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Fitch Lifts World Growth Outlook, Warns Of US Slowdown

KUALA LUMPUR, Sept 10 (Bernama) -- Fitch Ratings has lifted its global growth forecast for 2025 to 2.4 per cent from 2.2 per cent, citing stronger-than-expected second-quarter data, but said evidence of a United States (US) slowdown is mounting.

Ringgit Extends Gains Against US Dollar On Fed Cut Expectations

KUALA LUMPUR, Sept 9 (Bernama) -- The ringgit opened stronger against the US dollar on Tuesday, extending gains as the greenback weakened on rising expectations of United States interest rate cuts.

Economy Remains Strong As OPR Unchanged At 2.75 Pct

KUALA LUMPUR, Sept 8 (Bernama) -- Following is the transcript of Bernama’s email interview with Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour on the Overnight Policy Rate (OPR). 

BNM Maintains OPR At 2.75 Pct, Sees Continued Expansion In Global Growth 

KUALA LUMPUR, Sept 4 (Bernama) -- Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) has maintained the overnight policy rate (OPR) at 2.75 per cent.

Budget 2026 Will Strengthen Housing Reform, Expand Access To Affordable Housing -- Amir Hamzah

PUTRAJAYA, Sept 4 (Bernama) -- As preparations for the upcoming Budget 2026 to be unveiled in October are underway, the government will also examine support mechanisms to strengthen housing reform, with a particular focus on expanding access to affordable housing, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Asia Will Retain Leadership In Chip Manufacturing Next Five Years - Moody's Ratings

KUALA LUMPUR, Sept 2 (Bernama) -- Asia will retain its leadership in chip manufacturing over the next five years, supported by cost advantages, established ecosystems and deep technical expertise, said Moody’s Ratings today.

2Q 2025 GDP Growth Driven By Government’s Centrality Approach - PM Anwar

KUALA LUMPUR, Aug 30 (Bernama) -- Malaysia's gross domestic product (GDP) growth of 4.4 per cent in the second quarter of 2025 was achieved through the government’s adoption of a centrality approach amid an uncertain geopolitical and economic environment, said Prime Minister Datuk Seri Anwar Ibrahim.

Sime Darby Motors Expects Losses To Stop In FY2026

KUALA LUMPUR, Aug 27 (Bernama) -- Sime Darby Motors Sdn Bhd expects its losses to cease in the financial year ending June 30, 2026 (FY2026), supported by branch consolidation in China, said managing director Andrew Basham.

Government Commits To Continuing Fiscal Reforms -- Amir Hamzah

KUALA LUMPUR, Aug 27 (Bernama) -- The government is committed to continuing fiscal reform initiatives, including the Medium-Term Revenue Strategy (MTRS), to enhance revenue collection and review public expenditure, ensuring efficiency and effectiveness.

JCY International Posts RM33.40 Mln Net Loss In 3Q 2025

KUALA LUMPUR, Aug 20 (Bernama) -- JCY International Bhd recorded a net loss of RM33.40 million in the third quarter ended June 30, 2025 (3Q 2025), compared with a net profit of RM9.89 million in the same period last year.

Merdeka Sales Set To Drive Malaysia's Automotive TIV Growth For August 2025

KUALA LUMPUR, Aug 20 (Bernama) -- Malaysia’s automotive sector total industry volume (TIV) for August 2025 is expected to be stronger than July 2025, driven by aggressive Merdeka celebration sales.

Research Firms Raise Malaysia's 2025 GDP Growth Forecast To 4.2-4.3 Pct

KUALA LUMPUR, Aug 18 (Bernama) -- Research firms have raised Malaysia’s 2025 gross domestic product (GDP) growth forecast to 4.2 per cent and 4.3 per cent following its expansion by 4.4 per cent in the second quarter of 2025 (2Q 2025).