1y ago
KUALA LUMPUR, Oct 1 (Bernama) -- Consumer counters are poised to benefit from lower costs of raw material imports and improved margins as the ringgit continues to strengthen, according to Bursa Malaysia Bhd.
1y ago
PUTRAJAYA, Oct 1 (Bernama) – Budget 2025 is set to see a substantial increase in allocations, driven by Malaysia's solid economic growth and rising government revenues, according to the deputy president of the Malaysian Economic Association, Professor Dr Yeah Kim Leng.
1y ago
KUALA LUMPUR, Sept 30 (Bernama) -- The ringgit extended last week's gains, opening stronger against the US dollar on Monday, supported by ongoing positive sentiment towards the local currency, an analyst said.
1y ago
By Siti Noor Afera Abu
KUALA LUMPUR, Sept 26 (Bernama) -- The ringgit eased against the US dollar at the close on Thursday due to profit-taking following its sharp gains earlier in the week, and on caution ahead of US personal consumption expenditures data tomorrow, according to an analyst.
1y ago
JAKARTA, Sept 25 (Bernama) -- The Asian Development Bank (ADB) has revised its economic growth forecast for developing Asia and the Pacific to 5.0 per cent this year, up from the previous estimate of 4.9 per cent in April.
1y ago
JAKARTA, Sept 25 (Bernama) -- The Asian Development Bank (ADB) has revised its economic growth forecast for developing Asia and the Pacific to 5.0 per cent this year, up from the previous estimate of 4.9 per cent in April.
1y ago
KUALA LUMPUR, Sept 23 (Bernama) -- Analysts expect headline inflation to trend between 2.0 per cent and 2.3 per cent year-on-year (yoy) for the rest of 2024.
1y ago
KUALA LUMPUR, Sept 20 (Bernama) -- Kenanga Investment Bank Bhd has maintained a positive outlook for exports, projecting a growth rate of 7.3 per cent for the year based on current indicators.
1y ago
KUALA LUMPUR, Sept 20 (Bernama) -- The Knowledge Hub (KH) session organised by the Malaysia External Trade Development Corporation (MATRADE) at the Malaysia International Halal Showcase (MIHAS) 2024 is crucial for local small and medium enterprises (SMEs) in shaping their export strategies, as they often operate with a domestic focus and limited resources.
1y ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Sept 19 (Bernama) -- Bank Negara Malaysia (BNM) is unlikely to move in direct lockstep with the US Federal Reserve’s (Fed) aggressive move which slashed interest rates by a half-point during its Federal Open Market Committee (FOMC) meeting yesterday.