11m ago
KUALA LUMPUR, June 12 (Bernama) -- ASEAN can become the world’s fourth-largest economy by 2030 if the region maintains a steady gross domestic product (GDP) growth rate of 4.0-5.0 per cent, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz.
11m ago
KUALA LUMPUR, June 11 (Bernama) -- Bank Negara Malaysia’s (BNM) international reserves rose by US$0.9 billion in May 2025, lifted by sustained foreign capital inflows, with ringgit reserves reaching a nine-month high, said Kenanga Investment Bank (IB) Bhd.
11m ago
KUALA LUMPUR, June 9 (Bernama) -- Malaysia’s international reserves grew marginally to US$119.60 billion as at May 30, 2025, from US$119.10 billion recorded as at May 15, 2025, according to Bank Negara Malaysia (BNM).
11m ago
KUALA LUMPUR, May 30 (Bernama) -- Malaysia's international reserve assets amounted to US$118.70 billion (US$1= RM4.21) as of end-April, 2025, while other foreign currency assets stood at US$1.75 billion, according to Bank Negara Malaysia (BNM).
11m ago
KUALA LUMPUR, May 28 (Bernama) -- The 20th International Monetary Fund (IMF) Public Debt Management Forum explores and discusses how governments can better navigate the challenges of rising borrowing costs and debt refinancing pressures.
1y ago
KUALA LUMPUR, May 20 (Bernama) -- As chair of ASEAN, Datuk Seri Anwar Ibrahim is clearly asserting Malaysia’s position – and that of the regional grouping – as key players in the Global South and a rising force to be reckoned with, demanding a global shift from the dominance of bipolarity to equitable power-sharing through multipolarity.
1y ago
KUALA LUMPUR, May 16 (Bernama) — Bank Negara Malaysia (BNM) acknowledges the need to revise the gross domestic product (GDP) growth forecast for 2025 amid the global economic uncertainty, but prefers to avoid making revisions based on assumptions, said BNM governor Datuk Seri Abdul Rasheed Ghaffour.
1y ago
KUALA LUMPUR, May 8 (Bernama) -- Malaysia’s international reserves expanded to US$118.70 billion as at April 30, 2025, from US$118.40 billion on April 15, 2025, according to Bank Negara Malaysia (BNM).
1y ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, May 5 (Bernama) -- Economists revised downwards Malaysia’s 2025 gross domestic product (GDP) growth to 4.5 per cent due to the debilitating tariffs implemented by the United States (US), but remained confident in the economy’s resilience.
1y ago
KUALA LUMPUR, May 5 (Bernama) -- Rising trade protectionism impacts global trade, causing economic fragmentation that affects trade, investment, and capital flows throughout the region, as concluded in the 28th ASEAN+3 Finance Ministers’ and Central Bank Governors’ Meeting (AFMGM+3).
1y ago
KUALA LUMPUR, April 30 (Bernama) -- Malaysia’s official reserve assets amounted to US$117.49 billion (US$1= RM4.31) as of end-March, 2025, while other foreign currency assets stood at US$4.3 million, according to Bank Negara Malaysia (BNM).
1y ago
KUALA LUMPUR, April 29 (Bernama) -- Fancy roti canai for breakfast, nasi lemak for lunch, and satay for dinner, these beloved Malaysians' staples have almost doubled in price over the past 13 years, according to the Department of Statistics Malaysia (DOSM).