OCBC Cuts Malaysia’s 2025 GDP Forecast To 4.3 Pct

KUALA LUMPUR, April 22 (Bernama) -- OCBC Bank (Malaysia) Bhd has revised Malaysia’s gross domestic product (GDP) growth for 2025 to 4.3 per cent from 4.5 per cent on a weaker external demand outlook. 

Why America Excludes Sales, Services From Its Trade Deficits: Strategic Blind Spot In Asia

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.

Bursa Malaysia Up 1.09 Pct, CI A Whisker Away From Key 1,500 Level

By Abdul Hamid A Rahman

KUALA LUMPUR, April 18 (Bernama) -- Bursa Malaysia closed higher on the final trading day of the week, finishing just a whisker away from the psychological 1,500 mark, lifted by positive regional cues and improved investor sentiment.

Malaysia 1Q GDP Estimated To Expand 4.4 Pct, Driven By Domestic Activities, Steady Demand -- DOSM

KUALA LUMPUR, April 18 (Bernama) -- Malaysia's economy is forecast to grow by 4.4 per cent in the first quarter of 2025 (1Q 2025) based on advance estimates, easing from a five per cent expansion in the previous quarter, backed by domestic activities and steady demand, according to the Department of Statistics Malaysia (DOSM).

Kuaishou Unveils Kling AI 2.0: A Leap In Video Generation Technology

KUALA LUMPUR, April 16 (Bernama) -- Kuaishou Technology (Kuaishou), a content community and social platform, has unveiled Kling AI 2.0, an enhanced iteration of its artificial intelligence (AI)-driven video generation platform.

IATA Urges Govts To Scale Up SAF Production Through Policy Frameworks

KUALA LUMPUR, April 15 (Bernama) -- The International Air Transport Association (IATA) has urged governments to implement policy frameworks to scale up sustainable aviation fuel (SAF) production and reduce costs, saying that SAF volumes remain far below what is needed and production costs continue to be high.

Tun Abdullah's Leadership And Foresight Leave Lasting Impact On Malaysia's Economic Landscape

KUALA LUMPUR, April 14 (Bernama) -- Former Prime Minister Tun Abdullah Ahmad Badawi’s leadership and foresight were instrumental in laying the foundation for Malaysia’s economic corridor initiatives, which have left a lasting impact on the country’s economic landscape, said the East Coast Economic Region Development Council (ECERDC).

Bin Zayed International Acquires 28.89 Pct Stake In Turiya

KUALA LUMPUR, April 11 (Bernama) -- Global investment conglomerate Bin Zayed International Group of Companies (BZI), through its Singapore entity Bin Zayed (S) Pte Ltd, has acquired a substantial 28.89 per cent stake in Malaysian firm Turiya Bhd, listed on Bursa Malaysia.

Ringgit Remains Resilient Despite Uncertainties Due To US Tariffs - BNM

By Durratul Ain Ahmad Fuad and Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, April 10 (Bernama) -- Uncertainties in the foreign exchange market will continue to prevail until there is greater clarity on policy direction, particularly regarding the tariff lengths, said Bank Negara Malaysia (BNM) governor Datuk Seri Abdul Rasheed Ghaffour. 

Countries Should Use WTO Platform To Resolve Trade Issues, Problems - PM Anwar

By Nor Baizura Basri and Karina Imran

KUALA LUMPUR, April 10 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim strongly believes that trading countries should use the World Trade Organisation (WTO) platform to resolve trade issues and problems, including tariffs.

ASEAN To Be More Efficient For More Room On Tariff Negotiations -- Sri Mulyani

KUALA LUMPUR, April 10 (Bernama) -- ASEAN member states are focusing on eliminating distortions to be more efficient for more room on negotiations, as Washington expressed concerns about tariff and non-tariff barriers, says Indonesia Finance Minister Sri Mulyani Indrawati.

US Treasury Official Discusses Tariffs With ASEAN Officials 

By Harizah Hanim Mohamed

KUALA LUMPUR, April 7 (Bernama) -- United States (US) Department of the Treasury Deputy Assistant Secretary for Asia Robert Kaproth met with senior ASEAN officials here today to apprise them of the imposition of tariffs on 168 countries by the US.