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IMF Cuts Malaysia 2025 GDP To 4.1 Pct On Regional Slowdown

KUALA LUMPUR, April 23 (Bernama) -- The International Monetary Fund has downgraded Malaysia’s real gross domestic product (GDP) growth forecast for 2025 to 4.1 per cent, from 4.7 per cent previously, reflecting a broader downward revision across the region.

Cahya Mata Shares Rise Following RM550 Mln State Contract For Kuching Convention Centre

KUALA LUMPUR, April 22 (Bernama) -- Cahya Mata Sarawak Bhd (CMSB) has experienced a notable increase in its share price following the announcement that its 51 per cent-owned subsidiary, CMS Land Sdn Bhd, secured a RM550 million contract from the Sarawak state government.

Cahya Mata Bags RM550 Mln Design And Build Contract For Convention Centre In Kuching

KUALA LUMPUR, April 21 (Bernama) -- Cahya Mata Sarawak Bhd’s 51 per cent owned subsidiary, CMS Land Sdn Bhd, has won a RM550 million design and build contract from the Sarawak state government to develop the Borneo Convention Centre Kuching II at Muara Tebas District, Kuching, Sarawak.

FBM KLCI Set To Test 1,500-level Next Week On Improved Sentiment

By Abdul Hamid A Rahman

KUALA LUMPUR, April 19 (Bernama) -- Key market index FTSE Bursa Malaysia KLCI (FBM KLCI) is expected to continue testing the 1,500-point psychological level next week, with a sustained breakout likely to boost investor confidence and attract foreign inflows.

CPO Futures Close Lower, Weighed Down By Concerns Over Rising Output

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, April 17 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives (BMD) closed lower for the fourth consecutive day today, pressured by concerns over rising output in the coming weeks. 

ECRL Project Achieves 81.07 Per Cent Progress For Kota Bharu - Selangor Alignment

PASIR PUTEH, April 17 (Bernama) -- The East Coast Rail Link (ECRL) project is now on track for completion by December 2026, with the entire alignment from Kota Bharu to Selangor recording a work progress of 81.07 per cent as of last month.

Lower Soybean Oil Prices, Rising Output Concerns Continue To Drag CPO Futures Lower

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, April 16 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives (BMD) ended lower for the third straight day today, in line with lower soybean oil prices on the Chicago Board of Trade (CBOT). 

KAYTUS Supercharges Data Centre Management With KSManage V2.0

KUALA LUMPUR, April 15 (Bernama) -- KAYTUS, a provider of end-to-end artificial intelligence (AI) server and liquid cooling solutions, has announced the release of KSManage V2.0, its next-generation data centre management platform.

Malaysia Semiconductor IC Design Park Strengthens Collaboration With Brazil, AWS

KUALA LUMPUR, April 11 (Bernama) -- Malaysia Semiconductor IC Design Park has established strategic partnerships involving Brazil’s ChipInventor and Amazon Web Services (AWS) with the support of the Embassy of Brazil in Malaysia through the Innovation Diplomacy Programme as well as the Brazilian Ministry of Science, Technology, and Innovation.

ASEAN Finance Ministers To Deepen Resilience And Economic Integration As Global Trade War Erupts 

By Nor Baizura Basri

KUALA LUMPUR, April 6 (Bernama) -- ASEAN finance ministers will meet here next week amid a sense of urgency to deepen economic integration and enhance financial resilience as the global trade war erupts, no thanks to debilitating tariffs imposed by the United States.

Putrajaya Refutes 47 Pct Tariff On US Imports, To Prioritise Malaysia’s Interest

KUALA LUMPUR, April 4 (Bernama) — Putrajaya refutes the claim by the US authorities that Malaysia has imposed 47 per cent tariff on US imports into Malaysia and emphasises that reciprocal tariffs do not serve the principles of free and fair trade stipulated under the World Trade Organisation, of which 164 countries, including the US, is a member. 

Putrajaya Refutes 47 Pct Tariff On US Imports, To Prioritise Malaysia’s Interest

KUALA LUMPUR, April 4 (Bernama) — Putrajaya refutes the claim by the US authorities that Malaysia has imposed 47 per cent tariff on US imports into Malaysia and emphasises that reciprocal tariffs do not serve the principles of free and fair trade stipulated under the World Trade Organisation, of which 164 countries, including the US, is a member.