1y ago
KUALA LUMPUR, Jan 14 (Bernama) -- Asia Pacific airports have demonstrated impressive growth in global rankings, showcasing the region's robust recovery in 2024, according to OAG, a data platform for the global travel industry.
1y ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Jan 14 (Bernama) -- Bursa Malaysia failed to sustain the buying momentum seen most of the day to end at an intraday low on late selling of selected utilities and plantation heavyweight counters, amid a mixed performance in regional peers.
1y ago
KUALA LUMPUR, Jan 14 (Bernama) -- Standard Chartered (Stanchart) forecasts the ringgit to reach 4.40 against the US dollar by the end of 2025, maintaining a positive outlook due to favourable positioning for domestic financial assets.
1y ago
KUALA LUMPUR, Jan 14 (Bernama) -- Bursa Malaysia Bhd’s net profit for the fourth quarter (4Q) ended Dec 31, 2024, is expected to be weaker than that in 3Q 2024 due to a lower daily average trading value (DATV) for the securities market, according to AmInvestment Bank Bhd.
1y ago
KUALA LUMPUR, Jan 14 (Bernama) -- Malaysia’s advance gross domestic product (GDP) is expected to expand five per cent in the fourth quarter of 2024 (4Q 2024), moderating from 5.3 per cent in 3Q 2024, according to CIMB Securities Sdn Bhd.
1y ago
KUALA LUMPUR, Jan 14 (Bernama) -- Reforms are crucial steps to transform Malaysia into a more resilient and vibrant economy capable of adapting to domestic and global challenges.
1y ago
By Zarul Effendi Razali and Abdul Hamid A Rahman
PETALING JAYA, Jan 13 (Bernama) -- An economist has called for ASEAN country members to focus more on sustainable development as a group, integrating economic growth with technological advances and social inclusion.
1y ago
KUALA LUMPUR, Jan 13 (Bernama) -- Crude palm oil (CPO) prices are expected to remain elevated in the first half of 2025 (1H 2025), trading between RM4,400 and RM4,800 per tonne, before moderating in the second half (2H 2025) to MYR4,000-RM4,400 per tonne during the seasonal peak.
1y ago
KUALA LUMPUR, Jan 13 (Bernama) -- Malaysia's gross domestic product (GDP) is expected to hold steady at five per cent in 2025, consistent with the government’s target of 4.5 to 5.5 per cent, according to CIMB Securities Sdn Bhd.
1y ago
KUALA LUMPUR, Jan 13 (Bernama) -- Bursa Malaysia ended the morning session in the red due to continuous selling in heavyweight stocks, led by utilities and financial services counters.
1y ago
KUALA LUMPUR, Jan 12 (Bernama) -- Malaysia’s economy is expected to sustain steady growth in 2025 of above 5.0 per cent, supported by strategic investment, robust fiscal management and economic resilience, said the Ministry of Finance.
1y ago
KUALA LUMPUR, Jan 12 (Bernama) -- The Johor-Singapore Special Economic Zone (JS-SEZ) is a testament to Malaysia and Singapore’s shared vision of complementing each other’s strengths to drive economic progress, said Finance Minister II Datuk Seri Amir Hamzah Azizan.