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News Updates

Find out the latest news on deVere and Partners (L) Limited featuring top financial and economic updates.

Markets

Ringgit steadily rising against Dollar, domestic landscape “quite positive”

The Malaysian Ringgit has been steadily appreciating against the US Dollar, particularly since early July, as clarity has increased regarding the interest rate trajectory of developed countries,

Economy

Hotels in Malaysia reap rewards of tourism boost

Malaysia’s hotel sector is progressing towards recovery, similar to the overall travel and tourism sector.

Economy

Malaysia’s GDP growth forecast to surpass 5% in 2024

Two investment banks have maintained their projections for Malaysia's economic growth above 5% for 2024, citing a favourable domestic economic environment and a rebound in external demand.

Economy

Malaysia central bank keeps key rate unchanged

Malaysia held its benchmark interest rate steady on Thursday, maintaining a positive outlook on the nation's growth prospects, inflation trends, and currency performance.

Markets

Ringgit steadily rising against Dollar, domestic landscape “quite positive”

The Malaysian Ringgit has been steadily appreciating against the US Dollar, particularly since early July, as clarity has increased regarding the interest rate trajectory of developed countries,

Economy

Hotels in Malaysia reap rewards of tourism boost

Malaysia’s hotel sector is progressing towards recovery, similar to the overall travel and tourism sector.

Economy

Malaysia’s GDP growth forecast to surpass 5% in 2024

Two investment banks have maintained their projections for Malaysia's economic growth above 5% for 2024, citing a favourable domestic economic environment and a rebound in external demand.

Economy

Malaysia central bank keeps key rate unchanged

Malaysia held its benchmark interest rate steady on Thursday, maintaining a positive outlook on the nation's growth prospects, inflation trends, and currency performance.

Economy

Malaysia’s manufacturing sector remains muted in August

Malaysia’s manufacturing activities remained subdued in August due to weak demand, and the latest data suggests that the coming months are also likely to remain sluggish, S&P Global reported on Monday.

Economy

Malaysia’s unemployment continues to decline in Q2

Unemployment continued to fall in Q2 reflecting heightened demand for labour across various economic sectors, according to the Labour Market Review, 2Q24 released on Friday.

Economy

Robust trade growth to continue in H2

Malaysia’s strong trade growth is set to continue for the remainder of this year, after growing at the fastest pace in 21 months last month, according to economists.

Economy

Malaysia’s Q2 economic growth fastest in 18 months, says poll

Malaysia’s economy likely grew at the fastest pace in 18 months in Q2 due to a robust rebound in exports and elevated household consumption.

Economy

Malaysia's industrial production rises faster than forecast in June

Industrial production in Malaysia rose more than anticipated in June, driven by increased manufacturing activities and a rebound in mining output, according to official data published on Friday.

Economy

Malaysia’s financial services sector remains resilient, says DoSM

The financial services sector in Malaysia recorded a combined annual growth rate of 10.6% from 2015 to 2022, according to the Department of Statistics Malaysia (DoSM).

Economy

Malaysia’s LI rises in May, reflecting “resilient economy”

Malaysia's leading index (LI) increased by 3.8% year-on-year in May 2024, rising to 114.2 points from 110.0 points in the same month last year, according to the latest findings from the Department of Statistics Malaysia (DoSM)

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Media contact

deVere Malaysia’s Public Relations Department deals with all areas of the media and external communications including international, national, regional, local, trade, consumer, print, broadcast, social and online. The Department aims to provide a helpful service to journalists, broadcasters and editors, amongst others, and reply to all media enquiries, including urgent enquiries out of hours, within agreed deadlines. Our press office does not have access to client details and will not be able to assist with individual client enquiries. Please contact deVere Malaysia’s Head of Public Relations on [email protected] or call +44 2071220925