KUALA LUMPUR, Aug 21 — The use of adhesive stamps (revenue stamps) and postal franking machines as a method of stamping documents or agreements will be terminated beginning Jan 1, 2024.

KUALA LUMPUR, Aug 21 — Real estate technology group Juwai IQI expects Malaysia’s gross domestic product  to grow by 4.7 per cent this year, with a forecast of 4.9 per cent for 2024.

KUALA LUMPUR, Aug 21 — BMI, a Fitch Solutions company, has revised upward its projection on total vehicle sales in Malaysia for 2023 to rise by 3.8 per cent, which is in contrast to its previous forecast of a 9.0 per cent decline.

KUALA LUMPUR, Aug 21 — Moody's Analytics reckons that the 4 per cent growth forecast for Malaysia in 2023 is reasonable for countries in the region although this will be at the lower end of Bank Negara Malaysia’s estimated range.

KUALA LUMPUR, Aug 21 — The ringgit opened little changed against the US dollar this morning as sentiments were mixed in light of the United States’ (US) thriving economy and China’s wobbling economy, said an analyst.

By Nadirah H.

JOHOR BAHRU, Aug 20 — The Sarawak Gold 1 (SG1) pineapple is set to have great potential and can be a game-changer in the country’s pineapple industry, said the Malaysian Pineapple Industry Board.

JAKARTA, Aug 20 – Malaysia calls on the European Union (EU) to implement the principle of just transition towards the application of sustainability principles to achieve resilient and sustainable socio-economic improvement.

KUALA LUMPUR, Aug 19 — Malayan Banking Bhd (Maybank) has allocated RM80 million for corporate responsibility programmes this year, which is part of its initiative to drive the environmental, social, and corporate governance (ESG) agenda.

KUALA LUMPUR, Aug 19 — Analysts have projected Malaysia’s economy to expand between 4.0 and 4.3 per cent for 2023, and have mixed views on the overnight policy rate (OPR) following the slower-than-expected gross domestic product (GDP) growth in the second quarter (2Q) of the year.

KUALA LUMPUR, Aug 19 — The ongoing uncertainties over China's economic outlook will continue to influence the currency markets and drag the ringgit to trade in a tight range next week, said an economist.

KUALA LUMPUR, Aug 18 — OCBC Bank sees no change in Bank Negara Malaysia’s (BNM) monetary policy stance for the rest of 2023 and into 2024 despite the lower-than-expected 2.9 per cent gross domestic product (GDP) growth recorded in the second quarter (2Q).

KUALA LUMPUR, Aug 18 — The government is confident of meeting its gross domestic product (GDP) forecast of 4.0 per cent to 5.0 per cent for 2023 as the domestic economy remains vibrant with many indicators showing healthy trends, said Prime Minister Datuk Seri Anwar Ibrahim.

KUALA LUMPUR, Aug 18 — The ringgit ended the week firmer against the US dollar today after China continues to set the tone for intervention amid growing concerns about its economy, an analyst said.

KUALA LUMPUR, Aug 18 — Malaysia’s second-quarter gross domestic product (GDP) growth of 2.9 per cent reflects a 'business cycle slowdown' rather than an impending recession, in line with global trends, economists said.

KUALA LUMPUR, Aug 18 — The economy expanded by 2.9 per cent in the second quarter (Q2) this year, supported by the improving labour market and continued increase in domestic demand and tourism activities, said the Statistics Department (DOSM).

KUALA LUMPUR, Aug 18 — Bursa Malaysia opened higher today but retreated thereafter due to extended profit taking in selected heavyweights amid mostly weaker sentiment in regional bourses, said dealers.

KUALA LUMPUR, Aug 17 — The ringgit retreated from yesterday's gains to end lower against the greenback on Thursday as the minutes from the United States’ Federal Open Market Committee (FOMC) pointed to US interest rates staying higher for longer, an economist said.

KUALA LUMPUR, Aug 17 —The Entrepreneur Development and Cooperatives Ministry will hold two dialogue sessions on Budget 2024 with industry players soon.

PETALING JAYA, Aug 17 — Property developers maintained a ‘neutral’ outlook for the second half of 2023 (2H 2023), but are optimistic for the first half of 2024 (1H 2024), said Real Estate and Housing Developers’ Association Malaysia (Rehda) president Datuk NK Tong.