KUALA LUMPUR, Sept 11 — Malaysia’s economy is on track to grow between 5.0 and 5.5 per cent per annum for the remainder of the 12th Malaysia Plan (12MP), driven by domestic demand, particularly private sector expenditure.

KUALA LUMPUR, Sept 11 — Foreign investors remained net sellers of local stocks on Bursa Malaysia last week, at RM27.7 million, marking a much slower net outflow compared to the RM113.5 million the week before, said MIDF Research.

KUALA LUMPUR, Sept 11 — CIMB Group Holdings Bhd (CIMB) is raising its sustainable finance target to RM100 billion by 2024 under its Green, Social, Sustainable Impact Products and Services (GSSIPS) Framework.

KUALA LUMPUR, Sept 11 — The ringgit opened on a strong note against the US dollar as well as most major Asian and non-Asian currencies, while the market eagerly anticipates the results of the Federal Open Market Committee (FOMC) meeting scheduled from September 19 to September 20.

KUALA LUMPUR, Sept 10 — Asean has completed 11 out of 16 Priority Economic Deliverables (PEDs) under Indonesia’s chairmanship, while five out of seven PEDs under the purview of Asean Economic Ministers have been completed, according to the Ministry of Investment, Trade, and Industry (Miti).

KUALA LUMPUR, Sept 10 — The first-ever National Palm Oil Conference 2023 (NPOC2023) organised by the Malaysian Palm Oil Association (MPOA) will outline the plantation sector’s priorities for the upcoming Budget 2024, as well as the industry’s future.

CYBERJAYA, Sept 9 — Technology hub developer Cyberview Sdn Bhd (Cyberview) has finalised its deal with United States-based data centre provider, EdgeConneX to set up a data centre campus in Cyberjaya, with a capacity of over 200 megawatts (MW).

KUALA LUMPUR, Sept 8 — Pan Malaysia Corporation Bhd (PMC) has proposed to acquire the remaining 49 per cent equity interest in fast-food chain operator A&W (Malaysia) Sdn Bhd from Inter Mark Resources Sdn Bhd, comprising 30.38 million ordinary shares, for RM69.45 million.

KUALA LUMPUR, Sept 8 — The ringgit saw little change against the US dollar at the close as investors remained on the sidelines due to a lack of fresh catalysts.

By Selangor Journal Team SHAH ALAM, Sept 8 — The latest Statistics Department (DOSM) data showed unemployment in the country is on the decline. The number of unemployed individuals stood at 579,200 in July, which brings the joblessness rate to 3.4 per cent. For comparison, 581,700...

KUALA LUMPUR, Sept 8 — Bank Negara Malaysia is expected to keep the overnight policy rate (OPR) at 3 per cent for the remainder of the year.

KUALA LUMPUR, Sept 8 — The ringgit rebounded this morning after a week of losses despite the greenback firming after an unexpected drop in US unemployment benefits.

KUALA LUMPUR, Sept 8 — A new strategy will be announced during the 12th Malaysia Plan (12MP) mid-term review, said Economy Minister Rafizi Ramli.

KUALA LUMPUR, Sept 7 — The ringgit ended almost flat against the US dollar on Thursday, weighed by weaker oil prices despite Bank Negara Malaysia’s (BNM) decision to maintain the Overnight Policy Rate (OPR) at 3.0 per cent, an analyst said.

KUALA LUMPUR, Sept 7 — Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) announced a status quo on interest rates after deciding to maintain the overnight policy rate (OPR) at 3.0 per cent.

HO CHI MINH CITY, Sept 7 — AirAsia continued its winning streak at this year's World Travel Awards 2023 — Asia and Oceania, bagging the coveted titles of “Asia's Leading Low-Cost Airline” for the eighth consecutive year and “Asia's Leading Low-Cost Airline Cabin Crew” for the seventh year in a row.

KUALA LUMPUR, Sept 7 — Proton Holdings Bhd’s (Proton) sales have crossed the 100,000-unit threshold with 13,955 units delivered in August 2023, bringing total sales so far this year to 104,602 units.

KUALA LUMPUR, Sept 7 — The ringgit eased further against the US dollar as fresh worries over sticky US inflation kept investors away from emerging markets.

KUALA LUMPUR, Sept 6 — The ringgit ended lower against the US dollar today on weak demand for the local currency due to concerns over the bleak global economic outlook.

KUALA LUMPUR, Sept 6 — The retail prices of RON97 and RON95 petrol as well as diesel will remain unchanged for the September 7 to September 13 period.