KUALA LUMPUR, May 31 –The pressure on the ringgit against the US dollar is hoped to lessen when the US debt ceiling issue is resolved over the next few days, said Deputy Finance Minister I Datuk Seri Ahmad Maslan.
BRUSSELS, May 31 – The European Union (EU) is open for engagement to address issues raised by the Council of Palm Oil Producing Countries (CPOPC) on the unjust European Union Deforestation Regulation (EUDR), which is detrimental to free and fair trade.
BRUSSELS, May 31 – The Malaysian Sustainable Palm Oil (MSPO) certification scheme, introduced in 2013, is constantly evolving and improving, said Deputy Prime Minister and Plantation and Commodities Minister Datuk Seri Fadillah Yusof.
KUALA LUMPUR, May 30 — Malaysia Airports Holdings Bhd (MAHB) remained in the black after posting a net profit of RM58.19 million for the first quarter ended March 31, 2023 (1Q FY2023), compared to a RM104.76 million loss from the previous corresponding quarter.
LANGKAWI, May 30 — The Malaysian Investment Development Authority (Mida) is setting its sights on attracting RM134 million in investments for the aerospace industry by the end of 2023.
KUALA LUMPUR, May 30 — The ringgit continued to retreat against the US dollar in the early session on Tuesday ahead of a decision on the US debt ceiling.
BRUSSELS, May 29 – The government will fight against any discriminatory trade practices against Malaysia’s agricommodity sector, says Deputy Prime Minister and Plantation and Commodities Minister Datuk Seri Fadillah Yusof.
KUALA LUMPUR, May 29 – The Menu Rahmah initiative has successfully contributed to the reduction of the inflation rate of food-outside-the-home prices for the first time since August 2021, said Domestic Trade and Cost of Living Minister Datuk Seri Salahuddin Ayub.
KUALA LUMPUR, May 29 — Malaysia’s Producer Price Index (PPI) declined to -3.0 per cent in April 2023 from -2.9 per cent in March 2023, said the Department of Statistics Malaysia (DOSM).
KUALA LUMPUR, May 29 — The ringgit weakened against the US dollar in the early session on Monday amid the recent United States (US) debt ceiling impasse.
KOTA KINABALU, May 27 — Eight items have been listed as controlled goods under the Kaamatan Festival 2023 Festive Season Maximum Price Control Scheme for seven days, starting today.
KUALA LUMPUR, May 27 — The ringgit is projected to trade in a narrow range next week as the US debt ceiling deadline looms on June 1.
KUALA LUMPUR, May 26 — A strong US dollar will likely continue in the near future and economies need to brace for another round of rough currency market as heightened risks would lead to a flight to safety phenomenon globally.
KUALA LUMPUR, May 26 — The ringgit rebounded sharply versus the greenback as US debt ceiling negotiations made headway, with the local currency also strengthening against other major and regional currencies.
PUTRAJAYA, 26 May — Bank Negara is looking for an appropriate solution to shore up the weakening ringgit, a phenomenon that is expected to continue if the US government’s request to raise its national debt ceiling remains unapproved, said Deputy Finance Minister Datuk Seri Ahmad Maslan.
LANGKAWI, May 26 — Malaysia aims to strengthen its position as Asia’s shipbuilding and ship repair (SBSR) hub through collaboration and innovation to shape a vibrant future for the industry, said the Malaysian Investment Development Authority (Mida).
KUALA LUMPUR, May 26 — Malaysia’s Consumer Price Index (CPI) for April 2023 increased to 3.3 per cent with the index points standing at 130.0 from 125.9 in the same month last year, said the Department of Statistics Malaysia (DOSM).
KUALA LUMPUR, May 26 — Malaysia’s export prices recorded a decline of 0.5 per cent to 141.9 points in April 2023 from 142.6 points in the preceding month, according to the Department of Statistics Malaysia (DOSM).
KUALA LUMPUR, May 26 — The ringgit continued to remain under pressure as the outcome of the United States (US) debt ceiling talks remains highly uncertain despite inching closer to the early June deadline.
KUALA LUMPUR, May 25 — The ringgit depreciated further against the US dollar, hitting a six-month low, and is currently trading near its resistance level of 4.6257, alongside other regional currencies impacted by the US debt ceiling debacle, said Bank Muamalat Malaysia Bhd chief economist and social finance head Mohd Afzanizam Abdul Rashid.
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