1y ago
KUALA LUMPUR, Dec 4 (Bernama) -- The government will continue to balance efforts to strengthen the country’s financial position to be more sustainable while ensuring that fiscal policies continue to support the national economic growth momentum, according to Prime Minister Datuk Seri Anwar Ibrahim.
1y ago
KUALA LUMPUR, Dec 3 (Bernama) -- Malaysia’s banking sector is projected to continue recording higher profits in 2025, supported by steady loan growth, a stable interest rate environment, and non-interest income, said an economist.
1y ago
KUALA LUMPUR, Dec 3 (Bernama) -- The ringgit was slightly lower against the US dollar in early trade on Tuesday amid cautious sentiment in the global currency market, said an analyst.
1y ago
By Zarul Effendi Razali
KUALA LUMPUR, Dec 2 (Bernama) -- The ringgit closed marginally lower against the greenback in the first trading day of December as investors shifted interest towards safe haven currencies, including the US dollar, an analyst said.
1y ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Dec 2 (Bernama) -- The Kuala Lumpur rubber market ended higher today, driven by sharp gains in the Shanghai rubber futures, supported by positive Chinese economic data, a dealer said.
1y ago
KUALA LUMPUR, Dec 2 (Bernama) -- The seasonally adjusted S&P Global Malaysia Manufacturing Purchasing Managers’ Index (PMI) eased to 49.2 in November this year from 49.5 in October, signalling a marginal moderation in the sector.
1y ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Nov 29 (Bernama) -- The ringgit closed marginally higher against the greenback in the month's final trading day, reflecting broader strength in some regional currencies.
1y ago
KUALA LUMPUR, Nov 29 (Bernama) -- Bursa Malaysia’s main index failed to sustain the brief gains observed in the mid-afternoon session to end the day in the red, as selling in selected heavyweights mainly in utility and logistics counters intensified in the final hour of trading.
1y ago
KUALA LUMPUR, Nov 29 (Bernama) -- Public Bank Bhd’s net profit for the third quarter (3Q) of financial year 2024 improved to RM1.91 billion from RM1.70 billion last year from healthy loans and customer deposits growth.
1y ago
KUALA LUMPUR, Nov 29 (Bernama) -- Bursa Malaysia’s main index recovered almost all of its earlier losses at midday, boosted mainly by Public Bank and Axiata.
1y ago
KUALA LUMPUR, Nov 29 (Bernama) -- RHB Investment Bank Bhd (RHBIB) remains upbeat about IHH Healthcare Bhd’s strategic plan for both organic and inorganic growth over the mid-to-long term.
1y ago
KUALA LUMPUR, Nov 29 (Bernama) -- Bursa Malaysia extended its downtrend on Friday, driven by an absence of guidance from Wall Street and persistent concerns over US policy uncertainties.