Bursa Malaysia To Trade On Cautious Mode Next Week As Investors Digest Budget 2025

KUALA LUMPUR, Oct 19 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) is expected to hold steady within a narrow band of 1,655 to 1,665 as investors digest the national Budget 2025 announcement by Prime Minister Datuk Seri Anwar Ibrahim on Friday.

Govt Proposes To Raise WPL Threshold For Oil Palm FFB

KUALA LUMPUR, Oct 18 (Bernama) – The government is proposing to raise the windfall profit levy (WPL) threshold for oil palm fresh fruit bunches (FFB) to RM3,150 for Peninsular Malaysia and RM3,650 for Sabah and Sarawak.

Export Duty Rates For CPO Revised To Ensure Domestic Supply - MOF

KUALA LUMPUR, Oct 18 (Bernama) -- The export duty rates for crude palm oil (CPO) have been revised to ensure an adequate domestic supply of the commodity.

RM65 Mln Allocation To Help Smallholders Obtain MSPO Certification - Johari

KUALA LUMPUR, Oct 18 (Bernama) -- The RM65 million allocation through Budget 2025 is expected to provide a boost for more smallholders to obtain the Malaysian Sustainable Palm Oil (MSPO) Certification, said Commodities and Plantations Minister, Datuk Seri Johari Abdul Ghani.

Federal Govt Revenue to Grow 5.5 pct To RM339.7 Bln In 2025 -- MoF Report

KUALA LUMPUR, Oct 18 (Bernama) -- The federal government revenue is estimated to grow 5.5 per cent to RM339.7 billion next year from the RM322.1 billion expected in 2024, in tandem with a better economic outlook next year, said the Finance Ministry (MoF).

Budget 2025 Allocates RM421 Bln, 3.3 Pct increase From Last Year's Allocation

KUALA LUMPUR, Oct 18 (Bernama) – The government has allocated RM421 billion, or 20.2 per cent of the gross domestic product (GDP), for Budget 2025, a 3.3 per cent rise from RM407.5 billion in the revised Budget 2024.

Malaysia's Economy To Grow 4.5 -5.5 Pct In 2025 - MOF

KUALA LUMPUR, Oct 18 (Bernama) -- Malaysia's economy is projected to grow between 4.5 per cent and 5.5 per cent in 2025, against 4.8 per cent and 5.3 per cent in 2024, said the Ministry of Finance (MoF).   

MAVCOM On Track To Meet Passenger Traffic forecast Of Up To 97.6 Million This Year

KUALA LUMPUR, Oct 16 (Bernama) -- The Malaysian Aviation Commission (MAVCOM) is expected to meet its narrowed down passenger traffic forecast of between 95.4 million and 97.6 million passengers this year supported by the continued robust recovery of the Malaysian aviation sector in the first six months of 2024 (1H2024).

RHB Bank Net Interest Margin Seen Higher In Third Quarter

KUALA LUMPUR, Oct 10 (Bernama) -- RHB Bank Bhd’s net interest margin (NIM) for the third quarter of 2024 (3Q2024) is expected to surpass the 1.89 per cent recorded in the second quarter, driven by a recent 10 basis points (bps) reduction in board fixed deposit rates and easing deposit competition, among other factors.

Ringgit Down Amid Rising US Yields, Uncertainty Over Rate Cuts

By Siti Noor Afera Abu

KUALA LUMPUR, Oct 8 (Bernama) --The ringgit closed slightly lower against the US dollar, as the sharp increase in US Treasury yields stoked caution among traders and markets regarding the likelihood of future US rate cuts.

OPR Likely To Be Unchanged; Ringgit Forecast At 4.25 vs USD Year-end - Kenanga

KUALA LUMPUR, Oct 8 (Bernama) -- Bank Negara Malaysia (BNM) is likely to keep the overnight policy rate (OPR) unchanged for the next 12 to 15 months, with inflation pressures subdued and the economic outlook stable, said Kenanga Investment Bank Bhd (Kenanga).

Ringgit Opens Marginally Higher Vs US Dollar As Traders Assess Feds Next Move

By Harizah Hanim Mohamed

KUALA LUMPUR, Oct 7 (Bernama) -- The ringgit opened marginally higher on Monday amid weak sentiment as traders reassessed their stance on the United States Federal Reserve (US Fed) possibly taking more time to reduce interest rates, an economist said.