1y ago
KUALA LUMPUR, Nov 22 (Bernama) -- Malaysian Rating Corporation Bhd (MARC Ratings) has projected that oil prices will likely range between US$65 (US$1=RM4.46) and US$75 per barrel in 2025.
1y ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Nov 21 (Bernama) -- Bursa Malaysia ended at its intraday low today, following a downturn in regional markets.
1y ago
From M. Saraswathi
RIO DE JANEIRO (Brazil), Nov 19 (Bernama) -- The largest South American country Brazil is strategically located for Malaysian semiconductor industry’s “Plus One” strategy to de-risk their supply chain resiliency.
1y ago
KUALA LUMPUR, Nov 18 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed higher on Monday, driven by increasing geopolitical tensions in the Middle East that increased investor demand.
1y ago
KUALA LUMPUR, Nov 15 -- The Malaysian economy expanded by 5.3 per cent in the third quarter of 2024 (3Q 2024), driven by strong investment activities and continued improvement in exports.
1y ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Nov 14 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives ended lower today, weighed down by the US dollar’s stronger performance and higher United States (US) treasury yields, said an analyst.
1y ago
KUALA LUMPUR, Nov 13 (Bernama) -- Johor Plantations Group Bhd’s net profit rose to RM77.11 million for the third quarter ended Sept 30, 2024 (3Q 2024) from RM68.28 million in the same period last year.
1y ago
KUALA LUMPUR, Nov 13 (Bernama) -- Malaysia Marine and Heavy Engineering Holdings Bhd (MMHE) returned to the black with a net profit of RM15.27 million in the third quarter ended Sept 30, 2024 (3Q 2024), compared to a net loss of RM105.21 million in 3Q 2023.
1y ago
KUALA LUMPUR, Nov 13 (Bernama) -- Malaysia’s gross domestic product (GDP) for the third quarter of 2024 (3Q 2024) is expected to moderate to 5.3 per cent year-on-year (y-o-y), supported by continued expansion across most sectors, particularly manufacturing and services, said Hong Leong Investment Bank Bhd (HLIB).
1y ago
From M. Saraswathi
LIMA (Peru), Nov 12 (Bernama) -- Economic and geopolitical factors are slowing growth in the Asia Pacific Economic Cooperation (APEC) region, which consists of 21 member economies, according to the APEC Regional Trends Analysis report.
1y ago
KUALA LUMPUR, Nov 11 (Bernama) -- The Employees Provident Fund’s (EPF) investment income rose by RM5 billion to RM19.67 billion in the third quarter (3Q) of 2024, from RM14.67 billion in 3Q 2023.
1y ago
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.