KUALA LUMPUR, Dec 14 — The ringgit opened higher today as the US dollar Index (DXY) declined after the US Federal Reserve (Fed) provided a clear signal on its monetary stance for next year.

KUALA LUMPUR, Dec 12 — The ringgit ended marginally lower against the greenback on Tuesday ahead of US inflation data for November later tonight, said an analyst.

IPOH, Dec 12 — The Economy Ministry welcomes the readiness of state governments to offer land to expand the Farming Entrepreneur Initiative (Intan) under the People’s Income Initiative (IPR) programme to other states, which aimed to help more hardcore poor individuals come out of poverty.

KUALA LUMPUR, Dec 12 — The ringgit opened higher against the US dollar today amid cautious trade as investors kept an eye on major developments, including the release of US inflation data and Malaysia’s Cabinet reshuffling.

KUALA LUMPUR, Dec 11 — The ringgit gave up its gains on Friday and closed easier versus the US dollar today, as the dollar gained momentum following last week's non-farm payroll (NFP) report indicating a better non-farm employment situation in the United States (US).

KUALA LUMPUR, Dec 11 — Malaysia's manufacturing sector sales value fell 1.4 per cent year-on-year (y-o-y) to RM156.7 billion in October, mainly due to the persistent decline in the petroleum, chemical, rubber, and plastic products sub-sector by 9.5 per cent y-o-y.

KUALA LUMPUR, Dec 11 — Malaysia’s halal exports had reached RM44.17 billion as of October this year, according to Deputy Investment, Trade and Industry Minister Liew Chin Tong.

KUALA LUMPUR, Dec 11 — Foreign investors reversed their five-week net buying streak last week, with net selling at -RM276.4 million last week, said MIDF Research.

KUALA LUMPUR, Dec 11 — The ringgit opened on a softer note against the US dollar on Monday as the greenback strengthened in light of the latest United States (US) nonfarm payrolls (NFP) data, which surpassed expectations.

KUALA LUMPUR, Dec 9 — The ringgit is expected to trade in cautious mode with an upward bias against the US dollar next week ahead of a decision by the US Federal Reserve (Fed) on its monetary policy.

KUALA LUMPUR, Dec 8 — The rise in domestic investors indicates growing investor confidence, said Investment, Trade, and Industry (Miti) Minister Tengku Datuk Seri Zafrul Abdul Aziz.

KUALA LUMPUR, Dec 8 — Malaysia’s natural rubber (NR) production increased by 0.6 per cent to 32,944 tonnes in October from 32,757 tonnes in September, said the Department of Statistics Malaysia (DOSM).

PUTRAJAYA, Dec 8 — The government has agreed to maintain the maximum retail price of bottled pure palm cooking oil to ease the people’s burden and deal with the price increase, said Domestic Trade and Cost of Living Ministry (KPDN).

KUALA LUMPUR, Dec 8 — The ringgit is expected to maintain its strength against the US dollar this month due to the greenback’s seasonal weakness and ahead of continuing disinflationary expectations in the US, according to Kenanga Research.

KUALA LUMPUR, Dec 8 — The ringgit reversed its losses to open higher against the US dollar on Friday amidst positive developments in the Asian foreign exchange (forex) market.

KUALA LUMPUR, Dec 7 — MIDF Research expects Malaysia’s gross domestic product (GDP) growth rate to improve to 4.7 per cent in 2024, supported by the recovery in external trade and sustained growth in domestic demand.

KUALA LUMPUR, Dec 7 — The ringgit traded lower against the US dollar at the opening today as the US Dollar Index (DXY) gained 0.1 per cent to 104.153 points as traders betted on an early rate cut by the European Central Bank, strengthening the greenback.

KUALA LUMPUR, Dec 6 — Malaysia has attracted approved investments worth RM225 billion in services, manufacturing, and primary sectors in the January-September 2023 period, up 6.6 per cent from the RM211 billion investments approved in the same period last year.

KUALA LUMPUR, Dec 6 — The ringgit opened lower against the US dollar on Wednesday as the greenback firmed on an increase in sentiment over a possible interest rate cut by the US Federal Reserve in 2024.

KUALA LUMPUR, Dec 5 — The ringgit opened slightly lower against the US dollar in early trade today due to lack of demand, as the US Dollar Index (DXY) continued to strengthen.