KUALA LUMPUR, Aug 18 — The ringgit ended at its lowest since early January 2017 against the US dollar as risk-off sentiment gathered pace after the US Federal Reserve’s July meeting minutes suggested that the trend toward higher interest rates would continue.

KUALA LUMPUR, Aug 18 — Malaysia's labour productivity as measured by value added per employment in the second quarter this year (Q2 2022) went up 5.5 per cent to record RM23,322 per person compared to RM23,124 per person in the previous quarter.

PUTRAJAYA, Aug 18 — Standard chicken will soon be sold at RM8 per kg in Kuala Lumpur from RM8.90 per kg currently, said Federal Territories Minister Datuk Seri Shahidan Kassim.

KUALA LUMPUR, Aug 18 — The ringgit eased against the US dollar today due to firmer demand for the greenback as the United States Federal Reserve (Fed) indicated the possibility of a significant interest rate adjustment to bring the rising inflation under control, analysts said.

KUALA LUMPUR, Aug 17 — The ringgit ended flat against the US dollar today amid the possibility of the US Federal Reserve (US Fed) taking a significant interest rates adjustment to bring rising inflation under control.

KUALA LUMPUR, Aug 17 — The retail price of RON97 petrol will drop by five sen from RM4.40 to RM4.35 per litre while RON95 and diesel will remain unchanged for the week from August 18 to August 24.

KUALA LUMPUR, Aug 17 — The ringgit opened slightly higher against the US dollar as demand for the greenback paused overnight following a mixed US stock market, analysts said.

KUALA LUMPUR, Aug 16 — The ringgit ended weaker on Tuesday against the US dollar as investors flock to safe-haven assets amid the prevailing interest rate concerns ahead of the release of the Federal Reserve minutes tomorrow.

KUALA LUMPUR, Aug 16 — Weakened trade patterns and persistent inflation will dampen economic growth in the second half of this year, but 2022 will maintain its general pattern of economic recovery and expansion across the Asia Pacific (Apac) region, said Moody’s Analytics today.

KUALA LUMPUR, Aug 16 — Malaysia is actively cooperating with nine countries on the development of the global halal sector, said the Ministry of International Trade and Industry (Miti).

KUALA LUMPUR, Aug 16 — The government is confident Malaysia’s economic recovery is on solid ground and on track to achieve growth of between 5.3 and 6.3 per cent this year.

BANGKOK, Aug 16 — Export and import companies in the region will have another mode of transport option when the tri-country Asean Express freight train between Malaysia, Thailand and Laos starts commercial operations in October.

KUALA LUMPUR, Aug 16 — The ringgit opened lower against the US dollar today as poor Chinese economic data weighed on emerging currencies, including the ringgit, analysts said.

PUTRAJAYA, Aug 15 — The decision to lift the current export ban on chicken and the setting of new ceiling prices for chicken and eggs will only be finalised after the relevant ministries and agencies submit detailed reports on the status of the supply and demand to the Special Task Force on Jihad Against Inflation.

KUALA LUMPUR, Aug 15 — The ringgit ended on a bearish note today amid worries over China’s economic slowdown after it cut interest rates unexpectedly on Monday as the country reported weaker-than-expected industrial production and retail sales figures.

KUALA LUMPUR, Aug 15 — Bursa Malaysia Bhd on Monday said it will launch a voluntary carbon market (VCM) by the year's end, with the aim of increasing transparency and enabling companies to buy carbon credits to offset their emissions.

KUALA LUMPUR, Aug 15 — Malaysia’s semiconductor industry, which takes up 13 per cent of global chip assembly and testing market share, is set to benefit from the United States Chips and Science Act.

KUALA LUMPUR, Aug 15 — The ringgit opened higher against the US dollar on Monday as buying interest for the local note continued, backed by the encouraging economic growth data and the easing sentiment for the US dollar due to the latest inflation data, analysts said.

KUALA LUMPUR, Aug 13 — The ringgit is expected to move in a tight range against the US dollar next week and trade between the 4.44 and 4.46 level, said a dealer.

KUALA LUMPUR, Aug 12 — The ringgit ended higher against the US dollar for the fourth consecutive day on Friday, as sentiment improved thanks to an 8.9 per cent gross domestic product (GDP) growth in the second quarter (Q2 2022), according to a dealer.