BNM Cuts OPR By 25 Bps To 2.75 Pct
KUALA LUMPUR, July 9 (Bernama) -- Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) has reduced the Overnight Policy Rate (OPR) by 25 basis points to 2.75 per cent today.
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Bursa Malaysia Remains Lower At Midday As Profit-taking Continues
KUALA LUMPUR, June 17 (Bernama) -- Bursa Malaysia remained easier at midday today due to continuing profit-taking, especially on plantation and energy stocks, said analysts.
Malaysia Wholesale, Retail Trade Sales Reached RM151.7 Bln In April 2025 -- DOSM
KUALA LUMPUR, June 13 (Bernama) -- Malaysia’s April 2025 wholesale and retail trade registered total sales of RM151.7 billion, reflecting a 4.7 per cent growth year-on-year (y-o-y), according to the Statistics Department Malaysia (DOSM).
Tax Experts: Targeted SST Review Supports Fiscal Health
By Anas Abu Hassan
KUALA LUMPUR, June 9 (Bernama) -- The revision of Sales Tax rates and the expansion of the Service Tax scope form part of targeted fiscal measures to keep the nation’s finances on a sustainable path, tax experts said.
Ringgit Strengthens Against Greenback As Trump Administration Pushes Disruptive Trade Policies
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, June 4 (Bernama) -- The ringgit continued to strengthen against the US dollar on Wednesday, as the US economy is perceived as fragile amid the Trump administration’s continued push for disruptive trade policies.
Aeon Profit Rises 18 Pct To RM68.1 Mln In 1Q
KUALA LUMPUR, May 20 (Bernama) -- Aeon Co (M) Bhd’s net profit for the first quarter (1Q) of 2025 rose 18 per cent to RM68.10 million from RM57.39 million a year earlier, supported by seasonal spending uplift from the double festive celebrations within the quarter.
1Q GDP Growth In Line With Advance Estimates, Higher Than Previous Corresponding Quarter -- MOF
KUALA LUMPUR, May 16 (Bernama) -- A rousing performance across key economic sectors lifted Malaysia’s gross domestic product (GDP) by 4.4 per cent in the first quarter of 2025 (1Q 2025), in line with the GDP advance estimates and higher than the 4.2 per cent growth recorded in 1Q 2024.
Analysts Maintain ‘buy’ On 99 Speed Mart After Solid 1Q Results
KUALA LUMPUR, May 16 (Bernama) -- Analysts maintained a positive outlook on 99 Speed Mart Retail Holdings Bhd (99 Speed Mart) following its first quarter (1Q) results for the financial year ended March 31, 2025 (FY2025).
News Analysis: US Tariffs Pose Short-Term Threat, ASEAN Resilience Will Prevail Over Long Term
KUALA LUMPUR, May 13 (Bernama-Xinhua) -- Wide-ranging unilateral tariffs imposed by the administration of the US President Donald Trump will cause short-term problems for certain sectors of the export-oriented states of the Association of Southeast Asian Nations (ASEAN) grouping, but will lose their bite over time considering the resilience of these countries, according to analysts.
Malaysia’s Services Sector Up 6 Pct Y-o-Y In 1Q 2025
KUALA LUMPUR, May 13 (Bernama) -- Malaysia’s services sector grew by 6.0 per cent year-on-year in the first quarter of 2025 (1Q 2025), reaching RM630 billion in revenue, according to the Department of Statistics Malaysia (DoSM).
MIDF Maintains Retail Sales Growth Forecast Of 4.6 Pct In 2025
KUALA LUMPUR, April 11 (Bernama) -- MIDF Amanah Investment Bank Bhd is maintaining its forecast of retail sales growth of 4.6 per cent in 2025, down from the 5.5 per cent expansion recorded in 2024.
Malaysia's Wholesale And Retail Trade Records RM148.3 Bln In Sales In February 2025
KUALA LUMPUR, April 11 (Bernama) -- Malaysia’s wholesale and retail trade sector recorded total sales of RM148.3 billion in February 2025, marking a year-on-year (y-o-y) growth of 5.1 per cent, said the Department of Statistics Malaysia (DOSM).