highest in the East Coast region, said Menteri Besar Datuk Seri Wan Rosdy Wan Ismail.
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KUALA LUMPUR, Aug 7 (Bernama) -- June 2025’s stronger-than-expected Industrial Production Index (IPI) points to solid second-quarter gross domestic product (2Q GDP) growth of 4.5 per cent year-on-year (y-o-y), with potential upside towards 4.6 per cent, according to RHB Investment Bank Bhd (RHB IB).
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KUALA LUMPUR, Aug 5 (Bernama) — The MADANI government is gradually reducing the fiscal deficit in phases to lessen the national debt burden, said Prime Minister Datuk Seri Anwar Ibrahim.
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KUALA LUMPUR, Aug 4 (Bernama) -- The Ministry of Entrepreneur Development and Cooperatives (KUSKOP) is targeting to increase the number of medium-sized firms to five per cent of the country’s total micro, small and medium enterprises (MSMEs) by 2030 from 1.6 per cent currently.
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By Abdul Hamid A Rahman
KUALA LUMPUR, Aug 4 (Bernama) -- The contribution of micro, small and medium enterprises (MSMEs) to the country's gross domestic product (GDP) is targeted to reach RM1 trillion by 2030, provided efforts to empower the sector are doubled under the 13th Malaysia Plan (13MP).
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KUALA LUMPUR, Aug 1 (Bernama) -- CGS International Securities Malaysia Sdn Bhd believes the average gross domestic product (GDP) growth target of 4.5–5.5 per cent under the 13th Malaysia Plan (13MP), along with the fiscal deficit target of three per cent of GDP by 2030, is attainable.
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By Karina Imran
KUALA LUMPUR, Aug 1 (Bernama) -- The United States' (US) decision to reduce tariff on Malaysian exports to 19 pr cent from 25 per cent signals a willingness to negotiate, but the revised tariff is still expected to have significant economic repercussions for Malaysia in the short- and long-term, said an economist.
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KUALA LUMPUR, August 1 (Bernama) -- The government anticipates that Malaysia’s trade surplus will remain stable under the 13th Malaysia Plan (13MP), supported by the growth of high-value industries and a transition towards increased economic complexity, said Datuk Seri Amir Hamzah Azizan.