1y ago
KUALA LUMPUR, Jan 3 (Bernama) -- RHB Investment Bank Bhd (RHBIB) expects property sales to grow by 10 per cent year-on-year (y-o-y) in 2025 with some developers likely to focus on launching mid-range high-rise products to conserve landbanks and address potential affordability issue.
1y ago
KUALA LUMPUR, Jan 3 (Bernama) -- Bursa Malaysia rebounded to open higher on Friday, despite a weaker overnight US market.
1y ago
KUALA LUMPUR, Jan 2 (Bernama) -- Bursa Malaysia’s benchmark index ended the first trading day on a subdued note due to profit-taking activities following the year-end rally in the early part of the week and in line with most regional markets.
1y ago
KUALA LUMPUR, Jan 2 (Bernama) -- Bursa Malaysia remained lower at mid-afternoon in line with most regional markets amid weak sentiment ahead of the impending return of Donald Trump to the White House later this month.
1y ago
KUALA LUMPUR, Jan 2 (Bernama) -- AmInvestment Bank Bhd projects that mandatory Employees Provident Fund (EPF) contributions for non-citizen employees could channel up to RM1.7 billion in additional annual inflows into Malaysia’s domestic equity market.
1y ago
KUALA LUMPUR, Jan 2 (Bernama) -- Bursa Malaysia ended the morning session on a negative note, amidst a lower purchasing managers’ index (PMI) for December and weak Wall Street performance.
1y ago
KUALA LUMPUR, Jan 2 (Bernama) -- Maybank Investment Bank Bhd (Maybank IB) expects crude palm oil (CPO) average selling prices (ASP) to range between RM4,500 and RM5,000 per tonne in the first quarter of 2025 (1Q 2025).
1y ago
KUALA LUMPUR, Jan 2 (Bernama) -- Maybank Investment Bank Bhd (Maybank IB) expects Brent crude oil prices to be volatile and weaker this year, averaging at US$70 per barrel compared to US$80 per barrel last year.
1y ago
KUALA LUMPUR, Jan 2 (Bernama) -- Malaysia's economic growth is expected to moderate to 4.9 per cent in 2025, slightly above the official target range of 4.5 per cent to 5.5 per cent, taking into account the impact of domestic policies and external challenges, said KSI Strategic Institute for Asia Pacific (KSI).
1y ago
KUALA LUMPUR, Jan 2 (Bernama) -- Bursa Malaysia’s benchmark index started the year on a subdued note, tracking the overnight decline in the US market.
1y ago
KUALA LUMPUR, Jan 2 (Bernama) -- The ringgit opened lower against the US dollar on the first trading day of the year, weighed by market concerns over the US Federal Reserve’s (Fed) potential decision to cut interest rates in 2025.
1y ago
By Nurul Jannah Kamaruddin and Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Jan 1 (Bernama) -- Building on its strong economic performance in 2024, Malaysia is poised to maintain its growth momentum into 2025, with the gross domestic product (GDP) projected to expand by up to 6.0 per cent, said an economist.