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BNM Announces Foreign Exchange Policy liberalisation For MDBs, Qualified Non-resident DFIs

KUALA LUMPUR, Nov 15 (Bernama) -- Bank Negara Malaysia (BNM) today announced a liberalisation of foreign exchange policy (FEP) for multilateral development banks (MDBs) and qualified non-resident development financial institutions (DFIs), aiming to facilitate their investments in key growth areas in Malaysia

MPOB: US Trade Policy Changes To Have Minimal Impact On Palm Oil Sector

BANGI, Nov 14 (Bernama) -- Projected changes in the United States' (US) trade policy are not expected to significantly impact the country's palm oil sector following Donald Trump's victory in the recent US presidential election, the Malaysian Palm Oil Board (MPOB) said today.

Madani Economic Framework Initiatives To Be Key Focus In Ahmad Zahid's Official Visit To UAE

From Zarul Effendi Razali

ABU DHABI, Nov 13 (Bernama) -- Various initiatives under the MADANI Economic Framework, among other matters, will be highlighted during Deputy Prime Minister Datuk Seri Ahmad Zahid Hamidi’s seven-day official visit to the United Arab Emirates (UAE), which started today.

HLIB Expects Malaysia's 3Q GDP Growth To Moderate To 5.3 Pct

KUALA LUMPUR, Nov 13 (Bernama) -- Malaysia’s gross domestic product (GDP) for the third quarter of 2024 (3Q 2024) is expected to moderate to 5.3 per cent year-on-year (y-o-y), supported by continued expansion across most sectors, particularly manufacturing and services, said Hong Leong Investment Bank Bhd (HLIB). 

Malaysia Seeks To Sustain Economic Growth With China, Focusing On SDGs 

KUALA LUMPUR, Nov 12 (Bernama) -- Malaysia aims to maintain its strong economic growth momentum while prioritising the sustainable development goals (SDGs), with a particular focus on climate change, renewable energy, and emerging technologies -- areas where China has demonstrated significant strength.

Sarawak Projects Up To 6 Pct Economic Growth In 2024 -- Abang Johari

KUCHING, Nov 11 (Bernama) -- Sarawak is projected to experience resilient economic growth of five to six per cent in 2024 due to strong external demand, increased domestic activities and easing inflationary pressures.

DOSM: Malaysia's Construction Sector Continues Positive Growth, Up 22.9 Pct To RM41.1 Bln In 3Q

KUALA LUMPUR, Nov 11 (Bernama) -- The construction sector sustains its momentum with positive growth of 22.9 per cent, reaching RM41.1 billion in the third quarter of 2024 (3Q 2024) compared to a 20.2 per cent increase, amounting to RM38.9 billion in the 2Q 2024.

InvestMalaysia: Malaysia's Future-proof Policy Frameworks Support Foreign Investors

KUALA LUMPUR, Nov 8 (Bernama) -- Malaysia has introduced future-proof policy frameworks to attract and support foreign investors while advancing its economic ambitions.

Manufacturing Sales Value Rises 2.9 Pct To RM162.3 Bln In September-- DOSM

KUALA LUMPUR, Nov 8 (Bernama) -- The manufacturing sector's sales value for September 2024 reached RM162.3 billion, reflecting a 2.9 per cent increase year-on-year (y-o-y), according to the Department of Statistics Department (DOSM).

Trump Presidency To Enhance Malaysia's Export Potential, FDI Inflows -- CIMB Securities

KUALA LUMPUR, Nov 7 (Bernama) -- Donald Trump’s re-election as the United States (US) President is expected to accelerate the China Plus One strategy, benefitting Malaysia through higher investments and enhanced export potential, particularly in sectors such as electronics, machinery, and palm oil. 

RHB Investment Bank Maintains Malaysia 2025 GDP Forecast At 5.0 Pct Post-Trump Win

KUALA LUMPUR, Nov 6 (Bernama) -- RHB Investment Bank Bhd has maintained Malaysia’s 2025 gross domestic product (GDP) growth forecast at 5.0 per cent based on global assumptions for a Goldilocks backdrop following Donald Trump’s victory in the United States (US) presidential elections.

BNM Maintains OPR Unchanged At 3.0 Pct

KUALA LUMPUR, Nov 6 (Bernama) -- Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) has decided to maintain the Overnight Policy Rate (OPR) at 3.00 per cent at its meeting today.