10m ago
KUALA LUMPUR, March 26 (Bernama) -- Malaysia remains well-positioned to navigate challenges, backed by strong economic fundamentals, robust domestic demand, resilient household spending and increased investments.
10m ago
KUALA LUMPUR, March 24 (Bernama) -- Strong domestic demand will continue to buffer Malaysia's economy against external uncertainties, including possible repercussions from the imposition of US tariffs.
10m ago
CHENNAI, March 5 (Bernama) -- Penang is quickly becoming a sought-after destination for weddings and meetings, incentives, conferences, and exhibitions (MICE), particularly attracting Indian visitors, especially from South India.
11m ago
KUALA LUMPUR, Feb 17 (Bernama) -- Tourist arrivals in Langkawi post-COVID-19 showed an increase of 323,115 people, or 11 per cent, from 2022 to 2024, according to data from the Ministry of Finance (MOF).
11m ago
PUTRAJAYA, Feb 14 (Bernama) -- Malaysia’s political stability and monetary policies were among the contributors to the country’s positive gross domestic product (GDP) growth last year, which surpassed the minimum target, said Communications Minister Fahmi Fadzil.
11m ago
KUALA LUMPUR, Feb 14 (Bernama) -- The Malaysian economy grew by 5.1 per cent in 2024, up from 3.6 per cent in 2023, aligning with the government’s target of 4.8 per cent to 5.3 per cent year-on-year.
11m ago
KUALA LUMPUR, Feb 13 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) has maintained Malaysia’s distributive trade forecast at 6.5 per cent in 2025 from 5.5 per cent in 2024, driven by higher income prospects and tourism.
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 3 (Bernama) -- Sunway Reit Management Sdn Bhd, the manager of Sunway Real Estate Investment Trust (Sunway REIT), saw its net profit surging to RM524.75 million for the financial year ended Dec 31, 2024 (FY2024) from RM338.19 million a year earlier.
11m ago
KUALA LUMPUR, Feb 3 (Bernama) -- Fraser & Neave Holdings Bhd’s (F&N) net profit for the first quarter ended Dec 31, 2024 (1Q 2025) slipped to RM169.018 million from RM170.737 million recorded in 1Q 2024.
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 16 (Bernama) -- Malaysia’s gross domestic product (GDP) growth is projected to remain resilient at 4.5 per cent in 2025 compared to 5.2 per cent in 2024, driven by strong export performance and sustained domestic demand, said OCBC senior ASEAN economist Lavanya Venkateswaran.