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S&P Raises 2026 GDP Forecast For Asia-Pacific To 4.3 Pct, For Malaysia To 4.5 Pct

KUALA LUMPUR, Nov 24 (Bernama) -- S&P Global Ratings has lifted its 2026 gross domestic product (GDP) growth forecast for Asia-Pacific to 4.3 per cent from 4.0 per cent, with the Malaysian economy now projected to grow at a faster pace of 4.5 per cent.

S&P Raises 2026 GDP Forecast For Asia-Pacific To 4.3 Pct, For Malaysia To 4.5 Pct

KUALA LUMPUR, Nov 24 (Bernama) -- S&P Global Ratings has lifted its 2026 gross domestic product (GDP) growth forecast for Asia-Pacific to 4.3 per cent from 4.0 per cent, with the Malaysian economy now projected to grow at a faster pace of 4.5 per cent.

Malaysia Eyes Larger Share Of South Korea’s Halal Food Market

SEOUL, Nov 24 (Bernama) -- Malaysia’s halal products are poised to gain a stronger foothold in South Korea’s fast-growing convenience and premium food sector, driven by rising demand for halal, organic and sustainably sourced goods.

South Africa An Important Investment, Trade Partner -- Tengku Zafrul

By M. Saraswathi

JOHANNESBURG, Nov 23 (Bernama) -- Trade and investment ties with the African Union, particularly South Africa, are a priority, said the Minister of Investment, Trade and Industry, Tengku Datuk Seri Zafrul Abdul Aziz.

Labuan Crude Oil Terminal Marks 50 Years As Malaysia’s Energy Gateway -- Hibiscus Petroleum Chairman

LABUAN, Nov 22 (Bernama) -- The Labuan Crude Oil Terminal (LCOT), one of Malaysia’s earliest and most enduring oil and gas installations, continues to stand as a symbol of national resilience and operational excellence as it celebrates its 50th anniversary, said Hibiscus Petroleum Bhd chairman Zainul Rahim.

Bursa Malaysia Likely To Trade Range-bound With Downside Bias Next Week - Analyst

By Siti Radziah Hamzah

KUALA LUMPUR, Nov 22 (Bernama) -- Bursa Malaysia is expected to trade within a narrow range with a downside bias next week amid heightened volatility in global markets, said an analyst.

Ringgit Likely To Trade Between 4.13-4.16 With Slight Upward Bias Next Week

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Nov 22 (Bernama) -- The ringgit is expected to trade between 4.13 and 4.16 against the US dollar next week, with a slight upward bias after mainly weakening this week as markets lowered expectations of a United States interest rate cut at the December meeting.

CPO Futures Ends Lower On Weaker Demand Concerns

By Danni Haizal Danial Donald

KUALA LUMPUR, Nov 21 (Bernama) -- Crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives ended the week on a weaker note, closing lower on Friday due to concerns over weak demand, a trader said.

Analysts Lower 2025 Inflation To 1.4 Pct, Expect 1.8 Pct Next Year

KUALA LUMPUR, Nov 21 (Bernama) -- Kenanga Investment Bank Bhd has lowered its 2025 inflation forecast to 1.4 per cent from 1.5 per cent (2024: 1.8 per cent), driven by the deflationary effects of Budi95.

Rubber Market Ends The Week Higher Over Supply Concerns

By Danni Haizal Danial Donald

KUALA LUMPUR, Nov 21 (Bernama) -- The Kuala Lumpur rubber market closed the week higher on Friday, driven by ongoing concern over rubber supply due to rainy weather in major rubber producers amid mixed advice from regional rubber futures markets, said a dealer.

Halagel Returns To Explore Indonesian Market, Eyes 60 Mln Consumers In Sumatra

JAKARTA, Nov 21 (Bernama) -- Halagel (M) Sdn Bhd has relaunched the distribution of its products in Kota Padang through a collaboration with Aciak Mart, one of the largest retail chains in West Sumatra.

Malaysia’s 2025 Crude Palm Oil Output To Exceed 19.5 Mln Tonnes -- MPOB Chairman

KUALA LUMPUR, Nov 21 (Bernama) -- Malaysia’s crude palm oil (CPO) production for 2025 is expected to exceed last year’s output, with projections indicating output could surpass 19.5 million tonnes, up from 19.3 million tonnes in 2024.