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Mavenir, Tū Ātea Partner To Advance Networks With Māori Spectrum Assets

KUALA LUMPUR, Nov 15 (Bernama) -- Mavenir, the cloud-native network infrastructure provider building the future of networks, announced a transformative partnership with Tū Ātea Limited, an Indigenous Aotearoa/New Zealand company dedicated to advancing Māori telecommunications.

Technology, AI Is Beyond Just An Access - PM Anwar

By M. Saraswathi

PERU (Lima), Nov 15 (Bernama) — In a world increasingly dominated by Artificial Intelligence (AI) and digital technologies, the Malaysian government also recognises that bridging the digital divide is crucial for equitable development across all segments of society.

Investment Inflows, Strong Business Confidence To Support Malaysia's GDP Growth For 2024, 2025

KUALA LUMPUR, Nov 7 (Bernama) -- An increase in investment inflows, improved tax collection relative to Gross Domestic Product (GDP), and a narrower fiscal deficit are positive catalysts expected to drive Malaysia's economy to grow between 5.0 per cent and 5.5 per cent in 2024 and 2025.

Bursa Malaysia Reverses Early Losses To End Higher Ahead Of MPC Outcome

By Abdul Hamid A Rahman

KUALA LUMPUR, Nov 5 (Bernama) -- Bursa Malaysia recouped earlier losses to close higher today as late buying lifted the benchmark index to its intraday high on market expectations that Bank Negara’s Monetary Policy Committee (MPC) will maintain the Overnight Policy Rate (OPR) at its meeting tomorrow.

Malaysia’s October Manufacturing PMI Flat At 49.5, New Orders Rising Since June -- S&P Global

KUALA LUMPUR, Nov 1 (Bernama) -- The seasonally adjusted S&P Global Malaysia manufacturing purchasing managers’ index (PMI) was unchanged at 49.5 in October 2024, with new orders rising for the first time since June 2024.

 

Ringgit Opens Flat Vs US Dollar Amid Cautious Economic Sentiment

By Zarul Effendi Razali

KUALA LUMPUR, Oct 22 (Bernama) -- The ringgit opened nearly flat against the US dollar on Tuesday, as cautious sentiment surrounding the current economic outlook saw some investors turn to safe-haven assets, an economist said.

Budget 2025 Aims For Growth And Elevated Living Standards - Analysts

KUALA LUMPUR, Oct 21 (Bernama) -- The measures outlined in Budget 2025 aim to reshape the economy by fostering growth and attracting quality investments while balancing fiscal consolidation, "raising the ceiling" for economic growth, and "raising the floor" to elevate living standards, according to analysts.

FBM KLCI Opens Marginally Higher 

By Karina Imran

KUALA LUMPUR, Oct 21 (Bernama) -- Bursa Malaysia opened slightly higher in early trade but retreated thereafter due to mild profit-taking activities following significant gains from last week, said an analyst. 

Narrower Deficit, Lower Maturities In 2025, Gross Debt Issuance At Rm163.5 Bln - CIMB Securities

KUALA LUMPUR, Oct 19 (Bernama) -- The federal government’s narrower deficit of RM80 billion next year, which is RM4.3 billion below the revised estimate of RM84.3 billion this year, suggests milder net borrowing requirements next year, CIMB Securities Sdn Bhd said today.

RHB IB Keeps 'Neutral' Call On Transportation Sector

KUALA LUMPUR, Oct 18 (Bernama) -- RHB Investment Bank (RHB IB) maintained its “neutral” call on the transportation sector despite ocean freight capacity shortage anticipated to persist in the near term and air cargo is expecting a strong peak season driven by holiday demand.

Malaysia Actively Seeks BRICS Support For Membership - Liew

KUALA LUMPUR, Oct 17 (Bernama) -- Malaysia is actively seeking support from BRICS member countries for its bid to join the economic bloc, Deputy Investment, Trade and Industry Minister Liew Chin Tong said.

Malaysia Needs Diverse Trading Partners To Explore New Solar Market - MITI

KUALA LUMPUR, Oct 17 (Bernama) -- Malaysia plans to diversify its trading partners to explore new solar export markets amid geopolitical tensions and the ongoing trade war between China and the United States, according to the Investment, Trade and Industry Ministry (MITI).