KUALA LUMPUR, May 17 — MIDF Research has maintained its 2024 gross domestic product (GDP) growth forecast at 4.7 per cent, as positive growth momentum is expected to continue in the coming quarters.

KUALA LUMPUR, May 17 — The Malaysian economy expanded at a higher rate of 4.2 per cent in the first quarter (1Q) of 2024 from 2.9 per cent in 4Q 2023, driven by stronger private expenditure and positive turnaround in exports.

KUALA LUMPUR, May 16 — Malaysia's inflation in 2023 recorded a slower increase of 2.5 per cent from 3.3 per cent in 2022, with the index points at 130.4 against 127.2 in the previous year, said the Department of Statistics.

KUALA LUMPUR, May 14 — The ringgit retreated to trade lower as the US dollar remained stable despite reports of higher inflation expectations going forward ahead of the release of key US data.

KUALA LUMPUR, May 9 — Bank Negara Malaysia (BNM) is expected to uphold its current overnight policy rate (OPR) of 3.0 per cent for the next six to 12 months, despite upside risk to prices.

BENGALURU, April 26 — The global economy is likely to carry its solid momentum for the rest of the year and into 2025, defying earlier expectations of a slowdown, according to a Reuters poll of economists who said stronger growth than forecast was more likely than weakness.

KUALA LUMPUR, April 25 — Malaysia’s inflation remained at 1.8 per cent in March 2024 with the index recording 132.2 points versus 129.9 in the same period last year, said the Statistics Department (DOSM).

BEIJING, April 13 — There is a possibility of a substantial rise in energy and food costs in 2024 which could potentially exacerbate inflation in Asia, according to the Boao Forum for Asia: Asian Economic Outlook and Integration Progress Annual Report 2024 released recently.

SINGAPORE, April 12 — Singapore’s central bank left its monetary policy unchanged today, in line with expectations, as authorities looked for signs inflation in the city-state was moderating before they consider loosening settings.

SAMUI, April 9 — Thai Prime Minister Srettha Thavisin said the central bank should cut its key interest rate by at least a quarter point this week to support government efforts to revive Southeast Asia's second-largest economy.

KUALA LUMPUR, March 26 — Malaysia's overnight policy rate (OPR) is expected to hold steady at 3.0 per cent throughout 2024, said Public Investment Bank (PIVB) Research.

KUALA LUMPUR, March 25 — Malaysia’s inflation increased by 1.8 per cent in February 2024, with the index points recorded at 132.1 against 129.8 a year earlier, according to the Department of Statistics Malaysia (DOSM).

BEIJING, March 9 — China's consumer prices rose for the first time in six months due to spending linked to the Lunar New Year, offering some reprieve for the world's second-biggest economy grappling with weak consumer sentiment, while factory-gate prices fell again.

KUALA LUMPUR, March 7 —Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) has decided to maintain the Overnight Policy Rate (OPR) at 3.00 per cent at its meeting today.

KUALA LUMPUR, March 7 — Credit ratings agency Moody’s Ratings expects Malaysia's real gross domestic product (GDP) growth to improve to 4.5 per cent in 2024 from 3.7 per cent in 2023.

KUALA LUMPUR, March 6 — The inflation rate is expected to rise marginally in 2024 but is manageable with the cooperation of industry players, traders, and consumers, according to the Economy Ministry.

MANILA March 5 — Philippine annual inflation sped up for the first time in five months in February because of faster increases in food and transport costs, likely giving the central bank little reason to consider lowering interest rates.

KUALA LUMPUR, March 4 — Housing and Local Government Minister Nga Kor Ming said Malaysia’s economy is robust with positive fundamentals and economic prospects, supported by various economic data in the first quarter of this year.

KUALA LUMPUR, Feb 29 —The ringgit ended higher against the US dollar on Thursday, spurred by Bank Negara Malaysia’s comments on its valuation.

KUALA LUMPUR, Feb 28 — The low Producer Price Index (PPI) is an early indicator of a moderation in inflation which helps to ease the cost of living and increase demand to rejuvenate the domestic economy, according to the Economy Ministry.