KUALA LUMPUR, Aug 22 — Bank Negara Malaysia’s (BNM) international reserves rose to US$115.9 billion as of August 15, from US$114.7 billion as of July 31.

KUALA LUMPUR, Aug 22 — July inflation has remained at 2 per cent since May, said the Statistics Department (DOSM) in a recent report.

KUALA LUMPUR, Aug 22 — Low-cost airline AirAsia, owned by Capital A, has raised US$443 million (RM1.94 billion) in dual-tranche financing to refurbish planes grounded during the Covid-19 pandemic, Bloomberg News reported today.

SINGAPORE, Aug 22 — Malaysia is fast becoming a haven in Southeast Asia and foreign investors are returning to a long-overlooked market as a confluence of improving growth, stable government and rising currency sets it apart among peers grappling with political flux.

KUALA LUMPUR, Aug 22 — Malaysia's participation in BRICS will underscore the country’s potential as a gateway for economic activities in Asean countries, said an economist.

KUALA LUMPUR, Aug 22 — The ringgit continued its upward trend versus the US dollar at the opening as the US Dollar Index (DXY) recently fell to its weakest point in 2024, prompting buying interest for other currencies, including the ringgit.

KUALA LUMPUR, Aug 21 — The ringgit is expected to strengthen further against the US dollar, driven by ongoing global monetary easing from major central banks and a sustained positive interest rate differential.

KUALA LUMPUR, Aug 21 — Malaysia has exported close to RM160 billion worth of commodities and related products per annum, with oil palm accounting for the biggest share at more than RM100 billion, according to Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani.

By Yasmin Ramlan SHAH ALAM, Aug 21 — Malaysia’s better-than-expected gross domestic product (GDP) growth last quarter reflects strong public confidence in the local market, according to an economist. Prof Emeritus Barjoyai Bardai said this has led to robust private and local spending, which...

KUALA LUMPUR, Aug 21 — Seven states have surpassed the national manufacturing industry capacity utilisation rate in the second quarter of 2024 (2Q 2024).

KUALA LUMPUR, Aug 21 — The ringgit continued to strengthen against the US dollar, driven by a decline in the US Dollar Index (DXY), as investors anticipated potential rate cuts by the US Federal Reserve.

KUALA LUMPUR, Aug 20 — The National Fraud Portal (NFP) that was launched today is being improved to enable the use of artificial intelligence (AI) to detect suspicious transactions via predictive analysis.

NEW DELHI, Aug 20 — Malaysia and India today solidified their bilateral relations with the exchange of eight memorandums of understanding (MOUs).

KUALA LUMPUR, Aug 20 — The ringgit continued its appreciation against the US dollar today as investors are bullish on the expectations that the US Federal Reserve (US Fed) will cut interest rates.

KUALA LUMPUR, Aug 19 — The government is looking to implement a carbon tax to incentivise local companies to reduce carbon emissions, said Investment, Trade and Industry Minister Datuk Seri Tengku Zafrul Abdul Aziz today.

PUTRAJAYA, Aug 19 — The Bumiputera Economic Transformation Plan 2035 (PuTERA35) was launched today as a major shift to advance Bumiputera development and make Malaysia a regional economic leader.

KUALA LUMPUR, Aug 19 — The ringgit reached an 18-month high today, driven by concerns of a potential recession in the United States, said an analyst.

KUALA LUMPUR, Aug 19 — Bursa Malaysia surged 1.53 per cent today, with the composite index ending at a 44-month high, driven by positive sentiment bolstered by robust local economic data.

KUALA LUMPUR, Aug 19 — Malaysia’s January-July trade in 2024 grew by 9.8 per cent year-on-year (y-o-y) to hit RM1.652 trillion, the highest value recorded for the period, said the Investment, Trade and Industry Ministry (Miti).

KUALA LUMPUR, Aug 19 — Hong Leong Investment Bank (HLIB) has revised its 2024 gross domestic product (GDP) forecast for Malaysia upward to 5.0 per cent from 4.8 per cent previously.