1y ago
KUALA LUMPUR, Jan 3 (Bernama) -- RHB Investment Bank Bhd (RHBIB) expects property sales to grow by 10 per cent year-on-year (y-o-y) in 2025 with some developers likely to focus on launching mid-range high-rise products to conserve landbanks and address potential affordability issue.
1y ago
SINGAPORE, Jan 2 (Bernama) -- Singapore's economy grew by 4.3 per cent year-on-year (y-o-y) in the fourth quarter of 2024 (4Q 2024), slower than the 5.4 per cent expansion in the previous quarter, according to advance estimates from the Ministry of Trade and Industry (MTI).
1y ago
KUALA LUMPUR, Dec 26 (Bernama) -- The ringgit finished stronger against the US dollar today, supported by rising oil prices which benefitted Malaysia as an oil exporter.
1y ago
KUALA LUMPUR, Dec 24 (Bernama) -- The leader in open-source generative artificial intelligence (AI) and predictive AI platforms, H2O.ai, announced its h2oGPTe Agent has taken the top position on the General AI Assistants (GAIA) benchmark leaderboard with an unprecedented score of 65 per cent.
1y ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Dec 20 (Bernama) -- The ringgit ended marginally lower against the US dollar on the final trading day of the week, pressured by a stronger greenback following upbeat US economic data that exceeded market expectations.
1y ago
KUALA LUMPUR, Dec 18 (Bernama) -- The Technology Innovation Institute (TII), a global applied research centre under Abu Dhabi’s Advanced Technology Research Council (ATRC), has unveiled Falcon 3, the latest iteration of its open-source large language model (LLM) series.
1y ago
KUALA LUMPUR, Dec 6 (Bernama) -- The Malaysian offshore supply vessel (OSV) sector, particularly the accommodation work barges (AWB) segment, is expected to remain bullish due to persistent vessel supply tightness from years of underinvestment, according to Kenanga Investment Bank Bhd.
1y ago
KUALA LUMPUR, Dec 5 (Bernama) -- Malaysia's sovereign rating outlook for 2025 could see a positive shift, driven by promising fiscal developments, according to Maybank Investment Bank (Maybank IB).
1y ago
KUALA LUMPUR, Nov 28 (Bernama) -- The fall in shares of banking heavyweights weighed heavily on Bursa Malaysia, causing the index to slip below the crucial 1,600 mark.
1y ago
KUALA LUMPUR, Nov 21 (Bernama) -- BMI, a Fitch Solutions company, has forecast an annual average palm oil price of RM3,900 per tonne in 2025, down from an estimated RM4,050 per tonne in 2024.
1y ago
KUALA LUMPUR, Nov 20 (Bernama) -- Bank Negara Malaysia’s (BNM) Financial Markets Committee (FMC) continues to monitor the domestic financial market conditions amidst key global developments, namely the outcome of the recent US election and concerns surrounding China’s economic growth prospects.
1y ago
KUALA LUMPUR, Nov 19 (Bernama) -- Malaysia has attracted significant interest in its equity market, becoming the best performer in Southeast Asia when compared to its regional peers for the first 10 and a half months of this year, according to Deloitte, a global professional services firm.