Ringgit To Trade Firmer Against US Dollar Next Week, Ahead Of Us Labour Data

KUALA LUMPUR, June 28 (Bernama) --  The ringgit is expected to trade firmer next week following the US labour market data, an analyst said.

HLIB Expects Fiscal Deficit To Narrow To 3.8 Pct in 2025

KUALA LUMPUR, June 26 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) expects the fiscal deficit to be narrowed to 3.8 per cent this year (2024: -4.1 per cent), as announced in Budget 2025.

Lessons On Insurance To Be Learnt From USJ Putra Heights Gas Pipeline Explosion

KUALA LUMPUR, June 25 (Bernama) -- It’s been about three months since the devastating gas pipeline explosion and fire at USJ Putra Heights. Fortunately, there were no fatalities. It shocked Malaysians. Questions are still being asked as to the compensation for damages to houses, properties, possessions and injuries sustained.

Kenanga Investment Bank Revises 2025 Inflation Forecast Downward To 2.0 Pct

KUALA LUMPUR, June 24 (Bernama) -- Kenanga Investment Bank Bhd has revised its 2025 inflation forecast downward to 2.0 per cent from 2.7 per cent (2024: 1.8 per cent), while expecting Bank Negara Malaysia (BNM) to keep the Overnight Policy Rate (OPR) unchanged.

CIMB Expects Electricity Tariff Reform To Have Minimal Inflation Impact

KUALA LUMPUR, June 24 (Bernama) -- Malaysia’s upcoming electricity tariff restructuring is expected to have a minimal impact on overall inflation, and its direct effect on headline consumer price index (CPI) is anticipated to be marginally disinflationary, said CIMB Investment Bank Bhd (CIMB).

Malaysia's May 2025 Inflation At 1.2 Pct Lowest In 51 Months - DOSM

KUALA LUMPUR, June 24 (Bernama) -- Malaysia registered an inflation rate of 1.2 per cent in May 2025, the lowest in 51 months, with the Consumer Price Index (CPI) at 134.4 versus 132.8 a year ago, according to the Statistics Department Malaysia (DOSM).

Chorsu Bazaar: The Beating Heart Of Tashkent

From Siti Radziah Hamzah

TASHKENT, June 23 (Bernama) -- “Malaysia, Malaysia! Come here, I will give you a discount!” – such was the enthusiastic greeting echoing from nearly every tea, nuts and spice stall on the upper floor of Chorsu Bazaar, one of Tashkent’s most iconic and historic markets.

Local Institutions Maintain Buying Momentum For Fifth Week With RM510.6 Mln Inflows

KUALA LUMPUR, June 23 (Bernama) -- Local institutions continued their buying streak for the fifth consecutive week, with net inflows amounting to RM510.6 million compared with RM620.6 million in the previous week, said MIDF Amanah Investment Bank Bhd.

Bursa Malaysia To Remain Cautious, CI To Trade Within 1,500-1,530 Range Next Week

By Rosemarie Khoo Mohd Sani and Danni Haizal Danial Donald

KUALA LUMPUR, June 21 (Bernama) -- Bursa Malaysia is expected to remain cautious next week, tracking Wall Street’s performance as markets digest signals from the United States (US) Federal Open Market Committee (FOMC), said an analyst.

FBM KLCI Futures Likely To Trade Cautiously Next Week, Tracking Local And US Markets

By Rosemarie Khoo Mohd Sani and Danni Haizal Danial Donald

KUALA LUMPUR, June 21 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is likely to trade cautiously next week, tracking the local bourse and Wall Street’s performances, an analyst said.

New Electricity Tariff: Over 23.6 Mln Domestic Users In Peninsular Malaysia To Enjoy Fairer Rates

KUALA LUMPUR, June 20  (Bernama) -- More than 23.6 million domestic users in Peninsular Malaysia will benefit from fairer and more progressive electricity rates due to the newly approved electricity tariff schedule approved by the government, the Energy Commission (EC) announced today.

Rakuten Trade Lowers FBM KLCI 2025 Target To 1,630 Amid Earnings Downgrade

KUALA LUMPUR, June 20 (Bernama) -- Rakuten Trade Sdn Bhd has revised its year-end target for the FTSE Bursa Malaysia KLCI (FBM KLCI) to 1,630 from its earlier projection of 1,730, in line with the recent downgrades in corporate earnings, said its head of research Kenny Yee Shen Pin.