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KUALA LUMPUR, April 24 (Bernama) -- CIMB Investment Bank Bhd (CIMB) expects Bank Negara Malaysia (BNM) to cut the overnight policy rate (OPR) by 25 basis points to 2.75 per cent in July, citing growth concerns following tariffs imposed by the United States (US) on Malaysia and its key trading partners.
KUALA LUMPUR, April 23 (Bernama) -- IGB Real Estate Investment Trust (REIT) posted a higher net profit of RM106.58 million for the first quarter ended March 31, 2025 (1Q 2025) from RM99.61 million in 1Q 2024.
KUALA LUMPUR, April 22 (Bernama) -- Palm oil prices are expected to remain supported at RM3,900 per tonne in the coming weeks, underpinned by the recovery in soybean oil prices, which enhances palm oil’s price competitiveness, according to the Malaysian Palm Oil Council (MPOC).
KUALA LUMPUR, April 22 (Bernama) -- Cahya Mata Sarawak Bhd (CMSB) has experienced a notable increase in its share price following the announcement that its 51 per cent-owned subsidiary, CMS Land Sdn Bhd, secured a RM550 million contract from the Sarawak state government.
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.
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.
JOHOR BAHRU, April 21 (Bernama) -- The Johor state government is mooting the establishment of the ASEAN industrial park within the Johor-Singapore Special Economic Zone (JS-SEZ), Menteri Besar Datuk Onn Hafiz Ghazi said.
KUALA LUMPUR, April 21 (Bernama) -- Share prices of Eco World Development Group Bhd (EcoWorld) rose in early trade on Monday after signing a tripartite agreement with SD Guthrie Bhd and NS Corporation to transform 483.59 hectares in Bukit Pelandok, Port Dickson, into an integrated industrial park.
KUALA LUMPUR, April 19 (Bernama) -- Front-loading activities are expected to support trade and manufacturing in the near term amid the brief United States (US) tariff pause, according to CIMB Investment Bank Bhd.
By Danni Haizal Danial Donald
KUALA LUMPUR, April 18 (Bernama) -- The ringgit eased against the US dollar at the close today following the announcement of a lower-than-expected gross domestic product (GDP) growth estimate for Malaysia for the first quarter (1Q) of 2025, said an analyst.
KUALA LUMPUR, April 18 (Bernama) -- Malaysia’s trade continued its positive momentum, rising by 2.2 per cent to RM249.89 billion in March 2025, marking the 15th consecutive month of year-on-year (y-o-y) growth since January 2024, said the Ministry of Investment, Trade and Industry (MITI).
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).
