Trade Policies Sinar Daily

Maybank shares up in the early session

KUALA LUMPUR - Malayan Banking Bhd’s (Maybank) share price went up in the early session today as the bank reported better results for the first quarter ended March 31, 2023...

25 May 2023

Property recovery is slow as expected due to higher interest rates and higher housing prices as building materials like steel and cement spiked exacerbated by the lack of foreign labour.

TRADE & POLICIES

Malaysian economy on the move amid challenges

SHAH ALAM - Malaysia's economy is headed for a positive yet cautious outlook for 2023 with a gross domestic product (GDP) forecast of between 4 to 5 percent after a strong...

30 Mar 2023

Bank Negara Malaysia -FILEPIC

TRADE & POLICIES

BNM continues to facilitate new digital-first players into the financial sector

KUALA LUMPUR - Bank Negara Malaysia (BNM) has continued its efforts to establish a conducive ecosystem that spurs greater innovation, competition, and dynamism, and a key part of...

29 Mar 2023

Illustrative image. Photo taken on Nov 30, 2022 by BERNAMA.

TRADE & POLICIES

Bursa Malaysia turns higher in mid-afternoon

KUALA LUMPUR- Bursa Malaysia turned higher in mid-afternoon on renewed buying momentum in selected heavyweight stocks. At 3 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 7.84 points to 1,483.01 from Monday's close of 1,475.17. The market bellwether opened 1.96 points better at 1,477.13 The...

14 Feb 2023

Malaysian funds equally attractive in the US - FILE PIC

TRADE & POLICIES

The ringgit on a roll, momentum may sustain

SHAH ALAM - After being battered for the past several years, the ringgit is expected to rebound over the medium term riding on the country's stable economic growth. Economists say the ringgit has been on a roll due to the stable economic situation and returning foreign direct...

09 Feb 2023

Prime Minister Datuk Seri Anwar will lead a unity government.

TRADE & POLICIES

Anwar's immediate policy is to tackle rising cost of living

SHAH ALAM - Datuk Seri Anwar Ibrahim's immediate focus is to tackle the rising cost of living and bring down inflation. Economists say Anwar's appointment as the country's 10th prime minister bodes well among investors and will propel the country to new heights. AIMST University...

24 Nov 2022

Bank Negara Malaysia

TRADE & POLICIES

Short-term rates to remain stable on BNM's operations

KUALA LUMPUR - Short-term rates are projected to remain stable next week on Bank Negara Malaysia’s operations to absorb surplus liquidity from the cash market. During the week just ended, the central bank intervened on a daily basis to reduce excess funds from the financial system by conducting...

30 Jul 2022

A pedestrian walks past an electronic board displaying the Nikkei 225 index and share prices on the Tokyo Stock Exchange in Tokyo on Nov 4, 2020. (Photo by Behrouz MEHRI / AFP)

TRADE & POLICIES

Asian stocks up as recession fears ease, yen rises after Abe shooting

HONG KONG - Asian markets rose Friday on easing recession fears with optimism boosted by hopes that Joe Biden will remove some Trump-era tariffs from Chinese goods, while the euro extended losses and headed close to parity with the dollar. The safe-haven yen also picked up following news of...

08 Jul 2022

Trade Policies - Sinar Daily