1y ago
KUALA LUMPUR, Oct 3 (Bernama) -- The ASEAN+3 Macroeconomic Research Office (AMRO) has pared down its 2024 economic growth forecast for the region to 4.2 per cent, down from 4.4 per cent in July, largely driven by revised growth projections for China and Vietnam.
1y ago
KUALA LUMPUR, Oct 3 (Bernama) -- Malaysia's strong economic fundamentals are among the factors supporting the ringgit's growth, even during times of currency weakness, said Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour.
1y ago
KUALA LUMPUR, Oct 3 (Bernama) -- Duck Creek Technologies, the intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, introduced its latest insurance-focused payments solution, the Duck Creek Payments Facilitator.
1y ago
KUALA LUMPUR, Oct 3 (Bernama) -- Malaysia’s Producer Price Index (PPI) decreased by 1.9 per cent in 2023 (2022: 7.8 per cent), mainly due to the contraction in the agriculture, forestry fishing (-13.8 per cent), according to the Department of Statistics Malaysia (DoSM).
1y ago
SERDANG, Oct 3 (Bernama) -- Universiti Putra Malaysia (UPM) and semiconductor giant NXP Malaysia have entered a strategic partnership to boost the growth of Malaysia’s semiconductor and electronics industry.
1y ago
KUALA LUMPUR, Oct 3 (Bernama) -- Mavenir, the cloud-native network infrastructure provider, has won the Leading Lights Network Energy Efficiency Award for its Energy-Efficient 5G User Plane Function (UPF) solution.
1y ago
KUALA LUMPUR, Oct 3 (Bernama) -- OCBC Global Market Research sees Malaysia meeting its fiscal deficit target of 4.3 per cent of gross domestic product (GDP) this year and expects the government to target an even narrower deficit of between 3.5 and 3.8 per cent in 2025.
1y ago
From Kisho Kumari
MANILA, Oct 3 (Bernama) -- Philippines is actively exploring joint venture opportunities for the country’s airport development.
1y ago
KUALA LUMPUR, Oct 3 (Bernama) -- Malaysian exhibitors at the 21st China-ASEAN Expo (CAEXPO) in Nanning, China, last week performed beyond expectations, generating total sales of RM402.88 million-well above the RM320 million target set for the event.
1y ago
KUALA LUMPUR, Oct 3 (Bernama) -- Sunway Bhd shares on Bursa Malaysia went up in the early session today after it announced plans to buy a 7.11-hectare (ha) prime land in Cheras for RM320 million, earmarking it for mixed-use development.
1y ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Oct 3 (Bernama) -- Budget 2025 should include more robust and flexible policies aimed at enhancing solar adoption, both for businesses and homeowners, according to Plus Xnergy Holdings Sdn Bhd.
1y ago
KUALA LUMPUR, Oct 3 (Bernama) -- CIMB Securities Sdn Bhd is projecting the fiscal deficit to narrow to 3.8 per cent of gross domestic product (GDP) in 2025 from an estimated 4.3 per cent this year, with the growth in government revenue expected to outpace operating expenditure (opex).