MYR Forex News
Malaysia Central Bank Holds Key Interest Rate Steady At 3%
Malaysia's central bank left its benchmark interest rate unchanged on Wednesday as policymakers expect the economy to sustain growth and inflation to remain manageable.
The Monetary Policy Committee of Bank Negara Malaysia, led by Governor Abdul Rasheed Ghaffour decided to maintain the Overnight Policy Rate at 3 percent, as widely expected.
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4 days ago
Malaysia Economy Logs Slower Growth
Malaysia's economy logged a softer growth in the fourth quarter as expansions in manufacturing and construction weakened but the overall growth for 2024 came within the government forecast. Gross domestic product climbed 4.8 percent from a year ago in the fourth quarter, advance estimates from the Department of Statistics showed on Friday. But this was weaker than the 5.3 percent expansion.
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9 days ago
Malaysia Manufacturing PMI Slumps In November - S&P Global
The manufacturing sector in Malaysia continued to contract in November, and at a faster pace, the latest survey from S&P Global revealed on Monday with a manufacturing PMI score of 49.2.
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56 days ago
No Change For Malaysia Manufacturing PMI - S&P Global
The manufacturing sector in Malaysia continued to contract in October, and at a steady rate, the latest survey from S&P Global revealed on Friday with a manufacturing PMI score of 49.5.
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87 days ago
Malaysia GDP Growth Slows In Q3
Malaysia's economy posted a slower growth in the third quarter on a contraction in mining and slower growth in services output, official data revealed Monday. Gross domestic product grew 5.3 percent on a yearly basis in the third quarter after rising 5.9 percent in the previous quarter, advance estimates from Department of Statistics showed.
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97 days ago
Malaysia Manufacturing Sector Continues To Contract - S&P Global
The manufacturing sector in Malaysia continued to contract in September, and at a faster rate, the latest survey from S&P Global revealed on Tuesday with a manufacturing PMI score of 49.5.
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118 days ago
Malaysia Manufacturing PMI Unchanged At 49.7 - S&P Global
The manufacturing sector in Malaysia continued to contract in August, and at a steady pace, the latest survey from S&P Global revealed on Monday with a manufacturing PMI score of 49.7.
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147 days ago
Malaysia GDP Growth Rises More Than Estimated
Malaysia's economic growth accelerated more than initially estimated in the second quarter on household consumption and investment. Gross domestic product registered an annual growth of 5.9 percent in the second quarter after rising 4.2 percent in the previous quarter, revised estimate from the Department of Statistics showed on Friday.
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163 days ago
Malaysia Economy Expands At Fastest Pace Since Late 2022
Malaysia's economy posted its fastest growth in six quarters with strong support from services and manufacturing sectors, official data revealed Friday. Gross domestic product registered an annual growth of 5.8 percent in the second quarter after rising 4.2 percent in the previous quarter, advance estimate from the Department of Statistics revealed on Friday.
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191 days ago
Malaysia Keeps Key Interest Rate Unchanged As Expected
Malaysia's central bank left its benchmark interest rate unchanged again on Thursday and forecast acceleration in inflation in the second half of the year after the unwinding of fuel subsidies. The Monetary Policy Committee of Bank Negara Malaysia headed by Datuk Abdul Rasheed Ghaffour decided to maintain the Overnight Policy Rate at 3.00 percent.
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199 days ago
