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Bursa Malaysia edges higher in cautious trade mode ahead of US inflation print

Bursa Malaysia edges higher in cautious trade mode ahead of US inflation print

At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose by 0.17 per cent or 2.83 points compared with Tuesday's close of 1,609.52.
Wed Aug 14 2024
EPF’s 1H 2024 total distributable income up 29 per cent to RM36.70 bil

EPF’s 1H 2024 total distributable income up 29 per cent to RM36.70 bil

The EPF said the distributable income does not include mark-to-market gains of securities that have not been realised.
Tue Aug 13 2024
Inflation, economic growth forecasts not affected by targeted subsidy implementation - MoF

Inflation, economic growth forecasts not affected by targeted subsidy implementation - MoF

According to MoF, the official 2024 forecasts for inflation and GDP growth remain at 2.0-3.5 per cent and 4.0-5.0 per cent, respectively.
Wed Jul 31 2024
Malaysia's nominal GDP for 2023 amounts to 1.8 trillion

Malaysia's nominal GDP for 2023 amounts to 1.8 trillion

Growth moderated to 1.6 per cent from the double-digit 15.9 per cent in 2022.
Thu Jul 25 2024
Cardiovascular disease accounts for 23.3% of deaths in M'sia - Dr Dzulkefly

Cardiovascular disease accounts for 23.3% of deaths in M'sia - Dr Dzulkefly

Cardiovascular disease has accounted for nearly 23.3 per cent of all deaths in Malaysia for many years, said Health Minister Datuk Seri Dr Dzulkefly Ahmad.
Mon Jul 22 2024
Petronas to pay five per cent cash to Terengganu on oil extraction

Petronas to pay five per cent cash to Terengganu on oil extraction

If no petroleum is found within Terengganu's three-nautical-mile territorial sea, Petronas is not obligated to make any cash payment.
Wed Jul 17 2024
Ringgit rebounds to open higher vs US dollar

Ringgit rebounds to open higher vs US dollar

US Federal Reserve chair Jerome Powell said the central bank will not wait until inflation hits two per cent to cut interest rates.
Tue Jul 16 2024
5G coverage in populated areas nationwide now 81.7 per cent - Teo

5G coverage in populated areas nationwide now 81.7 per cent - Teo

Teo Nie Ching said the construction of the 5G network is focused on urban areas with high economic activity.
Wed Jul 03 2024
Malaysia expected to export fresh durian to China by October this year

Malaysia expected to export fresh durian to China by October this year

Last year, Malaysia exported fruits worth RM2 billion of which 56 per cent were durians.
Thu Jun 27 2024
Malaysia to exceed 25.5 per cent digital GDP by 2025 with expanded 5G - Gobind

Malaysia to exceed 25.5 per cent digital GDP by 2025 with expanded 5G - Gobind

The government is confident that Malaysia can surpass the digital GDP target of 25.5 per cent by 2025 through the expansion of 5G to services beyond telecommunications
Thu Jun 27 2024
MOH aims to increase number of male nurses - Deputy minister

MOH aims to increase number of male nurses - Deputy minister

Datuk Lukanisman Awang Sauni said currently, there are 2,823 male nurses, constituting four per cent of the 70,653 nurses employed by MOH.
Thu Jun 27 2024
Malaysia's inflation rises to 2.0 PCT in May - DOSM

Malaysia's inflation rises to 2.0 PCT in May - DOSM

Malaysia's inflation rate climbed to 2.0 per cent in May compared to a 1.8 per cent hike in April.
Tue Jun 25 2024
Govt confident of achieving 2024 inflation, GDP targets even with diesel subsidy retargeting

Govt confident of achieving 2024 inflation, GDP targets even with diesel subsidy retargeting

The government is targeting headline inflation of 2.0-3.5 per cent and gross domestic product growth of 4.0-5.0 per cent for this year.
Mon Jun 24 2024
MCMC denies being govt tool to silence criticism

MCMC denies being govt tool to silence criticism

MCMC said 72 per cent of its requests for the removal of content across all social media platforms involved online gambling and scams.
Thu Jun 20 2024
ECRL, a game changer for Malaysia, reaches 67 per cent completion

ECRL, a game changer for Malaysia, reaches 67 per cent completion

The project traversing Kelantan, Terengganu, Pahang, and Selangor is expected to be completed by the end of 2026.
Wed Jun 19 2024