KUALA LUMPUR, Nov 27 — The ringgit was traded higher against the US dollar at the opening today amid mixed data coming from the United States and European Union Purchasing Managers' Index indices.
KUALA LUMPUR, Nov 25 — The ringgit is expected to trade range-bound ahead of the next set of tier-one United States (US) economic data on Friday (December 1) of which the key US non-farm payroll (NFP) will be released, an analyst said.
KUALA LUMPUR, Nov 24 — The ringgit settled lower against the US dollar at the close on Friday, dragged down by the consumer price index (CPI) data which moderated in October 2023, an analyst said.
KUALA LUMPUR, Nov 24 — Malaysia's inflation will continue to remain modest for the rest of 2023 and in the early part of 2024 due to slower pressure from the demand-pull inflation and the impact of the interest rates normalisation, said AmBank Research.
PUTRAJAYA, Nov 24 — The number of the labour force increased by 2.3 per cent year-on-year to record 16.82 million persons in the third quarter (Q3) of this year, according to the Labour Market Review Q3 2023 released by the Department of Statistics Malaysia (DOSM) today.
KUALA LUMPUR, Nov 24 — Malaysia’s headline inflation, as measured by the consumer price index (CPI), moderated to 1.8 per cent in October 2023, the lowest since April 2021, with the CPI at 130.9 points against 128.6 in the same month a year ago, the Department of Statistics Malaysia (DOSM) said.
KUALA LUMPUR, Nov 24 — Malaysia's leading index (LI) improved to negative 0.3 per cent by recording 109.3 points in September compared to negative 0.5 per cent, anticipating a healthier economic prospect in the near future, said the Department of Statistics Malaysia (DOSM).
KUALA LUMPUR, Nov 24 — The ringgit traded almost flat at the opening against the US dollar today on lack of fresh buying interest amid low volatility due to the Thanksgiving holiday in the United States (US).
KUALA LUMPUR, Nov 23 — The ringgit traded marginally lower against the US dollar at the close on Thursday due to a lack of catalysts, said an analyst.
PUTRAJAYA, Nov 23 — Malaysia’s labour productivity registered RM42.2 per hour in the third quarter of 2023 (Q3 2023), improved slightly from RM40.6 per hour in Q2 2023.
PUTRAJAYA, Nov 23 — The Employees Provident Fund’s Shariah savings assets will be completely separated from conventional savings assets, effective January 1, 2024.
KUALA LUMPUR, Nov 22 — The ringgit fell against the US dollar at the close today following recent gains and after the US Federal Open Market Committee (FOMC) minutes of its last meeting showed that the American central bank will remain cautious in its approach to monetary policy, said an analyst.
KUALA LUMPUR, Nov 22 — The retail prices of RON97 and RON95 petrol, as well as diesel, will remain unchanged at RM3.47, RM2.05, and RM2.15 per litre respectively, for the November 23 to November 29 period.
KUALA LUMPUR, Nov 22 — Malaysia has implemented 16 free trade agreements (FTAs) and 62 bilateral investment guarantee agreements (IGAs) to date, said Investment, Trade, and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.
KUALA LUMPUR, Nov 21 — The ringgit extended gains against the greenback at the close today on the rising expectation that the US Federal Reserve (US Fed) is done with interest rate hikes.
KUALA LUMPUR, November 21 — Companies from Regional Comprehensive Economic Partnership (RCEP) countries and China will invest RM100 billion over the next five years in Malaysia to accelerate its digital and green economy transformation.
SINGAPORE, Nov 20 — Malayan Banking Bhd (Maybank) has launched its Islamic wealth management (IWM) regional offshore hub for solutions via Maybank Singapore, extending its IWM position beyond Malaysia and Indonesia.
KUALA LUMPUR, Nov 20 — The ringgit closed stronger against the US dollar today in line with the broader foreign exchange (forex) market as traders started to consider the real possibility of the United States Federal Reserve (Fed) cutting interest rates for non-recessionary reasons, said an analyst.
KUALA LUMPUR, Nov 20 — Malaysia's total trade surpassed the RM2 trillion mark from January to October this year, reaching RM2.181 trillion, with exports amounting to RM1.186 trillion while imports were valued at RM995.55 billion.
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