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KUALA LUMPUR, Nov 7 (Bernama) -- Malaysia stands ready for a new era of investment, supported by a clear vision for economic transformation and a commitment to attracting investments aligned with the nation’s high-growth and sustainable future, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
KUALA LUMPUR, Nov 7 (Bernama) -- The narrowing of interest rate differentials between Malaysia and advanced economies is positive for the ringgit amid volatility in geopolitical developments, said Bank Negara Malaysia (BNM).
KUALA LUMPUR, Nov 7 (Bernama) -- Malaysia would be wise to prepare contingency measures in anticipation of potential US policy shifts and targeted tariffs under a Trump 2.0 administration, said SPI Asset Management managing partner Stephen Innes.
KUALA LUMPUR, Nov 7 (Bernama) -- Donald Trump’s re-election as the United States (US) President is expected to accelerate the China Plus One strategy, benefitting Malaysia through higher investments and enhanced export potential, particularly in sectors such as electronics, machinery, and palm oil.
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.
KUALA LUMPUR, Nov 7 (Bernama) -- Malaysia's wholesale and retail trade sector recorded a 3.8 per cent year-on-year (y-o-y) growth in September 2024, achieving total sales of RM148.2 billion, said the Department of Statistics Malaysia (DOSM).
KUALA LUMPUR, Nov 7 (Bernama) -- Services sector revenue in Malaysia grew by 5.9 per cent year-on-year (y-o-y) in the third quarter of 2024 (3Q 2024), reaching RM618.5 billion, according to the Department of Statistics Malaysia (DOSM).
KUALA LUMPUR, Nov 7 (Bernama) -- Amid ongoing economic challenges, Public Investment Bank (IB) Bhd anticipates Bank Negara Malaysia (BNM) will maintain a cautious stance through 2025, likely holding the overnight policy rate (OPR) steady at 3.00 per cent for the year.
KUALA LUMPUR, Nov 7 (Bernama) -- The ringgit opened slightly higher against the greenback, while the US Dollar Index rose to 105.009 points, a 1.5 per cent increase from the previous day’s close.
KUALA LUMPUR, Nov 6 (Bernama) -- RHB Investment Bank Bhd has maintained Malaysia’s 2025 gross domestic product (GDP) growth forecast at 5.0 per cent based on global assumptions for a Goldilocks backdrop following Donald Trump’s victory in the United States (US) presidential elections.
By Harizah Hanim Mohamed
KUALA LUMPUR, Nov 6 (Bernama) -- Bank Negara Malaysia’s (BNM) decision to maintain the overnight policy rate at 3.00 per cent at its final Monetary Policy Committee (MPC) meeting of the year reflects the central bank’s support for domestic economic growth.
BARCELONA, Nov 6 (Bernama) -- Digital Minister Gobind Singh Deo engaged with representatives from the European Union (EU) to share initiatives concerning Malaysia’s journey to develop digital and smart cities that enhance people’s lives.
