1y ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Oct 23 (Bernama) -- The retail industry is expected to bounce back in the remaining months of this year after experiencing weaker market growth in the last two months, said Malayan United Industries Bhd (MUI Group).
1y ago
KUALA LUMPUR, Oct 22 (Bernama) -- Budget 2025 has set aside sizable funds, both fiscal and non-fiscal, towards ensuring the success of the National Semiconductor Strategy (NSS), which is part of the New Industrial Master Plan 2030 (NIMP 2030).
1y ago
KUALA LUMPUR, Oct 21 (Bernama) -- The measures outlined in Budget 2025 aim to reshape the economy by fostering growth and attracting quality investments while balancing fiscal consolidation, "raising the ceiling" for economic growth, and "raising the floor" to elevate living standards, according to analysts.
1y ago
By Afifitri Muhammad
KUALA LUMPUR, Oct 17 (Bernama) -- Malaysia is expected to sign a free trade agreement (FTA) with the United Arab Emirates (UAE) by the end of this year, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.
1y ago
By Kisho Kumari Sucedaram
MANILA, Oct 17 (Bernama) -- Cebu Pacific, the Philippines’s low-cost carrier, is poised for significant growth next year, buoyed by declining fuel prices, appreciation of the Philippine peso and strategic expansion of its fleet and route network.
1y ago
KUALA LUMPUR, Oct 16 (Bernama) -- AirAsia X Bhd’s (AAX) shareholders have approved and expressed strong support for the proposed acquisition of Capital A’s entire equity interest in the aviation business within AirAsia Aviation Group Ltd (AAAGL) and AirAsia Bhd (AAB) for RM6.8 billion.
1y ago
KUALA LUMPUR, Oct 15 (Bernama) -- Capital A Bhd is poised to be in a positive equity position and optimistic about exiting its Practice Note 17 (PN17) status by the end of December this year, according to chief executive officer Tan Sri Tony Fernandes.
1y ago
KUALA LUMPUR, Oct 8 (Bernama) -- Bank Negara Malaysia (BNM) is likely to keep the overnight policy rate (OPR) unchanged for the next 12 to 15 months, with inflation pressures subdued and the economic outlook stable, said Kenanga Investment Bank Bhd (Kenanga).
1y ago
By Wong Chun Wai
KUALA LUMPUR, Sept 29 (Bernama) -- It has been a while since Malaysians began to feel some pride. Certainly, the strengthening of the ringgit against the dollar has made a big impact on national confidence.
1y ago
KUALA LUMPUR, Sept 27 (Bernama) -- TikTok Shop saw a 2.2 times growth in sales, a 1.8 times increase in sellers, and a 1.8 times rise in affiliate creators year-over-year in the first half (1H) of 2024.
1y ago
KUALA LUMPUR, Sept 26 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) has launched the Circular Economy Policy Framework with the aim of reformulating fossil-fuel-based industrial models and catalysing green growth practices across the manufacturing value chain.
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.