1y ago
KUALA LUMPUR, Jan 17 (Bernama) -- Guangdong is set to maintain its position as China’s top provincial economy in 2024, with its gross domestic product (GDP) projected to surpass 14 trillion Chinese yuan, according to the Guangdong Provincial People’s Congress report on Jan 15. (100 Chinese yuan = RM61.43)
1y ago
KUALA LUMPUR, Jan 17 (Bernama) -- Several trends in the technology and renewable energy sectors are expected to define Malaysia’s initial public offering (IPO) market in 2025, said Moomoo Securities Malaysia Sdn Bhd (Moomoo Malaysia).
1y ago
KUALA LUMPUR, Jan 16 (Bernama) -- Malaysia’s supply chain and logistics industry received a boost today as over 150 industry leaders convened for the “Future of Supply Chains: Optimising, Planning, and Automating for Success” forum, co-organised by the Malaysian Investment Development Authority (MIDA) and Ally Logistic Property (ALP).
1y ago
KUALA LUMPUR, Jan 16 (Bernama) -- Malaysia’s economic outlook for 2024 and beyond is increasingly positive as the country emerges as a beacon of growth and resilience in Southeast Asia, bolstered by its ASEAN Chairmanship in 2025.
1y ago
KUALA LUMPUR, Jan 16 (Bernama) -- Malaysia’s gross domestic product (GDP) growth is projected to remain resilient at 4.5 per cent in 2025 compared to 5.2 per cent in 2024, driven by strong export performance and sustained domestic demand, said OCBC senior ASEAN economist Lavanya Venkateswaran.
1y ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Jan 16 (Bernama) -- Bursa Malaysia gave up early gains to end at an intraday low on Thursday due to massive foreign selling, and bucking the regional trend in the process.
1y ago
PETALING JAYA, Jan 16 (Bernama) -- The United States (US) government’s potential restrictions on artificial intelligence (AI) chip exports will not affect existing data centres in Malaysia, according to Deputy Investment, Trade, and Industry Minister Liew Chin Tong.
1y ago
KUALA LUMPUR, Jan 16 (Bernama) -- A gradual salary increase will not lead to excessive inflationary pressures, UOB Kay Hian Wealth Advisors Sdn Bhd head of investment research Mohd Sedek Jantan said.
1y ago
KUALA LUMPUR, Jan 15 (Bernama) -- Fraser & Neave Holdings Bhd (KL:F&N) is well-capitalised to navigate rising energy and wage costs, said chief executive officer Lim Yew Hoe.
1y ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Jan 15 (Bernama) -- Bursa Malaysia reversed its early gains to close broadly lower, with over 900 stocks in the red, reflecting the continuous lack of confidence across the market.
1y ago
KUCHING, Jan 15 (Bernama) -- Sarawak Premier Tan Sri Abang Johari Tun Openg has expressed his appreciation to Prime Minister Datuk Seri Anwar Ibrahim for recognising Petroleum Sarawak Bhd (Petros) as the sole gas aggregator in Sarawak.
1y ago
PUTRAJAYA, Jan 15 (Bernama) -- The Malaysian Aviation Commission (MAVCOM) forecasts that Malaysia’s air passenger traffic will reach between 105.8 million and 112.9 million passengers this year, according to Transport Minister Anthony Loke.