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 Harizah Hanim Mohamed and Danni Haizal Danial Donald
KUALA LUMPUR, Dec 31 (Bernama) -- Malaysia's equity market delivered a commendable performance in 2024, earning a solid grade close to an “A”, with several key milestones achieved throughout the year, laying the foundation for the main index to reach 1,800 next year, with 50 new listings anticipated.
1y ago
GEORGE TOWN, Dec 31 (Bernama) -- Penang has attracted an impressive investment inflow in the industrial sector this year, with approved investments up to the third quarter (3Q) hitting RM22.6 billion.
1y ago
MELAKA, Dec 31 (Bernama) -- The Southern Gateway Economic Corridor is the best medium for coordinating high-impact development projects that can generate sustainable economic growth.
1y ago
KUALA LUMPUR, Dec 30 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) projects a total industry volume (TIV) of 805,000 units for the automotive industry in 2025, a marginal increase from an estimated 800,000 units in 2024.
1y ago
KUALA LUMPUR, Dec 26 (Bernama) -- Bank Islam Malaysia Bhd (Bank Islam) achieved a significant milestone by surpassing its initial target of RM4 billion in green financing, achieving RM4.8 billion in September 2024, well ahead of its 2025 goal.
1y ago
KUALA LUMPUR, Dec 25 (Bernama) -- Cocoa and pepper continued their upward performance in 2024 driven by higher global demand and the government’s support towards the commodity’s growth.
1y ago
KUALA LUMPUR, Dec 23 (Bernama) -- Export-Import Bank of Malaysia Bhd (Exim Bank) has been recognised as the “Lender of the Year” for its sustainability-focused finance and investment insights at the recent Impact Awards 2024.
1y ago
KUALA LUMPUR, Dec 23 (Bernama) -- The capacity expansion project of the main transformer at the 500-kilovolt (kV) Shangdang Substation in Zhenjiang, Jiangsu Province, was officially put into operation on Dec 16.
1y ago
PUTRAJAYA, Dec 23 (Bernama) -- VentureTECH Sdn Bhd (VentureTECH) and MTC Orec Sdn Bhd (MTC Orec) have formed strategic partnerships to accelerate the development of MTC Orec's biomethane plants, reinforcing both companies' commitment to sustainable growth and renewable energy innovation.
1y ago
KUALA LUMPUR, Dec 23 (Bernama) -- The International Finance Corporation (IFC) and a consortium of six international financial institutions have committed more than US$900 million (US$1 = RM4.50) in financing to Yondr Group’s hyperscale data-centre campus in Malaysia, said the World Bank Group.