1y ago
KUALA LUMPUR, Jan 28 (Bernama) -- Analysts have maintained a positive outlook for Bursa Malaysia Bhd following the company's strong earnings in its financial year 2024.
1y ago
KUALA LUMPUR, Jan 24 (Bernama) -- Short-term interbank rates closed steady today following Bank Negara Malaysia’s (BNM) operations to absorb surplus liquidity from the financial system.
1y ago
KUALA LUMPUR, Jan 22 (Bernama) -- Malaysians’ quality of living is set to improve following next month’s minimum wage rise and civil service salary adjustment.
1y ago
KUALA LUMPUR, Jan 22 (Bernama) -- Gateway Development Alliance Sdn Bhd (GDA) and its shareholders (consortium) have refuted any suggestion that the offer for Malaysia Airports Holdings Bhd (MAHB) has been undertaken in anything other than full compliance with the Securities Commission Malaysia’s (SC) Rules on Takeovers, Mergers and Compulsory Acquisitions.
1y ago
KUALA LUMPUR, Jan 20 (Bernama) -- Gateway Development Alliance Sdn Bhd (GDA) and its shareholders (consortium) have reduced the acceptance condition of its offer to 85 per cent of Malaysia Airports Holdings Bhd’s (MAHB) total issued shares, enabling delisting of the airport operator.
1y ago
KUALA LUMPUR, Jan 17 (Bernama) -- The merger of the Civil Aviation Authority of Malaysia (CAAM) and the Malaysian Aviation Commission (MAVCOM) is expected in the second half of this year, CAAM chief executive officer Datuk Captain Norazman Mahmud said.
1y ago
KUALA LUMPUR, Jan 17 (Bernama) -- The financial industry received around 2.3 million complaints over the past five years, 98 per cent of which were related to the banking sector and the rest insurance and takaful-related.
1y ago
KUALA LUMPUR, Jan 16 (Bernama) -- Malaysia’s economic outlook for 2024 and beyond is increasingly positive as the country emerges as a beacon of growth and resilience in Southeast Asia, bolstered by its ASEAN Chairmanship in 2025.
1y ago
KUALA LUMPUR, Jan 16 (Bernama) -- Malaysia’s gross domestic product (GDP) growth is projected to remain resilient at 4.5 per cent in 2025 compared to 5.2 per cent in 2024, driven by strong export performance and sustained domestic demand, said OCBC senior ASEAN economist Lavanya Venkateswaran.
1y ago
KUALA LUMPUR, Jan 14 (Bernama) -- Standard Chartered (Stanchart) forecasts the ringgit to reach 4.40 against the US dollar by the end of 2025, maintaining a positive outlook due to favourable positioning for domestic financial assets.
1y ago
KUALA LUMPUR, Jan 13 (Bernama) -- Malaysia's gross domestic product (GDP) is expected to hold steady at five per cent in 2025, consistent with the government’s target of 4.5 to 5.5 per cent, according to CIMB Securities Sdn Bhd.
1y ago
KUALA LUMPUR, Jan 13 (Bernama) -- BMI, a unit of Fitch Solutions, has revised its end-2025 forecast for the ringgit to RM4.40 per US dollar (USD) from RM4.50 previously.