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Manufacturing Sales Value Rises 2.9 Pct To RM162.3 Bln In September-- DOSM

KUALA LUMPUR, Nov 8 (Bernama) -- The manufacturing sector's sales value for September 2024 reached RM162.3 billion, reflecting a 2.9 per cent increase year-on-year (y-o-y), according to the Department of Statistics Department (DOSM).

Bursa Malaysia Marginally Lower In Early Trade

KUALA LUMPUR, Nov 8 (Bernama) -- Bursa Malaysia's key index opened marginally lower in early trade, despite the mostly positive Wall Street performance overnight following the United States (US) Federal Reserve's (Fed) interest rate cut.

Investment Inflows, Strong Business Confidence To Support Malaysia's GDP Growth For 2024, 2025

KUALA LUMPUR, Nov 7 (Bernama) -- An increase in investment inflows, improved tax collection relative to Gross Domestic Product (GDP), and a narrower fiscal deficit are positive catalysts expected to drive Malaysia's economy to grow between 5.0 per cent and 5.5 per cent in 2024 and 2025.

RHB Investment Bank Maintains Malaysia 2025 GDP Forecast At 5.0 Pct Post-Trump Win

KUALA LUMPUR, Nov 6 (Bernama) -- RHB Investment Bank Bhd has maintained Malaysia’s 2025 gross domestic product (GDP) growth forecast at 5.0 per cent based on global assumptions for a Goldilocks backdrop following Donald Trump’s victory in the United States (US) presidential elections.

Seven Out Of 10 Malaysians Believe Country Is On Right Track - IPSOS Survey

KUALA LUMPUR, Nov 6 (Bernama) -- Seven out of 10 Malaysians believe the country is on the right track, according to a survey conducted by market research company Ipsos Sdn Bhd (Ipsos).

Lotte Chemical Titan Posts Higher Net Loss Of RM246.42 Mln In 3Q

KUALA LUMPUR, Nov 6 (Bernama) -- Lotte Chemical Titan Holding Bhd (LCT) posted a wider net loss of RM246.42 million during the third quarter ended Sept 30, 2024 (3Q 2024), as compared to a net loss of RM55.58 million in the same quarter last year.

IILM Reissues Its Largest Year-To-Date Short-Term Ṣukuk Of US$1.31 Bln

KUALA LUMPUR, Nov 5 (Bernama) -- The International Islamic Liquidity Management Corporation (IILM) has completed the reissuance of an aggregate US$1.31 billion (US1=RM4.34) short-term sukuk with tenors of one month, three months, and six months.

Ringgit Stays Strong, Up 5.03 Pct Versus US Dollar As At Nov 4 - Amir Hamzah

KUALA LUMPUR, Nov 5 (Bernama) -- The ringgit’s value is still strong amid recent market developments and adjustments, with the local note rising by 5.03 per cent against the US dollar as at Nov 4, 2024.

Local Rubber Glove Industry Can Recapture Us Market Share Following Tariff Hike -- KPK

KUALA LUMPUR, Nov 5 (Bernama) -- The tariff hike imposed by the United States (US) on Chinese medical gloves offers the local glove industry an opportunity to recapture its US market share, according to the Plantation and Commodities Ministry (KPK).

Sabah Electricity Appeals For Federal Govt Financial Support

KOTA KINABALU, Nov 4  (Bernama) -- Sabah Electricity Sdn Bhd (Sabah Electricity) has insufficient funds and needs federal government financial support to ensure a sustainable power supply, said chairman Datuk Seri Wilfred Madius Tangau.

Malaysia’s ASEAN Chairmanship To Spur Digitalisation, Attract Foreign Investors -- TeamViewer

KUALA LUMPUR, Nov 4 (Bernama) -- Malaysia’s assumption of the ASEAN chairmanship next year will be a catalyst for the country’s adoption of advanced technologies, especially in digitalisation, and make it more appealing to foreign investors. 

Bursa Malaysia Rises As Wall St Gains Boost Sentiment

By Abdul Hamid A Rahman

KUALA LUMPUR, Nov 4 (Bernama) -- Bursa Malaysia opened higher on the week's first trading day, buoyed by Wall Street's overnight gains ahead of tomorrow's United States (US) presidential election.