KUALA LUMPUR, June 9 — Malaysia’s wholesale and retail trade sales increased by 15.2 per cent year-on-year (y-o-y) to register RM128.0 billion in April 2022, according to the Department of Statistics Malaysia (DOSM).

KUALA LUMPUR, June 9 — The ringgit opened lower against the US dollar today on the back of a potential interest rate hike in the US, said a dealer.

KUALA LUMPUR, June 8 — The ringgit was almost flat against the US dollar at the close today as investors shifted their buying appetite towards safe-haven assets such as the greenback amid the expectation that the near-term economic outlook appears to be challenging, said an analyst.

KUALA LUMPUR, June 8 — The retail price of RON97 petrol will be higher by two sen at RM4.72 per litre, while the prices of RON95 petrol and diesel remain unchanged for the week from June 9 to June 15.

KUALA LUMPUR, June 8 — Malaysia’s monetary policy remains accommodative of the country’s economy just not at the level required during the height of the pandemic as the gradual hike in the overnight policy rate (OPR) from its historical low of 1.75 per cent to 2.0 per cent will allow the market to...

KUALA LUMPUR, June 8 — Bank Negara Malaysia’s (BNM) international reserves amounted to US$112.8 billion as of May 31, 2022.

KUALA LUMPUR, June 8 — Malaysia recorded its highest trade deficit in services which widened to RM60.7 billion against an RM47.2 billion deficit in 2020 due to lower inbound travel, the Department of Statistics Malaysia (DOSM) said.

KUALA LUMPUR, June 8 — Malaysia’s total trade recorded a new achievement in 2021, surpassing RM2 trillion and recording the fastest growth since 1994, the Department of Statistics Malaysia (DOSM) said.

KUALA LUMPUR, June 8 — The Ministry of Finance (MOF) is looking to table the Fiscal Responsibility Bill at the next Parliament session, scheduled to begin on July 18.

KUALA LUMPUR, June 8 — The ringgit inched up against the US dollar on Wednesday, albeit at a slower pace, following a global scenario of inflation and economic policy tightening.

KUALA LUMPUR, June 8 — Bursa Malaysia Bhd has urged the public to remain vigilant of phone scams as it has been made aware of a caller fraudulently representing himself as Bursa board member seeking a donation.

KUALA LUMPUR, June 7 — The ringgit ended lower against the US dollar on Tuesday as the US Federal Reserve (Fed) was set to maintain its course on monetary tightening, said an analyst.

KUALA LUMPUR, June 7 — The ringgit reversed its gains against the US dollar to open lower on Tuesday as the latter firmed up while bets for further rate interest rate hike continues.

KUALA LUMPUR, June 4 — The ringgit is expected to trade range-bound next week as investors remained cautious in the face of global inflation expectations, said an analyst.

KUALA LUMPUR, June 3 — The ringgit ended the week marginally higher against the US dollar after the greenback retreated in light of the slightly lower United States (US) Treasury yields, an analyst said.

KUALA LUMPUR, June 3 — Malaysia’s export prices in April 2022 remained steady with an increase of 1.1 per cent to 143.0 points from 141.5 points in March 2022, said the Department of Statistics Malaysia (DoSM).

KUALA LUMPUR, June 3 — The ringgit regained some strength to open higher against the US dollar as the greenback's demand weakened amid expectations of an aggressive monetary policy stance by the US Federal Reserve (Fed) in the third week this month.

KUALA LUMPUR, June 2 — Worries from the international investor community are among the temporary factors contributing to the depreciation of the ringgit at the moment, said Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz.

PUTRAJAYA, June 2 — The Ministry of Domestic Trade and Consumer Affairs (KPDNHEP) made 1,160 seizures of counterfeit goods estimated to be worth RM94.7 million from 2019 until last May.

KUALA LUMPUR, June 2 — The ringgit ended lower against the US dollar for the third consecutive day on the back of declining oil prices and a strengthening greenback, said an analyst.