KUALA LUMPUR, Nov 20 — The ringgit opened slightly higher against the US dollar on Monday, driven by mild demand for the domestic note as data points indicated a more dovish outlook for US interest rates.

SAN FRANCISCO, Nov 17 — Malaysia has secured RM63.02 billion in proposed investments in the United States (US), mainly from technology giants, Prime Minister Datuk Seri Anwar Ibrahim said today.

SAN FRANCISCO, Nov 17 — The trade and investment mission to the United States (US) organised before the start of the Asia-Pacific Economic Cooperation (APEC) has successfully generated at least RM8.33 billion cumulatively, said Investment, Trade, and Industry Minister Datuk Seri Tengku Zafrul Tengku Abdul Aziz.

KUALA LUMPUR, Nov 18 — The ringgit is expected to trade in a tight range at RM4.67 to RM4.68 against the US dollar next week as traders seek fresh leads for market direction.

KUALA LUMPUR, Nov 17 — Bank Negara Malaysia (BNM) and the Monetary Authority of Singapore (MAS) have jointly launched the real-time payment systems linkage between Malaysia’s DuitNow and Singapore’s PayNow.

KUALA LUMPUR, Nov 17 — The ringgit closed higher against the greenback today as the latest economic data from the United States (US) heightened the expectation the US Federal Reserve (US Fed) is done with interest rate hikes, with traders now speculating on when the Fed will start cutting rates, a dealer said.

KUALA LUMPUR, Nov 17 — Malaysian companies have secured RM125 million worth of deals in the recent export acceleration mission (EAM) to India and Bangladesh.

KUALA LUMPUR, Nov 17 — Malaysia’s encouraging performance in the third quarter (3Q) of 2023 provides a strong signal for a positive trajectory to achieve the resilience needed to support the restructuring of the economy intended under the Madani Economy initiatives, said Prime Minister Datuk Seri Anwar Ibrahim.

KUALA LUMPUR, Nov 17 — The Malaysian economy, which expanded by 3.3 per cent in the third quarter of 2023 (3Q 2023) from 2.9 per cent in 2Q 2023, is a good sign, said Economy Minister Rafizi Ramli.

KUALA LUMPUR, Nov 17 — Malaysia’s 2023 economic growth forecast remains at 4.0 per cent, rising to 4.5 per cent in 2024, said AmBank Group.

KUALA LUMPUR, Nov 17 — RHB Investment Bank Bhd has maintained its 2023 gross domestic product (GDP) growth projection at 4.3 per cent year-on-year (y-o-y), with rosier economic prospects expected in the fourth quarter of 2023 (4Q 2023).

KUALA LUMPUR, Nov 17 — The Employees Provident Fund (EPF) recorded a total investment income of RM47.86 billion for the nine months which ended on September 30, an increase of 33 per cent from RM36.04 billion posted in the same period in 2022.

KUALA LUMPUR, Nov 17 — BMI, a Fitch Solutions company, expects Bank Negara Malaysia (BNM) to hold its overnight policy rate (OPR) at 3.0 per cent through the end of 2024.

KUALA LUMPUR, Nov 17 — Malaysia’s domestic demand is expected to play a key role in sustaining the country’s overall growth going forward.

KUALA LUMPUR, Nov 17 — The ringgit depreciated by 0.2 per cent versus the US dollar in the third quarter (3Q 2023), along with other regional currencies, amid the broad strength of the greenback, said Bank Negara Malaysia (BNM).

KUALA LUMPUR, Nov 17 — Malaysia’s current account balance rose a marginal 0.3 per cent to RM9.14 billion in the third quarter of 2023 (3Q 2023) against RM9.1 billion in the previous quarter, lifted by higher net exports of goods, said the Department of Statistics Malaysia.

KUALA LUMPUR, Nov 17 — The ringgit opened slightly higher against the US dollar as demand for the US dollar eased and the United States (US) Treasury yields slipped, an analyst said.

KUALA LUMPUR, Nov 16 — The ringgit closed easier against the US dollar today as the greenback rebounded from an over two-month low earlier this week on the back of a stronger-than-expected United States (US) retail sales data.

BEIJING, Nov 16 — Malaysia’s palm oil and palm oil-related exports to China are expected to increase this year, if not maintained at last year's level, said Deputy Prime Minister Datuk Seri Fadillah Yusof.

KUALA LUMPUR, Nov 15 — The ringgit closed higher against the US dollar today as the greenback retreated after lower-than-expected United States (US) Consumer Price Index (CPI) data reinforced expectations the US Federal Reserve (US Fed) is done hiking interest rates.