7m ago
KUALA LUMPUR, May 19 (Bernama) -- Affin Bank Bhd’s net profit for the first quarter ended March 31, 2025 (1Q 2025) rose to RM124.09 million and revenue jumped to RM543.93 million compared with the same quarter last year.
7m ago
KUALA LUMPUR, May 17 (Bernama) -- Malaysia’s economic growth of 4.4 per cent in the first quarter of 2025 (1Q 2025) is a positive indicator of resilience and broadly reflects the stable business environment experienced by members of the American Malaysian Chamber of Commerce (AMCHAM).
7m ago
KUALA LUMPUR, May 16 (Bernama) -- A rousing performance across key economic sectors lifted Malaysia’s gross domestic product (GDP) by 4.4 per cent in the first quarter of 2025 (1Q 2025), in line with the GDP advance estimates and higher than the 4.2 per cent growth recorded in 1Q 2024.
7m ago
KUALA LUMPUR, May 16 (Bernama) -- Headline inflation is expected to remain moderate at below three per cent in 2025, given the further easing in global cost conditions and the absence of excessive demand conditions, said Bank Negara Malaysia (BNM) Governor Datuk Abdul Rasheed Ghaffour.
7m ago
KUALA LUMPUR, May 16 -- Bank Negara Malaysia (BNM) expects any impact from potential United States (US) tariffs on semiconductors to be limited for Malaysia, thanks to the country’s diversified export base and continued demand in key sectors.
7m ago
KUALA LUMPUR, May 16 (Bernama) -- Malaysia’s current account balance (CAB) recorded a RM16.7 billion surplus in the first quarter of 2025 (1Q 2025), equivalent to 3.4 per cent of the gross domestic product (GDP), supported by net exports of goods and a smaller deficit in the secondary income account, said Statistics Department Malaysia (DOSM).
7m ago
KUALA LUMPUR, May 16 (Bernama) -- Positive macroeconomic prospects and the ongoing implementation of structural reforms will provide medium-term support for the ringgit, said Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour.
7m ago
KUALA LUMPUR, May 16 (Bernama) -- Analysts maintained a positive outlook on 99 Speed Mart Retail Holdings Bhd (99 Speed Mart) following its first quarter (1Q) results for the financial year ended March 31, 2025 (FY2025).
7m ago
KUALA LUMPUR, May 16 (Bernama) -- Loans to the private non-financial sector grew by 5.5 per cent in the first quarter of 2025 (1Q 2025) versus 5.2 per cent in 4Q 2024, amid sustained growth in outstanding loans and higher growth in outstanding corporate bonds.
7m ago
KUALA LUMPUR, May 16 (Bernama) -- The Malaysian economy expanded by 4.4 per cent in the first quarter of 2025 (1Q 2025), driven by sustained household spending supported by favourable labour market conditions and government policies, compared to 4.2 per cent in 1Q 2024.
7m ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, May 16 (Bernama) -- The ringgit has continued its positive momentum, opening stronger against the US dollar this morning, ahead of Malaysia’s first quarter (1Q) 2025 gross domestic product (GDP) announcement today, an analyst said.
7m ago
KUALA LUMPUR, May 15 (Bernama) -- Keyfield International Bhd posted a lower net profit of RM20.68 million for the first quarter ended March 31, 2025 (1Q 2025), compared with RM30.30 million in the same period last year.