KUALA LUMPUR, Nov 17 — S&P Global Ratings expects the Malaysian banking sector's loan growth to stay at 5 to 6 per cent in 2023 on the back of the country's economic stability which will support the creditworthiness of Malaysian businesses and consumers.

KUALA LUMPUR, Nov 17 — Malaysia’s newest low-cost airline, MYAirline Sdn Bhd, has obtained an air service licence (ASL) from the Malaysian Aviation Commission (Mavcom), which allows the company to operate as a full-fledged airline in the country.

KUALA LUMPUR, Nov 17 — The ringgit eased further against the US dollar this morning, continuing yesterday's retracement as the greenback regained ground on expectation of more Federal Reserve (Fed) interest rate hikes, an analyst said.

KUALA LUMPUR, Nov 16 — The ringgit was little changed against the US dollar at the close today due to the absence of fresh market catalysts.

KUALA LUMPUR, Nov 16 — Bursa Malaysia extended its loss today amid a weaker regional market performance and as cautious investors offloaded shares ahead of the 15th general election (GE15), a dealer said.

KUALA LUMPUR, Nov 16 — The retail prices of RON95, RON97 and diesel will remain unchanged for the period of November 17 to November 23.

KUALA LUMPUR, Nov 15 — The ringgit closed higher against the US dollar today, buoyed by a positive discussion between China's President Xi Jinping and United States (US) President Joe Biden at the G20 Summit.

KUALA LUMPUR, Nov 15 — The ringgit opened marginally higher against the US dollar today with China's reopening theme still resonating in Malaysia's capital markets and triggering some catch-up in other Asia foreign exchange (FX), analysts said.

KUALA LUMPUR, Nov 14 — The ringgit closed higher against the US dollar today following signs that Chinese officials are preparing to unwind the nation’s zero-Covid-19 policy.

KUALA LUMPUR, Nov 14 — Malaysia’s services and manufacturing growth, the big factor behind the country’s strong third quarter (Q3) gross domestic product (GDP) print, are projected to continue their growth into 2023.

KUALA LUMPUR, Nov 14 — Malaysia's palm oil board on Monday warned of a tough 2023 for the market for the world's most consumed edible oil, with the persistence of global uncertainties in weather, geopolitics and economics that have caused wide price swings this year.

KUALA LUMPUR, Nov 14 — The ringgit opened higher against the US dollar today as the greenback continued its easing on the expectation that the US Federal Reserve (Fed) will be less hawkish on its monetary policy after softer inflation data there, analysts said.

KUALA LUMPUR, Nov 12 — The ringgit is expected to trend higher versus the US dollar next week as there is little data to suggest that United States yields could rise much while China’s Covid-19 policy shift is a major driver for the ringgit.

KUALA LUMPUR, Nov 11 — The ringgit finished the week with a rally, surging 1.59 per cent against the greenback as a softer US inflation reading and relaxation of China's Covid-19 curbs bolstered the local currency.

KUALA LUMPUR, Nov 11 — Malaysia's economy grew at its fastest pace in over a year in the third quarter, outpacing the growth rate in many of its Southeast Asian peers, but the central bank said the outlook was clouded by the risk of a global slowdown.

KUALA LUMPUR, Nov 11 — Malaysia's economy grew by 14.2 per cent in the third quarter this year supported by continued expansion in domestic demand, firm recovery in the labour market, robust electrical and electronics (E&E) as well as non-E&E exports and ongoing policy support.

ANKARA, Nov 11 — The biggest and immediate challenge for central banks in both advanced and emerging market economies is to bring inflation down, IMF Managing Director Kristalina Georgieva said on Thursday.

KUALA LUMPUR, Nov 11 — The ringgit opened higher versus the US dollar today on softer demand for the greenback following news that the US Federal Reserve (Fed) is shifting to a slower pace of tightening its interest rates cycle, analysts said.

KUALA LUMPUR, Nov 10 — The ringgit gained 0.96 per cent against the US dollar today on expectations of the dollar liquidation and that the US dollar index has topped for the year, a dealer said.

KUALA LUMPUR, Nov 10 — Malaysia’s natural rubber (NR) production decreased by 5.9 per cent month-on-month (m-o-m) in September 2022 to 35,460 tonnes.