8m ago
KUALA LUMPUR, April 4 (Bernama) -- RHB Investment Bank Bhd (RHB IB) has revised Malaysia’s gross domestic product (GDP) forecast for 2025 downwards to 4.5 per cent from an earlier projection of 5.0 per cent, following rising trade tensions and recent tariff hikes that pose a threat to the nation’s export-driven economy.
8m ago
KUALA LUMPUR, March 21 (Bernama) -- The Malaysian automotive sector is expected to see weaker sales in 2025.
8m ago
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.
9m ago
KUALA LUMPUR, March 20 (Bernama) -- Eco World Development Group Bhd has recorded a net profit of RM80.34 million in the first quarter (1Q) ended Jan 31, 2025, from RM69.63 million in the same period last year.
9m ago
KUALA LUMPUR, March 17 (Bernama) -- Malaysia’s technology (tech) sector earnings are projected to grow this year, riding on stronger demand and overall recovery in the semiconductor space amid the United States (US) tariff headwinds, said analysts.
9m ago
KUALA LUMPUR, Feb 27 (Bernama) -- Businesses are anticipating a favourable business environment in the first quarter of 2025 (1Q 2025), underpinned by a positive confidence indicator of 3.2 per cent compared to 4.8 per cent in the previous quarter, according to the Department of Statistics Malaysia (DOSM).
10m ago
KUALA LUMPUR, Feb 12 (Bernama) -- Crude palm oil (CPO) prices are expected to remain stable this year, ranging between RM4,000 and RM5,000 per metric tonne (MT), according to analysts.
10m ago
KUALA LUMPUR, Feb 7 (Bernama) -- The finalised sales and service tax (SST) scope of expansion and the review of the SST rates will be gazetted through subsidiary legislation in the first quarter (1Q) of 2025 after the engagement process is completed to allow sufficient preparation before enforcement of the changes.
10m ago
KUALA LUMPUR, Feb 3 (Bernama) -- Fraser & Neave Holdings Bhd’s (F&N) net profit for the first quarter ended Dec 31, 2024 (1Q 2025) slipped to RM169.018 million from RM170.737 million recorded in 1Q 2024.
11m ago
KUALA LUMPUR, Jan 14 (Bernama) -- CGS International Securities Malaysia Sdn Bhd has maintained its crude palm oil (CPO) price forecast for 2025, premised on higher year-on-year (y-o-y) CPO production and demand rationing.
11m ago
KUALA LUMPUR, Jan 13 (Bernama) -- Crude palm oil (CPO) prices are expected to remain elevated in the first half of 2025 (1H 2025), trading between RM4,400 and RM4,800 per tonne, before moderating in the second half (2H 2025) to MYR4,000-RM4,400 per tonne during the seasonal peak.
11m ago
KUALA LUMPUR, Jan 2 (Bernama) -- Maybank Investment Bank Bhd (Maybank IB) expects crude palm oil (CPO) average selling prices (ASP) to range between RM4,500 and RM5,000 per tonne in the first quarter of 2025 (1Q 2025).