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MIDF Sees Malaysia's Fourth Quarter GDP Growth At 4.8 Pct

KUALA LUMPUR, Feb 13 (Bernama) -- MIDF Amanah Investment Bank Bhd sees Malaysia’s gross domestic product (GDP) growth for the fourth quarter of 2024 (4Q 2024) at 4.8 per cent, similar to the government’s advance estimate.

Trump’s Tariff War Pushes Malaysia To Accelerate Reforms - Rafizi

KUALA LUMPUR, Feb 13 (Bernama) -- The uncertainty in the global economy following US President Donald Trump’s tariff hikes on Canada, Mexico and China presents an opportunity for Malaysia to accelerate economic reforms, Economy Minister Datuk Seri Rafizi Ramli said.

CelcomDigi Posts Slightly Lower Net Profit Of RM1.38 Bln In FY2024

KUALA LUMPUR, Feb 13 (Bernama) -- CelcomDigi Bhd posted a slightly lower net profit of RM1.38 billion in the financial year ended Dec 31, 2024 (FY2024) from RM1.55 billion in the previous year.

Economy Ministry To Launch Natural Gas Roadmap By Third Quarter This Year -- Rafizi

KUALA LUMPUR, Feb 13 (Bernama) -- The Ministry of Economy will launch the Natural Gas Roadmap in the second or third quarter of this year to ramp up investments into the sector, said its minister Datuk Seri Rafizi Ramli today. 

Malaysia’s Property Sector Resilient In 2025, Driven By Strong Demand And Key Catalysts – MIDF

KUALA LUMPUR, Feb 13 (Bernama) -- Malaysia’s property sector is expected to remain resilient in 2025, driven by sustained buying interest, a declining property overhang, and key catalysts such as the Johor-Singapore Special Economic Zone (JS-SEZ) and the Johor Bahru-Singapore Rapid Transit System (RTS), said a research house.

Malaysia's GDP Expected To Come In At 5.1 Pct In 2024 - HLIB Research

KUALA LUMPUR, Feb 13 -- Malaysia’s economic growth is expected to be positive with a 5.1 per cent growth year-on-year (y-o-y) in 2024, in line with advance estimate and within the Finance Ministry's (MoF) official target of between 4.8 per cent and 5.3 per cent y-o-y, said Hong Leong Investment Bank (HLIB Research). 

Downstream Agricommodity Sector Records GDP Of RM30.1 Bln Up To 3Q 2024

KUALA LUMPUR, Feb 12 (Bernama) -- The downstream agricommodity sector recorded a gross domestic product (GDP) of RM30.1 billion in the first three quarters of last year, an increase of 6.7 per cent compared to the same period in 2023.

CPO Futures Extend Gains For Fifth Day on Lower Stocks, Stronger Soybean Prices

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Feb 12 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives extended its gains for five consecutive days driven by lower stock levels in the country, a dealer said.

MP Proposes Setting Up Forex Risk Committee To GLICs

KUALA LUMPUR, Feb 12 (Bernama) -- A member of parliament today called on the government to set up a committee to coordinate foreign currency exchange (forex) risks to the operations of government-linked investment companies (GLICs).

Malaysia’s Wholesale, Retail Trade At Record High Of RM1.77 Trillion In 2024 -- DOSM

KUALA LUMPUR, Feb 12 (Bernama) -- Malaysia's full-year wholesale and retail trade sales surged to a record high of RM1.77 trillion in 2024, after recording RM152.2 billion in December, a 5.5 per cent rise year-on-year (y-o-y), said the Statistics Department (DOSM). 

Ample Room For Public Bank To Raise Dividend Payout -- CIMB Securities 

KUALA LUMPUR, Feb 12 (Bernama) -- Public Bank Bhd’s (PBB) dividend yield is likely to climb to above 5.0 per cent from this year despite its flattish share price, said CIMB Securities Sdn Bhd. 

CPO Prices To Remain Stable In February - Analysts

KUALA LUMPUR, Feb 12 (Bernama) -- Crude palm oil (CPO) prices are expected to remain stable this year, ranging between RM4,000 and RM5,000 per metric tonne (MT), according to analysts.