KUALA LUMPUR, May 18 — Malaysia-Russia cooperation in the scientific field and higher education will be expanded at the 4th Joint Commission for Economic, Scientific, Technical and Cultural Cooperation (JC-ESTC) meeting in Langkawi in November.

KAZAN, May 18 — Asean countries are looking to revive the idea of creating their own monetary fund, said Prime Minister Datuk Seri Anwar Ibrahim.

JEJU (South Korea), May 17 — Malaysia today reiterated its commitment to fostering a resilient, inclusive, and future-ready trade environment during the 31st Asia-Pacific Economic Cooperation (Apec) Ministers Responsible for Trade (MRT) Meeting, which just concluded in Jeju, South Korea.

KUALA LUMPUR, May 17 — The ringgit’s outlook remains positive going into next week, with the currency expected to hover in the 4.26-4.29 range against the US dollar, according to SPI Asset Management managing partner Stephen Innes.

KUALA LUMPUR, May 16 — RHB Investment Bank Bhd (RHB IB) has maintained its 2025 gross domestic product (GDP) forecast at 4.5 per cent year-on-year (YoY), despite Malaysia’s first quarter 2025 (1Q 2025) GDP growth data coming in slightly lower than expected at 4.4 per cent.

KUALA LUMPUR, May 16 — The ringgit closed lower against the United States (US) dollar on Friday as cautious sentiment on the local note offset a weaker greenback following softer economic data in the US.

KUALA LUMPUR, May 16 — No decision has been made yet regarding the overnight policy rate (OPR) cuts, but Bank Negara Malaysia (BNM) will ensure that its monetary policy stance remains conducive to sustainable economic growth amid price stability, said BNM governor Datuk Seri Abdul Rasheed Ghaffour.

KUALA LUMPUR, May 16 — Headline inflation is expected to remain moderate at below three per cent in 2025, given the further easing in global cost conditions and the absence of excessive demand conditions, said Bank Negara Malaysia (BNM) Governor Datuk Abdul Rasheed Ghaffour.

KUALA LUMPUR, May 16 — Bank Negara Malaysia (BNM) acknowledges the need to revise the gross domestic product (GDP) growth forecast for 2025 amid the global economic uncertainty, but prefers to avoid making revisions based on assumptions, said its governor Datuk Seri Abdul Rasheed Ghaffour.

KUALA LUMPUR, May 16 — Bank Negara Malaysia (BNM) expects any impact from potential United States (US) tariffs on semiconductors to be limited for Malaysia, thanks to the country’s diversified export base and continued demand in key sectors.

KUALA LUMPUR, May 16 — Malaysia’s current account balance (CAB) recorded a RM16.7 billion surplus in the first quarter of 2025 (1Q 2025), equivalent to 3.4 per cent of the gross domestic product (GDP), supported by net exports of goods and a smaller deficit in the secondary income account, said the Department of Statistics Malaysia (DOSM).

KUALA LUMPUR, May 16 — Positive macroeconomic prospects and the ongoing implementation of structural reforms will provide medium-term support for the ringgit, said Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour.

KUALA LUMPUR, May 16 — Loans to the private non-financial sector grew by 5.5 per cent in the first quarter of 2025 (1Q 2025) versus 5.2 per cent in 4Q 2024, amid sustained growth in outstanding loans and higher growth in outstanding corporate bonds.

KUALA LUMPUR, May 16 — Malaysia’s semiconductor and electrical and electronics (E&E) companies will not be able to absorb the United States’ (US) tariff implications or maintain prices for US customers, according to the Malaysia Semiconductor Industry Association (MSIA).

JEJU, May 16 — Malaysia and South Korea are expected to attract more mutual investment through their upcoming free trade agreement (FTA), particularly in high-trade sectors such as electrical and electronics, semiconductors, and automotive.

KUALA LUMPUR, May 16 — The Malaysian economy expanded by 4.4 per cent in the first quarter of 2025 (1Q 2025), compared to 4.2 per cent in 1Q 2024., driven by sustained household spending supported by favourable labour market conditions and government policies.

KUALA LUMPUR, May 15 — The ringgit closed marginally higher against the United States (US) dollar today, buoyed by mild demand, as traders remained cautious while monitoring ongoing economic developments.

KAZAN, May 15 — Prime Minister Datuk Seri Anwar Ibrahim was today honoured with a request to deliver a lecture at a renowned academic institution in Russia, the Moscow State Institute of International Relations (MGIMO).

SHAH ALAM, May 15 — Effective today, the price of imported white rice (BPI) at all Padiberas Nasional Bhd (Bernas) warehouses has been set at RM2,600 per metric tonne.

PUTRAJAYA, May 15 — Malaysia’s labour demand rose 1.4 per cent in the first quarter (Q1) of 2025, reaching 9.06 million jobs compared to 8.94 million in the same period last year, according to the Employment Statistics released today by the Department of Statistics Malaysia (DOSM).