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Ambank Foresees Slightly Slower 3Q GDP Growth At 5.1 Pct

KUALA LUMPUR, Nov 11 (Bernama) -- AmBank Group foresees a slightly slower year-on-year (y-o-y)  gross domestic product (GDP) growth of 5.1 per cent for Malaysia in the third quarter of 2024 (3Q2024), down from the official advance estimate of 5.3 per cent.

CIMB Securities Projects Stronger Throughput Growth For Westports In 2025 On Transhipment Recovery

KUALA LUMPUR, Nov 11 (Bernama) -- CIMB Securities Sdn Bhd expects stronger throughput volume growth in 2025 for Westports Holdings Bhd driven by a recovery in transhipment volumes and sustained gateway cargo volumes.

RMHC Celebrates 50th Anniversary Of Global Presence, 34th Year Of Impact In Malaysia

KUALA LUMPUR, Nov 9 (Bernama) -- The Ronald McDonald House Charities (RMHC) Malaysia has touched the lives of over a quarter of a million children through initiatives backed by over RM60 million in funding since its inception 34 years ago.

BNM: Malaysia's ASEAN Chairmanship To Boost Regional Takaful, Re-takaful Collaboration 

KUALA LUMPUR, Nov 8 (Bernama) -- Malaysia’s ASEAN chairmanship next year represents an opportunity to advance regional collaboration in critical sectors including in takaful and re-takaful, said Bank Negara Malaysia (BNM) deputy governor Adnan Zaylani Mohamad Zahid. 

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.

Govt Adopting Pragmatic Approach In Economic Development - Rafizi

KUALA LUMPUR, Nov 6 (Bernama) -- The government is adopting a pragmatic approach in planning the country’s economic development, said Economic Minister Mohd Rafizi Ramli.

Ringgit Ends Lower As US Election Results Unfold

KUALA LUMPUR, Nov 6 (Bernama) -- The ringgit closed lower against the US dollar today, snapping two days of gains, as the US presidential election results poured in, said an economist. 

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.

T7 Global Bags RM500 Mln Works Contract From Exxonmobil Exploration

KUALA LUMPUR, Nov 6 (Bernama) -- T7 Global Bhd has been awarded a maintenance, construction, modification (MCM) contract and hook-up commissioning services contract for Package B2 - Guntong by ExxonMobil Exploration and Production Malaysia Inc worth RM500 million.

IILM Reissues Its Largest Year-To-Date Short-Term Ṣukuk Of US$1.31 Bln

KUALA LUMPUR, Nov 5 (Bernama) -- The International Islamic Liquidity Management Corporation (IILM) has completed the reissuance of an aggregate US$1.31 billion (US1=RM4.34) short-term sukuk with tenors of one month, three months, and six months.

Gold Futures End Higher

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Nov 5 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed higher today as the United States (US) election draws near.