KUALA LUMPUR, Nov 15 — 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, from November 16 to November 22.

KUALA LUMPUR, Nov 15 — Malaysia’s third quarter of 2023 (3Q 2023) gross domestic product (GDP) is expected to be better than 2Q 2023 despite the challenging global economy, said Economy Minister Rafizi Ramli.

KUALA LUMPUR, Nov 14 — The ringgit closed lower against the US dollar today as traders awaited the release of the United States consumer price index (CPI) data later in the day.

KUALA LUMPUR, Nov 14 — Foreign investors maintained their status as net buyers on Bursa Malaysia for the second consecutive week last week, snapping up RM676.7 million worth of local equities — nearly four times the amount purchased the previous week.

KUALA LUMPUR, Nov 14 — The ringgit opened marginally higher today on subdued demand for the US dollar as the United States (US) Treasury yield depreciated.

IPOH, Nov 12 — The government will study the proposal to raise the ceiling price of local white rice (BPT), said Agriculture and Food Security Minister Datuk Seri Mohamad Sabu.

KUALA LUMPUR, Nov 11 — The ringgit is expected to trade cautiously against the US dollar next week as traders seek fresh leads on more significant economic data.

KUALA LUMPUR, Nov 10 — The ringgit extended its downtrend to close lower today against the greenback for the fourth consecutive day following US Federal Reserve (US Fed) chairman Jerome Powell’s hawkish tone in his statement on US monetary policy yesterday.

KUALA LUMPUR, Nov 10 — Bank Islam Malaysia Bhd expects Malaysia’s gross domestic product (GDP) to grow at 3.2 per cent in the third quarter of 2023 (3Q FY2023) amid resilient domestic demand despite external headwinds.

KUALA LUMPUR, NOV 10 — The ringgit led losses among emerging Asian currencies and stock markets retreated on Friday, as the United States (US) Treasury yields surged after the Federal Reserve chair said officials were "not confident" interest rates were high enough to defeat inflation.

KUALA LUMPUR, Nov 9 — Westports Holdings Bhd’s net profit for the third quarter ended Sept 30, 2023, increased to RM195 million compared to RM150.39 million in the same period last year.

KUALA LUMPUR, Nov 9 — The ringgit opened lower against the US dollar today amid rising concerns over the future prospect for the US Federal Reserve (Fed) Funds Rate, said an analyst.

KUALA LUMPUR, Nov 8 — The unit price index for selected materials, including cement, sand, and aggregates for most areas of Peninsular Malaysia, Sabah, and Sarawak on a month-on-month (m-o-m) comparison recorded an increase in October, said the Department of Statistics Malaysia (DOSM).

KUALA LUMPUR, Nov 8 — AmBank (M) Bhd said Malaysia is on track to record a 4.0 per cent gross domestic product (GDP) growth this year and 4.5 per cent for 2024, following a marginal contraction in September’s Industrial Production Index (IPI).

KUALA LUMPUR, Nov 8 — The government is expected to collect about RM800 million in annual revenue from the implementation of the capital gains tax (CGT) effective March 1, 2024, based on share ownership transfer trends in recent years, said the Finance Ministry (MOF).

KUALA LUMPUR, Nov 8 — The ringgit opened marginally higher against the US dollar as markets continue to assess whether the US Federal Reserve (US Fed) would pivot following the latest jobs market report last week, said an analyst.

KUALA LUMPUR, Nov 7 — Malaysia's Industrial Production Index (IPI), which consists of three sectors, namely mining, manufacturing, and electricity, slipped by 0.5 per cent year-on-year (y-o-y) in September, said the Department of Statistics Malaysia.

KUALA LUMPUR, Oct 7 — MIDF Research has predicted the consumer price index (CPI) inflation will moderate to 3.0 per cent this year from 3.3 per cent in 2022.

KUALA LUMPUR, Nov 7 — The ringgit opened lower against the US dollar today as technical correction prevailed following a sizeable rally over the last three trading days, said an analyst.

KUALA LUMPUR, Nov 6 — The ringgit is expected to appreciate to RM4.30 against the US dollar by year-end as the Federal Reserve (Fed) is deemed to have ended its tightening cycle for the year, said MIDF Research.