KUALA LUMPUR, Dec 21 — The ringgit ended lower against the US dollar for the five consecutive day today, weighed down by further monetary policy tightening by global central banks seen on the horizon.

KUALA LUMPUR, Dec 21 — The government is studying the best measures to reduce the budget deficit which will be announced during the full budget presentation in February 2023.

KUALA LUMPUR, Dec 21 — Recovering from the pandemic, exports of timber industry products rose 3.4 per cent in 2021 to RM20.4 billion supported by both manufactured and agricultural timber products, the Department of Statistics (DOSM) said.

NEW YORK, Dec 21 — The US dollar weakened in late trading on Tuesday, amid strength in Japanese yen reported Xinhua.

KUALA LUMPUR, Dec 21 — Given the ongoing global challenges and the importance of Asian regionalism in the 21st century today, South Korea foresees the Look East Policy (LEP) framework it established with Malaysia in 1983 could be further upgraded.

KUALA LUMPUR, Dec 21 — The ringgit was almost flat against the US dollar in early trade today as investors remained on the sidelines, awaiting fresh leads to move the market.

KUALA LUMPUR, Dec 20 — The ringgit ended lower for the fourth straight session against the US dollar today, in line with fresh recession fears following aggressive monetary policy moves by central banks globally.

KUALA LUMPUR, Dec 20 — Petronas said on Tuesday it had won the Agua Marinha exploration block in the Campos Basin during Brazil's bid round.

KUALA LUMPUR, Dec 20 — The ringgit took a breather from yesterday’s rally to open almost flat against the US dollar this morning, with support for the local note remaining positive.

KUALA LUMPUR, Dec 19 —The ringgit failed to sustain earlier gains to end the day in bearish mode against the greenback as the mood turned sour with key US data and inflation figures from major economies back in focus.

KUALA LUMPUR, Dec 19 — MIDF Research predicted exports and imports growth to be robust at 27.1 per cent and 32 per cent respectively this year.

KUALA LUMPUR, Dec 19 — The Malaysian Aviation Commission (Mavcom) anticipates air passenger traffic in 2023 to grow between 40 per cent and 52 per cent year on year (y-o-y), translating to between 74.6 million and 80.8 million passengers.

KUALA LUMPUR, Dec 19 — Malaysia’s trade continued its stellar performance and maintained an upward trajectory in November 2022 with trade expanded by 15.6 per cent to RM238.17 billion compared to November 2021 -- the 22nd consecutive month of year-on-year (y-o-y) double-digit expansion.

SEOUL, Dec 19 — South Korea on Monday flagged a deeper economic slowdown than expected at least through the first half of next year, and extended sales tax breaks on some fuel oil products and passenger cars by a few months.

BEIJING, Dec 19 — China's business confidence fell to its lowest since January 2013, a survey by World Economics showed on Monday, reflecting the impact of surging Covid-19 cases on economic activity with the abrupt lifting of many pandemic control measures.

KUALA LUMPUR, Dec 19 — CGS-CIMB Research (CGS-CIMB) predicts that 2023 could remain challenging as corporates adapt to the new policy and political landscape post-15th General Election (GE15).

KUALA LUMPUR, Dec 19 — Aerodyne Group (Aerodyne), the world’s leading DT3 (Drone Technology, Data Technology, and Digital Transformation) company has inked an agreement to acquire a controlling interest in Grupo DR1.

KUALA LUMPUR, Dec 19 — The ringgit opened higher against the US dollar on Monday, boosted by higher oil prices as the greenback retreated, an analyst said.

KUALA LUMPUR, Dec 18 — The increase in electricity tariff surcharge by more than 44 per cent for medium voltage (MV) and high voltage (HV) users will pose major concerns and challenges to this category of users for the next six months, said the Federation of Malaysian Manufacturers (FMM).

KUALA LUMPUR, Dec 17 — Bullish expectations for the ringgit would be put on hold next week, with the currency’s movement leaning towards the downside at between 4.42 and 4.44 against the US dollar next week, said an analyst.