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.

SUNGAI PETANI, Aug 4 — Prime Minister Datuk Seri Anwar Ibrahim’s success in attracting Infineon Technologies AG's stake in Kulim, Kedah, proves he is unbiased against opposition-led states, said locals.

KUALA LUMPUR, Aug 4 — The unity government is capable of executing Madani Economy: Empowering the People initiatives, said Deputy Finance Minister I Datuk Seri Ahmad Maslan.

KUALA LUMPUR, Aug 4 — Malaysia is on the right track to realise the country’s efforts in attracting more high-impact investments, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz.

KUALA LUMPUR, Aug 4 — Bursa Malaysia reversed Thursday's losses to open higher today, supported by renewed buying interest despite Wall Street’s softer performance overnight.

KUALA LUMPUR, Aug 3 — Bursa Malaysia closed lower for the third consecutive day, in tandem with the regional selldown following a negative cue from global equities overnight.

KUALA LUMPUR, Aug 3 — Malaysia has emerged as a country with notable resilience and potential for recovery amid the challenges brought about by the Covid-19 pandemic, said the World Bank.

KUALA LUMPUR, Aug 2 — The ringgit continued its downtrend to close lower against the greenback today, along with other emerging currencies, as concern over the global economic outlook resulted in more investors shifting towards the safe haven, an analyst said.

KUALA LUMPUR, Aug 2 — The ringgit opened lower against the US dollar in early trade today, due to the lack of interest.

KUALA LUMPUR, August 1 — The ringgit retreated to close lower against the greenback today, along with other emerging currencies, due to concerns over China's weak economic data, an analyst said.

TOKYO, Aug 1 — Asian stocks edged toward a 16-month peak today and oil held near recent highs as investors began to find more cause for cheer over global economic prospects than reasons to worry, even as data showed risks remain.

KUALA LUMPUR, July 31 — Bursa Malaysia Bhd posted a higher net profit of RM76.25 million for the second quarter ending June 30, 2023 (2Q FY2023) compared to RM59.47 million in the same period a year earlier due to lower operating expenses.

KUALA LUMPUR, July 31 — Foreign investors continued their buying spree on Bursa Malaysia for the third consecutive week, snapping up equities worth RM637.8 million last week — the highest since more than a year ago when they net bought RM1.18 billion during the week ending March 18, 2022.

KUALA LUMPUR, July 29 — The ringgit is likely to stay at the current level against the US dollar next week, with a slightly negative bias at RM4.54 to RM4.56 due to robust US macro data, said an analyst.

KUALA LUMPUR, July 28 — The ringgit closed lower against the greenback today, weighed by a stronger US dollar, due to better macro data from the United States (US) and renewed interest in safe haven currencies, an analyst said.

KUALA LUMPUR, July 28 — MIDF Research looks upon with favour the government’s initiatives for the nation’s orderly energy transition through the launch of Phase 1 of the National Energy Transition Roadmap (NETR), from the oil and gas (O&G) sector’s perspective.

KUALA LUMPUR, July 27 — The recent prints showing easing inflation and an improving labour market are positive indicators for the Malaysian economy, the Department of Statistics Malaysia (DOSM) said.

KUALA LUMPUR, July 27 — Malaysia’s export and import unit value indices rose a marginal 0.1 per cent and 0.4 per cent, respectively, in June 2023, Statistics Department Malaysia (DOSM) reported today.

KUALA LUMPUR, July 27 — Malaysia’s micro, small-and-medium enterprises (MSME) achieved a Gross Domestic Product (GDP) growth of 11.6 per cent in 2022, surpassing the national GDP growth of 8.7 per cent, said the Department of Statistics Malaysia (DOSM).