KUALA LUMPUR, Aug 12 — The ringgit has remained relatively stable against Malaysia's major trading partners' currencies, despite facing a stronger US dollar environment, said Bank Negara Malaysia (BNM) governor Tan Sri Nor Shamsiah Mohd Yunus.

KUALA LUMPUR, Aug 12 — Core inflation is projected to be closer to the upper end of the 2.0 to 3.0 per cent range in 2022, as demand continues to improve amid the high-cost environment, said Bank Negara Malaysia (BNM) Governor Tan Sri Nor Shamsiah Mohd Yunus.

KUALA LUMPUR, Aug 12 — The Malaysian economy is expected to grow between 5.3 per cent and 6.3 per cent in 2022, given its strength in the first half of 2022 which grew by 6.9 per cent, despite the expected slower global economic growth this year, said Bank Negara Malaysia (BNM) governor Tan Sri Nor Shamsiah Mohd Yunus.

KUALA LUMPUR, Aug 12 — The foreign direct investment (FDI) position in Malaysia expanded by RM24.1 billion to record RM836.2 billion, as of the end of the second quarter of 2022 (Q2) compared with RM812.1 billion in the first quarter of this year (Q1).

KUALA LUMPUR, Aug 12 — Malaysia’s current account balance recorded a surplus of RM4.4 billion in the second quarter of 2022 (Q2) versus RM3.0 billion in the previous quarter, primarily driven by the net exports of goods account, the Department of Statistics Malaysia (DOSM) said.

KUALA LUMPUR, Aug 12 — Malaysia’s economy posted a sterling growth of 8.9 pct in the second quarter (Q2) of 2022 as domestic demand continued to strengthen, underpinned by the steady recovery in labour market conditions and ongoing policy support.

KUALA LUMPUR, Aug 12 — The ringgit opened easier against the US dollar on Friday due to mixed sentiments and falling crude oil prices, said an analyst.

KUALA LUMPUR, Aug 11 — The ringgit ended higher against the US dollar for the third day in a row as the risk-on appetite in markets was encouraged by the lower-than-expected US Consumer Price Index (CPI) data, while the recent jump in Malaysia’s Industrial Production Index boosted market optimism.

SERDANG, Aug 11 — The Veterinary Services Department (JPV) and the Department of Statistics Malaysia (DOSM) have been tasked with collecting data related to chicken supply to ensure food safety control is managed in an orderly manner, said Special Task Force on Jihad Against Inflation chairman Tan Sri Annuar Musa.

KUALA LUMPUR, Aug 11 — Malaysia’s wholesale and retail trade registered a sturdy growth year-on-year (y-o-y) of 44 per cent to RM132.8 billion in June 2022 with a huge surge in motor vehicles sales, the Department of Statistics Malaysia (DOSM) said.

KUALA LUMPUR, Aug 11 — Revenue for Malaysia’s services sector grew 25.2 per cent year-on-year (y-o-y) to RM506.5 billion in the second quarter of 2022 (Q2 2022), the Department of Statistics Malaysia (DOSM) said.

KUALA LUMPUR, Aug 11 — Malaysia’s wholesale and retail trade volume registered a growth of 19.3 per cent year-on-year (y-o-y) to 142.2 points in the second quarter of 2022 (Q2 2022), according to the Department of Statistics Malaysia (DOSM).

KUALA LUMPUR, Aug 11 — The ringgit opens higher against the US dollar on Thursday, buoyed by rising buying interest despite the falling crude oil price, said an analyst.

KUALA LUMPUR, Aug 10 — The retail price of RON97 petrol will drop by 10 sen from RM4.50 to RM4.40 per litre while RON95 and diesel will remain unchanged for the week from August 11 to August 17.

KUALA LUMPUR, Aug 10 — The ringgit ended marginally higher against the US dollar amid mixed market sentiments.

KUALA LUMPUR, Aug 10 — Malaysia’s natural rubber (NR) production increased by 48.9 per cent to 31,369 tonnes in June 2022 compared with 21,073 tonnes in May, said the Department of Statistics Malaysia (DOSM).

PUTRAJAYA, Aug 10 — Malaysia's labour market saw an increase of 3.2 per cent in jobs or 267,000 jobs in the second quarter of 2022, to a record 8.619 million during the period from 8.352 million in the same period last year.

KUALA LUMPUR, Aug 10 — The Building Materials Cost Index (BCI), without steel bars and with steel bars, for all building categories in Malaysia, increased between 0.3 and 24.4 per cent in July 2022 compared to a year ago, said the Department of Statistics Malaysia (DOSM).

KUALA LUMPUR, Aug 10 — Kenanga Investment Bank Bhd has maintained its outlook on the unemployment rate, which is expected to continue declining in the coming months, underpinned by strong post-pandemic recovery as the nation shifts to endemicity.

KUALA LUMPUR, Aug 10 — The ringgit opened easier against the US dollar this morning amidst mixed sentiments, coupled with the falling crude oil price, said an analyst.