1y ago
KUALA LUMPUR, Jan 22 (Bernama) -- Bank Negara Malaysia (BNM) has kept the overnight policy rate (OPR) at 3.00 per cent this year as the current setting remains accommodative to sustainable economic growth, said MIDF Amanah Investment Bank Bhd (MIDF).
1y ago
DAVOS (Switzerland), Jan 22 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim reiterated Malaysia’s commitment to the Paris Agreement, highlighting the country’s willingness to take bold and tough measures to value humanity and preserve sustainability.
1y ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Jan 22 (Bernama) -- The ringgit closed higher against the US dollar on Wednesday, supported by data showing a decline in Malaysia’s inflation rate, said an economist.
1y ago
DAVOS (Switzerland), Jan 22 (Bernama) -- Malaysia's political stability and clear policy prescriptions in the MADANI Economy framework have encouraged big players in the artificial intelligence (AI) industry, including semiconductor companies, to invest in the country.
1y ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Jan 22 (Bernama) -- Bank Negara Malaysia's (BNM) strategy to maintain the Overnight Policy Rate (OPR) at 3.0 per cent today is meticulously crafted, emphasising sustained economic growth while keenly monitoring the ebb and flow of global financial and geopolitical developments, said economists.
1y ago
KUALA LUMPUR, Jan 22 (Bernama) -- ASEAN data centre revenue is expected to see a 20 per cent compound annual growth rate (CAGR) by 2028, according to Maybank Investment Bank Bhd (Maybank IB).
1y ago
KUALA LUMPUR, Jan 22 (Bernama) -- The ringgit opened stronger for the third consecutive day against the greenback, supported by a decline in the US Dollar Index (DXY) as investors awaited further cues from the White House regarding developments in trade policy.
1y ago
KUALA LUMPUR, Jan 21 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed higher today despite a minor decline in the United States COMEX gold market.
1y ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Jan 21 (Bernama) -- The ringgit ended higher against the US dollar today, primarily driven by the United States (US) President Donald Trump's inauguration speech, said an economist.
1y ago
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Jan 21 (Bernama) -- The local rubber market ended higher on Tuesday in line with most of its regional peers as sentiment was lifted after the United States (US) delayed imposing tariffs on China, a dealer said.
1y ago
KUALA LUMPUR, Jan 21 (Bernama) -- Maybank Investment Bank Bhd (Maybank IB) forecast a 41 per cent gateway container mix for Westports Holdings Bhd in financial year 2025 (FY2025), compared to 45 per cent recorded in the third quarter last year, with a tariff hike anticipated in FY2027.
1y ago
KUALA LUMPUR, Jan 21 (Bernama) -- Bursa Malaysia maintained its uptrend at midday, supported by buying activity in selected heavyweight stocks, particularly in industrial products and services, utilities, and financial services.