1y ago
KUALA LUMPUR, Sept 26 (Bernama) -- Absolute poverty increased from 2019 to 2022, especially among urban households, rising to 4.5 per cent in 2022 from 3.8 per cent in 2019, according to a Khazanah Research Institute (KRI) report.
1y ago
KUALA LUMPUR, Sept 25 (Bernama) -- The ringgit has been rising steadily against the US dollar, notably since early July, following greater clarity of the interest rate path of developed countries, especially that of the United States, according to Bank Negara Malaysia (BNM).
1y ago
By Karina Imran
KUALA LUMPUR, Sept 25 (Bernama) -- Bursa Malaysia’s benchmark index rebounded on late buying to finish higher after falling into negative territory at midday amid dampened sentiment in the regional markets stemming from weaker United States (US) consumer confidence data.
1y ago
JAKARTA, Sept 25 (Bernama) -- The Asian Development Bank (ADB) has revised its economic growth forecast for developing Asia and the Pacific to 5.0 per cent this year, up from the previous estimate of 4.9 per cent in April.
1y ago
JAKARTA, Sept 25 (Bernama) -- The Asian Development Bank (ADB) has revised its economic growth forecast for developing Asia and the Pacific to 5.0 per cent this year, up from the previous estimate of 4.9 per cent in April.
1y ago
KUALA LUMPUR, Sept 25 (Bernama) -- RHB Investment Bank Bhd (RHB IB) has estimated a net development expenditure of around RM90 billion in Budget 2025 as Malaysia enters the final year of the 12th Malaysia Plan.
1y ago
KUALA LUMPUR, Sept 25 (Bernama) -- Bursa Malaysia extended its positive momentum this morning, buoyed by favourable global market sentiment, according to an analyst.
1y ago
KUALA LUMPUR, Sept 24 (Bernama) -- Budget 2025, to be tabled in the Dewan Rakyat on Oct 18, is expected to strike a balanced approach, combining fiscal sustainability with initiatives to drive economic development, said RHB Investment Bank (IB) Bhd.
1y ago
KUALA LUMPUR, Sept 24 (Bernama) -- The Export-Import Bank of Malaysia Bhd (EXIM Bank) has launched its EXIM Green Global Initiative, committing to mobilise up to RM1.5 billion in sustainable financing by 2027.
1y ago
KUALA LUMPUR, Sept 24 (Bernama) -- The Malaysian Consultative Council of Islamic Organisations (MAPIM) has called on all parties, regardless of political ideology, to support the MADANI Government’s efforts to revitalise and strengthen the national economy in the current situation where the ringgit continues to strengthen.
1y ago
GEORGE TOWN, Sept 24 (Bernama) -- Affin Bank Bhd expects Malaysia’s gross domestic product (GDP) growth to remain healthy at five per cent this year and 5.2 per cent next year amidst the low possibility of a global recession.
1y ago
By Karina Imran
KUALA LUMPUR, Sept 24 (Bernama) -- Bursa Malaysia ended the morning session in positive territory, aligning with regional peers and bolstered by new stimulus measures from China, according to an analyst.