SINGAPORE, Oct 5 — Asian issuance of bonds denominated in local currencies have ballooned to their largest in more than a decade as borrowers turn shy of expensive US dollar debt and tap cheaper, liquid markets at home.

KUALA LUMPUR, Oct 5 — The government of Malaysia has been named Top Bond Issuer Overall in the third quarter of 2022 (Q3 2022), according to the Bond Pricing Agency Malaysia Sdn Bhd (BPAM).

JAKARTA, Oct 5 — Indonesia's central bank governor said on Wednesday the cross border payment programme between five Asean countries, namely Thailand, Singapore, Malaysia, Philippines and Indonesia will be fully connected next year.

KUALA LUMPUR, Oct 5 — The ringgit opened marginally higher against the US dollar this morning in tandem with the positive risk sentiment ahead of the upcoming Budget 2023 announcement this Friday.

KUALA LUMPUR, Oct 4 — The ringgit ended higher against the US dollar today on renewed buying interest, said an analyst.

KUALA LUMPUR, Oct 4 — Bursa Malaysia Bhd said it has recently seen an increase in reports of investment scams, with scammers now found to have misused the Bursa Malaysia name and logo, as well as misrepresenting themselves as employees of the exchange.

KUALA LUMPUR, Oct 4 — The export volume index increased 7.7 per cent in August 2022 compared with July, contributed by the rise in miscellaneous manufactured articles (11.9 per cent), machinery and transport equipment (7.9 per cent), as well as mineral fuels (7.8 per cent).

KUALA LUMPUR, Oct 4 — The ringgit opened barely changed against the US dollar on the expectation that the US Federal Reserve (Fed) will continue its tight monetary policy going forward.

KUALA LUMPUR, Oct 3 — The ringgit ended lower against the US dollar today despite higher oil prices, said an analyst.

KUALA LUMPUR, Oct 3 — The price of five kg bottled pure cooking oil will drop by RM2 to RM31.50 from RM33.50 previously, effective October 8 until November 7.

KUALA LUMPUR, Oct 3 — The Malaysian economy is not in a crisis and its growth trajectory remains positive, but the country needs to reform to become an innovation-based economy, said Bank Negara Malaysia (BNM).

KUALA LUMPUR, Oct 3 — The ringgit’s performance against the United States (US) dollar alone is not a reflection of the state of the economy and is only one indicator among many, Bank Negara Malaysia’s (BNM) Governor Tan Sri Nor Shamsiah Mohd Yunus said.

KUALA LUMPUR, Oct 3 — There is no need to hoard or frontload US dollar purchases as while the current depreciation of the ringgit is due to the strength of the US dollar, corporate Malaysia can help in maintaining orderly market conditions by taking actions which do not exacerbate the situation, said Bank Negara Malaysia (BNM) Governor Tan Sri Nor Shamsiah Mohd Yunus.

KUALA LUMPUR, Oct 3 — The weakening ringgit, which is at its lowest since 1998, was not a reflection of the state of the Malaysian economy, Bank Negara Malaysia Governor Tan Sri Nor Shamsiah Mohd Yunus said on Monday.

KUALA LUMPUR, Oct 3 — Malaysian manufacturers successfully hired additional staff at the end of the third quarter (Q3) of this year, resulting in the first expansion of workforce numbers in 10 months, according to the latest S&P Global Malaysia Manufacturing purchasing managers’ index (PMI) survey.

KUALA LUMPUR, Oct 1 — The ringgit is likely to trend higher next week, trading between 4.59 and 4.62 against the US dollar, on improved market sentiments, an analyst said.

KUALA LUMPUR, Sept 30 — Amanah Saham Nasional Bhd (ASNB), the wholly-owned unit trust company of Permodalan Nasional Berhad (PNB), announced an income distribution of 3.75 sen per unit for its fixed price fund, Amanah Saham Malaysia 3 (ASM 3), for the financial year ending September 30, 2022.

KUALA LUMPUR, Sept 30 — The ringgit ended the month of September slightly higher, rebounding from its recent downtrend amid mixed sentiments in the market, an analyst said.

KUALA LUMPUR, Sept 30 — Headline inflation has increased to 4.7 per cent in August 2022 from 4.4 per cent in July, in line with market expectations, said Bank Negara Malaysia (BNM).

KUALA LUMPUR, Sept 30 — Malaysia’s official reserve assets amounted to US$108.24 billion (RM501.1 billion) as of end-August 2022, in accordance with the International Monetary Fund’s Special Data Dissemination Standard (IMF SDDS) format.