KUALA LUMPUR, Nov 6 (Bernama) -- RHB Investment Bank Bhd has maintained Malaysia’s 2025 gross domestic product (GDP) growth forecast at 5.0 per cent based on global assumptions for a Goldilocks backdrop following Donald Trump’s victory in the United States (US) presidential elections.
By Danni Haizal Danial Donald
KUALA LUMPUR, Nov 6 (Bernama) -- Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended higher on Wednesday as price rallied above RM4,900 per tonne for January 2025 benchmark contract, a trader said.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Nov 6 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives ended lower today, weighed down by the US dollar’s stronger performance and higher United States (US) Treasury yields, said an analyst.
KUALA LUMPUR, Nov 6 (Bernama) -- Bursa Malaysia closed higher today, buoyed by supportive local economic policies, positive sentiment from strong technology stocks earnings, and a favourable United States (US) market outlook, an analyst said.
By Danni Haizal Danial Donald
KUALA LUMPUR, Nov 6 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Wednesday, supported by gains in regional futures markets and a weaker ringgit against the US dollar, a dealer said.
KUALA LUMPUR, Nov 6 (Bernama) -- SME Corporation Malaysia (SME Corp) and Perbadanan Nasional Berhad (Pernas) signed a memorandum of understanding (MoU) with Saudi Arabia’s Small and Medium Enterprises General Authority (Monsha’at) at the Biban24 Forum in Riyadh, Saudi Arabia.
KUALA LUMPUR, Nov 6 (Bernama) -- The introduction of Employees Provident Fund (EPF) contribution by foreign workers aims to facilitate wage equity in the country, ensuring that local labour is not disadvantaged along the way, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Nov 5 (Bernama) -- The ringgit continued to be on a stronger footing against the US dollar today after recent weakness as the markets anticipate a rate cut by the US Federal Reserve, said an economist.
By Abdul Hamid A Rahman
KUALA LUMPUR, Nov 5 (Bernama) -- Bursa Malaysia recouped earlier losses to close higher today as late buying lifted the benchmark index to its intraday high on market expectations that Bank Negara’s Monetary Policy Committee (MPC) will maintain the Overnight Policy Rate (OPR) at its meeting tomorrow.
KUALA LUMPUR, Nov 5 (Bernama) -- The ringgit’s value is still strong amid recent market developments and adjustments, with the local note rising by 5.03 per cent against the US dollar as at Nov 4, 2024.
KUALA LUMPUR, Nov 5 (Bernama) -- Islamic finance holds substantial potential to revitalise the economy through three core principles—Maqasid Shariah, innovation, and global integration, said Bank Negara Malaysia (BNM).
KUALA LUMPUR, Nov 4 (Bernama) -- The government has called on the French business community in the country to enhance cooperation as Malaysia assumes the ASEAN chair next year to create a prosperous community, said Deputy Investment, Trade and Industry Minister Liew Chin Tong.
