KUALA LUMPUR, Oct 27 — Malaysia’s export unit value index in September this year rose by 1.6 per cent to 144.6 points from 142.3 points in the previous month, said the Department of Statistics Malaysia (DOSM).

KUALA LUMPUR, Oct 27 — MIDF Research foresees limited pressure on local producers to increase selling prices going forward, given the Producer Price Index (PPI) inflation still remains below the Consumer Price Index (CPI) inflation.

KUALA LUMPUR, Oct 27 — The ringgit rebounded against the US dollar at opening amid tepid market sentiment as investors anticipate another quarter point increase in the US Federal Reserve Funds Rate in the upcoming Federal Open Market Committee (FOMC) meeting.

KUALA LUMPUR, Oct 26 — Malaysia has facilitated RM110 billion in digital-related investments, almost double the target under the Malaysia Digital Blueprint’s (MyDigital) initiative, said Malaysian Digital Economy Corporation (MDEC) chief executive officer Mahadhir Aziz.

KUALA LUMPUR, Oct 26 — The ringgit slid against the US dollar at Thursday’s close on the back of a spike in bond yields amid fears the United States' (US) interest rates will stay high for longer.

KUALA LUMPUR, Oct 26 — Haier Electrical Appliances (Malaysia) Sdn Bhd aims to secure a higher sales growth of 30 per cent in 2023 following the introduction of more new products and retail shop expansion being planned in the country.

KUALA LUMPUR, Oct 26 — The electronic invoicing system (e-invoicing) implementation will bode well should the government opt to reinstate the Goods and Services Tax (GST).

KUALA LUMPUR, Oct 26 — The introduction of the National Franchise Policy 2030 (DFN 2030) is expected to generate RM100 billion in sales within the industry by 2030.

KUALA LUMPUR, Oct 25 — The ringgit strengthened against major currencies at the end of trading today as its correction continued.

KUALA LUMPUR, Oct 25 — The retail prices of RON97 and RON95 petrol as well as diesel remain unchanged at RM3.47, RM2.05, and RM2.15 per litre, respectively, from October 26 to November 1 period.

KUALA LUMPUR, Oct 24 — The ringgit corrected its oversold position to end today positively against the US dollar.

KUALA LUMPUR, Oct 23 — The ringgit extended its decline to close lower against the US dollar on Monday as the 10-year US Treasury yield hit five per cent while geopolitical tension in the Middle East further spurred a risk-off sentiment.

KUALA LUMPUR, Oct 23 — External factors continue to drive the performance of the ringgit and regional currencies, said Deputy Finance Minister I Datuk Seri Ahmad Maslan.

KUALA LUMPUR, Oct 23 — Bank Negara Malaysia (BNM) will do whatever is necessary to ensure the ringgit continues to adjust in an orderly manner, which allows businesses to be facilitated as well.

KUALA LUMPUR, Oct 21 — RM600 million from selected facilities under Bank Negara Malaysia’s (BNM) fund for small and medium enterprises (SMEs) has been earmarked for four target segments, it said.

GAZA CITY, Oct 21 — The first convoy of relief trucks has begun to enter the Gaza Strip from the Egyptian side of the Rafah crossing, said the Red Crescent.

KUALA LUMPUR, Oct 21 — The ringgit is expected to trade sideways next week as the ongoing geopolitical tension in the Middle East remains a crucial factor for the currency market, an economist said.

KUALA LUMPUR, Oct 20 — MIDF Research has maintained Malaysia’s Consumer Price Index (CPI) forecast at three per cent for 2023 on softening inflationary pressure, even as the depreciated ringgit remains a downside risk factor for domestic food prices.

KUALA LUMPUR, Oct 20 — The Malaysian economy is expected to grow moderately at 3.3 per cent per the gross domestic product's (GDP) initial estimate for the third quarter of 2023 (Q3 2023) compared with 2.9 per cent in Q2 2023, according to the Economy Ministry.

KUALA LUMPUR, Oct 20 — An economist said the ringgit reversed its downtrend to end the week marginally higher against the US dollar, driven by positive macroeconomic data supporting the local currency.