KUALA LUMPUR, July 4 — The estimated cost of the Rapid Transit System (RTS) Link project increased by 29.9 per cent to RM5.24 billion as of December 31, 2023, compared with the original RM4.03 billion in January 2018.

KUALA LUMPUR, July 4 — The Works Ministry is closely monitoring developments in the construction industry, particularly the rising prices of construction and raw materials, following the removal of the diesel subsidy.

KUALA LUMPUR, July 4 — The Federal Land Development Authority (Felda) recorded RM186 million in revenue in the first quarter (1Q) of 2024, up 3 per cent from 2023, said Deputy Prime Minister Datuk Seri Ahmad Zahid Hamidi.

KUALA LUMPUR, July 3 — The ringgit closed marginally higher against the greenback on Wednesday as the United States (US) Dollar Index slipped slightly to 105.641 points following US Federal Reserve chairman Jerome Powell's acknowledgement that the United States is back on a disinflationary trajectory.

KUALA LUMPUR, July 3 — The retail prices for RON97 and RON95 petrol as well as diesel will remain unchanged at RM3.47, RM2.05, and RM3.35 per litre respectively, from July 4 until July 10.

KUALA LUMPUR, July 3 — Prime Minister Datuk Seri Anwar Ibrahim today urged developers, architects, planners and policymakers to ensure development projects are infused with culturally vibrant values.

PUTRAJAYA, July 3 — The Malaysia Pavilion at the Malaysia Cultural Week 2024, held for five days in Xinjiang, China, has attracted over 55,000 visitors, said the Tourism, Arts and Culture Ministry (Motac).

KUALA LUMPUR, July 3 — Asean is working dynamically and aggressively to promote the region as an economically and culturally vibrant one, said Prime Minister Datuk Seri Anwar Ibrahim.

KUALA LUMPUR, July 3 — The 5G coverage in populated areas in Selangor is at 96.1 per cent as of May 31 Deputy Communications Minister Teo Nie Ching said 5G coverage nationwide has reached 81.7 per cent, with 7,114 sites established so far, the Dewan Rakyat was told today. She said the 5G...

KUALA LUMPUR, July 3 — Mobile network operators (MNOs) involved in Malaysia’s second 5G network are restricted to holding equity in only one entity, said Deputy Communications Minister Teo Nie Ching.

KUALA LUMPUR, July 3 — China is interested in collaborating with Malaysia in the halal industry, covering certification, services, and halal products, said Deputy Foreign Affairs Minister Datuk Mohamad Alamin.

KUALA LUMPUR, July 3 — The ringgit was firmer against the United States dollar at today’s opening, ahead of the release of key US economic data, said Bank Muamalat Malaysia Bhd chief economist Afzanizam Rashid.

KUALA LUMPUR, July 2 — The ringgit ended lower against the US dollar today despite weaker US economic data last night, which showed its manufacturing sector contracting for a third straight month.

KUALA LUMPUR, July 2 — The Plantation and Commodities Ministry plans to review the windfall profit levy (WPL) on palm oil in Malaysia in Budget 2025, aligning it with current palm oil prices.

KUALA LUMPUR, July 2 — Prime Minister Datuk Seri Anwar Ibrahim today said indicators to measure living costs have been modified to ensure that they are in line with the country’s current development.

KUALA LUMPUR, July 2 — The government will study the effects of subsidy measures before deciding on the need for RON95 subsidy rationalisation.

PUTRAJAYA, July 2 — Philippine President Ferdinand Marcos Jr has invited Malaysian companies to participate in economic activities in Southern Philippines.

KUALA LUMPUR, July 2 — The ringgit opened lower against the strengthening United States dollar but rose versus other major currencies, said an economist.

KUALA LUMPUR, July 2 — The average income of rubber smallholders has increased to RM436 per month as of May, marking a 40 per cent increase after the Agrofood initiative by the Rubber Industry Smallholder Development Authority (Risda) was implemented.

KUALA LUMPUR, July 1 — The ringgit ended marginally higher against the US dollar today after trading in a narrow range throughout the day.