PUTRAJAYA, June 2 — The government has agreed to extend the maximum retail price of standard chicken, super chicken and chicken eggs until June 30, said Domestic Trade and Consumer Affairs Minister Datuk Seri Alexander Nanta Linggi.
KUALA LUMPUR, June 2 — Kenanga Research has retained its outlook for the manufacturing activity to remain on a recovery path as the country transitioned to the endemic phase, despite the relatively stagnant performance in May.
KUALA LUMPUR, June 2 — The ringgit continued to trend easier against the US dollar today as sentiments weakened for the local note amid higher inflation reported in the country and lower oil prices, analysts said.
KUALA LUMPUR, June 1 — The government will no longer provide subsidies to chicken breeders from July 1, said Prime Minister Datuk Seri Ismail Sabri Yaakob.
KUALA LUMPUR, June 1 — The ringgit continued its downward trend to end lower against the US dollar today amid higher inflation data, coupled with further gains on the greenback, said an analyst.
KUALA LUMPUR, June 1 — The retail price of RON97 petrol will remain at RM4.70 per litre from June 2 to June 8.
KUALA LUMPUR, June 1 — Malaysia’s inflation increased by 2.5 per cent driven by the rising food and fuel prices in 2021, the Department of Statistic Malaysia (DOSM) said.
KUALA LUMPUR, June 1 — Businesses have signalled that the Malaysian manufacturing sector saw demand conditions soften midway through the second quarter of 2022 as productive capacity was hindered by price pressures and supply shortages.
KUALA LUMPUR, June 1 — The ringgit extended its downtrend to open lower against the US dollar today on a stronger US dollar Index (DXY) as the US Treasury went up amid fears of a further acceleration of global inflation, said an analyst.
KUALA LUMPUR, May 31 — The ringgit retreated from yesterday's gain to end lower against the US dollar today on higher United States (US) Treasury yield, despite the increasing oil price, said an analyst.
Lumut, May 31 — The Ministry Of Agriculture And Agro-based Industries (Mafi) has determined the supply of chicken in the market throughout the country has since stabilised and there have been no major shortages in the past 10 days, said its minister Datuk Seri Ronald Kiandee.
PUTRAJAYA, May 31 — Job vacancies advertised online in Malaysia soared up to 159,148 in the first quarter of 2022 (Q1 2022) compared to 90,218 in the same quarter last year, according to the Department of Statistics Malaysia (DOSM).
KUALA LUMPUR, May 31 — Malaysia's Producer Price Index (PPI) for local production, which measures the costs of goods at the factory gate, continued to register double-digit growth in April 2022 at 11.0 per cent, said the Department of Statistics Malaysia (DOSM).
KUALA LUMPUR, May 31 — The ringgit opened lower against the US dollar on lack of buying support, despite a correction in the greenback index or DXY which fell further to 101.367 points after being in an overbought position for some time, an analyst said.
KUALA LUMPUR, May 30 — The ringgit ended higher against the US dollar on Monday, supported by increasing crude oil prices as China eased pandemic restrictions, coupled with a weakening greenback, said an analyst.
KUALA LUMPUR, May 30 — The ringgit opened higher against the US dollar today on renewed buying interest amid China's risk sentiment and the United States (US) economic data due out ahead of the week, said an analyst.
KUALA LUMPUR, May 28 — Foreign analysts remain optimistic about the prospects of a strong ringgit recovery in the near future, Minister of Finance Tengku Datuk Seri Zafrul Tengku Abdul Aziz said.
PETALING JAYA, May 28 — Halal Development Corporation Bhd (HDC) expects Malaysia’s halal exports this year to surpass the RM42 billion pre-pandemic level.
KUALA LUMPUR, May 28 — The ringgit is expected to trade fairly positive against the US dollar next week as the foreign exchange market is anticipated to experience some correction, said an analyst.
KUALA LUMPUR, May 27 — The ringgit recovered some of its losses against the US dollar to end the week on a firmer note although the United States Federal Reserve (Fed) will continue its interest rate hike campaign throughout the year, said an analyst.
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