17d ago
KUALA LUMPUR, Jan 16 (Bernama) -- CIMB Treasury and Markets Research has revised its 2026 gross domestic product (GDP) forecast upward to 4.4 per cent from 4.1 per cent previously, supported by continued growth momentum in the services and construction sectors but balanced by moderation in manufacturing.
17d ago
KUALA LUMPUR, Jan 16 (Bernama) -- Westports Holdings Bhd is expected to see upside in its fourth quarter of 2025 (4Q 2025) earnings, supported by stronger year-on-year (y-o-y) and quarter-on-quarter (q-o-q) volumes, as well as elevated yard utilisation, according to Maybank Investment Bank Bhd (Maybank IB).
27d ago
PETALING JAYA, Jan 6 (Bernama) -- The Real Estate and Housing Developers’ Association Malaysia (REHDA) has urged local producers and manufacturers to remain vigilant over the rising cost of construction materials, which could impact the affordability of property prices.
27d ago
By K. Naveen Prabu
KUALA LUMPUR, Jan 6 (Bernama) -- The second phase of the Public Service Remuneration System (SSPA) salary adjustment for civil servants is expected to have a strong positive impact on the retail economy, according to an economist.
28d ago
KUALA LUMPUR, Jan 5 (Bernama) -- The banking sector is expected to appear steadfast in 2026 driven by sustained credit growth; net interest margin expansion; resilient non-interest income (NOII); and stable national clearing code (NCC), according to AmInvestment Bank Bhd.
28d ago
KUALA LUMPUR, Jan 5 (Bernama) -- Petrochemical prices in 2026 could enter a short-term bull cycle despite a weak near-term macroeconomic backdrop, according to Kenanga Investment Bank Bhd (Kenanga IB).
1m ago
KUALA LUMPUR, Dec 25 (Bernama) -- With less than a week remaining before the close of 2025, the ringgit continued its upward momentum, trading around 4.04 against the US dollar, its highest level in nearly five years.
1m ago
By Danni Haizal Danial Donald
KUALA LUMPUR, Dec 19 (Bernama) -- Bursa Malaysia’s key index, the FBM KLCI, closed 1.15 per cent higher at 1,665.90 on Friday, climbing to an almost 15-month high and surpassing the 1,660.09 points recorded on Sept 27, 2024, supported by firmer regional markets amid the Bank of Japan’s (BOJ) interest rate hike.
1m ago
KUALA LUMPUR, Dec 16 (Bernama) -- Global credit rating agency, AM Best has maintained the stable outlook on Malaysia’s non-life insurance segment, citing regulatory initiatives designed to increase insurance penetration and phased de-tariffication of motor and fire insurance.
1m ago
KUALA LUMPUR, Dec 11 (Bernama) -- Bursa Malaysia opened higher on Thursday, buoyed by regional market optimism and Wall Street’s rebound following the US Federal Reserve (Fed)’s rate cut.
1m ago
By Zufazlin Baharuddin
KUALA LUMPUR, Dec 10 (Bernama) -- The ringgit closed lower against the American dollar on Wednesday ahead of a decision by the Federal Open Market Committee (FOMC) on US interest rates later tonight.
1m ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Dec 5 (Bernama) -- Bursa Malaysia closed lower on Friday amid mixed regional market performance as investors turned cautious over a possible rate hike by the Bank of Japan (BOJ) and upcoming US economic data that may influence the Federal Reserve’s (Fed) interest rate decision next week.