KUALA LUMPUR, Sept 24 — The ringgit jumped against the US dollar at the close on Tuesday, reaching its highest level in 34 months after China unveiled a stimulus package aimed at revitalising its economy.

KUALA LUMPUR, Sept 24 — Malaysia witnessed encouraging economic performance in July 2024, with the leading index (LI) registering 5.2 per cent, reaching 115.1 points as compared with 109.4 points in the same month of the previous year, said the Statistics Department.

KUALA LUMPUR, Sept 24 — Malaysia recorded 4.5 million Muslim tourist arrivals last year, generating RM14.7 billion in revenue, said Islamic Tourist Centre (ITC) director-general Nizran Noordin.

NEW YORK, Sept 24 — The free trade agreement (FTA) between Malaysia and the members of the Gulf Cooperation Council (GCC), which is set to be signed, will place emphasis on trade and investment ties between both parties.

KUALA LUMPUR, Sept 24 — The ringgit revisited the RM4.19 level against the US dollar today, with immediate support expected at RM4.07, driven by Malaysia’s lower-than-forecasted Consumer Price Index (CPI) rise of 1.9 per cent and a 50 basis point interest rate cut by the United States Federal Reserve.

PUTRAJAYA, Sept 23 — The National Technical and Vocational Education and Training Council (MTVET) has agreed to set a premium salary for TVET graduates, ranging from RM2,500 to RM4,000, said Deputy Prime Minister Datuk Seri Ahmad Zahid Hamidi.

PUTRAJAYA, Sept 23 — A cybersecurity academy, coordinated by CyberSecurity Malaysia, will be established to address the urgent needs of semiconductor and electronics companies.

KUALA LUMPUR, Sept 23 — Malaysia’s international reserves rose to US$117.6 billion (RM494.8 billion) until September 13, from US$116.8 billion on August 30.

PUTRAJAYA, Sept 23 — The Plantation and Commodities Ministry presented a proposal to the Finance Ministry last week to revise the palm oil windfall profit levy (WPL).

KUALA LUMPUR, Sept 23 — Malaysia’s inflation rate for August 2024 has eased to 1.9 per cent, with the Consumer Price Index (CPI) reaching 133.2, compared to 130.7 in the same month of the previous year, according to the Statistics Department (DOSM).

KUALA LUMPUR, Sept 23 — Malaysia’s aviation passenger traffic is now forecast to recover to 94 per cent this year, a sharp increase from the modest four per cent growth initially projected, MIDF Research said.

KUALA LUMPUR, Sept 23 — Bursa Malaysia continued its uptrend in the early trading session today, backed by the expectation of foreign fund inflows into the Malaysian equity market, according to an analyst.

KUALA LUMPUR, Sept 23 — The ringgit opened almost flat on Monday and is expected to retain its bullish trend as the United States (US) Federal Reserve’s (Fed) rate cut last week signalled a soft landing for US economic growth.

SERDANG, Sept 22 — The Malaysia Agriculture, Horticulture and Agrotourism Show (Maha) 2024, which concludes today after a 12-day run, has recorded direct sales totalling more than RM41 million as of this morning.

KUALA LUMPUR, Sept 21 — The ringgit is anticipated to move on a continued bullish bias next week, trading at 4.1875 to 4.2025 against the US dollar, said an analyst.

KUALA LUMPUR, Sept 20 — The ringgit is the clear winner from the 50 basis points (bps) cut to the United States Federal Funds Rate (FFR) as it continued its appreciation against the greenback.

KUALA LUMPUR, Sept 20 — As the latest iPhone 16 becomes available in Malaysia, many consumers are considering whether buying the device locally is the best financial choice, especially considering the fluctuating ringgit against major currencies such as the United States (US) dollar and the Singapore dollar.

KUALA LUMPUR, Sept 20 — The US Federal Reserve’s (Fed) recent decision to slash interest rates has a significant impact on Malaysia’s ringgit, especially in light of shifting currency dynamics across the region.

KUALA LUMPUR, Sept 20 — The ringgit was lower against the US dollar in early trade on Friday as falling oil prices weighed on sentiment and as traders took profit after recent gains, analysts said.

KUALA LUMPUR, Sept 19 — MIDF Amanah Investment Bank Bhd has maintained its projection that Malaysia’s goods exports and imports will recover and rebound to 5.2 per cent and 11.2 per cent growth, respectively, in 2024, following a more robust performance in August.