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Malaysia's Banking System Maintains Healthy Liquidity Position In December 2024 -- BNM

KUALA LUMPUR, Jan 31 (Bernama) -- Malaysia’s banking system maintained strong liquidity buffers in December 2024, with an aggregate Liquidity Coverage Ratio (LCR) of 160.7 per cent, up from 147.9 per cent in November, supporting ongoing financial intermediation, Bank Negara Malaysia (BNM) said.

Malaysia's PPI Rises 0.5 Pct Year-on-Year In December 2024 - DOSM

KUALA LUMPUR, Jan 28 (Bernama) -- Malaysia's Producer Price Index (PPI) rose marginally by 0.5 per cent year-on-year in December 2024, compared to a 0.4 per cent decline in the previous month, according to the Department of Statistics Malaysia (DOSM).

Neurogine, Pos Indonesia Launch Mobile Remittance Service For Indonesian Workers In Malaysia

By Jailani Hasan

LABUAN, Jan 23 (Bernama) -- Neurogine Sdn Bhd and Indonesia’s national postal service, PT Pos Indonesia, have jointly introduced Neurogine nRemit, a mobile remittance service designed for the Indonesian Migrant Worker (PMI) community in Malaysia.

Cahya Mata Sarawak's Unit Expects To Double Clinker Production With New Facility

KUCHING, Jan 23 (Bernama) -- Cahya Mata Cement Sdn Bhd, a wholly-owned subsidiary of Cahya Mata Sarawak Bhd, expects to double its clinker production capacity with the development of a new facility, Clinker Line 2, in Mambong here.

Gold Futures Close At 3-month High Amid Renewed US Tariff Threats

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Jan 22 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives ended at its highest level since November 2024 amid renewed tariff threats from United States (US) President Donald Trump, who announced preparations to impose a 10 per cent tariff on Chinese imports. 

BNM's Decision To Keep OPR At 3 Pct Will Stimulate Economic Growth - Economists

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Jan 22 (Bernama) -- Bank Negara Malaysia's (BNM) strategy to maintain the Overnight Policy Rate (OPR) at 3.0 per cent today is meticulously crafted, emphasising sustained economic growth while keenly monitoring the ebb and flow of global financial and geopolitical developments, said economists. 

Asian Supply Base Crew Change Facility To Boost Labuan’s Offshore Operations

LABUAN, Jan 22 (Bernama) -- The Asian Supply Base (ASB) has officially launched a new Crew Change Facility designed to streamline the signing-on and signing-off for the oil and gas (O&G) crews, marking a significant advancement in offshore operations in Malaysia.

DOSM: Malaysia’s Inflation Moderates To 1.7 Pct In December 2024

KUALA LUMPUR, Jan 22 (Bernama) -- Malaysia’s inflation rate for December 2024 has moderated to 1.7 per cent, with the index points standing at 133.4 as against 131.2 in the same month of the previous year, according to the Department of Statistics Malaysia (DOSM).

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.

Maybank IB Forecasts 41 Pct Gateway Container Mix For Westports In FY2025

KUALA LUMPUR, Jan 21 (Bernama) -- Maybank Investment Bank Bhd (Maybank IB) forecast a 41 per cent gateway container mix for Westports Holdings Bhd in financial year 2025 (FY2025), compared to 45 per cent recorded in the third quarter last year, with a tariff hike anticipated in FY2027.

No Time Frame Set To Conclude Malaysia-EU Free Trade Talks - PM Anwar

From D.Arul Rajoo

BRUGES, (Belgium), Jan 20  (Bernama) — Malaysia and the European Union (EU) have not set any time frame to conclude their negotiations for the Malaysia-EU Free Trade Agreement (MEUFTA).

KL Rubber Market Closes Mixed Amid Weaker Regional Futures Markets

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Jan 20 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Monday amid a weaker showing in the regional rubber futures markets, said a dealer.