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5.1 Pct GDP Growth In 2024 Reflects MADANI Govt's Determination To Boost Economy

KUALA LUMPUR, Feb 14 (Bernama) -- The 5.1 per cent gross domestic product (GDP) growth achieved in 2024, which exceeds the initial official forecast of four to five per cent, reflects the MADANI government’s confidence and determination to turn around the Malaysian economy, said the Ministry of Finance (MoF).

Malaysia’s Economy Grows 5.1 Pct in 2024, In Line With Govt's Target

KUALA LUMPUR, Feb 14 (Bernama) -- The Malaysian economy grew by 5.1 per cent in 2024, up from 3.6 per cent in 2023, aligning with the government’s target of 4.8 per cent to 5.3 per cent year-on-year.

Malaysia's RE Sector Seen Entering 'Supercycle' As Country Accelerates Energy Transition

KUALA LUMPUR, Feb 14 (Bernama) -- Malaysia's renewable energy (RE) sector is expected to enter a “multi-decade supercycle” as the country accelerates its energy transition.

DeepSeek Can Drive AI Adoption In Malaysia, Attracting Global Investors - Fadillah

KUALA LUMPUR, Feb 13 (Bernama) -- DeepSeek presents new opportunities for financial investors looking to support the next wave of artificial intelligence (AI)-driven businesses in Malaysia that go beyond just technology, said Deputy Prime Minister Datuk Seri Fadillah Yusof.

BNM Issues Discussion Paper On National Strategy For Financial Literacy 2026-2030, Seeks Feedback

KUALA LUMPUR, Feb 13 (Bernama) -- Bank Negara Malaysia (BNM), via the Financial Education Network (FEN), has issued a discussion paper outlining the proposed features of Malaysia’s second National Strategy for Financial Literacy (NSFL) 2026 - 2030.

MIDF Sees Malaysia's Fourth Quarter GDP Growth At 4.8 Pct

KUALA LUMPUR, Feb 13 (Bernama) -- MIDF Amanah Investment Bank Bhd sees Malaysia’s gross domestic product (GDP) growth for the fourth quarter of 2024 (4Q 2024) at 4.8 per cent, similar to the government’s advance estimate.

MRT, Sunway Integrated To Develop Bukit Chagar Development With GDV Of RM2.6 Bln

JOHOR BAHRU, Feb 13 (Bernama) -- Mass Rapid Transit Corporation Sdn Bhd (MRT Corp) and Sunway Integrated Properties Sdn Bhd have signed a strategic collaboration to develop the Bukit Chagar Integrated Development with an estimated gross development value (GDV) exceeding RM2.6 billion. 

Malaysia Must Fully Leverage Its Strong Aerospace Ecosystem – MITI

KUALA LUMPUR, Feb 13 (Bernama) -- Malaysia should capitalise its strong aerospace ecosystem and must maximise its potential to drive industry growth, said Investment, Trade, and Industry (MITI) deputy secretary-general (Industry), Datuk Hanafi Sakri.

Malaysia’s Property Sector Resilient In 2025, Driven By Strong Demand And Key Catalysts – MIDF

KUALA LUMPUR, Feb 13 (Bernama) -- Malaysia’s property sector is expected to remain resilient in 2025, driven by sustained buying interest, a declining property overhang, and key catalysts such as the Johor-Singapore Special Economic Zone (JS-SEZ) and the Johor Bahru-Singapore Rapid Transit System (RTS), said a research house.

Muafakat Between Indonesia, Malaysia Must Extend Beyond Economic Collaboration

SHAH ALAM, Feb 12 (Bernama) -- Indonesia and Malaysia’s muafakat must extend beyond economic collaboration to include enhanced cybersecurity, counterterrorism efforts, and maritime security in the Indo-Pacific region, said Senior Political Secretary to the Prime Minister, Datuk Seri Shamsul Iskandar Mohd Akin. 

Pavilion REIT Posts RM409.92 Mln Net Profit For FY2024

KUALA LUMPUR, Feb 12 (Bernama) -- Pavilion Real Estate Investment Trust (Pavilion REIT) posted a lower net profit of RM409.92 million for the financial year ended Dec 31, 2024 (FY2024) from RM431.79 million last year, mainly driven by higher borrowing costs due to drawdown of additional borrowings for the acquisition of investment property.

ASEAN To See US$100 Bln Boost To GDP With Increased EO Data Adoption -- Report

SINGAPORE, Feb 11 (Bernama) -- The increased adoption of Earth Observation (EO) data across Southeast Asia is estimated to contribute an additional US$100 billion to the region’s gross domestic product (GDP) cumulatively from 2023 to 2030, according to a report launched today.