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KSI Forecasts Malaysia's Economic Growth At 4.9 Pct For 2025

KUALA LUMPUR, Jan 2 (Bernama) -- Malaysia's economic growth is expected to moderate to 4.9 per cent in 2025, slightly above the official target range of 4.5 per cent to 5.5 per cent, taking into account the impact of domestic policies and external challenges, said KSI Strategic Institute for Asia Pacific (KSI).

Malaysia's Economic Momentum To Continue Into 2025, GDP To Grow 6 Pct

By Nurul Jannah Kamaruddin and Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Jan 1 (Bernama) -- Building on its strong economic performance in 2024, Malaysia is poised to maintain its growth momentum into 2025, with the gross domestic product (GDP) projected to expand by up to 6.0 per cent, said an economist.

KRI Calls For Redefinition Of B40, M40, T20 To Address Economic Vulnerabilities

KUALA LUMPUR, Dec 31 (Bernama) -- Khazanah Research Institute's (KRI) latest study finds that the current classification of the Bottom 40 (B40), Middle 40 (M40), and Top 20 (T20) income groups does not accurately reflect the true economic stratification of Malaysian households.

MFPC Urges Policyholders To Retain Coverage Amid MHIT Premium Adjustments

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Dec 30 (Bernama) -- The Malaysian Financial Planning Council (MFPC) is strongly urging affected insurance policyholders not to terminate their policies due to premium adjustments after Bank Negara Malaysia (BNM) introduced interim measures to regulate medical and health insurance/takaful (MHIT) premiums.

Perma-Pipe Posts Strong Q3 2024 Results With 29 Pct Increase In Net Income

KUALA LUMPUR, Dec 24 (Bernama) -- Perma-Pipe International Holdings Inc’s net income for the third quarter ended Oct 31, 2024 (Q3) increased to US$2.5 million from US$1.9 million in the same period last year, mainly driven by better project execution. (US$1=RM4.48)

Bursa Malaysia Rises on Wall Street Optimism

By Anas Abu Hassan

KUALA LUMPUR, Dec 23 (Bernama) -- Bursa Malaysia opened higher on Monday, buoyed by improved sentiment following Wall Street's strong performance last week, an analyst said.

Ringgit Ends Marginally Lower Against Greenback Amid Upbeat US Data

By Abdul Hamid A Rahman

KUALA LUMPUR, Dec 20 (Bernama) -- The ringgit ended marginally lower against the US dollar on the final trading day of the week, pressured by a stronger greenback following upbeat US economic data that exceeded market expectations.

KL Shares Succumb To Selling Pressure To End Lower

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Dec 20 (Bernama) -- Shares on Bursa Malaysia ended the week on a lower note as they continued to face selling pressure, tracking losses in regional peers driven by weak global equity markets performance overnight, said an analyst.

Bursa Malaysia Ends Slightly Higher Despite Weak Market Breadth

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Dec 19 (Bernama) -- Malaysian equities ended the day mostly lower following a heavy sell-off on Wall Street overnight particularly in technology stocks, said an analyst.

Ringgit Opens Higher Against Greenback On Expected US Interest Rate Cut

KUALA LUMPUR, Dec 18 (Bernama) --The ringgit opened higher against the US dollar on Wednesday ahead of an expected interest rate cut later today in the United States.

GLICs Continue To Improve Investment Evaluation Process And Monitoring - Amir Hamzah

KUALA LUMPUR, Dec 2 (Bernama) -- Government-linked investment companies (GLICs) including Khazanah Nasional Bhd and Permodalan Nasional Bhd (PNB) will continue to monitor and improve governance in investment evaluation processes, said Finance Minister II Datuk Seri Amir Hamzah Azizan today. 

Grab Malaysia's #SisBolehKuasaiKewangan Programme Boosts Women's Financial Literacy

KUALA LUMPUR, Nov 28 (Bernama) -- The #SisBolehKuasaiKewangan programme by Grab Malaysia aims at enhancing financial literacy among Grab’s women partners, helping them better manage their finances.