Headline, Core Inflation Edge Lower To 1.8 Pct In 2024
KUALA LUMPUR, Feb 14 (Bernama) -- Malaysia’s headline and core inflation for 2024 both declined to 1.8 per cent in 2024, compared with 2.5 per cent and 3.0 per cent respectively in 2023.
| LATEST NEWS | Proposal to create portfolio of Non-Muslim Religious Minister a personal opinion of Raub MP, not government - PM Anwar | Malaysia maintains stance in support of Palestine, no country has the right to determine its future - PM Anwar | Nominee for Malaysian Ambassador to the US awaiting King's consent - PM Anwar | Headline inflation eased to 1.8 pct in 4Q 2024 vs 1.9 pct in 3Q 2024, core inflation lower at 1.7 pct against 1.9 pct in 3Q 2024 - BNM | Ringgit recorded an overall appreciation of 2.7 pct against US dollar in 2024 - BNM | |
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Ringgit Records 2.7 Pct Overall Appreciation Against US Dollar In 2024 -- BNM
KUALA LUMPUR, Feb 14 (Bernama) -- The ringgit recorded an overall appreciation of 2.7 per cent against the US dollar in 2024, standing out as one of the few Asian currencies to strengthen versus the greenback, said Bank Negara Malaysia (BNM).
MIDF Sees Malaysia's Fourth Quarter GDP Growth At 4.8 Pct
KUALA LUMPUR, Feb 13 (Bernama) -- MIDF Amanah Investment Bank Bhd sees Malaysia’s gross domestic product (GDP) growth for the fourth quarter of 2024 (4Q 2024) at 4.8 per cent, similar to the government’s advance estimate.
CelcomDigi Posts Slightly Lower Net Profit Of RM1.38 Bln In FY2024
KUALA LUMPUR, Feb 13 (Bernama) -- CelcomDigi Bhd posted a slightly lower net profit of RM1.38 billion in the financial year ended Dec 31, 2024 (FY2024) from RM1.55 billion in the previous year.
Capital A, AAX Stocks Up After Positive 4Q Operating Stats
KUALA LUMPUR, Feb 13 (Bernama) -- Capital A Bhd and AirAsia X Bhd’s (AAX) shares rose after the release of their positive fourth-quarter financial year 2024 (4QFY24) operating statistics.
AirAsia X Passengers Surge 41 Pct To Over Four Mln In 2024
KUALA LUMPUR, Feb 13 (Bernama) -- AirAsia X Bhd's passengers rose by 41 per cent to over four million in 2024, with passenger load factor rising by three percentage points to 83 per cent versus a year ago.
Malaysia's GDP Expected To Come In At 5.1 Pct In 2024 - HLIB Research
KUALA LUMPUR, Feb 13 -- Malaysia’s economic growth is expected to be positive with a 5.1 per cent growth year-on-year (y-o-y) in 2024, in line with advance estimate and within the Finance Ministry's (MoF) official target of between 4.8 per cent and 5.3 per cent y-o-y, said Hong Leong Investment Bank (HLIB Research).
Pavilion REIT Posts RM409.92 Mln Net Profit For FY2024
KUALA LUMPUR, Feb 12 (Bernama) -- Pavilion Real Estate Investment Trust (Pavilion REIT) posted a lower net profit of RM409.92 million for the financial year ended Dec 31, 2024 (FY2024) from RM431.79 million last year, mainly driven by higher borrowing costs due to drawdown of additional borrowings for the acquisition of investment property.
Services Sector Revenue Up 6.3 Pct To Record High Of RM2.4 Trillion In 2024 - DOSM
KUALA LUMPUR, Feb 12 (Bernama) -- Malaysia’s services sector revenue surged 6.3 per cent to a new high RM2.4 trillion in 2024 compared with RM2.3 trillion in the previous year, said the Department of Statistics Malaysia (DOSM) today.
Malaysia's Construction Work Done Value Up 20.2 Pct In 2024 At RM158.8 Bln
KUALA LUMPUR, Feb 10 (Bernama) -- The value of construction work done in Malaysia in 2024 grew by 20.2 per cent to RM158.8 billion, according to the Department of Statistics Malaysia (DOSM).
Services Producer Price Index Up 0.5 Pct In 4q 2024 - DOSM
KUALA LUMPUR, Feb 6 (Bernama) -- Malaysia's Service Producer Price Index (SPPI) continued its uptrend, rising by 0.5 per cent in the fourth quarter (4Q) of 2024, compared to 0.3 per cent in 3Q 2024, reflecting a rise in services sector pricing, according to the Statistics Department (DoSM)
Ringgit Opens Slightly Higher Against US Dollar Amid Higher DXY
KUALA LUMPUR, Jan 31 (Bernama) -- The ringgit opened slightly higher against the US dollar amid higher US Dollar Index (DXY) and strong economic data supporting the greenback, an analyst said.