1y ago
KUALA LUMPUR, Jan 8 (Bernama) -- Malaysia's international reserves were higher year-on-year (y-o-y) at US$116.2 billion (US$1=RM4.48) as at Dec 31, 2024 against US$113.5 billion as at Dec 29, 2023, according to Bank Negara Malaysia (BNM).
1y ago
KUALA LUMPUR, Jan 8 (Bernama) -- Ambiq, a developer of ultra-low-power semiconductors and solutions enabling Edge artificial intelligence (AI), has partnered with ThinkAR, to unveil AiLens, the most lightweight smart glasses designed for everyday wear.
1y ago
KUALA LUMPUR, Jan 8 (Bernama) -- The Malaysian economy is expected to maintain a sustainable growth rate of 5.0 per cent in 2025 from an estimated 4.9 per cent in 2024, supported by a stable labour market condition, conducive fiscal and monetary policies amid lingering external uncertainties, said an economist.
1y ago
KUALA LUMPUR, Jan 8 (Bernama) -- The Johor-Singapore Special Economic Zone (JS-SEZ) can potentially propel Johor to become the southern growth engine for the economy, said RHB Investment Bank Bhd (RHB IB).
1y ago
KUALA LUMPUR, Jan 7 (Bernama) -- OPPO Malaysia has unveiled its latest artificial intelligence (AI)-powered smartphones, the OPPO Reno13 Series, featuring the Reno13 Pro 5G, Reno13 5G, and Reno13 F 5G.
1y ago
KUALA LUMPUR, Jan 7 (Bernama) -- Kenanga Investment Bank Bhd has maintained its “neutral” stance on the seaport and logistics sector as the shipping diversion from the Red Sea continues to weigh down on global trade.
1y ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Jan 6 (Bernama) -- The Data Sharing Bill 2024 is critical as it would enable federal government agencies to share data and strengthen the governance structure within the data-sharing ecosystem.
1y ago
KUALA LUMPUR, Jan 2 (Bernama) -- Malaysia's economic growth is expected to moderate to 4.9 per cent in 2025, slightly above the official target range of 4.5 per cent to 5.5 per cent, taking into account the impact of domestic policies and external challenges, said KSI Strategic Institute for Asia Pacific (KSI).
1y ago
By Nurul Jannah Kamaruddin and Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Jan 1 (Bernama) -- Building on its strong economic performance in 2024, Malaysia is poised to maintain its growth momentum into 2025, with the gross domestic product (GDP) projected to expand by up to 6.0 per cent, said an economist.
1y ago
By Norsyafawati Ab Wahab
KUALA LUMPUR, Dec 31 (Bernama) -- The ringgit emerged as the best-performing currency in Asia in 2024, standing out among major regional peers amid a challenging global economic landscape.
1y ago
KUALA LUMPUR, Dec 31 (Bernama) -- Malaysia’s official reserve assets amounted to US$118.35 billion (US$1=RM4.45), while other foreign currency assets stood at US$255.72 million as at end-November 2024, said Bank Negara Malaysia (BNM).
1y ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Dec 31 (Bernama) -- The ringgit opened higher against the US dollar this morning, despite rising demand for the safe-haven currency amid ongoing global economic uncertainties and heightened geopolitical risks, an analyst said.