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.

KUALA LUMPUR, Dec 4 — Foreign investors maintained their position as net buyers on Bursa Malaysia for the fifth consecutive week, with total inflow of RM246.3 million, said MIDF Research.

KUALA LUMPUR, Dec 4 — The ringgit opened higher against the US dollar on Monday supported by positive external developments.

KUALA LUMPUR, Dec 2 — The foreign exchange market is predicted to remain cautious next week, with all eyes on major data points, including the US Nonfarm Payroll (NFP) and Unemployment Rate, which will be critical for ringgit-US dollar performance.

KUALA LUMPUR, Dec 1 — The ringgit closed 0.26 per cent lower against the US dollar on Friday, as the local currency struggled to go beyond the immediate support level of 4.6611 after breaching it this week.

ISTANBUL, Dec 1 — At least 14 Palestinians were killed and several others injured in Israeli airstrikes on the blockaded Gaza Strip soon after the humanitarian pause ended on Friday morning.

KUALA LUMPUR, Dec 1 — The Third Meeting of the Second Term of the 15th Parliament adjourned sine die yesterday after sitting for 32 days from Oct 9, with 12 bills passed, including the Supply Bill 2024 (Budget 2024).

KUALA LUMPUR, Nov 30 — Malaysia's trade performance for the period from January to October 2023 has been affected by the world economic situation which is not encouraging with high global inflation rates, commodity price uncertainty and a high base effect, according to the Investment, Trade, and Industry Ministry (Miti).

KUALA LUMPUR, Nov 30 — Malaysia’s palm oil exports are worth RM51.40 billion with a volume of 12.34 million tonnes for the period from January to October this year, according to the Plantation and Commodities Ministry (KPK).

KUALA LUMPUR, Nov 30 — The ringgit closed lower on Thursday, snapping three consecutive days of gains on profit-taking after the local note touched the immediate support level of RM4.6611 against the US dollar.

KUALA LUMPUR, Nov 29 — The ringgit closed higher today for the third straight day against the greenback on rising expectations for an early US interest rate cut.

KUALA LUMPUR, Nov 29 — Malaysia’s e-commerce income grew by 5.4 per cent year-on-year (y-o-y) in the third quarter of 2023 (3Q 2023) to RM289.5 billion from RM274.6 million in the same quarter last year, said the Department of Statistics Malaysia (DOSM).

KUALA LUMPUR, Nov 29 — The Malaysian corporate sector sustained its recovery momentum in 2023, a continuity from 2022, driven by a number of initiatives and efforts by the government to boost the economy.

KUALA LUMPUR, Nov 28 — Hyperinflation has never happened in Malaysia and the government hopes it will never happen in the future, according to the Economy Ministry.

KUALA LUMPUR, Nov 28 — Malaysian banks have continued to deliver a resilient performance in 2023, anchored by the banking system’s strong fundamentals despite external headwinds and heightened downside risks to growth.

KUALA LUMPUR, Nov 28 — The ringgit extended yesterday’s gains to open higher against the US dollar on Tuesday amid the weakening greenback and lower US Treasury yields, an analyst said.

KUALA LUMPUR, Nov 27 — AirAsia today announced a major expansion of its services covering China, India and Malaysia, totalling an astounding 230 weekly flights for the first quarter of 2024 with up to 5.2 million seats per year.

SHAH ALAM, Nov 27 — The Communications and Digital Ministry (KKD) today assured that the National Digital Identity or Digital ID project will not jeopardise the security of the personal data of all Malaysians.

KUALA LUMPUR, Nov 27 — Malaysia's inflation is expected to fall within a range of 2.5 per cent to 3.5 per cent in 2024, mainly due to the effects of subsidy rationalisation and the impact of the services tax increase, said AmBank Group.

KUALA LUMPUR, Nov 27 — The government is now looking at further narrowing its fiscal deficit, which eased to 5.6 per cent last year after hitting 6.4 per cent in 2021, amid a much-needed pandemic-induced spending to boost the economy and safeguard Malaysian’s livelihood at large.