KUALA LUMPUR, July 18 — MIDF Research has maintained a 'neutral' call on the property sector with a positive bias.

KUALA LUMPUR, July 18 — The government has no plans to compel large companies in the country to participate in the Payung Rahmah initiative, said Domestic Trade and Cost of Living Minister Datuk Seri Salahuddin Ayub.

KUALA LUMPUR, July 18 — The ringgit traded easier against the United States dollar at the opening today, as China’s lower-than-expected gross domestic product data appeared to drive down the ringgit, said an analyst.

KUALA LUMPUR, July 17 — Malaysia’s Automotive High-Tech Valley (AHTV) offers tremendous commercial and supply chain opportunities for automotive investors, and could potentially be a hub for Asia Pacific’s estimated US$778 billion (US$1=RM4.53) electric vehicle (EV) market.

KUALA LUMPUR, July 17 — The ringgit opened slightly easier against the US dollar following signs of deflation in the United States (US) markets, said an analyst.

KUALA LUMPUR, July 15 — Businesses and individual investors can employ exchange-traded derivatives to mitigate investment risks, while safeguarding their portfolio assets in times of market volatility, said Bursa Malaysia Bhd chief executive officer Datuk Muhamad Umar Swift.

PUTRAJAYA, July 14 — The Finance Ministry (MOF) will be holding Budget 2024 engagement sessions physically and online to obtain the input of various parties, said Deputy Finance Minister Datuk Seri Ahmad Maslan.

KUALA LUMPUR, July 14 — The ringgit continued to rally for the fourth straight day against the US dollar as such appreciation has been long overdue, considering that the ringgit has been in oversold condition for quite some time, said an economist.

PUTRAJAYA, July 14 — A total of RM188 billion or 49 per cent of the 2023 Budget has been spent as of June this year, according to Prime Minister Datuk Seri Anwar Ibrahim.

PUTRAJAYA, July 14 — Prime Minister Datuk Seri Anwar Ibrahim said today the government will actively issue a strategic investor pass for investors to enter Malaysia on a multiple entry basis.

KUALA LUMPUR, July 14 — The ringgit continued to strengthen against the US dollar at the opening today, following the decline in the United States’ (US) producer price index (PPI) in June, said an analyst.

KUALA LUMPUR, July 13 — The ringgit remained bullish against the US dollar for the third consecutive day, with United States (US) inflation data being the main catalyst for today’s performance.

KUALA LUMPUR, July 13 — The current ringgit rate would offer a competitive advantage for Malaysia’s exports to the United Kingdom (UK), besides boosting the local tourism industry, said analysts.

KUALA LUMPUR, July 13 — Maybank Investment Bank is cautiously optimistic about improved market traction over the second half of the year (2H 2023) despite mixed earnings guidance while the ringgit is expected to see a positive reversal in the fourth quarter as China’s economy stabilises.

KUALA LUMPUR, July 13 — The current cost headwinds in the construction sector remain manageable with softening steel bar prices and a slower increase in cement prices, said MIDF Amanah Investment Bank Bhd.

KUALA LUMPUR, July 13 — MIDF Research foresees the ringgit to benefit slightly from the easing inflation rate in the United States (US) and expects the local note to appreciate gradually in the second half of 2023 (2H 2023), as chances of a rate pause rise.

KUALA LUMPUR, July 13 — The ringgit extended its positive run against the US dollar today as the greenback weakened due to the lower-than-expected United States Consumer Price Index (US CPI) data in June 2023.

KUALA LUMPUR, July 12 — The ringgit closed slightly higher against the US dollar with market sentiment sanguine over the United States inflation data tonight.

KUALA LUMPUR, July 12 — The retail prices of RON97 and RON95 petrol, as well as diesel, will remain unchanged for the July 13 to July 19 period, the Ministry of Finance (MOF) said.

KUALA LUMPUR, July 12 — Malaysia's Industrial Production Index (IPI) rebounded to 4.7 per cent in May 2023 as against negative 3.3 per cent recorded in the previous month, driven by positive momentum in all sectors, according to the Department of Statistics Malaysia (DOSM).