KUALA LUMPUR, May 9 — The better-than-expected industrial production index (IPI) in March 2023 signalled a sustained expansion in the gross domestic product (GDP) for the first quarter of 2023 (1Q 2023), MIDF Amanah Investment Bank Bhd said.

KUALA LUMPUR, Nov 8 — Malaysia is likely to report a robust gross domestic product (GDP) expansion rate in the third quarter of this year (Q3 2022), buoyed by a strong recovery in the labour market, said MIDF Amanah Investment Bank Bhd.

KUALA LUMPUR, Sept 30 — Gamuda Bhd's shares rose in the early trade today after recording strong earnings for the financial year ended July 31, 2022 (FY2022).

KUALA LUMPUR, Sept 30 — MIDF Research expects price pressures on local producers to ease, given the improving supply chain activities following the decrease in the Baltic Dry Index and the recent correction in commodity prices.

KUALA LUMPUR, Sept 20 — MIDF Research has raised its 2022 growth projection for the country’s exports and imports to 22.4 per cent and 29.5 per cent, respectively.

KUALA LUMPUR, Sept 12 — The ringgit closed lower today, once again touching the 4.5 mark against the US dollar due to increased demand for the greenback on the expectation of further interest rate hikes by the US Federal Reserve (US Fed) and as the Chinese yuan weakens, analysts said.

KUALA LUMPUR, Sept 12 — Malaysia’s retail trade is expected to grow by 17.6 per cent this year, supported by improving macro outlook and fundamentals, said MIDF Amanah Investment Bank Bhd Research (MIDF Research).

KUALA LUMPUR, July 7 — Malaysia’s unemployment rate is projected to trend lower this year to 3.8 per cent from 4.6 per cent in 2021, underpinned by domestic reopening and strong economic fundamentals.

KUALA LUMPUR, July 4 — The foreign fund outflow on Bursa Malaysia accelerated last week as foreign investors disposed of RM320.3 million worth of Malaysian equities, compared to net sales of RM61.5 million in the preceding week, marking the fourth consecutive week of outflows.

KUALA LUMPUR, June 20 — MIDF Amanah Investment Bank Bhd (MIDF) expects the US Federal Reserve (Fed) would increase its interest rate to 3.40 per cent by year-end.

KUALA LUMPUR, Oct 19 — Foreign investors remained as net sellers on Bursa Malaysia for the week ended October 16, disposing of RM237.09 million worth of local equities -- a significantly higher outflow compared to RM28.38 million outflow recorded in the previous week.