KUALA LUMPUR, July 30 — The ringgit continued to strengthen against the United States dollar today, revisiting the 4.63 level last seen in January, on the back of rising optimism of a United States interest rate cut and domestic growth.

PUTRAJAYA, July 29 — The government is set to develop and enhance the infrastructure at existing ports to make Malaysia a “homeport” for cruise ships, said Transport Minister Anthony Loke Siew Fook.

KUALA LUMPUR, July 29 — The ringgit continued to strengthen against the United States dollar, closing at 4.63 today.

KUALA LUMPUR, July 29 — Engagement sessions to finalise the draft bill of the proposed Residential Tenancy Act (RTA), particularly on its implementation and administration, will continue in collaboration with state governments.

PUTRAJAYA, July 29 — Malaysia will become a high-income country from 2027 onwards if the national economy grows 4 to 5 per cent every year and the ringgit strengthens to around RM4.20 against the United States dollar, Economy Minister Rafizi Ramli said.

KUALA LUMPUR, July 29 — The Digital Ministry has proposed the establishment of a data commission to enable adequate frameworks and policies to be developed to protect data and promote the use of data centres in the country.

KUALA LUMPUR, July 29 — The Producer Price Index (PPI) rose by 1.6 per cent on year in June, from 1.4 per cent in May, said the Statistics Department.

KUALA LUMPUR, July 29 — The ringgit opened almost flat against the US dollar on Monday but the short-term outlook for the local currency remained promising as the anticipation of a United States rate cut gained momentum, an economist said.

KUALA LUMPUR, July 27 — The ringgit is poised to extend its upward trajectory next week, supported by increasing market anticipation of an imminent interest rate cut by the United States (US).

KUALA LUMPUR, July 26 — The ringgit ended the week on a strong note against the US dollar, closing at 4.6550/6605 on Friday versus Thursday’s closing of 4.6600/6625.

KUALA LUMPUR, July 26 — The ringgit was slightly lower against the US dollar in the morning amid muted demand for the domestic unit after the recent gains.

KUALA LUMPUR, July 25 — The ringgit has continued to strengthen against the US dollar, boosted by buying interest amidst expectations of interest rate cuts by major economies.

KUALA LUMPUR, July 25 — Prime Minister Datuk Seri Anwar Ibrahim has refuted claims that the national monetary, fiscal, and budget policies have not been successful in achieving the government’s promise of debt and fiscal deficit reduction.

PUTRAJAYA, July 25 — The government has succeeded in surpassing the bankruptcy release target, with 142,510 cases under the Second Chance Policy, compared to the initial target of 130,000 cases, Prime Minister Datuk Seri Anwar Ibrahim said.

KUALA LUMPUR, July 25 — Malaysia’s 2023 nominal gross domestic product (GDP) amounted to RM1.8 trillion, said the Statistics Department (DOSM).

KUALA LUMPUR, July 25 — A total of 3.4 million of 13.1 million Employees Provident Fund (EPF) members aged below 55 have withdrawn RM8.9 billion from their flexible accounts as of July 19.

KUALA LUMPUR, July 25 — The ringgit traded higher against the United States dollar in the morning and was mixed against a basket of major currencies.

KUALA LUMPUR, July 24 — Malaysian Industrial Development Finance Bhd (MIDF) has approved RM103.54 million in soft loans to automate and modernise 29 companies up to June this year.

KUALA LUMPUR, July 24 — The Malaysia Semiconductor Industry Association (MSIA) targets semiconductor exports reaching RM1.2 trillion by 2030.

KUALA LUMPUR, July 24 — The ringgit was slightly higher at the close today, despite the US dollar remaining fairly favourable against other major currencies, amid anticipation for the United States (US) interest rate cut.