1y ago
By Karina Imran
KUALA LUMPUR, Oct 25 (Bernama) -- Bursa Malaysia remained lower at midday as sentiment on the local front remained negative, mirroring the mixed performance on regional markets, said an analyst.
1y ago
KUALA LUMPUR, Oct 25 (Bernama) -- Bursa Malaysia opened slightly higher today on volatile trading amid Wall Street's mixed sentiment after corporate earnings showed varying performances, said an analyst.
1y ago
KUALA LUMPUR, Oct 24 (Bernama) -- Malaysia’s inflation is likely to trend at 2.3 per cent in 2024 and 2.9 per cent in 2025, compared to Bank Negara Malaysia’s (BNM) forecast of between 2 per cent and 3.5 per cent for 2024, Allianz SE chief economist Ludovic Subran said.
1y ago
KUALA LUMPUR, Oct 24 (Bernama) -- MIDF Amanah Investment Bank Bhd has revised its 2024 inflation forecast downward to two per cent from 2.3 per cent previously, taking into account the absence of subsidy rationalisation this year.
1y ago
By Karina Imran
KUALA LUMPUR, Oct 24 (Bernama) -- Bursa Malaysia continued its downtrend to close lower today for the fourth day running, in line with regional peers due to a broad global equity sell-off, said an analyst.
1y ago
KUALA LUMPUR, Oct 24 (Bernama) -- The ringgit is expected to strengthen by five per cent if the current United States (US) Vice President Kamala Harris is elected as US President before the end of the year, said Allianz SE chief economist Ludovic Subran.
1y ago
KUALA LUMPUR, Oct 24 (Bernama) -- Bursa Malaysia remained on a downtrend at the end of the morning trading session today, dragged down by profit-taking in selected heavyweights amidst weaker sentiments among regional peers, said an analyst.
1y ago
By Siti Noor Afera Abu
KUALA LUMPUR, Oct 23 (Bernama) -- The ringgit continued to weaken against the US dollar on Wednesday as uncertainty surrounding the outcome of the US presidential election on Nov 5 weighed on the local currency.
1y ago
KUALA LUMPUR, Oct 22 (Bernama) -- Tan Sri Rafidah Aziz suggested to the government that the provision of targeted subsidies that will be implemented next year should be refined by carrying out a cost-benefit analysis to ensure that the plans benefit the people.
1y ago
By M. Saraswathi
KUALA LUMPUR, Oct 22 (Bernama) -- For a utility company such as Tenaga Nasional Bhd (TNB), a solid financial position, underpinned by a healthy balance sheet, low debt, and strong cash flow, enables it to allocate capital towards infrastructure upgrades, research and development, and operational improvements that benefit end consumers.
1y ago
KUALA LUMPUR, Oct 21 (Bernama) -- Malaysia and Singapore are the two countries in ASEAN with well-established credit bureaux which aggregate extensive data from various sources, supported by the high level of banking penetration in their economies, according to Moody’s.
1y ago
KUALA LUMPUR, Oct 21 (Bernama) -- Department of Statistics Malaysia (DoSM) has reported that advance estimates indicate Malaysia's economy grew by 5.3 per cent in the third quarter (3Q) of 2024, following a robust 5.9 per cent growth in the preceding quarter.