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Bursa Malaysia Ends Morning Session Higher On Stronger Sentiment

KUALA LUMPUR, March 25 (Bernama) -- Bursa Malaysia ended the morning session higher, buoyed by renewed buying in heavyweight banking and telecommunications stocks amid improved market sentiment.

Domestic Demand To Buffer Malaysia's Economy Against External Uncertainties -- BNM Governor

KUALA LUMPUR, March 24 (Bernama) -- Strong domestic demand will continue to buffer Malaysia's economy against external uncertainties, including possible repercussions from the imposition of US tariffs.

BNM: Decentralised Reserves Bolster Malaysia’s External Position

KUALA LUMPUR, March 24 (Bernama) – Bank Negara Malaysia (BNM) said its long-standing policy of decentralising international reserves had led to the accumulation of sizeable non-reserve external assets, strengthening Malaysia’s external position.

BNM Assets Drop To RM621.54 Bln In 2024, Dividend To Govt Totals RM5.25 Bln

KUALA LUMPUR, March 24 (Bernama) – Bank Negara Malaysia’s (BNM) total assets as at Dec 31, 2024 decreased 1.61 per cent to RM621.54 billion from RM631.74 billion in the previous year, with international reserves continuing to account for the bulk of assets at 84 per cent (2023: 82 per cent).

BNM: Islamic Finance Expands To RM1.13 Bln In 2024, Takaful Growth Moderates On Rising Costs

KUALA LUMPUR, March 24 (Bernama) – The Islamic banking and takaful industries continued to record positive growth in 2024, with the Islamic banking industry’s share of total financing in the financial system increasing to 46.6 per cent last year from 45.6 per cent in 2023.

BNM To Ensure Monetary Stability Amid Global Challenges

KUALA LUMPUR, March 24 (Bernama) – Bank Negara Malaysia (BNM) will remain steadfast in ensuring monetary stability to support sustainable economic growth in the long term.

Life Insurance, Takaful Funds See Profit Decline In 2h 2024 Amid Weaker Investment, Rising Medical Payouts

KUALA LUMPUR, March 24 (Bernama) -- The overall profitability of life insurance and family takaful funds declined in the second half of 2024 (2H 2024) to RM4.1 billion compared to 1H 2024’s RM8.4 billion due to weaker investment performance and larger net underwriting losses.

Economy To Grow 4.5 - 5.5 Percent In 2025 Anchored By Domestic Demand, Exports To Moderate - BNM

KUALA LUMPUR, March 22 (Bernama) — Malaysia's economy is expected to expand by 4.5 per cent to 5.5 per cent in 2025, primarily driven by strong domestic demand and a robust investment landscape with exports expected to moderate amid heightened external uncertainties, Bank Negara Malaysia (BNM) said.

ASEAN, Including Malaysia, Benefits From China's Supply Chain Diversification - Moody's

KUALA LUMPUR, March 21 (Bernama) -- ASEAN economies, particularly Vietnam, Malaysia, and India, have benefited from China's supply chain diversification, primarily in textiles and electronics, according to Moody's Ratings.

MAG's Order Of New Aircraft Reaffirms Its Commitment To Growth -- PM Anwar

PUTRAJAYA, March 21 (Bernama) -- Malaysia Aviation Group (MAG) has placed a firm order for 30 Boeing 737 aircraft, comprising 18 Boeing 737-8 and 12 Boeing 737-10 models and powered by CFM LEAP-1B engines, said Prime Minister Datuk Seri Anwar Ibrahim.

PCG’s Olefins And Derivatives Segment To Stay Under Pressure In 1Q 2025 - CIMB

KUALA LUMPUR, March 21 (Bernama) -- Petronas Chemicals Group Bhd's (PCG) olefins and derivatives (O&D) segment is expected to remain under pressure in the first quarter (1Q) of 2025, with plant utilisation projected to hover around 70 per cent, excluding the Pengerang Petrochemicals Complex (PPC), CIMB Securities Sdn Bhd said.

Investment Banks Positive On Top Glove Amid Expected Sales Growth As Inventory Depletes

KUALA LUMPUR, March 21 (Bernama) -- RHB Investment Bank Bhd (RHB IB) has upgraded Top Glove Corporation Bhd to a ‘buy’ call from a ‘sell’ call, citing potential improvements in sales volumes by June, the fourth quarter of the financial year 2025 (4Q FY2025), as United States (US) customers’ inventory levels are fully depleted.