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Rubber Market Is Expected To Trade Higher Next Week

By Danni Haizal Danial Donald

KUALA LUMPUR, Sept 21 (Bernama) -- The local rubber market is expected to trade higher next week due to a rubber supply shortage influenced by uncertain weather conditions in rubber-producing regions, said industry expert Denis Low.

Malaysia Urges ASEAN To Embrace A Shared Vision For Economic Growth - PM Anwar

KUALA LUMPUR, Sept 20 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said Malaysia seeks for ASEAN to adopt a shared vision focused on the economy, trade, investments and collaboration among neighbouring nations to ensure the region remains vibrant.

Kenanga Maintains 2024 Export Growth Forecast At 7.3 Pct despite Rising Downside Risks

KUALA LUMPUR, Sept 20 (Bernama) -- Kenanga Investment Bank Bhd has maintained a positive outlook for exports, projecting a growth rate of 7.3 per cent for the year based on current indicators.

MIDA Partners MIER To Strengthen Malaysia’s Investment Climate

KUALA LUMPUR, Sept 19 (Bernama) -- The Malaysian Investment Development Authority (MIDA) and the Malaysian Institute of Economic Research (MIER) have established a strategic partnership focused on enhancing Malaysia’s economic and investment climate through data-driven research, analysis, and collaboration.

Air Passenger Traffic Up 12.7 Pct To 8.7 Mln In August 2024 - MAVCOM

KUALA LUMPUR, Sept 19 (Bernama) -- Malaysian airports served 8.7 million air passengers in August, a 12.7 per cent growth from the 7.7 million passengers recorded in August 2023, reflecting continued robust growth across both international and domestic sectors.

Trade Rises 18.6 Pct To RM252.65 Bln In August, Fastest Growth Rate In 22 Months

KUALA LUMPUR, Sept 19 (Bernama) -- Malaysia’s trade has continued its stellar performance in August, growing 18.6 per cent year-on-year to RM252.65 billion -- the fastest growth rate in 22 months, according to the Investment, Trade and Industry Ministry (MITI).

RHB IB Lifts 2024 TIV Forecast To 790,000 Units

KUALA LUMPUR, Sept 19 (Bernama) -- RHB Investment Bank Bhd (RHB IB) has raised its total industry volume (TIV) forecast for this year to 790,000 units, up from its previous estimate of 740,000 units.

BNM Unlikely To Follow US Fed Rate Cut, Eyes Domestic And Global Conditions

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Sept 19 (Bernama) -- Bank Negara Malaysia (BNM) is unlikely to move in direct lockstep with the US Federal Reserve’s (Fed) aggressive move which slashed interest rates by a half-point during its Federal Open Market Committee (FOMC) meeting yesterday.

Ringgit Opens Slightly Lower Against US Dollar, Rises Vs Other Major Currencies

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Sept 19 (Bernama) -- The ringgit opened slightly lower against the greenback on a lack of buying interest despite a 50 basis points US interest rate cut decision by the US Federal Reserve (Fed).

Budget 2025: BIMB Securities Expects Malaysia's Fiscal Deficit To Be Lower At 3.5 Pct

KUALA LUMPUR, Sept 18 (Bernama) -- BIMB Securities Sdn Bhd foresees a lower fiscal deficit of 3.5 per cent in line with the 12th Malaysia Plan Mid-term Review (12MP MTR) for Budget 2025. 

CAAM Must Strengthen Capabilities To Tackle Global Aviation Challenges - Hasbi

KUALA LUMPUR, Sept 18 (Bernama) -- The Civil Aviation Authority of Malaysia (CAAM) must continuously enhance its capabilities to improve safety, security, and capacity, ensuring it can meet emerging regional and global challenges.

Glove Counters Jump In Early Session On Higher Us Tariffs On Chinese Imports

KUALA LUMPUR, Sept 17 (Bernama) -- Glove counters rose in early Tuesday trading following a recent announcement by the US Trade Representative (USTR) on substantial tariff increases imposed on Chinese imports, including a phased tariff structure for medical face masks and surgical gloves.