KUALA LUMPUR, Aug 30 — The banking system recorded RM129.6 billion in excess capital buffers as of end-July 2022, said Bank Negara Malaysia (BNM).

LANGKAWI, Aug 30 — The 28th International Input-Output Association (IIOA) Conference greatly benefits the country in the development of a sustainable economy, said the Malaysian Input-Output Economics Association president, associate professor Mohd Yusof Saari.

KUALA LUMPUR, Aug 30 — The Malaysian economy remained intact, shaped by the convincing performance of its gross domestic product (GDP), exports and imports, employment, as well as commodities data, mainly by the crude palm oil sector.

KUALA LUMPUR, Aug 30 — Malaysia’s official reserve assets amounted to US$109.18 billion (US$1=RM4.48) as of end-July 2022, in accordance with the International Monetary Fund’s Special Data Dissemination Standard (IMF SDDS) format.

KUALA LUMPUR, Aug 30 — The ringgit rebounded to open marginally higher against the US dollar today on renewed buying interest despite the continuous strengthening of the greenback, said a dealer.

KUALA LUMPUR, Aug 29 — The ceiling price of RM9.40 per kilogramme for local whole fresh chicken will not be raised after August 31 while the three sen subsidy for eggs will remain, said Task Force on Jihad Against Inflation chairman Tan Sri Annuar Musa.

KUALA LUMPUR, Aug 29 — The ringgit fell back to its lowest level since January 2017 against the US dollar as the greenback rallied to hit a 20-year high against major currencies after US Federal Reserve (Fed) Chair Jerome Powell emphasised that higher interest rates will likely continue for some time.

KUALA LUMPUR, Aug 29 — Malaysia’s Producer Price Index (PPI) for local production, which measures the costs of goods at the factory gate, eased to 7.6 per cent year-on-year (y-o-y) in July 2022 from 10.9 per cent y-o-y in June 2022, said the Department of Statistics Malaysia (DOSM).

KUALA LUMPUR, Aug 29 — Malaysia’s Consumer Price Index (CPI) increased by 4.4 per cent year-on-year (y-o-y) to 127.9 in July 2022 compared to 122.5 in the same month of the preceding year.

KUALA LUMPUR, Aug 29 — The ringgit opened lower against the US dollar on Monday due to the lack of buying interest, said a dealer.

PUTRAJAYA, Aug 28 — The government has agreed to continue with the ceiling price for standard chicken at RM9.40 per kg, said Domestic Trade and Consumer Affairs Minister Datuk Seri Alexander Nanta Linggi.

KUALA LUMPUR, Aug 28 — Malaysia has been ranked as the world's third most competitive Global Business Services (GBS) location, behind India and China, according to an index by global consulting firm Kearney.

REUTERS, Aug 27 — Budget carrier AirAsia plans to resume deliveries of 362 Airbus SE A321neos remaining on order starting in 2024, the chief executive of parent Capital A Bhd said, having postponed the arrivals during the pandemic.

KUALA LUMPUR, Aug 27 — The ringgit is expected to trade on an upward bias against the US dollar next week due to apprehension towards the decision to further hike interest rates by the Federal Reserve (Fed), said an analyst.

By Nasuha Badrul Huzaini SHAH ALAM, Aug 27 — The First Selangor Plan (RS-1) gives the state government a clear direction for where it wants to take its economy, says Senior Fellow and Director of the Economic Studies Programme (Southeast Asia) at the Jeffrey Cheah Institute, Sunway University,...

KUALA LUMPUR, Aug 26 — The ringgit extended yesterday's gains to end the week higher against the US dollar today, boosted by a rally in the oil market which lifted benchmark Brent crude above the US$100 level again.

KUALA LUMPUR, Aug 26 — The Department of Statistics Malaysia (DOSM) said Selangor, Penang, Johor, Sarawak and the Federal Territory of Kuala Lumpur remained the top five exporting states in July 2022.

KUALA LUMPUR, Aug 26 — Malaysia's leading index (LI) rebounded 5.3 per cent year-on-year (y-o-y) to 111.7 points in June 2022 after a rise of 2.3 per cent in May 2022 to 111.3 points, signalling confidence towards further economic growth.

KUALA LUMPUR, Aug 26 — The ringgit eased against the US dollar in the early session today due to the lack of catalysts, said a dealer.

KUALA LUMPUR, Aug 26 — The US Federal Reserve (Fed) still has more room to manoeuvre its monetary policy to fight inflation pressure, Synergy Link Capital Pte partner and director Andy Tan said.