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KUALA LUMPUR, May 20 (Bernama) -- Petronas Chemicals Group Bhd (PCG) reported a net loss of RM18 million in the first quarter ended March 31, 2025 (1Q 2025) due to unrealised foreign exchange losses, unfavourable net foreign exchange impact from the specialities segment, among others, despite recording a higher revenue of RM7.66 billion.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, May 17 (Bernama) -- The Malaysian rubber market is expected to track the performance of regional rubber futures markets, the strength of the ringgit against the United States (US) dollar, and benchmark crude oil prices, said a dealer.
KUALA LUMPUR, May 16 (Bernama) -- Headline inflation is expected to remain moderate at below three per cent in 2025, given the further easing in global cost conditions and the absence of excessive demand conditions, said Bank Negara Malaysia (BNM) Governor Datuk Abdul Rasheed Ghaffour.
By Rosemarie Khoo and Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, May 14 (Bernama) -- Malaysia’s first quarter (1Q) 2025 gross domestic product (GDP) figures are set to challenge market expectations as investors attempt to untangle a complex mix of past trade distortions and growing concerns over the country’s economic exposure to China.
KUALA LUMPUR, May 13 (Bernama) -- The latest United States (US)-China tariff rollback will impact Malaysia’s glove makers, delaying purchasing decisions due to ongoing uncertainty, said Maybank Investment Bank Bhd (Maybank IB).
By Siti Noor Afera Abu
KUALA LUMPUR, May 13 (Bernama) -- Bursa Malaysia ended the morning session higher as global markets see a strong risk-on push following bullish US-China trade talks.
By Karina Imran
KUALA LUMPUR, May 13 (Bernama) -- The United States (US)-China agreement to temporarily reduce tariff is broadly positive for the local equity market, as it reduces the risk of a US and global recession and leads to higher net foreign inflows, said CIMB Securities Sdn Bhd.
JOHOR BAHRU, May 9 (Bernama) – The Oryx Stainless Group, one of the world’s leading suppliers of recycled stainless steel raw materials headquartered in the Netherlands, has opened a new facility in Johor.
KUALA LUMPUR, May 9 (Bernama) -- The Real Estate and Housing Developers’ Association (REHDA) Malaysia said the revision of the Sewerage Capital Contribution (SCC) rates by the National Water Services Commission (SPAN) is expected to benefit the property development industry.
KUALA LUMPUR, May 9 (Bernama) -- The ringgit opened higher against the US dollar, supported by positive sentiment following developments in trade tariffs between key global economies, including China and the United Kingdom (UK), said an economist.
KUALA LUMPUR, May 6 (Bernama) -- The establishment of the National Geo-Economic Command Centre (NGCC) clearly demonstrates the government's commitment to safeguarding national interests and ensuring that Malaysia remains competitive on the global stage.
KUALA LUMPUR, May 6 (Bernama) – The Malaysian chapter of the ASEAN-Business Advisory Council (ASEAN-BAC) has complimented Prime Minister Datuk Seri Anwar Ibrahim’s leadership and the MADANI government in handling the United States (US) tariff issue in a calm and balanced manner and protecting national interests.
