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KUALA LUMPUR, March 24 (Bernama) -- Malaysia’s currency in circulation (CIC) rose by 5.5 per cent year-on-year to RM170.7 billion as of Dec 31, 2024, reversing a 0.2 per cent decline in 2023, where it stood at RM161.8 billion.
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KUALA LUMPUR, March 24 (Bernama) -- Bank Negara Malaysia (BNM) expects the country’s current account to remain resilient over the medium term, supported by robust manufacturing exports.
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KUALA LUMPUR, March 22 (Bernama) — Malaysia's economy is expected to expand by 4.5 per cent to 5.5 per cent in 2025, primarily driven by strong domestic demand and a robust investment landscape with exports expected to moderate amid heightened external uncertainties, Bank Negara Malaysia (BNM) said.
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KUALA LUMPUR, March 24 (Bernama) -- Bursa Malaysia ended the morning session higher, lifted by renewed buying interest in selected heavyweight banking and consumer product counters.
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KUALA LUMPUR, March 24 (Bernama) -- Foreign investors remained net sellers across eight Asian markets, with total outflows reaching US$564.9 million last week.
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KUALA LUMPUR, March 24 (Bernama) -- Alliance Bank Malaysia Bhd (ABMB) is on the right track to scale up operations following its proposal to undertake a rights issue to raise RM600 million to boost its diminishing common equity tier-1 (CET-1) of 12.4 per cent by +1.1 percentage points (ppts), CIMB Securities Sdn Bhd.
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By Abdul Hamid A Rahman
KUALA LUMPUR, March 24 (Bernama) -- Bursa Malaysia opened higher, tracking Wall Street’s strong overnight performance, but retreated soon after due to a lack of fresh catalysts.
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KUALA LUMPUR, March 24 (Bernama) -- The ringgit opened higher today on expectations that Malaysia will be among the least affected by the US government's implementation of reciprocal tariffs on April 2, given that the country is seen as having one of the lowest tariff rates.
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By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, March 23 (Bernama) -- Gold price is on fire! The precious metal continues to defy expectations, repeatedly smashing record highs as investors seek refuge from global economic turbulence.
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PUTRAJAYA, March 23 (Bernama) -- Consumers’ ability to repay debt from 'Buy Now, Pay Later' (BNPL) facilities is increasingly a concern, especially with the significant growth in BNPL transactions in Malaysia, thus raising concerns about the risks of high indebtedness and the importance of financial literacy.
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By Siti Radziah Hamzah
KUALA LUMPUR, March 22 (Bernama) -- Bursa Malaysia is expected to continue range-bound trading next week with a slight upward bias in the lead-up to Hari Raya holiday, said an analyst.
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KUALA LUMPUR, March 21 (Bernama) -- Bursa Malaysia’s benchmark index ended the day marginally higher supported by renewed buying interest in blue-chip stocks, said an analyst.