KUALA LUMPUR, March 24 — Malaysia must expedite the exploration and application of artificial intelligence (AI) by fostering innovation and adopting a comprehensive, cross-ministerial approach.
KUALA LUMPUR, March 24 — Bank Negara Malaysia (BNM) is exploring the potential of introducing underlying blockchain technology to enhance various national financial systems such as the Central Bank Digital Currency, said its governor Datuk Seri Abdul Rasheed Ghaffour today.
KUALA LUMPUR, March 24 — Bank Negara Malaysia (BNM) emphasised that structural reforms and policies must take precedence over excessive reliance on international reserves to manage currency fluctuations.
KUALA LUMPUR, March 24 — Malaysia plans to strengthen its regulations on the semiconductor sector in response to United States pressure to curb the illicit flow of advanced artificial intelligence (AI) chips to China, according to Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.
KUALA LUMPUR, March 24 — Malaysia’s third and current investment upcycle started in mid-2023, driven by a confluence of cyclical and structural factors, according to Bank Negara Malaysia (BNM).
KUALA LUMPUR, March 24 — Bank Negara Malaysia (BNM) will remain steadfast in ensuring monetary stability to back long-term, sustainable economic growth.
KUALA LUMPUR, March 24 — Bank Negara Malaysia’s (BNM) total assets as of December 31, 2024, decreased 1.61 per cent to RM621.54 billion from RM631.74 billion in the previous year, with international reserves continuing to account for the bulk of assets at 84 per cent (2023: 82 per cent).
KUALA LUMPUR, March 24 — Bank Negara Malaysia (BNM) said its longstanding policy of decentralising international reserves had led to the accumulation of sizeable non-reserve external assets, strengthening Malaysia’s external position.
KUALA LUMPUR, March 24 — E-payment grew significantly last year, with the total value of select retail e-payment transactions increasing by 17 per cent to RM698.1 billion, said Bank Negara Malaysia (BNM).
PUTRAJAYA, March 24 — The domestic tourism sector experienced impressive growth in the fourth quarter (Q4) of 2024, recording 66.8 million visitors, while expenditure surged by 21.9 per cent to RM29 billion, according to a report by the Statistics Department (DOSM) today.
KUALA LUMPUR, March 24 — The top 15 per cent (T15) income bracket fuel subsidy eligibility criteria, to be finalised by mid-2025, may push some consumers to downgrade their vehicle choices or switch to electric vehicles (EVs), according to MIDF Research.
KUALA LUMPUR, March 24 — Foreign investors remained net sellers across eight Asian markets, with total outflows reaching US$564.9 million last week.
KUALA LUMPUR, March 24 — The plantation sector recorded net foreign inflows of RM2.4 million last week, while foreign investors extended their selling streak on Bursa Malaysia for the 22nd consecutive week, with a net outflow of RM1.25 billion.
KUALA LUMPUR, March 24 — Bursa Malaysia opened higher, tracking Wall Street’s strong overnight performance, but retreated soon after due to a lack of fresh catalysts.
KUALA LUMPUR, March 24 — The ringgit opened higher today on expectations that Malaysia will be among the least affected by the US government's implementation of reciprocal tariffs on April 2, given that the country is seen as having one of the lowest tariff rates.
KUALA LUMPUR, MArch 23 — The Foreign Ministry has introduced the halal logos for Asean through a short video on TikTok, making it easier for Muslim consumers to identify valid logos while travelling to neighbouring countries.
KEPALA BATAS, March 23 — The Malaysia External Trade Development Corporation (Matrade) targets new emerging markets this year to strengthen and enhance the country’s trade and economy.
KUALA LUMPUR, March 22 — The ringgit is anticipated to trade within the 4.42–4.45 range against the US dollar next week, with short-term volatility contingent upon broader market dynamics.
KUALA LUMPUR, March 21 — The ringgit ended higher against the US dollar on improved sentiment towards the local currency.
KUALA LUMPUR, March 21 — Malaysia's inflation rose at a slower pace of 1.5 per cent in February 2025, with the index standing at 134.1 points compared with 132.1 in the same month a year earlier, said the Statistics Department (DOSM).
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