7d ago
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Oct 21 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher on Monday due to a stronger export pace and the expectation of weaker output in the coming weeks, said a dealer.
7d ago
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.
7d ago
By Siti Noor Afera Abu
KUALA LUMPUR, Oct 21 (Bernama) -- The ringgit closed almost flat against the US dollar on Monday as markets remained cautious about the geopolitical developments engulfing the Middle East, while the US Dollar Index (DXY) stayed well supported.
7d ago
By Karina Imran
KUALA LUMPUR, Oct 21 (Bernama) -- Bursa Malaysia moved in a tight range amid muted trading to close easier today, reflecting weak buying interest as investors paused to assess the details of Budget 2025, said an analyst.
7d ago
PETALING JAYA, Oct 21 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) will help Perusahaan Otomobil Kedua Sdn Bhd (Perodua) produce Malaysia's first electric vehicle (EV) priced under RM100,000.
7d ago
KUALA LUMPUR, Oct 21 (Bernama) -- The Investment, Trade and Industry Ministry (MITI) is confident of achieving the first-year targets of the New Industrial Master Plan 2030 (NIMP 2030), having already fulfilled three of the main indicators set, according to its minister Tengku Datuk Seri Zafrul Abdul Aziz.
7d ago
KUALA LUMPUR, Oct 21 (Bernama) -- The Ministry of Investment, Trade, and Industry (MITI) is finalising a New Investment Incentive Framework, targeted for announcement as early as the first quarter (1Q) of 2025, said its minister, Tengku Datuk Seri Zafrul Abdul Aziz.
7d ago
KUALA LUMPUR, Oct 21 (Bernama) -- The implementation of the Kerian Integrated Green Industrial Park (KIGIP) development is one of the fastest in history, with planning permission approval obtained in less than three months from the launch date.
7d ago
KUALA LUMPUR, Oct 21 (Bernama) -- The measures outlined in Budget 2025 aim to reshape the economy by fostering growth and attracting quality investments while balancing fiscal consolidation, "raising the ceiling" for economic growth, and "raising the floor" to elevate living standards, according to analysts.
7d ago
KUALA LUMPUR, Oct 21 (Bernama) -- Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz remains committed to increasing the productivity of his ministry to ensure that Malaysia continues to be an investor and trade-friendly country.
7d ago
KUALA LUMPUR, Oct 21 (Bernama) -- Budget 2025 announced on Friday (Oct 18) is very people-friendly and meets Prime Minister Datuk Seri Anwar Ibrahim's desire to tackle the issue of rising cost of living, said an analyst.
7d ago
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.