KUALA LUMPUR, Oct 17 — The ringgit extended last week’s downtrend to close lower against the US dollar today, nearing the all-time low of 4.725 recorded on January 7, 1998, as sentiment in the local market was influenced by the robust greenback.

KUALA LUMPUR, Oct 17 — The Ministry of Domestic Trade and Consumer Affairs (KPDNHEP) has listed eight items under the Deepavali 2022 Maximum Price Scheme.

KUALA LUMPUR, Oct 17 — The Securities Commission Malaysia (SC) plans to allow the wholesale fund market gain exposure to alternative assets such as digital assets, investment accounts, and investment notes.

KUALA LUMPUR, Oct 17 — Maybank Investment Bank Bhd (Maybank IB) remains positive on the Malaysian aviation sector ahead of the 15th General Election (GE15) as the election is expected to “add fuel to the industry’s recovery.” The research house said it expects GE15 to have a long term positive...

KUALA LUMPUR, Oct 17 — The ringgit opened at a fresh all-time low against the US dollar on Monday as demand for the greenback is strong due to its stature as a safe-haven currency, dealers said.

KUALA LUMPUR, Oct 16 — The uptrend in sales thanks to the Buy Malaysian Products Campaign (KBBM) 2022 has helped stimulate the domestic economy, Domestic Trade And Consumer Affairs Minister Datuk Seri Alexander Nanta Linggi said.

KUALA LUMPUR, Oct 15 — The ringgit is likely to trend skewed to the downside next week with a trading forecast at between 4.69 and 4.72 against the US dollar, driven by the stronger-than-expected United States (US) inflation data in September, analysts said.

KUALA LUMPUR, Oct 14 — The ringgit ended lower against the US dollar today, as the greenback stayed firm amid persistent concerns over more hawkish interest rate hikes by the Federal Reserve (Fed) in the coming months, an analyst said.

SINGAPORE, Oct 14 — Singapore's central bank on Friday tightened monetary policy for the fourth time this year to rein in inflation running near a 14-year high, and left the door open for further policy action amid upside risks to the price outlook and global uncertainty.

WASHINGTON, Oct 14 — The global economy is "dangerously close" to a recession, as inflation remains elevated, interest rates rise, and growing debt burden hits the developing world, World Bank President David Malpass said Thursday.

KUALA LUMPUR, Oct 14 — The ringgit depreciated to a fresh all-time low against the US dollar at the opening today, due to the higher-than-expected reading of the United States (US) Consumer Price Index (CPI) data, which signals that a significant increase in the US interest rate might be on its way, a dealer said.

KUALA LUMPUR, Oct 13 (Bernama) — The ringgit continued its slide against the US dollar at the close today as the greenback stayed strong after the US Federal Open Market Committee (FOMC) minutes indicated that it remained committed to raising interest rates in order to bring down inflation.

KUALA LUMPUR, Oct 13 — The ringgit opened lower against the US dollar this morning amidst the higher-than-expected United States Producer Price Index (PPI) data for September, which came in at 8.5 per cent versus 8.4 per cent forecast, said a dealer.

PUTRAJAYA, Oct 12 — The government continues with the maximum chicken and egg price determination implementation period effective today, with the maximum price of chicken and retail price of eggs maintained.

KUALA LUMPUR, Oct 12 — The ringgit continued its downtrend against the US dollar at the close today as the greenback continued its ascent on safe-haven asset demand ahead of the release of the minutes of the US Federal Open Market Committee (FOMC) meeting later today.

KUALA LUMPUR, Oct 12 — The prices of RON97 petrol, RON95 petrol and diesel will remain unchanged from October 13 to October 19, 2022 said the Ministry of Finance in a statement today.

KELANA JAYA, Oct 12 — Malaysian developers remain mostly neutral about the property industry’s outlook and the economic environment in the second half of 2022 (H2 2022) and H1 2023, the Real Estate and Housing Developers’ Association Malaysia (Rehda) said.

KUALA LUMPUR, Oct 12 — The Industrial Production Index (IPI) soared 13.6 per cent in August 2022 as compared to the same month of the previous year, the Department of Statistics (DOSM) said.

KUALA LUMPUR, Oct 12 — Malaysia’s manufacturing sales value in August 2022 expanded 24.4 per cent to RM157.4 billion.

KUALA LUMPUR, Oct 12 — The sales value of wholesale and retail trade in Malaysia set a new record again in August 2022, rallying 33.7 per cent year-on-year to RM133.7 billion, the Department of Statistics Malaysia (DOSM) said.