Malaysia's Auto Industry Hits Record 816,747 Units In 2024
KUALA LUMPUR, Jan 21 (Bernama) -- Malaysia’s automotive industry achieved a record Total Industry Volume (TIV) of 816,747 units in 2024, surpassing the 800,000-unit mark for the first time.
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Financial Sector Receives 2.3 MLN Complaints Over Last 5 Years -- BNM
KUALA LUMPUR, Jan 17 (Bernama) -- The financial industry received around 2.3 million complaints over the past five years, 98 per cent of which were related to the banking sector and the rest insurance and takaful-related.
SC Ready To Collaborate to Develop Malaysia As Innovative, Responsible Digital Finance Hub
KUALA LUMPUR, Jan 16 (Bernama) -- The Securities Commission Malaysia (SC) is ready to work with all relevant agencies, including Bank Negara Malaysia (BNM) to further develop Malaysia as an innovative and responsible digital finance hub, said SC chairman Datuk Mohammad Faiz Azmi.
Malaysia's GDP Growth Likely To Remain Resilient At 4.5 Pct In 2025 - OCBC
KUALA LUMPUR, Jan 16 (Bernama) -- Malaysia’s gross domestic product (GDP) growth is projected to remain resilient at 4.5 per cent in 2025 compared to 5.2 per cent in 2024, driven by strong export performance and sustained domestic demand, said OCBC senior ASEAN economist Lavanya Venkateswaran.
ASEAN+3 Working Committee Meeting Outlines ASEAN's 2025 Main Economic Priorities
KUALA LUMPUR, Jan 15 (Bernama) -- The First Meeting of the ASEAN+3 Working Committee has agreed to set the Priority Economic Deliverables (PEDs) for ASEAN 2025, which include increasing access to sustainable and fair climate transition financing, said the Ministry of Finance (MoF).
BMI Expects Malaysia’s Economy To Be Resilient In 2024 At 5.0 Pct
KUALA LUMPUR, Jan 14 (Bernama) -- BMI, a Fitch Solutions company, projected Malaysia’s economy to be resilient in 2024, with a real gross domestic product (GDP) growth forecast of 5.0 per cent, supported by robust investment and resilient consumption.
Stanchart Forecasts Ringgit To Strengthen To 4.40 Against Us Dollar By End-2025
KUALA LUMPUR, Jan 14 (Bernama) -- Standard Chartered (Stanchart) forecasts the ringgit to reach 4.40 against the US dollar by the end of 2025, maintaining a positive outlook due to favourable positioning for domestic financial assets.
Reforms Are Crucial To Build A More Resilient Economy - Economists
KUALA LUMPUR, Jan 14 (Bernama) -- Reforms are crucial steps to transform Malaysia into a more resilient and vibrant economy capable of adapting to domestic and global challenges.
Palo Alto Networks Unveils Cybersecurity Predictions For 2025: Key Insights For Malaysian Businesses
KUALA LUMPUR, Jan 14 (Bernama) – Palo Alto Networks, a global leader in cybersecurity, has released its APAC Cybersecurity Predictions for 2025, offering vital insights into the future of cyber threats and strategies to stay ahead of the curve.
BMI Ups Its End-2025 Ringgit Forecast To RM4.40 Per USD
KUALA LUMPUR, Jan 13 (Bernama) -- BMI, a unit of Fitch Solutions, has revised its end-2025 forecast for the ringgit to RM4.40 per US dollar (USD) from RM4.50 previously.
Malaysia's Economy Expected To Grow More Than 5 Pct In 2025 -- Amir Hamzah Tells Bloomberg
KUALA LUMPUR, Jan 12 (Bernama) -- Malaysia’s economy is expected to sustain steady growth in 2025 of above 5.0 per cent, supported by strategic investment, robust fiscal management and economic resilience, said the Ministry of Finance.
BMI Expects BNM To Hold OPR At 3.0 Pct In Next Meeting
KUALA LUMPUR, Jan 10 (Bernama) -- Bank Negara Malaysia (BNM) is expected to keep the overnight policy rate (OPR) at 3.0 per cent during its meeting on Jan 22, 2025, according to BMI, a Fitch Solutions company.