26d ago
KUALA LUMPUR, May 15 (Bernama) -- Economic growth across the Asia-Pacific Economic Cooperation (APEC) region is projected to moderate to 2.6 per cent in 2025 and 2.7 per cent in 2026, marking a significant decline from the 3.6 per cent recorded in 2024, according to the latest report by the APEC Policy Support Unit.
27d ago
By Rosemarie Khoo and Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, May 14 (Bernama) -- Malaysia’s first quarter (1Q) 2025 gross domestic product (GDP) figures are set to challenge market expectations as investors attempt to untangle a complex mix of past trade distortions and growing concerns over the country’s economic exposure to China.
28d ago
SIBU, May 13 (Bernama) -- Sarawak Premier Tan Sri Abang Johari Tun Openg has praised Rimbunan Hijau Group (RH Group) for its enduring contributions to both the state and national economies as well as its strong alignment with Sarawak’s vision for sustainable and inclusive growth.
28d ago
KUALA LUMPUR, May 13 (Bernama) -- The 100-basis point cut in the Statutory Reserve Requirement (SRR) ratio by Bank Negara Malaysia (BNM) last Thursday is intended to give the Monetary Policy Committee some breathing room to assess the impact of the United States (US)-led tariff shock on exports, said Moody’s Analytics.
28d ago
By Karina Imran
KUALA LUMPUR, May 13 (Bernama) -- The United States (US)-China agreement to temporarily reduce tariff is broadly positive for the local equity market, as it reduces the risk of a US and global recession and leads to higher net foreign inflows, said CIMB Securities Sdn Bhd.
1m ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, May 10 (Bernama) -- The ringgit is expected to stay weaker in the near term, given the optimism that a trade deal between the United States (US) and China, and perhaps the rest of the world, would be achieved within the 90-day pause period.
1m ago
JOHOR BAHRU, May 9 (Bernama) – The Oryx Stainless Group, one of the world’s leading suppliers of recycled stainless steel raw materials headquartered in the Netherlands, has opened a new facility in Johor.
1m ago
KUALA LUMPUR, May 8 (Bernama) -- RHB Investment Bank Bhd (RHBIB) has maintained its base case forecast for the Overnight Policy Rate (OPR) at 3.00 per cent throughout 2025.
1m ago
SERDANG, May 8 (Bernama) -- ASEAN must embrace science and technology and produce innovations to power up the region’s digital and green economy visions sustainably, in order to achieve its ambition of becoming the world’s fourth-largest economy by 2030.
1m ago
By Nor Baizura Basri and Zarul Effendi Razali
KUALA LUMPUR, May 5 (Bernama) -- The Special Parliamentary Session on the United States (US) tariffs provided the government an opportunity to enlighten Members of the Parliament (MPs) about ongoing efforts to manage the impact of global economic uncertainty on Malaysia following the imposition of the tariffs.
1m ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, May 5 (Bernama) -- Economists revised downwards Malaysia’s 2025 gross domestic product (GDP) growth to 4.5 per cent due to the debilitating tariffs implemented by the United States (US), but remained confident in the economy’s resilience.
1m ago
KUALA LUMPUR, May 5 (Bernama) -- Members of parliament (MPs) today outlined several proposals to strengthen the country's economy in the face of retaliatory tariffs from the United States (US) and global economic uncertainty.