KUALA LUMPUR, Oct 12 — Loan applications data remains stable in August 2022, indicating that demand for property was unaffected by the overnight policy rate (OPR) hike, as it was supported by the reopening of the economy, a research house said.

KUALA LUMPUR, Oct 12 — The ringgit opened flat against the US dollar this morning as investors await further market catalysts ahead of the guidance from the United States (US) Federal Open Market Committee (FOMC) meeting minutes, said a dealer.

KUALA LUMPUR, Oct 11 — The ringgit slipped further against the US dollar at the close today in line with most Asian currencies, as the greenback continued to strengthen its appeal as a safe haven currency, an analyst said.

KUALA LUMPUR, Oct 11 — MIDF Research expects external factors to continue to hold sway over equity market sentiment despite the onset of the 15th General Election.

KUALA LUMPUR, Oct 11 — The unit price indices of building materials increased between four and 12.7 per cent in September 2022 compared to a year earlier, said the Department of Statistics Malaysia (DOSM).

KUALA LUMPUR, Oct 11 — The ringgit opened lower against the US dollar this morning following the higher-than-expected non-farm payrolls (NFP) data for September, which further attests to the scenario of a strong economic recovery in the United States (US), said a dealer.

KUALA LUMPUR, Oct 10 — The restriction on the export of live commercial broilers will be eased in phases starting tomorrow (Oct 11), said Minister of Agriculture and Food Industries Datuk Seri Ronald Kiandee.

PUTRAJAYA, Oct 9 — The subsidies for chicken breeders and chicken egg producers have been extended from October until December this year, at a rate of RM0.80 per kg for chickens and RM0.08 per egg, said Datuk Seri Ronald Kiandee.

KUALA LUMPUR, Oct 8 — The ringgit is likely to trend weaker against the US dollar next week following the expected stronger United States Consumer Price Index (CPI) data release, said an analyst.

KUALA LUMPUR, Oct 8 — Malaysia has a strong potential for robust productivity growth, in line with the 12th Malaysia Plan 2021-2025 (12MP) aspiration towards becoming a high-income nation.

KUALA LUMPUR, Oct 7 — The Employees Provident Fund’s (EPF) registered a total investment income of RM27.0 billion for the first half of 2022 (H1 2022), a decrease of RM7.06 billion, or 21 per cent, compared to RM34.06 billion in the corresponding period in 2021.

KUALA LUMPUR, Oct 7 — The ringgit ended lower against the US dollar on Friday as the greenback's safe-haven currency appeal continued to strengthen amid risk-off sentiment in the market, an analyst said.

KUALA LUMPUR, Oct 7 — Bank Negara Malaysia’s (BNM) international reserves declined to US$106.1 billion as at Sept 30, 2022, from US$106.3 billion on September 15, 2022.

KUALA LUMPUR, Oct 7 — The ringgit opened slightly lower against the US dollar this morning following hawkish comments from the United States (US) Federal Reserve (Fed) officials on raising the US interest rate by early 2023.

KUALA LUMPUR, Oct 6 — The ringgit retreated from its gains yesterday to end lower against the US dollar on Thursday amid mixed sentiments in the market as investors continued to seek the safe-haven greenback, a dealer said.

KUALA LUMPUR, Oct 6 — The net capital stock (NKS) which represents the wealth of Malaysia’s economy, increased to RM3.28 trillion in 2021 from RM3.22 trillion in 2020, according to the Department of Statistics Malaysia (DOSM).

KUALA LUMPUR, Oct 6 — The ringgit opened flat against the US dollar this morning amidst better United States (US) ADP non-farm employment data.

KUALA LUMPUR, Oct 5 — Malaysia’s Islamic banking industry is expected to grow between 10 and 12 per cent this year and eight and 10 per cent next year driven by the retail segment, Moody’s Investors Service said.

KUALA LUMPUR, Oct 5 — The ringgit continued to appreciate against the US dollar today ahead of the Budget 2023 tabling on Friday (October 7), said an analyst.

KUALA LUMPUR, Oct 5 — Domestic market conditions have remained orderly with the smooth intermediation of two-way flows in the bond and equity markets despite continued heightened volatility in the financial markets, Bank Negara Malaysia (BNM) said.