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HLB Forecasts Malaysia's Economic Growth At 4.5 To 5.0 Pct For 2025

KUALA LUMPUR, Jan 18 (Bernama) -- Malaysia's economy is projected to grow at a moderate pace of 4.5 per cent to 5.0 per cent in 2025, benefitting from strong economic fundamentals and an uptick in foreign investments, Hong Leong Bank Bhd (HLB) said.

KL Rubber Market Ends Lower Amid Mixed Regional Futures Market

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Jan 17 (Bernama) -- The Kuala Lumpur rubber market ended the week on a lower note today amid mixed advice from regional rubber futures markets, said a dealer. 

Malaysia, Singapore Collaboration Key To Johor Bahru's Economic Growth

PETALING JAYA, Jan 17 (Bernama) -- Johor Bahru’s future as a major economic hub will largely depend on the successful collaboration between Malaysia’s federal and state governments, as well as their partnership with Singapore.

Gold Futures Close Higher

KUALA LUMPUR, Jan 16 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed higher on Thursday, amid a softer-than-expected US Consumer Price Index (CPI) report, which has fuelled expectations among traders for potential interest rate cuts.

FBM KLCI To Test 1,730 Level This Year - Rakuten Trade

KUALA LUMPUR, Jan 16 (Bernama) -- Rakuten Trade Sdn Bhd anticipates the FTSE Bursa Malaysia KLCI (FBM KLCI) to test the 1,730 level this year, based on 16 times price-earnings ratio on 2025 earnings growth. 

Bursa Malaysia Opens Higher On Improved Sentiment

KUALA LUMPUR, Jan 16 (Bernama) --Bursa Malaysia rebounded to open higher today, buoyed by improved sentiments following Wall Street’s better performance overnight.

Ringgit Opens Slightly Higher Vs USD

KUALA LUMPUR, Jan 16 (Bernama) -- The ringgit opened slightly higher against the US dollar today amidst tepid investor sentiment, as the United States (US) economic data came in slightly better than expected.

Higher Wages, Minimum Wage Hike Drive Property Demand, Affordability This Year - Hong Leong Investment Bank

KUALA LUMPUR, Jan 15 (Bernama) -- Higher wages for civil servants and the introduction of a higher minimum wage remained key factors in catalysing demand and raising affordability for properties across the country this year, said Hong Leong Investment Bank Bhd. 

Global Uncertainties Push Ringgit To Open Higher Against US Dollar

KUALA LUMPUR, Jan 15 (Bernama) -- The ringgit opened slightly higher against the US dollar in early trade as the dollar retreated, sparked by a report hinting at gradual tariff implementations and data showing an unexpected dip in US wholesale inflation, said an analyst.

Maybank IB Projects 4.9 Pct GDP Growth, 3.0 Pct Inflation Rate In 2025

KUALA LUMPUR, Jan 14 (Bernama) -- Maybank Investment Bank Bhd (Maybank IB) has reiterated its projection of a 4.9 per cent growth for the Malaysian economy in 2025 and an inflation rate of 3.0 per cent for the year. 

Stanchart Forecasts Ringgit To Strengthen To 4.40 Against Us Dollar By End-2025

KUALA LUMPUR, Jan 14 (Bernama) -- Standard Chartered (Stanchart) forecasts the ringgit to reach 4.40 against the US dollar by the end of 2025, maintaining a positive outlook due to favourable positioning for domestic financial assets.

Bursa Malaysia's 4Q Net Profit Expected To Be Weaker On Lower Datv -- Aminvestment Bank

KUALA LUMPUR, Jan 14 (Bernama) -- Bursa Malaysia Bhd’s net profit for the fourth quarter (4Q) ended Dec 31, 2024, is expected to be weaker than that in 3Q 2024 due to a lower daily average trading value (DATV) for the securities market, according to AmInvestment Bank Bhd.