1y ago
KUALA LUMPUR, Jan 10 (Bernama) -- MIDF Amanah Investment Bank Bhd expects Malaysia’s Industrial Production Index (IPI) to sustain positive growth in 2025, projected at 3.0–4.0 per cent, following an estimated 3.4 per cent expansion in 2024.
1y ago
KUALA LUMPUR, Jan 10 (Bernama) -- Bank Negara Malaysia (BNM) is expected to keep the overnight policy rate (OPR) at 3.0 per cent during its meeting on Jan 22, 2025, according to BMI, a Fitch Solutions company.
1y ago
KUALA LUMPUR, Jan 10 (Bernama) -- The ringgit was slightly up against the US dollar in early trade in the scenario of a hawkish US Federal Reserve (Fed) tone and positive economic data, said an analyst.
1y ago
KUALA LUMPUR, Jan 9 (Bernama) -- Dialog Group Bhd has announced that the field development and abandonment plan (FDAP) for the Baram Junior Cluster Small Field Asset Production Sharing Contract (BJC SFA PSC) has achieved a final investment decision of US$235 million (US$1=RM4.50).
1y ago
KUALA LUMPUR, Jan 9 (Bernama) -- The Malaysian banking sector is expected to have robust earnings in 2025, supported by solid gross loan growth and stable asset quality, said MIDF Amanah Investment Bank Bhd.
1y ago
KUALA LUMPUR, Jan 9 (Bernama) -- The ringgit opened flat against the strengthening US dollar on Thursday amid rising demand for the greenback following the release of the US Federal Reserve (Fed) minutes, said an analyst.
1y ago
KUALA LUMPUR, Jan 8 (Bernama) -- French-based company, Pluxee reported a 12.1 per cent increase in organic growth for its operating revenue in the first quarter of fiscal 2025, reaching 249 million euros, largely driven by Employee Benefits. (1 euro = RM4.64)
1y ago
By Siti Noor Afera Abu
KUALA LUMPUR, Jan 8 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) reversed yesterday’s gains to close lower on Wednesday as investors took profit amid the negative performance of regional peers.
1y ago
KUALA LUMPUR, Jan 8 (Bernama) -- Malaysia’s economy is poised for steady growth this year, driven by strong domestic demand, robust investment activities and growth in exports and tourism despite potential global uncertainties, according to the Federation of Malaysian Manufacturers (FMM).
1y ago
KUALA LUMPUR, Jan 7 (Bernama) -- The signing of the Johor-Singapore Special Economic Zone (JS-SEZ) agreements will drive greater economic integration, catalysing growth and promoting greater economic participation between the two countries.
1y ago
KUALA LUMPUR, Jan 7 (Bernama) -- The World Economic Forum (WEF) expects more focus on tariffs and industry policies during the second term of Donald Trump’s presidency.
1y ago
KUALA LUMPUR, Jan 3 (Bernama) -- Bursa Malaysia’s benchmark index ended the morning session on a negative note after the previous day’s profit-taking activities and in line with Wall Street’s weaker overnight performance.