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6 days ago · 3. Malaysia’s economic growth. Besides the increased foreign investment, Malaysia’s economy also demonstrated robust growth in 2024. The country’s Q2 2024 gross domestic product expanded by 5.9% (beating Bloomberg consensus’ median forecast of 5.8%), and the figures have consistently outperformed expectations for two straight quarters ...
6 days ago · NSTP/ASWADI ALIAS. KUALA LUMPUR: MIDF Research has revised its projection for the ringgit to close 2024 at RM4.03, a notable improvement from RM4.59 at the end of 2023. The firm said the average for the year is expected to remain at RM4.56, consistent with last year's value. "Despite the ringgit being top performing currency gaining from the US ...
5 days ago · 9:50 AM MYT. KUALA LUMPUR: BMI Country Risk & Industry Research (BMI), a unit of Fitch Solutions, has revised its end-2024 forecast for the ringgit to RM4.00 per US dollar (USD) from RM4.55 ...
2 days ago · Genting Malaysia Berhad's RM2.42 share price signals that it might be 36% undervalued Analyst price target for GENM is RM3.17 which is 16% below our fair value estimate Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Genting Malaysia Berhad ( KLSE:GENM ) as an investment opportunity by projecting its future cash flows and then discounting them ...
2 days ago · September 30, 2024 at 7:00 PM EDT. The Malaysian bourse is mulling a plan to improve valuations of local companies as it seeks to lure global investors amid similar programs from regional peers ...
5 days ago · According to CGS-CIMB Securities Sdn Bhd, 2023 is predicted to remain challenging as corporates adapt to the new policy and political landscape post-15th general election (GE15) and adjust to slower global growth, tighter monetary policy, and ongoing geopolitical tensions.
2 days ago · KUALA LUMPUR, Sept 30 (Bernama) -- BMI, a Fitch Solutions company, has maintained its forecast for Malaysia’s federal government budget deficit to narrow from 5.0 per cent of gross domestic product (GDP) in 2023 to 4.3 per cent in 2024, and further to 3.9 per cent in 2025. The research firm noted that, thus far in 2024, the unity government ...
