1y ago
By Siti Radziah Hamzah
KUALA LUMPUR, April 6 (Bernama) -- Concerns about a global recession are growing, driven by recent revisions to the gross domestic product (GDP) for the United States (US), Europe, and China, along with Donald Trump’s announcement on Thursday of new reciprocal tariff plans.
1y ago
KUALA LUMPUR, April 4 (Bernama) -- Maybank Investment Bank Bhd (Maybank IB) has revised Malaysia’s 2025 real gross domestic product (GDP) growth forecasts to 4.3 per cent from 4.9 per cent and to 4.0 per cent from 4.6 per cent for 2026.
1y ago
PUTRAJAYA, March 30 (Bernama) -- Economic uncertainty is shaping Malaysians' spending habits this festive season, with consumers adopting a cautious approach despite stable economic conditions.
1y ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, March 25 (Bernama) -- The Malaysian rubber market closed higher on Tuesday, driven by a slightly weaker ringgit and tight natural rubber supply amid the wintering season and forecasts of wet weather in major producing countries.
1y ago
KUALA LUMPUR, March 21 (Bernama) -- RHB Investment Bank Bhd (RHB IB) has upgraded Top Glove Corporation Bhd to a ‘buy’ call from a ‘sell’ call, citing potential improvements in sales volumes by June, the fourth quarter of the financial year 2025 (4Q FY2025), as United States (US) customers’ inventory levels are fully depleted.
1y ago
KUALA LUMPUR, March 19 (Bernama) -- Solarvest Holdings Bhd is well positioned to capitalise on emerging opportunities in the Malaysia renewable energy (RE) sector by leveraging on its strong market share in solar energy.
1y ago
KUALA LUMPUR, March 17 (Bernama) -- An analyst has viewed Tenaga Nasional Bhd (TNB) as a relative safe haven given its earnings resilience and undemanding valuation, amid the prevailing market volatility.
1y ago
By Abdul Hamid A Rahman
KUALA LUMPUR, March 16 (Bernama) -- Pos Malaysia Bhd is partnering leading local brands for this year’s Hari Raya campaign, Serba-Serbi Aidilfitri, to enhance brand visibility and boost awareness during the festive season.
1y ago
KUALA LUMPUR, March 14 (Bernama) -- Malaysia’s budget deficit is forecast lower at 3.9 per cent for 2025, said BIMB Securities Sdn Bhd.
1y ago
KUALA LUMPUR, March 14 (Bernama) -- Malaysia’s utilities sector outlook remains upbeat, particularly as the renewable energy (RE) space has strong growth potential, with several key drivers set to boost its near-term performance.
1y ago
KUALA LUMPUR, March 12 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) expects the domestic logistics sector to sustain steady growth in 2025, driven by the expanding e-commerce industry, the global technology upcycle fuelled by artificial intelligence (AI) demand, and a resilient United States (US) economy.
1y ago
By Siti Noor Afera Abu
KUALA LUMPUR, March 11 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) extended its decline at Tuesday’s closing, reflecting increased volatility and mirroring the sharp sell-off in US equities as global risk aversion intensified.