Ringgit Likely To Stay Weaker Next Week Amid US-China Trade Deal Optimism

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, May 10 (Bernama) -- The ringgit is expected to stay weaker in the near term, given the optimism that a trade deal between the United States (US) and China, and perhaps the rest of the world, would be achieved within the 90-day pause period.

Intra-Asia Trade Boosts Westports Net Profit By Nine Pct To RM222 Mln In First Quarter

KUALA LUMPUR, May 9 (Bernama) -- Westports Holdings Bhd's net profit for the first quarter ended March 31, 2025 (1Q FY2025) rose by nine per cent to RM222.46 million, compared with RM204.51 million recorded in the same quarter a year ago.

Malaysia’s Construction Sector Grows 16.6 Pct In 1Q 2025, Hits RM42.9 Bln - DOSM

KUALA LUMPUR, May 9 (Bernama) -- Malaysia’s construction sector recorded a 16.6 per cent year-on-year (y-o-y) increase in the value of work done to RM42.9 billion in the first quarter of 2025 (1Q 2025), according to the Department of Statistics Malaysia (DOSM).

LREIT Posts Strong Q3 Rental Reversions

KUALA LUMPUR, May 9 (Bernama) -- Lendlease Global Commercial REIT (LREIT) reported a positive rental reversion of 10.4 per cent for its retail portfolio in the third quarter (Q3) ended March 31, 2025, with a healthy tenant retention rate of 87.9 per cent by net lettable area (NLA), despite a softer retail climate.

Economy Continues To Grow Despite Tariff Uncertainties - BNM Governor

KUALA LUMPUR, May 8 (Bernama) -- Following is the transcript of Bernama’s email interview with Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour on the Overnight Policy Rate (OPR) and Statutory Reserve Requirement (SRR). 

BNM Maintains OPR At 3.0 Pct, Global Growth To Continue

KUALA LUMPUR, May 8 (Bernama) -- Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) has maintained the overnight policy rate (OPR) at 3.0 per cent.

Malaysia’s IPI Rises 3.2 Pct In March 2025

KUALA LUMPUR, May 8 (Bernama) -- Malaysia’s Industrial Production Index (IPI) rose 3.2 per cent year-on-year (y-o-y) in March 2025, according to the Department of Statistics Malaysia (DOSM).

Manufacturing Sector Sales Value Rises 3.7 Pct Y-O-Y At RM164.3 Bln In March 2025 -- DOSM

KUALA LUMPUR, May 8 (Bernama) -- Malaysia’s manufacturing sector sales value rose 3.7 per cent year-on-year (y-o-y) at RM164.3 billion in March 2025 as compared to a 4.7 per cent y-o-y growth at RM153.1 billion in February 2025, according to the Department of Statistics Malaysia (DOSM).

Malaysia's Services Producer Price Index Up By 0.6 Pct In 1Q 2025 - DOSM

KUALA LUMPUR, May 8 (Bernama) -- Malaysia's services producer price index (SPPI) rises by 0.6 per cent year-on-year (y-o-y) in the first quarter of 2025 (1Q 2025) compared to 0.5 per cent y-o-y in 4Q 2024, according to the Department of Statistics Malaysia (DOSM).

Pharmaniaga Records Higher Net Profit In 1Q

KUALA LUMPUR, May 7 (Bernama) -- Pharmaniaga Bhd recorded a net profit of RM29.58 million in the first quarter ended March 31, 2025 (1Q), up from RM25.65 million in the same period last year.

Ingredion Boosts Forecast As Profit Climbs, Sales Slip

KUALA LUMPUR, May 7 (Bernama) -- Ingredion Incorporated reported a four per cent drop in first-quarter net sales from US$1.882 billion in 2024 to US$1.813 billion in 2025, weighed down by lower pricing, currency headwinds, and a prior divestiture. (US$1=RM4.21)

Malaysia Will Continue To Focus On New Markets, Allocate Funds To Explore New Markets -- Tengku Zafrul

KUALA LUMPUR, May 6 (Bernama) -- Malaysia will continue to focus on new markets while exploring non-traditional markets to ensure the country’s economic and trade interests remain strong, said Investment, Trade, and Industry (MITI) Minister Tengku Datuk Seri Zafrul Abdul Aziz.