Malaysia’s Economy Shows Promising Growth, LI Rises 3.1 Pct In Dec 2024

KUALA LUMPUR, Feb 26 (Bernama) -- Malaysia’s economy is expected to continue promising progress in the near term with the leading index (LI) accelerated to 3.1 per cent year-on-year (y-o-y) in Dec 2024 compared to 0.4 per cent in December 2023.

BPMB To Provide RM18.5 Mln Financing For Affordable Housing Project In Penang

KUALA LUMPUR, Feb 26 (Bernama) -- Bank Pembangunan Malaysia Bhd (BPMB) has signed an RM18.5 million Tawarruq Financing Facility agreement with Firma Atasan Sdn Bhd to support the first phase of the Juru Hills Affordable Housing Project in Penang.

Strengthen Regional Ties, Boost Investment To Counter US Tariff Impact, ESCAP Chief Tells ASEAN

KUALA LUMPUR, Feb 23 (Bernama) -- The head of a key intergovernmental platform in the Asia-Pacific has urged Southeast Asian economies to strengthen regional cooperation and boost investment to cushion against the fallout from US President Donald Trump’s move to impose steep tariffs on imports from China, Canada and Mexico.

Malaysia’s January 2025 Inflation Remains At 1.7 Pct

KUALA LUMPUR, Feb 21 (Bernama) -- Malaysia’s inflation rate remained at 1.7 per cent in January 2025, with the index points standing at 133.6 points compared to 131.4 points in the same month last year, according to the Department of Statistics Malaysia (DOSM).

ESCAP: ASEAN Must Prioritise Sustainable Investment, Narrow Development Gaps Among Member States

By Nur Athirah Mohd Shaharuddin & Nabilah Saleh

KUALA LUMPUR, Feb 20 (Bernama) -- The United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) has emphasised the need for ASEAN to adopt sustainable and inclusive investment strategies as key drivers of economic resilience and growth.

KLCCD Outlines Plans For Unique, Inclusive, And Sustainable Bandar Malaysia Project - MoF

KUALA LUMPUR, Feb 20 (Bernama) — The developer behind the Bandar Malaysia project, KLCC Development Sdn Bhd (KLCCD), which is a wholly-owned subsidiary of KLCC (Holdings) Sdn Bhd (KLCCH), has outlined plans to create a unique, inclusive, and sustainable development, according to the Ministry of Finance (MoF).

Malaysia Leads ASEAN In Expanding Affordable Housing -- Juwai IQI

KUALA LUMPUR, Feb 18 (Bernama) -- Malaysia is an ASEAN leader in successfully expanding access to affordable housing, though it has limited resources to dedicate to the segment, according to Juwai IQI.

Perak Corp Signs Supplemental Agreement To Amend JDA With Urbax

KUALA LUMPUR, Feb 14 (Bernama) -- Perak Corporation Bhd (Perak Corp) has signed a Supplemental Agreement with Urbax Properties Sdn Bhd to amend the terms of their Joint Development Agreement (JDA) dated June 7, 2024.

Ringgit Records 2.7 Pct Overall Appreciation Against US Dollar In 2024 -- BNM

KUALA LUMPUR, Feb 14 (Bernama) -- The ringgit recorded an overall appreciation of 2.7 per cent against the US dollar in 2024, standing out as one of the few Asian currencies to strengthen versus the greenback, said Bank Negara Malaysia (BNM). 

Cooperation Between Community And Govt Agencies Key to Ensure Programmes Achieve Objectives - Amir Hamzah

PUCHONG, Feb 8 (Bernama) -- Comprehensive and proactive cooperation and involvement between the local community and the agencies involved are crucial to ensuring that every government programme has a positive impact on the people. 

SSF, Rumah Ibu Ink MoU For Affordable Housing Initiative In Perak

KUALA LUMPUR, Feb 7 (Bernama) -- Homegrown furniture and home living retailer SSF Home Group Bhd (SSF) has signed a memorandum of understanding (MoU) with Rumah Ibu Sdn Bhd to collaborate on the Rumah Ibu Scheme, an affordable homeownership initiative in Perak.

Lower EPF Contribution For Foreign Workers Reduces Overall Wage Expenditure

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Feb 5 (Bernama) -- The government’s decision to set the Employees Provident Fund (EPF) contribution rate for foreign workers at two per cent — lower than the initially proposed 12 per cent — helps employers reduce overall wage expenditure.