LATEST NEWS   Sinkhole in Wangsa Maju believed to be due to utility maintenance work, closed for two weeks - KL Mayor | Affin Bank expects the ringgit to strengthen to RM3.80 against the US dollar by year-end -- President and Group CEO | Malaysia’s inflation is expected to remain manageable at around 1.7 pct this year, although supply-side uncertainties may sustain price pressures -- Affin Bank | Anti-ship missile for LCS to be discussed with Norway later this month - Khaled Nordin | Affin Bank projects Malaysia’s GDP growth at 4.8 pct in 2026 if the war ends by June, supported by stable domestic demand, stronger investment and continued reforms | 

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IMF Sees Malaysia Growing 4.7 Pct In 2025, Urges Sustained Fiscal Consolidation

KUALA LUMPUR, March 4 (Bernama) -- Malaysia’s strong growth momentum is expected to continue in the near term, with the economy projected to expand by 4.7 per cent this year, the International Monetary Fund (IMF) said.  

Bursa Malaysia Ends Morning Trading Session In Positive Territory 

KUALA LUMPUR, Feb 26 (Bernama) -- Bursa Malaysia maintained its upward momentum to end the morning trading session in positive territory, buoyed by improved sentiment and buying in selected heavyweights. 

Strengthen Regional Ties, Boost Investment To Counter US Tariff Impact, ESCAP Chief Tells ASEAN

KUALA LUMPUR, Feb 23 (Bernama) -- The head of a key intergovernmental platform in the Asia-Pacific has urged Southeast Asian economies to strengthen regional cooperation and boost investment to cushion against the fallout from US President Donald Trump’s move to impose steep tariffs on imports from China, Canada and Mexico.

GDP Growth Across Asia-pacific Region Expected To Slow To 3.7 Pct This Year -- Moody's Analytics

KUALA LUMPUR, Feb 19 (Bernama) -- Gross domestic product (GDP) growth across the Asia-Pacific (APAC) region is expected to slow to 3.7 per cent in 2025 from an estimated 3.9 per cent in 2024 on trade tensions, policy shifts and uneven recoveries.

Malaysia Can Drive ASEAN-China Synergies In Achieving Asian Century - Tengku Zafrul

KUALA LUMPUR, Feb 17 (Bernama) — Malaysia could drive ASEAN-China synergies to achieve the Asian Century, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.

Ringgit Falls Against US Dollar Amid US Tariff Hikes On Canada, Mexico, And China

By Siti Radziah Hamzah

KUALA LUMPUR, Feb 3 (Bernama) -- The ringgit weakened against the US dollar on Monday, primarily due to the latest tariff imposition by the United States on Canada, Mexico, and China, according to analysts.

Global Air Passenger Demand Rises 10.4 Pct To Hit Record High In 2024 – IATA

KUALA LUMPUR, Jan 31 (Bernama) -- Global air passenger demand reached a record high in 2024, with total traffic rising 10.4 per cent compared to the previous year, according to the International Air Transport Association (IATA).

KL Rubber Market Higher, Bouyed By Regional Futures Uptrend

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Jan 14 (Bernama) -- The Kuala Lumpur rubber market was higher today, supported by the uptrend in the regional rubber futures markets, said a dealer. 

FBM KLCI Rebounds On Bargain Hunting In Banking, Telco Stocks

By Siti Noor Afera Abu

KUALA LUMPUR, Jan 10 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) recovered from yesterday's losses to close marginally higher on Friday, driven by bargain hunting in banking and telecommunications stocks, despite the downbeat performance in regional bourses.

Ringgit Closes Lower AS Greenback Demand Rises Amid Global Uncertainties

By Zufazlin Baharuddin

KUALA LUMPUR, Dec 31 (Bernama) -- The ringgit closed lower against the US dollar on the last trading day of 2024 on rising demand for the safe-haven currency amid ongoing global economic uncertainties.

ASEAN Chairmanship In 2025 Marks Pivotal Moment For Malaysia

By Siti Radziah Hamzah

KUALA LUMPUR, Dec 22 (Bernama) -- In less than two weeks, Malaysia will take on the ASEAN chairmanship in January 2025, marking a pivotal moment for the country.

No Major Changes In Us-Malaysia Economic Relations - Ambassador

GEORGE TOWN, Dec 5 (Bernama) -- There will not be any major changes in the economic relations between the United States (US) and Malaysia under the new leadership, said US Ambassador to Malaysia Edgard D Kagan.