CGS International Lifts Malaysia's 2025 GDP Growth Forecast To 4.7 Pct

KUALA LUMPUR, Oct 21 (Bernama) -- CGS International Securities Malaysia Sdn Bhd has revised its forecast for Malaysia’s gross domestic product (GDP) growth in 2025 higher to 4.7 per cent year-on-year (y-o-y) from 4.2 per cent, driven by the GDP growth momentum in the third quarter of 2025 (3Q 2025). 

Ringgit Opens Higher Vs Greenback

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Oct 17 (Bernama) -- The ringgit opened stronger against the US dollar on Friday, lifted by growing expectations of an imminent US interest rate cut and a broader risk-off mood in global markets.

MBSB IB Expects Malaysia's 2025 Retail Sales Growth To Moderate To 4.6 Pct

KUALA LUMPUR, Oct 10 (Bernama) -- Malaysia’s retail sales growth is expected to moderate to 4.6 per cent in 2025, compared to 5.5 per cent in 2024.

Midea Targets US$1.5 Bln Revenue In APAC By 2028

KUALA LUMPUR, Oct 9 (Bernama) -- Midea is building unstoppable momentum toward its ambition of becoming the world’s No.1 smart home appliance company with a target of US$1.5 billion sales revenue in Asia-Pacific (APAC) by 2028.

Niche Capital Allocates RM23.18 Mln To Advance KK Hill, Sokor Midland Gold Projects

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Oct 8 (Bernama) -- Niche Capital Emas Holdings Bhd (NICE) plans to allocate approximately RM23.18 million or 89 per cent of the total RM26.18 million raised from its private placement exercise to advance its mining business, particularly the KK Hill and Sokor Midland projects in Kelantan.

Rubber Market Expected To Trade Sideways On Slow Demand

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Oct 4 (Bernama) -- The Malaysian rubber market is expected to trade sideways next week due to slowing demand for commodities including rubber, said industry expert Denis Low.

ASEAN Must Boost Interdependence, Trade, Investments For Long-term Economic Survival

By Mikhail Raj Abdullah

KUALA LUMPUR, Sept 23 (Bernama) -- Malaysia's role as the chair of ASEAN in promoting trade and investment in Southeast Asia, as well as deepening integration through greater interdependence, is crucial for its long-term economic survival amid the uncertainties of the international marketplace.

FBG To Raise Funds For Medi-City Project Via Rights Issue

KUALA LUMPUR, Sept 18 (Bernama) -- FBG Holdings Bhd, a turnkey contractor and property developer, has proposed to undertake a renounceable rights issue with warrants to raise funds for its flagship Medi-City project.

Bursa Malaysia Reprimands Fitters, Fines Five Directors RM400,000 Each

KUALA LUMPUR, Sept 12 (Bernama) -- Bursa Malaysia Securities Bhd has publicly reprimanded Fitters Diversified Bhd and its five directors for breaching the Main Market Listing Requirements (Main LR).

Bursa Malaysia Opens Marginally Higher, Tracks Wall Street Rally

KUALA LUMPUR, Sept 10 (Bernama) -- Bursa Malaysia opened marginally higher on Wednesday, extending gains for a third straight session as it tracked Wall Street’s rally on hopes of a United States Federal Reserve (Fed) rate cut, while investors awaited key inflation data due today and tomorrow.

Affin, CGC Ink MoU To Provide RM500 Mln In Financing For MSMEs, Mid-tier Companies

KUCHING, Aug 25 (Bernama) -- Affin Group and Credit Guarantee Corporation Malaysia Bhd (CGC Malaysia) have signed a Memorandum of Understanding (MoU) to provide RM500 million in financing to support micro, small and medium enterprises (MSMEs) and mid-tier companies (MTCs) across Malaysia.

Ringgit Rises Vs Greenback As Fed Signals Sept Rate Cut

KUALA LUMPUR, Aug 25 (Bernama) -- The ringgit rebounded, opening higher against the US dollar on Monday after US Federal Reserve (Fed) chair Jerome Powell hinted at a possible interest rate cut in September.