Budget 2025 To Stimulate Additional Investments In Malaysia - Alliance Bank

KUALA LUMPUR, Oct 27 (Bernama) -- Alliance Bank Malaysia Bhd expects the Budget 2025 to stimulate additional investments in Malaysia and prove the government’s persistent efforts to strengthen the nation’s economic fundamentals.

Malaysia Set To Unlock Economic Opportunities As BRICS Partner Country -- Academician

By Abdul Hamid A. Rahman

KUALA LUMPUR, Oct 27 (Bernama) -- Malaysia’s recognition as one of the 13 nations officially added to BRICS presents significant economic opportunities, opening doors to trade, investment, and cooperation with the world’s largest emerging markets, including Brazil, Russia, India, China, and South Africa.

Malaysia Needs To Prepare And Have All The Buffers To Face The Changing Global Economic Environment -- BNM Governor

KUALA LUMPUR, Oct 26 (Bernama) -- Malaysia, as a small and open economy, needs to ensure that it is well-prepared and has the necessary buffers to face the changing global economic environment, said Bank Negara Malaysia (BNM) governor Datuk Seri Abdul Rasheed Ghaffour.

Ringgit Expected To Trade Sideways Next Week Ahead Of The US Election

By Zufazlin Baharuddin

KUALA LUMPUR, Oct 26 (Bernama) -- The ringgit is expected to trade sideways against the US dollar next week, moving in the RM4.34-RM4.35 range, as markets await the US presidential election on Nov 5.

Rubber Market Likely To See Flat Trading Next Week

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Oct 26 (Bernama) -- The local rubber market is expected to trade in a flattish mode next week, with demand and prices remaining soft, according to industry expert Denis Low.

Malaysia's Inflation Likely To Trend At 2.9 Pct In 2025 -- Allianz

KUALA LUMPUR, Oct 24 (Bernama) -- Malaysia’s inflation is likely to trend at 2.3 per cent in 2024 and 2.9 per cent in 2025, compared to Bank Negara Malaysia’s (BNM) forecast of between 2 per cent and 3.5 per cent for 2024, Allianz SE chief economist Ludovic Subran said.

Govt Should Adopt Fair Market Price for Targeted RON95 Subsidies - Economist

BANGI, Oct 24 (Bernama) -- To implement RON95 petrol targeted subsidies, the government has been urged to adopt an approach that maintains market prices, making essential goods more affordable while still offering the necessary support to those in need.

Ringgit Expected To Rise Five Pct If Kamala Harris Is Elected US President -- Allianz

KUALA LUMPUR, Oct 24 (Bernama) -- The ringgit is expected to strengthen by five per cent if the current United States (US) Vice President Kamala Harris is elected as US President before the end of the year, said Allianz SE chief economist Ludovic Subran. 

Govt To Prioritise Ringgit Use In International Settlements – MITI

KUALA LUMPUR, Oct 24 (Bernama) -- The government will continue to promote the use of local currency in international settlements and periodically enhance mechanisms with strategic partner countries.

Retail Industry To Bounce Back Towards Year-End -- MUI Group

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Oct 23 (Bernama) -- The retail industry is expected to bounce back in the remaining months of this year after experiencing weaker market growth in the last two months, said Malayan United Industries Bhd (MUI Group).

Malaysia's Electrified Vehicle Count Reaches 33,319 Units As Of Sept 30 -- Tengku Zafrul

KUALA LUMPUR, Oct 23 (Bernama) -- The number of electrified vehicles (xEV) reached 33,319 units as of Sept 30, 2024, representing about five per cent of the total industry volume (TIV), said Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Abdul Aziz.

Bursa Malaysia Opens Higher Amid Mixed Wall Street Overnight

By Karina Imran

KUALA LUMPUR, Oct 23 (Bernama) -- Bursa Malaysia opened higher on Wednesday amid Wall Street’s mixed performance overnight as traders expect a potentially less aggressive rate cuts by the United States (US) Federal Reserve (Fed) next month, said an analyst.