KUALA LUMPUR, Jan 14 — BMI, a Fitch Solutions company, projected Malaysia’s economy to be resilient in 2024, with a real gross domestic product (GDP) growth forecast of 5.0 per cent, supported by robust investment and resilient consumption.

KUALA LUMPUR, Jan 14 — The ringgit steadied at around 4.50-level against the US dollar at the close today as market participants await the US Producer Price Index report later today.

ABU DHABI, Jan 14 — Malaysia and the United Arab Emirates (UAE) signed the Malaysia-UAE Comprehensive Economic Partnership Agreement today to unlock new opportunities in trade and investment between both countries.

KUALA LUMPUR, Jan 14 — The Plantation and Commodities Ministry aims to focus on mechanisation and automation to overcome the tight labour supply for the palm oil industry.

KUALA LUMPUR, Jan 14 — The average crude palm oil (CPO) price surged by 9.7 per cent to RM4,179.50 per tonne last year from RM3,809.50 per tonne in 2023, said Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani.

KUALA LUMPUR, Jan 14 — Reforms are crucial steps to transform Malaysia into a more resilient and vibrant economy capable of adapting to domestic and global challenges.

KUALA LUMPUR, Jan 14 — Bursa Malaysia remained in the positive territory at mid-morning, lifted by continued gains in selected blue chips, led by the financial services, telecommunications and media counters.

KUALA LUMPUR, Jan 14 — Prime Minister Datuk Seri Anwar Ibrahim said long-term investments involving healthcare, airport operations, and energy sectors are expected following his working visit to the United Arab Emirates (UAE).

KUALA LUMPUR, Jan 14 — The ringgit opened slightly higher against the US dollar this morning amid cautious market sentiment with a potential gradual US tariff hike and the upcoming release of the US Producer Price Index (PPI) and Consumer Price Index (CPI) later this week.

GEORGE TOWN, Jan 13 — The Digital Ministry is formulating various strategic initiatives to drive the use of digital technology among micro, small, and medium enterprises (MSMEs), in line with the country’s digital transformation plan.

KUALA LUMPUR, Jan 13 — The ringgit opened lower against the US dollar in early trade as the greenback strengthened, supported by improvements in the US labour market and a robust economy, an analyst said.

ABU DHABI, Jan 12 — Prime Minister Datuk Seri Anwar Ibrahim will undertake a three-day working visit to the United Arab Emirates (UAE) today, aimed at strengthening regional cooperation in Malaysia’s capacity as 2025 Asean chair.

KUALA LUMPUR, Jan 12 — The economy is expected to grow steadily this year by over 5 per cent, supported by strategic investment, robust fiscal management and economic resilience, said the Finance Ministry.

KUALA LUMPUR, Jan 11 — The ringgit is expected to trade at around RM4.50 to the US dollar next week, with investors being cautious ahead of the US inflation report as well as a series of speeches by US Federal Reserve (US Fed) officials scheduled during the period.

KUALA LUMPUR, Jan 10 — MIDF Amanah Investment Bank Bhd expects Malaysia’s Industrial Production Index (IPI) to sustain positive growth in 2025, projected at 3.0–4.0 per cent, following an estimated 3.4 per cent expansion in 2024.

KUALA LUMPUR, Jan 10 — The ringgit rebounded from yesterday’s loss to close higher against the US dollar on Friday, driven by renewed demand despite the greenback’s positive momentum.

KUALA LUMPUR, Jan 10 — The Industrial Production Index (IPI) increased by 3.6 per cent year-on-year in November 2024, driven by sustained output growth in the manufacturing sector, according to the Department of Statistics (DOSM).

KUALA LUMPUR, Jan 10 — Maybank Investment Bank Bhd (Maybank IB) believes the Malaysian consumer sector is poised for a strong year in 2025, driven by robust macroeconomic factors and government assistance that are expected to boost disposable income, improving consumer sentiment and spending capacity.

KUALA LUMPUR, Jan 10 — The ringgit was slightly up against the US dollar in early trade in the scenario of a hawkish US Federal Reserve (Fed) tone and positive economic data, said an analyst.

KUALA LUMPUR, Jan 9 — The ringgit closed lower against the US dollar today, extending yesterday’s losses as bullish global economic outlook provided support for the greenback.