Nestle Malaysia's Net Profit Falls To RM415.62 Mln In FY2024
KUALA LUMPUR, Feb 25 (Bernama) -- Nestle (Malaysia) Bhd’s net profit slipped to RM415.62 million in the financial year ended Dec 31, 2024 (FY2024) against RM659.87 million in FY2023.
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Rubber Market Ends Mixed Amid Tariff Concerns And Oil Price Decline
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Feb 21 (Bernama) -- The Kuala Lumpur rubber market closed mixed on Friday, tracking declines in regional rubber futures markets amid rising concerns over the US trade tariff decision, said a dealer.
Malaysia's GDP Growth To Remain Solid At 4.9 Pct In 2025 - Investment Banks
KUALA LUMPUR, Feb 17 (Bernama) -- Malaysia’s economic growth is expected to remain solid at 4.9 per cent year-on-year (y-o-y) in 2025, according to local investment banks.
Ringgit Opens Higher Against US Dollar On Stronger GDP Growth In 4q 2024
KUALA LUMPUR, Feb 17 (Bernama) -- The ringgit opens higher against the US dollar and ASEAN currencies due to stronger Malaysia’s gross domestic product (GDP) growth in the final quarter (4Q) of 2024, said an analyst.
5.1 Pct GDP Growth In 2024 Reflects MADANI Govt's Determination To Boost Economy
KUALA LUMPUR, Feb 14 (Bernama) -- The 5.1 per cent gross domestic product (GDP) growth achieved in 2024, which exceeds the initial official forecast of four to five per cent, reflects the MADANI government’s confidence and determination to turn around the Malaysian economy, said the Ministry of Finance (MoF).
RHB Maintains Malaysia’s 2025 GDP Growth Forecast At 5.0 Pct
KUALA LUMPUR, Feb 14 (Bernama) -- RHB Investment Bank Bhd (RHB IB) has maintained its forecast for Malaysia's gross domestic product (GDP) growth at 5.0 per cent in 2025, driven by ongoing multi-year projects, rising household incomes, and improving global monetary conditions.
Kenanga IB Maintains Malaysia's 2025 Distributive Trade Forecast At 6.5 Pct
KUALA LUMPUR, Feb 13 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) has maintained Malaysia’s distributive trade forecast at 6.5 per cent in 2025 from 5.5 per cent in 2024, driven by higher income prospects and tourism.
Services Sector Revenue Up 6.3 Pct To Record High Of RM2.4 Trillion In 2024 - DOSM
KUALA LUMPUR, Feb 12 (Bernama) -- Malaysia’s services sector revenue surged 6.3 per cent to a new high RM2.4 trillion in 2024 compared with RM2.3 trillion in the previous year, said the Department of Statistics Malaysia (DOSM) today.
Maybank IB Raises 2025 TIV Forecast By Five Pct To 790,000 Units
KUALA LUMPUR, Feb 5 (Bernama) -- Maybank Investment Bank (Maybank IB) has raised its total industry volume (TIV) forecast for this year by five per cent to 790,000 units, up from its previous estimate of 750,000 units.
Ringgit Opens Slightly Higher Against US Dollar Amid Higher DXY
KUALA LUMPUR, Jan 31 (Bernama) -- The ringgit opened slightly higher against the US dollar amid higher US Dollar Index (DXY) and strong economic data supporting the greenback, an analyst said.
Economic Growth In 2025 To Be Driven By Domestic Demand, Investments -- Alliance Bank
KUALA LUMPUR, Jan 23 (Bernama) -- Malaysia’s economy is poised for growth in 2025 as domestic demand is likely to strengthen further with sustained consumer spending and ongoing increase in investment activities, said Alliance Bank Malaysia Bhd.