1m ago
KUALA LUMPUR, April 1 (Bernama) -- Bank Negara Malaysia (BNM) has projected Malaysia’s current account surplus to widen to 1.5-2.5 per cent of gross domestic product (GDP) in 2026, according to CIMB Treasury and Market Research.
1m ago
By Kisho Kumari Sucedaram
KUALA LUMPUR, March 8 (Bernama) -- Amid the ongoing conflict in the Middle East, which has thrown the aviation industry into chaos and left thousands of travellers stranded, it is heart-warming to see the global aviation community joining hands to evacuate passengers safely to their respective destinations.
1m ago
By Kisho Kumari Sucedaram
KUALA LUMPUR, March 6 (Bernama) -- Lufthansa Group is hoping to resume flights gradually to parts of the Middle East from this weekend onwards.
3m ago
KUALA LUMPUR, Jan 20 (Bernama) -- The ringgit is expected to trade within the range of 4.0-4.20 against the US dollar this year, supported by structural improvements in Malaysia’s external accounts, although its upside remains constrained by global portfolio outflows and a stronger dollar.
4m ago
By Siti Radziah Hamzah
KUALA LUMPUR, Dec 22 (Bernama) – The ringgit was Asia’s best-performing currency this year against its regional peers, with its gains underpinned by strong economic fundamentals and buoyant exports, while interest rate cuts by the United States Federal Reserve (Fed) provided pivotal support to the local currency.
4m ago
KUALA LUMPUR, Dec 11 (Bernama) -- Global financial crime watchdog Financial Action Task Force and Asia/Pacific Group on Money Laundering said Malaysia has recorded significant asset recovery through clear emphasis at policy and operational levels, resulting in a 15-fold increase since the 2015 mutual evaluation report, totalling RM37.63 billion in assets.
5m ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Nov 22 (Bernama) -- The ringgit is expected to trade between 4.13 and 4.16 against the US dollar next week, with a slight upward bias after mainly weakening this week as markets lowered expectations of a United States interest rate cut at the December meeting.
5m ago
KUALA LUMPUR, Nov 14 (Bernama) -- Malaysia’s current account position is set to improve with tailwinds strengthening through 2025-2026 and a higher projected surplus of 1.8 per cent of gross domestic product (GDP) versus 1.4 per cent previously.
5m ago
KUALA LUMPUR, Nov 14 (Bernama) -- The ringgit is expected to remain well supported by the global backdrop, as seasonal patterns suggest the local note’s gains still have legs in December before a pause, according to CIMB Investment Bank Bhd.
7m ago
KUALA LUMPUR, Sept 10 (Bernama) -- The ringgit is projected to strengthen to 4.08 against the US dollar by year end, underpinned by Malaysia’s macroeconomic stability, ongoing reforms and investor rotation out of US assets, Kenanga Investment Bank (IB) Bhd said.
8m ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Sept 3 (Bernama) -- Some may argue that the approved investments reported by the Malaysian Investment Development Authority (MIDA) and the foreign direct investment (FDI) figures from the Department of Statistics Malaysia (DOSM) for the first half of 2025 (1H 2025) appear contradictory.
10m ago
KUALA LUMPUR, June 10 (Bernama) -- Maybank Investment Bank Bhd expects catalysts, such as asset recycling and new acquisitions, to support the Real Estate Investment Trust (REIT) sector in the second half of 2025 (2H 2025), as management across the sector maintains a cautiously optimistic outlook.