KUALA LUMPUR, Sept 30 — The need for the construction sector to move along with technological development while preserving the environment is crucial in ensuring that the players in this sector are able to continue to compete in the domestic and international markets.

KUALA LUMPUR, Sept 30 — Gamuda Bhd's shares rose in the early trade today after recording strong earnings for the financial year ended July 31, 2022 (FY2022).

KUALA LUMPUR, Sept 30 — MIDF Research expects price pressures on local producers to ease, given the improving supply chain activities following the decrease in the Baltic Dry Index and the recent correction in commodity prices.

KUALA LUMPUR, Sept 30 — The ringgit opened marginally higher versus the greenback for the second consecutive day amid tepid market sentiment, a dealer said.

KUALA LUMPUR, Sept 29 — The ringgit reversed earlier gains to close lower against the US dollar on Thursday, as market sentiments continued to favour the greenback due to global uncertainties, said an analyst.

KUALA LUMPUR, Sept 29 — Malaysia’s Producer Price Index (PPI) for local production eased further to 6.8 per cent in August compared to 7.6 per cent in the previous month, the Department of Statistics Malaysia (DOSM) said.

KUALA LUMPUR, Sept 29 — The ringgit reversed five days of losses to open slightly higher against the US dollar today, despite a volatile foreign exchange market caused by the United States’ interest rate hikes and the European energy crisis, a dealer said.

KUALA LUMPUR, Sept 28 — The ringgit extended its downtrend against the US dollar at the close on Wednesday, along with other regional currencies, as the US Federal Reserve (Fed) pledged to continue with its aggressive monetary policy to fight inflation.

KUALA LUMPUR, Sept 28 — Malaysia has raised close to US$2 billion (US$1= RM4.614) via 21 sustainable and responsible investment (SRI) sukuk issuers from 2015 to 2021, according to the Securities Commission Malaysia (SC).

KUALA LUMPUR, Sept 28 — Penang recorded the highest share of total trade among the states in August from Malaysia’s total trade of RM265.7 billion in the same month, according to the Department of Statistics Malaysia (DOSM).

KUALA LUMPUR, Sept 28 – Maybank will fully migrate to a more secured authentication method via Secure2u by June 2023 for online activities or transactions relating to account opening, fund transfers, and payments as well as changes to personal information and account settings.

KUALA LUMPUR, Sept 28 — The ringgit continued to decline against the US dollar at the opening today as the dollar was supported by recent statements from the United States (US) Federal Reserve (Fed) chair Jerome Powell on taming the US’ inflation.

KUALA LUMPUR, Sept 27 — The ringgit continued to end lower against the US dollar for the fourth consecutive day on a broad strengthening of the greenback as investors sought safe-haven currencies amid rising risk factors, an analyst said.

JAKARTA, Sept 27 – The central banks of Indonesia and Malaysia on Tuesday renewed a local currency bilateral swap arrangement up to 28 trillion rupiah (US$1.85 billion), according to a joint statement.

KUALA LUMPUR, Sept 27 — Three associations representing the local banking industry are in full support of the five key measures to combat financial scams as announced by Bank Negara Malaysia (BNM).

KUALA LUMPUR, Sept 27 — Malaysia needs to continue to focus on its strong fundamentals and pursue fiscal reforms to keep the economy competitive and support the ringgit against the surging US dollar, the World Bank said.

KUALA LUMPUR, Sept 27 — Malaysia-Indonesia trade relations are robust with total trade amounting to RM95.10 billion (US$22.93 billion) in 2021, increasing by 43.5 per cent from 2020.

KUALA LUMPUR, Sept 27 — The World Bank has revised upward its gross domestic product (GDP) growth forecast for Malaysia to 6.4 per cent in 2022 against 5.5 per cent projected earlier on the back of heightened economic activity in the first half of the year (1H22).

KUALA LUMPUR, Sept 26 — The ringgit continued its downtrend against the US dollar in Monday’s closing as reduced investor risk appetite pushed the ringgit to a new 24-year low.

MOSCOW, Sept 26 – The British pound fell by almost three per cent against the US dollar on Monday morning, and hit the record minimum in early trade, according to trading data.