1y ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Nov 18 (Bernama) -- Bursa Malaysia rebounded from last week’s decline to close higher today, buoyed by bargain hunting after two consecutive days of sell-off, despite the weakness on Wall Street and most regional peers, an analyst said.
1y ago
KUALA LUMPUR, Nov 18 (Bernama) -- Malaysia’s economic growth will remain modest for the rest of 2024, citing weakening external demand and ongoing global policy uncertainties, said Hong Leong Investment Bank Bhd (HLIB).
1y ago
From M. Saraswathi
LIMA (Peru), Nov 16 (Bernama) -- The Asia-Pacific Economic Cooperation (APEC) must recognise the potential of non-traditional alliances such as the African Union, Latin America and BRICS, according to Prime Minister Datuk Seri Anwar Ibrahim.
1y ago
KUALA LUMPUR, Nov 15 (Bernama) -- The decision by several international institutions to revise Malaysia's economic growth projections reflects their confidence in the country's prospects for the year, said Investment, Trade and Industry (MITI) Minister Tengku Datuk Seri Zafrul Abdul Aziz.
1y ago
KUALA LUMPUR, Nov 15 (Bernama) -- Malaysia’s removal from the United States Treasury’s (Treasury) monitoring list indicated that the country’s economic and foreign exchange policies are now viewed as balanced and transparent, said an economist.
1y ago
KUALA LUMPUR, Nov 15 (Bernama) -- Despite the absence of mega project developments in Budget 2025, existing mega projects will continue to support Malaysia's economic growth next year, said Bank Negara Malaysia governor Datuk Seri Abdul Rasheed Ghaffour.
1y ago
KUALA LUMPUR, Nov 15 (Bernama) -- Bank Negara Malaysia (BNM) welcomed Malaysia’s removal from a US currency manipulation watch list, affirming the ringgit’s market-driven status.
1y ago
By Zufazlin Baharuddin
KUALA LUMPUR, Nov 15 (Bernama) -- Bursa Malaysia pared earlier gains to head into the midday break lower, with selling pressure seen across the board despite the release of positive third-quarter gross domestic product (GDP) figures released at noon.
1y ago
KUALA LUMPUR, Nov 15 -- The Malaysian economy expanded by 5.3 per cent in the third quarter of 2024 (3Q 2024), driven by strong investment activities and continued improvement in exports.
1y ago
KUALA LUMPUR, Nov 14 (Bernama) -- The theme of the 31st Asia-Pacific Economic Cooperation (APEC) Economic Leaders' Week (AELW) 2024, “Empower, Include, Grow”, aligns with ASEAN's 2025 theme of "Inclusivity and Sustainability" which Malaysia will chair next year.
1y ago
KUALA LUMPUR, Nov 13 (Bernama) -- Tun Daim Zainuddin, who passed away this morning at the age of 86, is best known as former Prime Minister Tun Dr Mahathir Mohamad’s chief economic troubleshooter.
1y ago
KUALA LUMPUR, Nov 13 (Bernama) -- Malaysia’s gross domestic product (GDP) for the third quarter of 2024 (3Q 2024) is expected to moderate to 5.3 per cent year-on-year (y-o-y), supported by continued expansion across most sectors, particularly manufacturing and services, said Hong Leong Investment Bank Bhd (HLIB).