1y ago
KUALA LUMPUR, Oct 18 (Bernama) -- Budget 2025 worth RM421 billion, the biggest in history, is strategically aligned with the MADANI Economy framework, focuses on attracting high-quality investments, stimulating business opportunities, undertaking projects for the wellbeing of the rakyat and not impacting their affordability in purchasing essential goods and services.
1y ago
KUALA LUMPUR, Oct 18 (Bernama) -- The global economic outlook is expected to improve steadily next year, which will indirectly help boost trade and local demand for goods and services.
1y ago
KUALA LUMPUR, Oct 18 (Bernama) — Malaysia’s strong economic fundamentals and favourable growth prospects will enable the country to attract high-quality investments and position Malaysia as a preferred destination for investors.
1y ago
KUALA LUMPUR, Oct 18 (Bernama) -- Malaysia's economy is projected to grow between 4.5 per cent and 5.5 per cent in 2025, against 4.8 per cent and 5.3 per cent in 2024, said the Ministry of Finance (MoF).
1y ago
KUALA LUMPUR, Oct 18 (Bernama) -- RHB Investment Bank (RHB IB) maintained its “neutral” call on the transportation sector despite ocean freight capacity shortage anticipated to persist in the near term and air cargo is expecting a strong peak season driven by holiday demand.
1y ago
KUALA LUMPUR, Oct 18 (Bernama) -- Bursa Malaysia was higher across the board at midday today, in line with most regional peers and tracking Wall Street’s positive overnight performance, said an analyst.
1y ago
KUALA LUMPUR, Oct 18 (Bernama) -- Malaysia’s trade from January to September 2024 rose 10.2 per cent to RM2.139 trillion, surpassing the RM2 trillion threshold in just nine months, compared to 10 months in 2023, said the Ministry of Investment, Trade and Industry (MITI).
1y ago
By Abdul Hamid A Rahman and Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Oct 17 (Bernama) -- The continuity of major infrastructure projects under Prime Minister Datuk Seri Anwar Ibrahim's MADANI government is poised to generate substantial spillover effects across the economy, fostering job creation, attracting investments, and enhancing connectivity, according to experts.
1y ago
KUALA LUMPUR, Oct 17 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives closed higher on Wednesday, tracking the underlying cash market’s performance.
1y ago
By Danni Haizal Danial Donald
KUALA LUMPUR, Oct 17 (Bernama) -- The Kuala Lumpur rubber market ended slightly higher on Thursday, supported by gains in the benchmark crude oil prices and weaker ringgit against the United States (US) dollar, a dealer said.
1y ago
KUALA LUMPUR, Oct 17 (Bernama) -- The global initial public offering (IPO) market is projected to be influenced by central bank policies, geopolitical development and key election outcomes for the remainder of 2024, said Ernst & Young Consulting Sdn Bhd (EY).
1y ago
KUALA LUMPUR, Oct 17 (Bernama) -- Bursa Malaysia opened higher as mild bargain hunting emerged in most heavyweights led by consumer and industrial products and services stocks, said an analyst.