KUALA LUMPUR, Sept 4 — Bank Negara Malaysia's (BNM) international reserves amounted to US$104.4 billion (RM433.2 billion) as at August 28, 2020, slightly higher compared with US$104.3 billion (RM432.8 billion) as at August 14, 2020.
KUALA LUMPUR, Aug 27 — Malaysia’s exports are expected to moderately decline 3.5 per cent this year compared with a growth of 1.7 per cent (worth RM986.38 billion) in 2019, said the Malaysia External Trade Development Corporation (MATRADE).
KUALA LUMPUR, Aug 26 — The rise of millennial retail investors and adoption of online trading by Malaysian retail investors are positive trends for retail trading activities, said CGS-CIMB Research.
KUALA LUMPUR, Aug 26 — Short-term rates are expected to remain stable today on Bank Negara Malaysia’s (BNM) interventions to absorb surplus liquidity from the financial system.
KUALA LUMPUR, Aug 25 — Malaysia's flagship budget airline AirAsia Group Bhd flipped to a loss in the second quarter, it said on Tuesday, charting a fourth straight quarterly loss as revenue took a hit from the coronavirus pandemic.
KUALA LUMPUR, Aug 25 — Banks in Malaysia are Southeast Asia’s most committed financial institutions in terms of helping businesses as well as individuals during the Covid-19 pandemic, with up to 55 per cent of the total loan book in the country under moratorium support, a fund manager said.
SINGAPORE, Aug 25 — Asia's stock markets opened higher on Tuesday following a Wall Street rally driven by vaccine hopes, while the dollar found some support ahead of a key central bank speech.
PUTRAJAYA, Aug 24 — The National Audit Department has proposed 23 recommendations for three ministries and seven federal departments in the 2019 Auditor-General's Report Series 1, said Auditor-General Datuk Nik Azman Nik Abdul Majid.
TOKYO, Aug 17 — More and more Japanese firms are expanding business in Southeast Asia and scaling down operations in China due to its escalating tensions with the United States, reported Vietnam News Agency (VNA) according to the Japan External Trade Organisation (JETRO).
KUALA LUMPUR, Aug 14 — The massive 17.1 per cent gross domestic product (GDP) contraction in the second quarter (Q2) 2020 has so far made Malaysia the worst-performing economy in the Association of Southeast Asian Nations (Asean).
KUALA LUMPUR, Aug 14 — Malaysia’s international investment position (IIP) recorded a higher net asset position of RM57.3 billion in the second quarter of 2020 (Q2 2020) from RM27.1 billion in the previous quarter, according to the Department of Statistics Malaysia (DoSM).
KUALA LUMPUR, Aug 14 — Key economic indicators have shown a gradual recovery driven by the recovery in global growth as well as continued domestic support, which will edge up the economic outlook in 2021.
KUALA LUMPUR, Aug 14 — Bank Negara Malaysia’s (BNM) intervention in the financial market through overnight policy rate (OPR) cuts, liquidity injection and releasing debt reserve has helped keep it orderly as it was pre-Covid-19.
KUALA LUMPUR, Aug 14 — Malaysia’s economy is experiencing a “V” shaped recovery after taking the brunt of the lockdown in the second quarter, but it is not out of the woods yet as challenges link to the pandemic and its adverse impact remains both in Malaysia and elsewhere.
KUALA LUMPUR, Aug 14 — Malaysia’s economy contracted 17.1 per cent in the second quarter of 2020, the worst double-digit quarterly decline since 1998 due to the unprecedented lock-down that was imposed to stem the spread of Covid-19 that brought the economy to almost a complete standstill.
KUALA LUMPUR, Aug 14 — Malaysia can still increase its access to the market in India even if the republic withdraws from the Regional Comprehensive Economic Partnership (RCEP) negotiations.
KUALA LUMPUR, August 12 — The government’s debt and liability exposures are estimated to reach RM1.264 trillion by the end of this year, Deputy Finance Minister 1 Datuk Abdul Rahim Bakri said.
KUALA LUMPUR, Aug 11 — Total passenger numbers at Malaysian airports increased more than three-fold to 1.3 million with aircraft movements doubling to 22,600 in July 2020, according to Malaysia Airports Holdings Bhd (MAHB).
KUALA LUMPUR, Aug 11 — Malaysia's Top Glove Corporation said on Monday it had begun making remediation payments to migrant workers who were employed by the world's largest medical glove maker before 2019, when it put in place ethical recruitment practices.
KUALA LUMPUR, Aug 11 — The United States (US)-China trade war does not have a major impact on Malaysia's trade performance with both countries, even though it has impacted the global economy.
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