KUALA LUMPUR, Aug 8 — MIDF Research has maintained Malaysia’s Industrial Production Index (IPI) growth estimate this year at 2.2 per cent versus 6.7 per cent in 2022, as it expects production and overall economic growth to moderate.

KUALA LUMPUR, Aug 8 — Malaysia Productivity Corporation (MPC) today launched a four-week programme to accelerate digital adoption in business, with a focus on micro, small and medium enterprises (MSMEs).

KUALA LUMPUR, Aug 8 — Maybank Investment Bank Bhd expects higher tariffs for 22 solar power producers (SPPs) selected under the Corporate Green Power Programme (CGPP) of between 24 and 28 sen per kilowatt-hour (kWh) compared with  LSS4 of between 17 and 24 sen per kWh.

KUALA LUMPUR, Aug 8 Malaysia is poised to surpass its international tourist arrival target for this year by achieving an arrival of at least 18 million visitors, exceeding the initial target of 16.1 million tourists, said Tourism Malaysia Director-General Datuk Dr Ammar Abdul Ghapar.

KUALA LUMPUR, Aug 8 — Maybank Investment Bank Bhd (Maybank IB) has maintained its neutral call on Malaysian shipping and ports despite the recent strength in container freight rates.

KUALA LUMPUR, Aug 8 — Property developers are exploring the possibility of integrating solar panels in their future residential projects with the current evolution in the renewable energy space.

KUALA LUMPUR , Aug 8 — The ringgit opened lower against the US dollar in early trade today given the prevailing sentiment in the market, which suggests a weaker outlook for global growth.

BANGKOK, Aug 8 — “I'm seeing more Malaysian products on the shelves at supermarkets selling well in Southern provinces,” said a Thai consumer, Rohana Abdul Aziz.

KUALA LUMPUR, Aug 7 — Global lithium battery manufacturer EVE Energy Co Ltd today held a groundbreaking event for its new manufacturing facility with an initial investment of US$422 million (RM1.924 billion) in Kulim, Kedah.

KUALA LUMPUR, Aug 7 — Bursa Malaysia shook off early losses to close mixed today, with the benchmark index ending little changed on cautious market sentiment as key economic data from the United States and China due later this week weighed on investors’ risk appetite.

KUALA LUMPUR, Aug 7 — The ringgit ended easier against the US dollar after closing in negative territory last week due to the United States (US) Nonfarm Payroll (NFP) softer July figures, an analyst said.

KUALA LUMPUR, Aug 7 — Malaysia needs more young people to invest in the capital market to ensure that it remains vibrant, said Securities Commission Malaysia (SC) chairman Datuk Seri Dr Awang Adek Hussin.

KUALA LUMPUR, Aug 7 — Waqf, a charitable endowment in the form of funds or properties, has the potential to ease the federal government's fiscal deficit burden and can act as an instrument to reduce the country's spending and gradually minimise any funding gaps.

KUALA LUMPUR, Aug 7  —Bursa Malaysia opened marginally lower on Monday amidst cautious market sentiment due to the Wall Street’s weak performance on Friday and concerns over China's economic growth.

KUALA LUMPUR, Aug 7 — The ringgit kick-started the week positively, opening higher against the US dollar today, as the US Dollar Index (DXY) declined on Friday last week.

KUALA LUMPUR, Aug 5 — The ringgit is likely to maintain its tight range of RM4.54 to RM4.56 against the US dollar next week as investors are expected to closely monitor several data scheduled to be released by the United States, said an analyst.

KUALA LUMPUR, Aug 5 — Bursa Malaysia is expected to have a positive trend next week and continue to recover, thanks to an increase in investors’ optimism and positive outlook on both the local and regional markets, a dealer said.

KUALA LUMPUR, Aug 4 — The ringgit rebounded from yesterday’s losses to close slightly higher against the greenback today as renewed concerns over economic development shifted investors' interest towards emerging currencies, including the ringgit, an analyst said.

PUTRAJAYA, Aug 4 — Employers shouldn’t use the minimum wage of RM1,500 as a reference to set fresh graduates’ salaries, said Economy Ministry Rafizi Ramli.

PUTRAJAYA, Aug 4 — The median monthly wage in March for Malaysian formal employees was RM2,600, an increase of 8.3 per cent from RM2,400 in March 2022, said the Employee Wages Statistics (Formal Sector) Report, First Quarter 2023.