KUALA LUMPUR, Oct 1 (Bernama) -- Malaysia aims to complete its Artificial Intelligence (AI) Technology Action Plan within the next 12 months, Prime Minister Datuk Seri Anwar Ibrahim said today.
KUALA LUMPUR, Sept 30 (Bernama) -- BMI, a Fitch Solutions company, has maintained its forecast for Malaysia’s federal government budget deficit to narrow from 5.0 per cent of gross domestic product (GDP) in 2023 to 4.3 per cent in 2024, and further to 3.9 per cent in 2025.
JAKARTA, Sept 28 (Bernama) -- The renewal of the Local Currency Bilateral Swap Agreement (LCBSA) between Malaysia and Indonesia enables the exchange of local currencies between Bank Negara Malaysia (BNM) and Bank Indonesia (BI) with a value amounting to RM24 billion or IDR82 trillion for five years.
KUALA LUMPUR, Sept 27 (Bernama) -- Bank Negara Malaysia (BNM) is seeking feedback on a proposed three-year roadmap for the full transition to Malaysia Overnight Rate (MYOR) and Malaysia Islamic Overnight Rate (MYOR-i) alongside the cessation of the Kuala Lumpur Interbank Offered Rate (KLIBOR).
KUALA LUMPUR, Sept 27 (Bernama) -- The overnight policy rate (OPR) is expected to remain unchanged at three per cent in 2024 with Malaysia’s producer price index (PPI) inflation moderating to 0.3 per cent year-on-year (y-o-y) in August 2024 from 1.3 per cent y-o-y the previous month.
KUALA LUMPUR, Sept 27 (Bernama) -- The ringgit regained its strength against the US dollar at the opening today after experiencing a technical correction yesterday, said an analyst.
KUALA LUMPUR, Sept 26 (Bernama) -- MIDF Amanah Investment Bank Bhd expects Bursa Malaysia’s positive market momentum to continue in the last quarter of 2024 (4Q), driven by foreign inflows, underpinned by a healthy economy and a positive corporate earnings outlook.
By Siti Noor Afera Abu
KUALA LUMPUR, Sept 24 (Bernama) -- The ringgit jumped against the US dollar at the close on Tuesday, reaching its highest level in 34 months after China unveiled a stimulus package aimed at revitalising its economy.
KUALA LUMPUR, Sept 24 (Bernama) -- Bursa Malaysia Securities Bhd has issued a consultation paper seeking the public’s feedback on the proposed sustainability reporting enhancements to the Main Market and ACE Market Listing Requirements (LR), in line with the National Sustainability Reporting Framework (NSRF).
KUALA LUMPUR, Sept 24 (Bernama) -- The Malaysian Consultative Council of Islamic Organisations (MAPIM) has called on all parties, regardless of political ideology, to support the MADANI Government’s efforts to revitalise and strengthen the national economy in the current situation where the ringgit continues to strengthen.
KUALA LUMPUR, Sept 24 (Bernama) -- Tokyo-based Nippon Kinzoku Co Ltd, a stainless steel rolling and processing provider for the automotive, battery, semiconductor and other markets, has commercialised “FINE PIPE”, a welded drawn pipe that surpasses “seamless pipe”.
KUALA LUMPUR, Sept 23 (Bernama) -- LyondellBasell (LYB) advanced its journey toward sustainable growth and value creation by laying the foundation of its first, catalytic advanced recycling plant at its Wesseling, Germany site.
