KUALA LUMPUR, June 15 — Top Glove Corporation Bhd has released its sustainability policy, outlining its commitments in the areas of environmental, social, governance (ESG) and traceability.

KUALA LUMPUR, June 15 — The ringgit opened flat against the US dollar today as investors opted for a wait-and-see attitude on the latest economic assessment by the US Federal Open Market Committee (FOMC) meeting, an analyst said.

KUALA LUMPUR, June 14 — There is a need for Malaysia to recognise the fact that the labour data, and a great deal of the productivity data, are actually quite misleading in order to grasp the actual economic situation, said economist Dr Jomo Kwame Sundaram.

KUALA LUMPUR, June 14 — The ringgit remained lower against the US dollar at the close today, as more investors shifted towards safe-haven assets due to growing concerns about the potential interest rate hike in the United States, a dealer said.

KUALA LUMPUR, June 14 — Economists are urging the government to consider alternative measures to ensure economic recovery.

KUALA LUMPUR, June 14 — The ringgit extended its downtrend to open lower against the stronger US dollar today on cautious sentiment over a potential interest rate hike in the US, as well as Federal Reserve's (Fed) latest quarterly forecast, a dealer said.

KUALA LUMPUR, June 13 — The ringgit extended its downtrend from last Friday to end lower against the US dollar today in line with most other regional currencies, as more investors shifted towards safe-haven assets, a dealer said.

KUALA LUMPUR, June 13 — Companies from palm oil plantations to semiconductor makers are refusing orders and forgoing billions in sales, hampered by a shortage of more than a million workers that threatens Malaysia's economic recovery.

KUALA LUMPUR, June 13 — The World Bank on Monday maintained Malaysia's economic growth forecast this year at 5.5 per cent.

KUALA LUMPUR, June 13 — The ringgit opened lower against the US dollar today as the greenback continued to strengthen on cautious sentiment ahead of the US Federal Reserve’s two-day meeting, a dealer said.

KUALA LUMPUR, June 12 — The government must take a holistic approach in executing structural reforms, including the possible reinstatement of the Goods and Services Tax (GST), that will boost the country's economic resilience as well as the ringgit in the long run, according to economists.

KUALA LUMPUR, June 11 — The ringgit is expected to trade in cautious mode against the US dollar next week, said an analyst.

KUALA LUMPUR, June 10 — The ringgit has surpassed the RM4.40-level against the US dollar at the end of a week’s trading as investors flee to safe-haven assets including the greenback amid a signal by the European Central Bank (ECB) to hike interest rates next month, said an analyst.

KUALA LUMPUR, June 10 — The government still has sufficient funds to continue to provide fuel subsidies to the people despite rising global crude oil prices.

KUALA LUMPUR, June 10 — The Industrial Production Index (IPI) increased 4.6 per cent in April 2022 compared to the same month of the previous year, steered by the manufacturing and electricity sectors, said the Department of Statistics Malaysia (DOSM).

KUALA LUMPUR, June 10 — Malaysia’s manufacturing sales grew 13.2 per cent to RM147.9 billion compared to the same month in 2021, said the Department of Statistics Malaysia (DOSM).

KUALA LUMPUR, June 10 — The ringgit opened lower against the US dollar today, nearing a 28-month low that was recorded during the first Movement Control Order (MCO) in 2020 amidst economic recovery.

KUALA LUMPUR, June 9 — The ringgit rose against the US dollar at the close on Thursday, ahead of the release of the United States’ consumer price index (US CPI) on Friday, said an analyst.

KUALA LUMPUR, June 9 — The average price of steel bars increased 20 per cent in May 2022 to RM3,910 per tonne from RM3,258 per tonne in the corresponding period last year following the increase in the prices of building materials, the Department of Statistics Malaysia (DOSM) said.

KUALA LUMPUR, June 9 — Top Glove Corp, the world's largest medical glove maker, posted a 98.6 per cent drop in quarterly profit due to weaker demand for its products and higher production costs.