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KUALA LUMPUR, April 23 (Bernama) -- The International Monetary Fund has downgraded Malaysia’s real gross domestic product (GDP) growth forecast for 2025 to 4.1 per cent, from 4.7 per cent previously, reflecting a broader downward revision across the region.
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KUALA LUMPUR, April 22 (Bernama) -- The Malaysian construction sector is largely insulated from the direct impact of Liberation Day, which brought tariffs to over 180 trading partners, with reciprocal rates ranging between 10 and 49 per cent across ASEAN.
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GEORGE TOWN, April 21 (Bernama) -- Human Resources Minister Steven Sim Chee Keong has called on Penang’s semiconductor and advanced technology industries to reimagine the state’s future amid global economic uncertainty, urging a bold shift from a traditional manufacturing hub to a high-value, innovation-driven economy.
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KUALA LUMPUR, April 21 (Bernama) -- Cahya Mata Sarawak Bhd’s 51 per cent owned subsidiary, CMS Land Sdn Bhd, has won a RM550 million design and build contract from the Sarawak state government to develop the Borneo Convention Centre Kuching II at Muara Tebas District, Kuching, Sarawak.
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KUALA LUMPUR, April 21 (Bernama) -- CGS International Securities Malaysia Sdn Bhd has revised Malaysia’s 2025 gross domestic product (GDP) growth forecast to 4.2 per cent year-on-year (y-o-y) from 4.6 per cent previously, below the official 4.5-5.5 per cent estimate.
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By Harizah Hanim Mohamed
KUALA LUMPUR, April 20 (Bernama) – Multinational logistics company DP World is deepening its presence in ASEAN to capitalise on Southeast Asia’s emergence as a key offshore manufacturing base for Chinese companies.
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KUALA LUMPUR, April 19 (Bernama) -- In the calculus of international trade, perception is power. Nowhere is this more evident than in the way the United States (US) calculates and presents its trade deficit.
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KUALA LUMPUR, April 18 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim’s working visit to Thailand which ended today has attracted potential exports worth RM1.07 billion, including products such as automotive parts, construction, oil and gas, energy, and medical devices.
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By Danni Haizal Danial Donald
KUALA LUMPUR, April 17 (Bernama) -- The ringgit closed marginally higher against the US dollar today, driven by a weaker greenback amid global trade tensions, said an analyst.
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By Siti Radziah Hamzah
KUALA LUMPUR, April 17 (Bernama) -- Chinese President Xi Jinping’s visit elevates Malaysia’s role as a middle power, integrated into both United States and China supply chains, with room to manoeuvre as trade tensions between Washington and Beijing continue to escalate.
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KUALA LUMPUR, April 17 (Bernama) -- Export-Import Bank of Malaysia Bhd (EXIM Bank) has strengthened Malaysia’s global trade with the signing of a US$20 million (RM87.80 million) supplier financing facility agreement with Pertama Ferroalloys Sdn Bhd to support the expansion of the company’s production capacity in Bintulu, Sarawak.
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PUTRAJAYA, April 16 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has reiterated that China remains Malaysia's most significant trading partner, more so with the global trading system being thrown into disarray and market access being weaponised following the imposition of debilitating tariffs on 168 countries including both Malaysia and China.