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.

KUALA LUMPUR, Nov 10 — Malaysia’s Gross Domestic Product (GDP) is estimated to expand by 13.5 per cent year-on year (y-o-y) in the third quarter (Q3) of this year, driven by recovery in tourism-related segments as well as the low-base effect, according to stockbroking firm CGS-CIMB.

KUALA LUMPUR, Nov 10 — The ringgit retreated versus the US dollar today on technical correction after three consecutive days of gains amid mixed overnight greenback performance.

KUALA LUMPUR, Nov 9 — The ringgit gained 6.19 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 9 — A total of 97.8 per cent of the 8.68 million positions in the economic sector have been filled as of the third quarter of this year, according to the Department of Statistics Malaysia (DOSM).

KUALA LUMPUR, Nov 9 — National automaker Perusahaan Otomobil Nasional Bhd (Proton) is in the midst of strengthening its electric vehicle (EV) capabilities and plans to launch and produce its own EV by 2027, said its deputy chief executive officer Roslan Abdullah.

KUALA LUMPUR, Nov 9 — The volume index of wholesale and retail trade registered a growth of 25.9 per cent to 144.5 points in the third quarter (Q3) of 2022 compared with the same quarter in the previous year, said the Department of Statistics Malaysia (DOSM).

KUALA LUMPUR, Nov 9 — The ringgit opened higher versus the US dollar today as demand for the greenback weakened in thin trading, analysts said.

KUALA LUMPUR, Nov 8 — Malaysia is likely to report a robust gross domestic product (GDP) expansion rate in the third quarter of this year (Q3 2022), buoyed by a strong recovery in the labour market, said MIDF Amanah Investment Bank Bhd.

KUALA LUMPUR, Nov 8 — RHB Investment Bank Bhd (RHB IB) expects Malaysia’s industrial production to ease gradually in the fourth quarter (Q4 2022) before a more significant slowdown in the first half of 2023 (1H23).

KUALA LUMPUR, Nov 8 — The ringgit finished today's trading slightly higher against the US dollar amid a mixed performance in the Asian foreign exchange market.

KUALA LUMPUR, Nov 8 — Malaysia’s manufacturing sales value in September 2022 grew 19.5 per cent to RM161.7 billion from RM135.3 billion in the same month last year.

KUALA LUMPUR, Nov 8 — The value of construction work done in the third quarter (Q3) of 2022 rose 23.2 per cent to RM30.5 billion compared to the same quarter of 2021 (Q2 2022: RM29.9 billion).

KUALA LUMPUR, Nov 8 —The Malaysian Investment Development Authority (Mida) expects the total approved investments in 2022 to recover to the pre-pandemic level of over RM200 billion annually.

KUALA LUMPUR, Nov 8 — Malaysia’s industrial production index (IPI) expanded 10.8 per cent year-on-year (y-o-y) in September 2022 compared with a growth of 13.5 per cent y-o-y in August 2022, said the Department of Statistics Malaysia (DOSM).

KUALA LUMPUR, Nov 8 — Enhancing domestic direct investment (DDI) is important for Malaysia’s sustainable growth given its huge contribution to the country’s economy, said the Malaysian Investment Development Authority (Mida).

KUALA LUMPUR, Nov 8 — The ringgit opened higher versus the US dollar today supported by positive sentiment on the possibility of reopening of China's borders and rally of equities, said an analyst.

KUALA LUMPUR, Nov 7 — The ringgit ended Monday's trading session higher against the US dollar amid positive sentiment in global equity markets.

KUALA LUMPUR, Nov 7 — Bank Negara Malaysia’s (BNM) international reserves amounted to US$105.2 billion as of October 31, 2022, up from US$104.5 billion as of October 14, 2022.

KUALA LUMPUR, Nov 7 — Malaysia’s Services Producer Price Index (SPPI) went up three per cent in the third quarter of 2022 (Q3 2022) to 113.8 compared to 110.5 in the same quarter last year, the Department of Statistics Malaysia (DOSM) said.