11m ago
KUALA LUMPUR, Feb 17 (Bernama) -- The ringgit opens higher against the US dollar and ASEAN currencies due to stronger Malaysia’s gross domestic product (GDP) growth in the final quarter (4Q) of 2024, said an analyst.
11m ago
KUALA LUMPUR, Feb 14 (Bernama) -- The ringgit recorded an overall appreciation of 2.7 per cent against the US dollar in 2024, standing out as one of the few Asian currencies to strengthen versus the greenback, said Bank Negara Malaysia (BNM).
11m ago
KUALA LUMPUR, Feb 13 (Bernama) -- MIDF Amanah Investment Bank Bhd sees Malaysia’s gross domestic product (GDP) growth for the fourth quarter of 2024 (4Q 2024) at 4.8 per cent, similar to the government’s advance estimate.
11m ago
KUALA LUMPUR, Feb 13 (Bernama) -- AirAsia X Bhd's passengers rose by 41 per cent to over four million in 2024, with passenger load factor rising by three percentage points to 83 per cent versus a year ago.
11m ago
KUALA LUMPUR, Feb 13 -- Malaysia’s economic growth is expected to be positive with a 5.1 per cent growth year-on-year (y-o-y) in 2024, in line with advance estimate and within the Finance Ministry's (MoF) official target of between 4.8 per cent and 5.3 per cent y-o-y, said Hong Leong Investment Bank (HLIB Research).
11m ago
KUALA LUMPUR, Feb 12 (Bernama) -- Malaysia’s services sector revenue surged 6.3 per cent to a new high RM2.4 trillion in 2024 compared with RM2.3 trillion in the previous year, said the Department of Statistics Malaysia (DOSM) today.
11m ago
KUALA LUMPUR, Feb 10 (Bernama) -- The value of construction work done in Malaysia in 2024 grew by 20.2 per cent to RM158.8 billion, according to the Department of Statistics Malaysia (DOSM).
11m ago
KUALA LUMPUR, Feb 6 (Bernama) -- Malaysia's Service Producer Price Index (SPPI) continued its uptrend, rising by 0.5 per cent in the fourth quarter (4Q) of 2024, compared to 0.3 per cent in 3Q 2024, reflecting a rise in services sector pricing, according to the Statistics Department (DoSM)
1y ago
KUALA LUMPUR, Jan 31 (Bernama) -- The ringgit opened slightly higher against the US dollar amid higher US Dollar Index (DXY) and strong economic data supporting the greenback, an analyst said.
1y ago
KUALA LUMPUR, Jan 17 (Bernama) -- Malaysia’s economy is expected to grow at a pace of 4.6 per cent this year, driven by increased domestic spending and investment, alongside continued expansion in external trade, according to MIDF Amanah Investment Bank Bhd.
1y ago
KUALA LUMPUR, Jan 17 (Bernama) -- Malaysia’s 2024 gross domestic product (GDP) is projected to grow by 5.1 per cent compared to the 3.6 per cent growth recorded in 2023, supported by positive growth across all sectors, said the Department of Statistics Malaysia (DOSM).
1y ago
KUALA LUMPUR, Jan 14 (Bernama) -- CGS International Securities Malaysia Sdn Bhd has maintained its crude palm oil (CPO) price forecast for 2025, premised on higher year-on-year (y-o-y) CPO production and demand rationing.