1y ago
KUALA LUMPUR, Oct 22 (Bernama) -- The implementation of a sustainability-linked regulatory framework could catalyse data centre developments in regions beyond Cyberjaya and Johor, such as Kedah, as investors seek to tap into new areas for digital hubs, according to BMI.
1y ago
KUALA LUMPUR, Oct 21 (Bernama) -- The 2025 Budget, tabled by Prime Minister Datuk Seri Anwar Ibrahim on Oct 18, marked a positive step towards Malaysia’s medium-term goal of narrowing its budget deficit to 3.5 per cent by 2027.
1y ago
KUALA LUMPUR, Oct 19 (Bernama) -- The expansion of the sales and services tax (SST) should help offset the projected fall in oil-related revenue to 3.0 per cent of gross domestic product (GDP) in 2025 from 3.2 per cent in 2024 on likely lower oil prices, Standard Chartered Global Research said today.
1y ago
KUALA LUMPUR, Oct 18 (Bernama) -- BMI, a unit of Fitch Solutions, has forecast household spending to grow by 5 per cent year-on-year in 2025, in real terms, to a value of RM952.6 billion.
1y ago
KUALA LUMPUR, Oct 11 (Bernama) -- Nippon Express Holdings Inc (NXHD) has announced the successful completion of its acquisition of all shares in German-based SH HoldCo GmbH (Simon Hegele), a group of companies specialising in contract logistics in the healthcare industry.
1y ago
KUALA LUMPUR, Oct 10 (Bernama) -- Pharmaniaga Bhd (Pharmaniaga) has appointed Ernst & Young (EY) as its new external auditor, effective Oct 9, 2024.
1y ago
KUALA LUMPUR, Oct 5 (Bernama) -- The ringgit has yet to reach its fair value despite its recent rise against the US dollar and emerging as Southeast Asia’s best-performing currency, said Prime Minister Datuk Seri Anwar Ibrahim.
1y ago
KUALA LUMPUR, Oct 1 (Bernama) -- The Securities Commission Malaysia (SC) will introduce a regulatory sandbox framework that provides a controlled environment for testing innovative products and services while ensuring investor protection.
1y ago
KUALA LUMPUR, Sept 30 (Bernama) -- BMI, a Fitch Solutions company, has maintained its forecast for Malaysia’s federal government budget deficit to narrow from 5.0 per cent of gross domestic product (GDP) in 2023 to 4.3 per cent in 2024, and further to 3.9 per cent in 2025.
1y ago
By Wong Chun Wai
KUALA LUMPUR, Sept 29 (Bernama) -- It has been a while since Malaysians began to feel some pride. Certainly, the strengthening of the ringgit against the dollar has made a big impact on national confidence.
1y ago
By Siti Noor Afera Abu
KUALA LUMPUR, Sept 27 (Bernama) -- The ringgit soared to 4.12 against the US dollar on Friday, emerging as one of the top-performing currencies globally.
1y ago
KUALA LUMPUR, Sept 27 (Bernama) -- BMI, a unit of Fitch Solutions, expects Malaysia to see the strongest liquefied natural gas (LNG) production growth in the short and medium term when feed gas supplies from greenfield gas projects become available.