5m ago
By Harizah Hanim Mohamed
KUALA LUMPUR, July 15 (Bernama) -- The ringgit finished higher against the US dollar at the close on Tuesday as market sentiment improved on the back of better-than-expected economic data from China.
5m ago
KUALA LUMPUR, July 14 (Bernama) -- ASEAN-6 gross domestic product (GDP) growth is expected to moderate to 4.4 per cent in 2025 and 2026 from 4.9 per cent in 2024, according to Maybank Investment Bank Bhd (Maybank IB).
5m ago
KUALA LUMPUR, July 12 (Bernama) -- As global trade tensions continue to rise, the 58th ASEAN Foreign Ministers’ Meeting (AMM) and Related Meetings wrapped up its four days of talks in Kuala Lumpur on Friday, July 11, with the United States’ (US) sweeping tariff hikes becoming a major talking point among regional leaders.
5m ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, July 11 (Bernama) -- ASEAN must demand reciprocal market access from major trading partners such as the European Union (EU) and China, especially in sectors like palm oil, halal products and electric vehicle (EV) battery minerals, to safeguard its regional trade stability amid rising global protectionism, an analyst said.
5m ago
KUALA LUMPUR, July 10 (Bernama) -- The ringgit opened firmer against the US dollar on Thursday, as markets shrugged off Bank Negara Malaysia’s (BNM) 25-basis-point Overnight Policy Rate (OPR) cut to 2.75 per cent yesterday.
5m ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, July 9 (Bernama) -- The ringgit opened slightly lower against the US dollar on Wednesday, as investors remained cautious ahead of Bank Negara Malaysia’s Monetary Policy Committee (MPC) meeting, with economists divided over the likelihood of an Overnight Policy Rate (OPR) cut, said an analyst.
5m ago
KUALA LUMPUR, July 8 (Bernama) -- The Federation of Malaysian Manufacturing (FMM) has called on the government to intensify its diplomatic and policy response following the United States' announcement of a 25 per cent blanket tariff on Malaysian exports.
5m ago
By Abdul Hamid A Rahman
KUALA LUMPUR, July 5 (Bernama) -- The ringgit is expected to trade range-bound against the greenback next week, as investors adopt a cautious approach ahead of Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) meeting on July 9.
5m ago
KUALA LUMPUR, July 3 (Bernama) -- The Global Finance & Technology Network (GFTN) has announced the appointment of Queen Máxima of the Netherlands, the United Nations Secretary-General’s Special Advocate for Financial Health (UNSGSA), as Chair of its International Advisory Board (IAB).
5m ago
By Karina Imran
KUALA LUMPUR, June 25 (Bernama) -- Malaysia has adequate buffers to weather volatility, including capital outflows, triggered by global interest rate hikes, said International Centre for Education for Islamic Finance (INCEIF) University Professor of Practice Tan Sri Abdul Wahid Omar.
5m ago
KUALA LUMPUR, June 24 (Bernama) -- Malaysian palm oil producers must intensify hedging efforts and expand downstream to mitigate the risk of sudden price volatility, said Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid.
6m ago
By Zarul Effendi Razali
KUALA LUMPUR, June 20 (Bernama) -- Malaysia is sharpening its focus on becoming a regional aerospace and shipbuilding hub, banking on high value investment, technical capability and geostrategic positioning to elevate its industrial profile over the next decade.