AirAsia Carries Over 45 Million Passengers Year-to-date -- Capital A

KUALA LUMPUR, Oct 28 (Bernama) -- AirAsia has carried over 45 million passengers year-to-date, maintaining a high load factor of 90 per cent, said Capital A Bhd. 

DoSM: Malaysia's Leading Index Rises 4.0 Pct In August 2024, Reaches 114.3 Points

KUALA LUMPUR, Oct 25 (Bernama) -- Malaysia's leading index (LI) continued to demonstrate strong growth momentum in August 2024, with a growth of 4.0 per cent to 114.3 points from 109.9 points in the same month of the previous year, said the Department of Statistics Malaysia (DoSM).

MIDF Amanah Trims Inflation Forecast Down To 2.0 Pct In 2024

KUALA LUMPUR, Oct 24 (Bernama) -- MIDF Amanah Investment Bank Bhd has revised its 2024 inflation forecast downward to two per cent from 2.3 per cent previously, taking into account the absence of subsidy rationalisation this year.

Kenanga Investment Maintains 2024 GDP Growth Forecast At 5.0 Pct

KUALA LUMPUR, Oct 23 (Bernama) -- Kenanga Investment Bank Bhd has maintained its forecast for Malaysia’s gross domestic product growth at 5.0 per cent for 2024 and expects it to moderate to 4.8 per cent in 2025.

MIDF Maintains 2024 GDP Forecast At 5.0 Pct 

KUALA LUMPUR, Oct 21 (Bernama) -- MIDF Research has kept its 2024 gross domestic product (GDP) growth forecast at 5.0 per cent, bolstered by ongoing increases in domestic spending and a recovery in exports.

Malaysia's Economy Expands 5.3 Pct In 3Q, Says DOSM Advance Estimates

KUALA LUMPUR, Oct 21 (Bernama) -- Department of Statistics Malaysia (DoSM) has reported that advance estimates indicate Malaysia's economy grew by 5.3 per cent in the third quarter (3Q) of 2024, following a robust 5.9 per cent growth in the preceding quarter.

Future Income Classifications To Consider Multiple Factors For Greater Fairness - Rafizi

PUTRAJAYA, Oct 20 (Bernama) -- Future income classifications will no longer rely solely on gross household income but will incorporate various factors to ensure greater fairness, said Economy Minister Rafizi Ramli.

Biggest Budget Allocation Due To Good Governance, Fiscal Discipline - Rafizi

PUTRAJAYA, Oct 20 (Bernama) — The largest allocation in history of RM421 billion for Budget 2025 is the result of good governance, prudent fiscal discipline and the country's rapid economic growth, said Economy Minister Rafizi Ramli.

Bursa Malaysia To Trade On Cautious Mode Next Week As Investors Digest Budget 2025

KUALA LUMPUR, Oct 19 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) is expected to hold steady within a narrow band of 1,655 to 1,665 as investors digest the national Budget 2025 announcement by Prime Minister Datuk Seri Anwar Ibrahim on Friday.

Rubber Market Ends higher On Crude Recovery, Shanghai Futures Uptick 

By Zufazlin Baharuddin

KUALA LUMPUR, Oct 18 (Bernama) -- The Kuala Lumpur rubber market closed higher today, supported by a rebound in benchmark crude oil prices and an increase in Shanghai rubber futures amid concerns over limited natural rubber supply caused by adverse weather in producing countries.

Malaysia Should Seize Opportunity In Global Medical Devices Market - Chang

KUALA LUMPUR, Oct 15 (Bernama) -- Malaysian innovators and manufacturers should seize the opportunity to tap into the immense potential of the global medical devices industry, which is projected to reach nearly US$800 billion by 2030, says Science, Technology and Innovation (MOSTI) Minister Chang Lih Kang.

ICT And E-Commerce Contribute RM427.7 Bln To GDP In 2023 - DoSM

KUALA LUMPUR, Oct 15 (Bernama) -- The Information and Communication Technology (ICT) industry, including e-commerce, has generated a total of RM427.7 billion to Malaysia’s gross domestic product (GDP) in 2023 compared to RM411.6 billion in 2022, according to the Department of Statistics Malaysia (DoSM).