KUALA BERANG, June 26 — The new maximum price for chicken, which will be announced tomorrow, takes into account the interests of consumers and traders, said Domestic Trade and Consumer Affairs Deputy Minister Datuk Rosol Wahid.

KUALA LUMPUR, June 25 — The projected consumption subsidy expenditure of RM77.3 billion so far for 2022 is the highest subsidy in history ever borne by any government, said the Finance Ministry.

KUALA LUMPUR, June 25 — The ringgit is expected to appreciate slightly while moving in a tight range at around 4.40 against the greenback next week on mixed market sentiments, said an economist.

KUALA LUMPUR, June 24 — The ringgit extended yesterday's gains to end the week higher against the US dollar today on better demand for the local currency, boosted by steady oil prices, said an analyst.

BANGI, June 24 — Micro-targeted assistance is the best method to implement as it would meet the needs of the people and help reduce the total of subsidies borne by the government, economist Prof Tan Sri Dr Noor Azlan Ghazali said.

KUALA LUMPUR, June 24 — Petroliam Nasional Bhd (Petronas) has maintained its position as the world’s strongest oil and gas (O&G) brand for the third consecutive year, according to the Brand Finance 2022 annual report on the most valuable and strongest O&G brands.

KUALA LUMPUR, June 24 — Malaysia’s Consumer Price Index (CPI) increased 2.8 per cent year-on-year to 126.6 in May 2022 from 123.1 in May 2021, according to the Department of Statistics Malaysia (DOSM).

KUALA LUMPUR, June 24 — Malaysian food and beverages (F&B) companies recorded US$2.31 million (US$1=RM4.40) in total sales during the recent Asean Trade Fair 2022 organised by Asean-Korea Centre, held in conjunction with Seoul Food and Hotel 2022 in Seoul, South Korea.

KUALA LUMPUR, June 24 — The ringgit opened marginally higher against the US dollar today, ahead of Malaysia's consumer price index (CPI) report for May 2022, scheduled to be released by the Department of Statistics (DoSM) today, said an analyst.

KUALA LUMPUR, June 23 — The ringgit rebounded from yesterday's losses to close slightly better today after the greenback retreated in light of a slightly lower United States (US) Treasury yields, an analyst said.

KUALA LUMPUR, June 23 — Efforts are being made to amend the Competition Act 2010 to make the country’s competition laws more comprehensive and bring them in line with international practices, said Datuk Seri Ismail Sabri Yaakob.

KUALA LUMPUR, June 23 — Malaysia’s economic recovery is in a better direction, as the performance of the Leading Index (LI) for April 2022 eased to a better negative of 0.5 per cent from a negative 1.4 per cent in March 2022, said the Department of Statistics Malaysia (DOSM).

KUALA LUMPUR, June 22 — Bank Negara Malaysia’s (BNM) international reserves amounted to US$109.2 billion as at June 15, 2022.

PUTRAJAYA, June 22 — Industry players in Malaysia spent RM2.97 billion on environmental protection expenditure in 2020, according to the Survey of Environmental Protection Expenditure 2021.

PUTRAJAYA, June 22 — The 2022 Ramadan and Aidilfitri bazaars recorded a sales value of RM2.4 billion and created 156,361 employment opportunities, said the Department of Statistics Malaysia (DOSM).

KUALA LUMPUR, June 22 — Maybank Investment Bank Bhd (Maybank IB) foresees unnecessary issues over the next nine months in the automotive sector with a rise in speculative bookings until end-Jun 2022 followed with cancellations until end-Mar 2023.

KUALA LUMPUR, June 22 — The economy of the Asia-Pacific (APAC) region continues to show resilience in the face of inflation caused by sanctions on Russia, goods and commodities shortages after the invasion of Ukraine, as well as local shutdowns in China due to the republic’s zero-Covid policy.

KUALA LUMPUR, June 22 — The ringgit retracted from yesterday's gains to open lower against the US dollar this morning, as investors continue to seek shelter in the safe-haven currency, a dealer said.

PUTRAJAYA, June 21 — Ceiling price control for chicken, chicken eggs and subsidies for palm cooking oil in bottles of two, three and five kg will not be continued from July 1, said Domestic Trade and Consumer Affairs (KPDNHEP) Minister Datuk Seri Alexander Nanta Linggi today.

KUALA LUMPUR, June 21 — The ringgit continued its uptrend against the US dollar at the close for the fifth straight trading day today, supported by buying demand and the continued rally in crude oil prices, said an analyst.