KUALA LUMPUR, June 25 — The ringgit ended higher against the US dollar today as a higher-than-expected Consumer Price Index (CPI) print for May suggests that Bank Negara Malaysia (BNM) may keep the Overnight Policy Rate (OPR) steady, supporting the local currency.
KUALA LUMPUR, June 25 — RHB Investment Bank Bhd has lowered its 2024 headline inflation projection for Malaysia to 2.6 per cent year-on-year (y-o-y) from the previous forecast of 3.3 per cent.
KUALA LUMPUR, June 25 — Malaysia's inflation rate climbed to 2.0 per cent in May compared to a 1.8 per cent hike in April.
KUALA LUMPUR, June 25 — The ringgit opened higher against the US dollar today as cautious global economic sentiment prompted some investors to shift towards emerging currencies, including the ringgit, a dealer said.
KUALA LUMPUR, June 24 — The ringgit ended flat against the US dollar today after trading in a narrow range throughout the day.
KUALA LUMPUR, June 24 — The government is confident that Malaysia will still achieve its official inflation rate and economic growth projections for 2024 even with the implementation of the diesel subsidy retargeting, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
KUALA LUMPUR, June 24 — Bank Negara Malaysia (BNM) has updated the Financial Consumer Alert (FCA) List to include six new entities that are neither authorised nor approved by the central bank.
KUALA LUMPUR, June 24 — Bursa Malaysia opened marginally lower in the early trade today, extending its downtrend from the profit-taking activities last week.
KUALA LUMPUR, June 24 — The ringgit opened easier against the US dollar today as investors continued to favour safe haven currencies in light of the current cautious economic outlook, an economist said.
PUTRAJAYA, June 23 — The Domestic Trade and Cost of Living Ministry (KPDN) is coordinating appeals from certain transport sectors that want to participate in the Subsidised Diesel Control System (SKDS) to be forwarded to the Appeals Committee.
NIBONG TEBAL, June 22 — The Agriculture and Food Security Ministry (MAFS) has asked the Federal Agricultural Marketing Authority (Fama) to help durian kampung growers export their fresh fruit to China.
KUALA LUMPUR, June 22 — The government is confident Malaysia’s position in the IMD World Competitiveness Ranking 2025 will improve from this year’s, driven by the increase in high-tech product exports.
KUALA LUMPUR, June 21 — The Kuala Lumpur City Hall (DBKL), through the Kuala Lumpur Structure Plan 2040, aims for a 100 per cent rise in green spaces across Kuala Lumpur by 2040.
KUALA LUMPUR, June 21 — The Real Estate and Housing Developers’ Association Malaysia (Rehda) is targeting a sales value of more than RM30 million at the three-day Malaysia Property Exposition (Mapex).
PETALING JAYA, June 21 — Most of the issues highlighted in the World Competitiveness Ranking 2024 report by the IMD were resolved in the first quarter (1Q) this year, said Prime Minister Datuk Seri Anwar Ibrahim.
PUTRAJAYA, June 21 — The Communications Ministry has instructed the Malaysian Communications and Multimedia Commission (MCMC) to begin the process of determining and appointing a mobile network operator (MNO) to develop Malaysia’s second 5G network.
KUALA LUMPUR, June 21 — Global Infrastructure Partners (GIP) said its buyer BlackRock will not be involved in privatising Malaysia Airports Holdings Bhd (MAHB) after criticism in Malaysia over the American firm’s alleged ties to Israel.
KUALA LUMPUR, June 21 — Prime Minister Datuk Seri Anwar Ibrahim has called on all stakeholders to participate in achieving a sustainable future and creating powerful synergy that drives meaningful change for Malaysia.
KUALA LUMPUR, June 21 — Malaysia’s decline in the IMD World Competitiveness Rankings 2024 was due to the weak ringgit last year, said Investment, Trade and Industry Minister Datuk Seri Tengku Zafrul Abdul Aziz.
KUALA LUMPUR, June 21 — Malaysia has recorded RM83.7 billion in approved investments across various sectors in the first quarter (1Q) of 2024, representing a 13 per cent increase from RM74.1 billion in the same period last year.
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