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Economist Forecasts Ringgit To Reach RM4.45 Vs US Dollar By Year-end

KUALA LUMPUR, Jan 24 (Bernama) -- The ringgit is likely to trade sideways, with an end-of-year forecast of RM4.45 against the US dollar.

OPR Continues To Be Supportive Of The Economy -- BNM Governor

KUALA LUMPUR, Jan 22 (Bernama) -- The following is an interview with Bank Negara Malaysia Governor Datuk Seri Abdul Rasheed Ghaffour after January’s Monetary Policy Committee meeting:-

Gold Futures Close Higher

KUALA LUMPUR, Jan 21 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed higher today despite a minor decline in the United States COMEX gold market.

Standard Chartered Global Research: BNM To Likely Keep OPR Unchanged At 3.0 Pct

KUALA LUMPUR, Jan 21 (Bernama) -- Standard Chartered Global Research expects Bank Negara Malaysia (BNM) to keep the overnight policy rate (OPR) unchanged at 3.0 per cent at its monetary policy decision on Jan 22.

MPOC Forecasts Seasonal Drop In Palm Oil Exports For January, February 2025

KUALA LUMPUR, Jan 20 (Bernama) -- Malaysia’s palm oil exports are expected to experience a seasonal decline in January and February this year, primarily due to a drop in production, said the Malaysia Palm Oil Council (MPOC).

Salary Hike A Boon For Retail, Travel Sectors

By Nurul Jannah Kamaruddin

KUALA LUMPUR, Jan 20 (Bernama) -- The government's move to raise the salaries of civil servants and the minimum wage is set to positively impact the retail and travel sectors, which rely heavily on consumer spending.

Local Institutions Maintain Bursa Malaysia Buying Streak For 13th Straight Week

KUALA LUMPUR, Jan 20 (Bernama) -- Local institutions remained net buyers for the 13th consecutive week on Bursa Malaysia, with net purchases of RM797.8 million, according to MIDF Amanah Investment Bank Bhd (MIDF).

AHAM Capital Declares RM1.11 Bln Income Distribution For FY2024

KUALA LUMPUR, Jan 20 (Bernama) -- AHAM Asset Management Bhd (AHAM Capital) has declared a total income distribution of RM1.11 billion for the financial year 2024, covering 89 wholesale and retail funds.  

FBM KLCI Futures To Track Cash Market Recovery Next Week

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Jan 18 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is expected to track the underlying cash market, with a continued recovery anticipated next week.

Financial Sector Receives 2.3 MLN Complaints Over Last 5 Years -- BNM

KUALA LUMPUR, Jan 17 (Bernama) -- The financial industry received around 2.3 million complaints over the past five years, 98 per cent of which were related to the banking sector and the rest insurance and takaful-related.

Malaysia’s RM4 Trillion Capital Market Propels Growth For Businesses, Investors - Wahid Omar

From D.Arul Rajoo

LONDON, Jan 16 (Bernama) -- Malaysia’s RM4 trillion equity and debt capital market is well-positioned to support the country’s growth, enabling businesses and investors to leverage and benefit from emerging opportunities, Bursa Malaysia Bhd chairman Tan Sri Abdul Wahid Omar said today.

Business Sentiment Among Japanese Companies In Malaysia Continues To Improve: Jetro

KUALA LUMPUR, Jan 16 (Bernama) -- Business sentiment among Japanese companies in Malaysia has improved for the fourth consecutive year, even as competition intensifies, according to the Financial Year 2024 Survey by the Japan External Trade Organisation Kuala Lumpur (Jetro).