Upbeat 2024 GDP Performance Drives Ringgit To End Higher
By Zufazlin Baharuddin
KUALA LUMPUR, Feb 14 (Bernama) -- The Malaysian economy saw significant growth in 2024, boosting the ringgit to end the week higher against the US dollar.
| LATEST NEWS | Royal Malaysian Navy launches its third Littoral Combat Ship 'Sharif Mashor' today | Malaysia remains optimistic that 2026 will bring further growth opportunities in the global palm oil sector - Noraini | Palm oil producers, traders, policymakers, and end-users must work together to navigate market volatility, regulatory developments and shifting demand patterns - Noraini | MAHB privatisation is yielding tangible results, with passenger movements rising 11.2 pct year-on-year to 104.4 million, supported by 15 new airlines commencing services, operations into Malaysia - Khazanah MD | Khazanah's investments portfolio has grown to RM95 billion as at end-2025 from RM81 billion in 2018, underpinned by robust performance of domestic and global equities - MD | |
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RHB Maintains Malaysia’s 2025 GDP Growth Forecast At 5.0 Pct
KUALA LUMPUR, Feb 14 (Bernama) -- RHB Investment Bank Bhd (RHB IB) has maintained its forecast for Malaysia's gross domestic product (GDP) growth at 5.0 per cent in 2025, driven by ongoing multi-year projects, rising household incomes, and improving global monetary conditions.
Malaysia’s 5.1 Pct GDP Growth In 2024 Demonstrates Resilience Amid Global Uncertainties - Economist
By Siti Noor Afera Abu
KUALA LUMPUR, Feb 14 (Bernama) -- Malaysia’s fourth-quarter 2024 gross domestic product (GDP) growth of 5.0 per cent, leading to a full-year expansion of 5.1 per cent, reflects a strategically resilient economy leveraging domestic strengths amid global uncertainties, according to AmBank Group.
Headline, Core Inflation Edge Lower To 1.8 Pct In 2024
KUALA LUMPUR, Feb 14 (Bernama) -- Malaysia’s headline and core inflation for 2024 both declined to 1.8 per cent in 2024, compared with 2.5 per cent and 3.0 per cent respectively in 2023.
Bursa Malaysia Ends Morning Session Flat Weighed Down By Global Uncertainties
By NurulJannah Kamaruddin
KUALA LUMPUR, Feb 14 (Bernama) -- Bursa Malaysia ended almost flat in the morning session weighed down by global trade war uncertainties and their possible impact on US inflation.
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).
Malaysia’s Economy Grows 5.1 Pct in 2024, In Line With Govt's Target
KUALA LUMPUR, Feb 14 (Bernama) -- The Malaysian economy grew by 5.1 per cent in 2024, up from 3.6 per cent in 2023, aligning with the government’s target of 4.8 per cent to 5.3 per cent year-on-year.
Sunway's RM2.6 Bln Deal Near RTS Link Lifts Shares - HLIB
KUALA LUMPUR, Feb 14 (Bernama) -- Sunway Bhd’s shares rose as a proposed project with a gross development value (GDV) exceeding RM2.6 billion near the Johor Bahru-Singapore Rapid Transit System (RTS) Link station boosts growth prospects.
Ringgit Opens Higher Against US Dollar, ASEAN Currencies Ahead Of GDP Data Release
By Engku Shariful Azni, Fatin Umairah Abdul Hamid & Karina Imran
KUALA LUMPUR, Feb 14 (Bernama) -- The ringgit continues to strengthen against the US dollar and ASEAN currencies ahead of Malaysia’s 2024 gross domestic product (GDP) data release today, said an analyst.
MIDF Sees Malaysia's Fourth Quarter GDP Growth At 4.8 Pct
KUALA LUMPUR, Feb 13 (Bernama) -- MIDF Amanah Investment Bank Bhd sees Malaysia’s gross domestic product (GDP) growth for the fourth quarter of 2024 (4Q 2024) at 4.8 per cent, similar to the government’s advance estimate.
MISIF, MSA Support Independent Steel Committee’s Recommendations – MITI
KUALA LUMPUR, Feb 13 (Bernama) -- The Malaysian Iron and Steel Industry Federation (MISIF) and the Malaysia Steel Association (MSA) support recommendations by the independent steel committee to address key challenges in the industry, said the Investment, Trade and Industry Ministry (MITI).
KWAP Achieves Record-high Investment Income Of RM18.0 Bln In 2024
KUALA LUMPUR, Feb 13 (Bernama) -- The Retirement Fund Inc (KWAP) recorded its highest-ever investment income of RM18.0 billion in 2024, with an overall return of 12.0 per cent.