28d ago
KUALA LUMPUR, Nov 21 (Bernama) -- Kenanga Investment Bank Bhd has lowered its 2025 inflation forecast to 1.4 per cent from 1.5 per cent (2024: 1.8 per cent), driven by the deflationary effects of Budi95.
29d ago
KUALA LUMPUR, Nov 20 (Bernama) -- Affin Bank Bhd’s net profit for the third quarter ended Sept 30, 2025 (3Q 2025) slid to RM144.99 million from RM145.82 million a year ago.
1m ago
KUALA LUMPUR, Nov 19 (Bernama) -- OCBC expects a 25 basis point (bp) rate cut from Bank Negara Malaysia (BNM) next year, likely in the second quarter of 2026 (2Q 2026).
1m ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Nov 15 (Bernama) -- The ringgit is expected to trade within the 4.10-4.15 range against the US dollar next week, supported by Malaysia’s resilient macroeconomic fundamentals amid shifting expectations over the United States’ monetary policy.
1m ago
By Anas Abu Hassan
KUALA LUMPUR, Nov 14 (Bernama) -- Malaysia’s third quarter (3Q) economic growth is a testament that domestic momentum is strengthening the economy even as external conditions remain uneven, said an economist.
1m ago
KUALA LUMPUR, Nov 14 (Bernama) -- The current overnight policy rate (OPR) of 2.75 per cent remains supportive and appropriate given Malaysia’s economic conditions and stable inflation environment, said Bank Negara Malaysia (BNM) governor Datuk Seri Abdul Rasheed Ghaffour.
1m ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Nov 12 (Bernama) -- The ringgit closed marginally higher against the US dollar today, extending its rally for the seventh consecutive trading day, as investors remained positive ahead of the United States government reopening vote.
1m ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Nov 11 (Bernama) -- The ringgit extended its uptrend to close higher for the sixth consecutive day today, supported by renewed optimism over a possible interest rate cut by the United States Federal Reserve (Fed).
1m ago
KUALA LUMPUR, Nov 10 (Bernama) -- The ringgit continued its strong footing by opening higher and touched the 4.16 level versus greenback on Monday buoyed by continuous buying interest in the local note.
1m ago
By Zufazlin Baharuddin
KUALA LUMPUR, Nov 7 (Bernama) -- The ringgit continued to rise against the US dollar at the close on Friday, touching the 4.17 level -- its strongest level so far this year -- driven by positive Malaysian economic data, steady Overnight Policy Rate (OPR) and weaker US economic data.
1m ago
KUALA LUMPUR, Nov 7 (Bernama) -- The ringgit opened higher against the US dollar on Friday, after Bank Negara Malaysia (BNM) kept the overnight policy rate (OPR) unchanged at 2.75 per cent, touching the 4.17 level.
1m ago
By Zufazlin Baharuddin
KUALA LUMPUR, Nov 6 (Bernama) -- The ringgit closed higher on Thursday, remaining steady at the 4.18 level after Bank Negara Malaysia (BNM) maintained the Overnight Policy Rate (OPR) at 2.75 per cent during its final Monetary Policy Committee (MPC) meeting of 2025.