KUALA LUMPUR, June 26 — MIDF Research anticipates Malaysia’s equity market will continue its positive momentum in the second half of this year (2H2024).
KUALA LUMPUR, June 26 — Malaysia’s total services trade registered RM433.2 billion in 2023, representing 23.8 per cent of the gross domestic product (GDP) at current prices, said the Department of Statistics Malaysia (DOSM).
KUALA LUMPUR, June 26 — The ringgit strengthened against the United States dollar at the opening today, bolstered by expectations that Bank Negara Malaysia (BNM) will maintain the overnight policy rate (OPR) at 3 per cent due to higher inflation in May.
KUALA LUMPUR, June 26 — The boycott of businesses alleged to have ties to Israel, especially in food and beverage, has had less direct impact on the national economy, but has slightly affected the employment sector.
KUALA LUMPUR, June 25 — The ringgit ended higher against the US dollar today as a higher-than-expected Consumer Price Index (CPI) print for May suggests that Bank Negara Malaysia (BNM) may keep the Overnight Policy Rate (OPR) steady, supporting the local currency.
KUALA LUMPUR, June 25 — RHB Investment Bank Bhd has lowered its 2024 headline inflation projection for Malaysia to 2.6 per cent year-on-year (y-o-y) from the previous forecast of 3.3 per cent.
KUALA LUMPUR, June 25 — Malaysia's inflation rate climbed to 2.0 per cent in May compared to a 1.8 per cent hike in April.
KUALA LUMPUR, June 25 — The ringgit opened higher against the US dollar today as cautious global economic sentiment prompted some investors to shift towards emerging currencies, including the ringgit, a dealer said.
KUALA LUMPUR, June 24 — The ringgit ended flat against the US dollar today after trading in a narrow range throughout the day.
KUALA LUMPUR, June 24 — The government is confident that Malaysia will still achieve its official inflation rate and economic growth projections for 2024 even with the implementation of the diesel subsidy retargeting, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
KUALA LUMPUR, June 24 — Bank Negara Malaysia (BNM) has updated the Financial Consumer Alert (FCA) List to include six new entities that are neither authorised nor approved by the central bank.
KUALA LUMPUR, June 24 — Bursa Malaysia opened marginally lower in the early trade today, extending its downtrend from the profit-taking activities last week.
KUALA LUMPUR, June 24 — The ringgit opened easier against the US dollar today as investors continued to favour safe haven currencies in light of the current cautious economic outlook, an economist said.
PUTRAJAYA, June 23 — The Domestic Trade and Cost of Living Ministry (KPDN) is coordinating appeals from certain transport sectors that want to participate in the Subsidised Diesel Control System (SKDS) to be forwarded to the Appeals Committee.
NIBONG TEBAL, June 22 — The Agriculture and Food Security Ministry (MAFS) has asked the Federal Agricultural Marketing Authority (Fama) to help durian kampung growers export their fresh fruit to China.
KUALA LUMPUR, June 22 — The government is confident Malaysia’s position in the IMD World Competitiveness Ranking 2025 will improve from this year’s, driven by the increase in high-tech product exports.
KUALA LUMPUR, June 21 — The Kuala Lumpur City Hall (DBKL), through the Kuala Lumpur Structure Plan 2040, aims for a 100 per cent rise in green spaces across Kuala Lumpur by 2040.
KUALA LUMPUR, June 21 — The Real Estate and Housing Developers’ Association Malaysia (Rehda) is targeting a sales value of more than RM30 million at the three-day Malaysia Property Exposition (Mapex).
PETALING JAYA, June 21 — Most of the issues highlighted in the World Competitiveness Ranking 2024 report by the IMD were resolved in the first quarter (1Q) this year, said Prime Minister Datuk Seri Anwar Ibrahim.
PUTRAJAYA, June 21 — The Communications Ministry has instructed the Malaysian Communications and Multimedia Commission (MCMC) to begin the process of determining and appointing a mobile network operator (MNO) to develop Malaysia’s second 5G network.
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