PUTRAJAYA, Dec 30 — A total of 3,255 business premises were inspected during the implementation of the 2022 Christmas Festive Season Maximum Price Scheme (SHMMP) from December 23 to December 27, said Domestic Trade and Cost of Living Minister Datuk Seri Salahuddin Ayub.

KUALA LUMPUR, Dec 30 — MIDF Research expects Malaysia’s gross domestic product (GDP) growth to moderate to 4.2 per cent in 2023 after registering a strong growth of eight per cent this year.

KUALA LUMPUR, Dec 30 — The ringgit strengthened further to end the last trading day of 2022 higher against the US dollar as China’s reopening and expectations for less aggressive US interest rate hikes lifted the local currency, a dealer said.

KUALA LUMPUR, Dec 30 — Gas Malaysia Bhd has announced that under the Incentive-Based Regulation (IBR) framework, the current Base Average Tariff is maintained at the rate of RM1.573 per gigajoules (GJ) per day.

KUALA LUMPUR, Dec 30 — On average, the production cost of broiler chickens in Malaysia was recorded at RM6.53 per kg, while for eggs, the average production cost was recorded at RM0.48 in September this year, according to the Department of Statistics Malaysia (DOSM).

KUALA LUMPUR, Dec 30 — Headline inflation continues to remain stable at 4.0 per cent in November 2022, similar to October 2022, as the increase in core inflation was offset by lower inflation in other categories, namely fuel and fresh food, said Bank Negara Malaysia (BNM).

KUALA LUMPUR, Dec 30 — Malaysia’s official reserve assets amounted to US$109.71 (RM483.82) billion (US$1=RM4.41) as of end-November 2022, in accordance with the International Monetary Fund’s (IMF) Special Data Dissemination Standard (SDDS) format.

BERLIN, Dec 30 — Europe's importance on the world's stock exchanges has continued to decline, consulting firm Ernst and Young (EY) Germany said on Thursday reported Xinhua.

KUALA LUMPUR, Dec 30 — CGS-CIMB Securities Sdn Bhd (CGS-CIMB) forecasts Malaysia’s inflation for 2023 to be at three per cent year-on-year (y-o-y), compared to the 2022 forecast (2022F) consumer price index (CPI) inflation of 3.3 per cent y-o-y.

KUALA LUMPUR, Dec 30 — The ringgit extended its upbeat momentum to open higher against the US dollar today, backed by anticipation that the United States (US) Federal Reserve (Fed) would ease its interest rate hikes, said an analyst.

KUALA LUMPUR, Dec 29 — The ringgit recouped earlier losses to end higher against the US dollar today amid improving risk appetite as seen on the local equities market, a dealer said.

KUALA LUMPUR, Dec 29 — Malaysia and Japan reaffirmed their commitment to further strengthen bilateral trade, investment and industrial ties for both countries’ mutual benefit, said the Ministry of International Trade and Industry (Miti).

KUALA LUMPUR, Dec 29 — The Malaysian economy is anticipated to start moderating due to the effects of global economic instability in the months ahead in 2023, said the Department of Statistics (DOSM) today.

KUALA LUMPUR, Dec 29 — Malaysia’s producer price index (PPI) has eased further to 3.2 per cent year-on-year (y-o-y) in November 2022 from four per cent y-o-y in the previous month, according to the Department of Statistics Malaysia (DOSM).

KUALA LUMPUR, Dec 29 — The ringgit traded marginally lower against the US dollar at the opening today following an uptick in geopolitical concerns around China's border reopening and Russia's new oil ban, said an analyst.

KUALA LUMPUR, Dec 28 — The ringgit ended lower against the US dollar at the close today in line with the performance of regional currencies as the greenback remained firm, supported by a spike in the benchmark United States (US) Treasury yields.

KUALA LUMPUR, Dec 28 — Malaysia’s export prices fell 0.7 per cent in November 2022 while the import value index barely moved, according to the latest data from the Department of Statistics (DOSM).

KUALA LUMPUR, Dec 28 — Malaysia’s total trade in November 2022 rose by 15.6 per cent year-on-year (y-o-y) to RM238.2 billion, said the Statistics Department (DOSM).

JOHOR BAHRU, Dec 28 — All available databases will be integrated to identify those eligible for targeted petrol subsidies, said Domestic Trade and Cost of Living Minister Datuk Seri Salahuddin Ayub.

KUALA LUMPUR, Dec 28 — The ringgit opened lower against the US dollar today on better demand for the greenback amid strong United States (US) Treasury yields, analysts said.