KUALA TERENGGANU, May 27 — The average food stall trader in the city, whose main menu is based on chicken, continues to operate even though supply is relatively difficult to obtain and wholesale prices have gone up slightly in recent days.

KUALA LUMPUR, May 27 — Exports of articles of apparel and clothing accessories rose 18.5 per cent year-on-year to RM499.9 million, the Department of Statistics Malaysia (DoSM) said.

KUALA LUMPUR, May 27 — Malaysia is optimistic that the economic recovery will continue to be resilient in the third quarter of 2022 (Q3 2022), notwithstanding external risks and downward pressure after favourable performance was seen in Q1 2022, according to the Department of Statistics Malaysia (DOSM).

KUALA LUMPUR, May 27 — Malaysia’s total trade for April 2022 jumped 21.3 per cent year-on-year (y-o-y) to RM231.4 billion, with exports of RM127.5 billion (+20.7 per cent y-o-y) and imports worth RM103.9 billion (+22.0 per cent y-o-y), according to the Department of Statistics Malaysia (DOSM).

KUALA LUMPUR, May 27 — Malaysia needs to promote domestic direct investments (DDIs) as aggressively as foreign direct investments (FDIs), as both are equally important in supporting the nation’s economic growth, said Minister in the Prime Minister’s Department (Economy) Datuk Seri Mustapa Mohamed.

KUALA LUMPUR, May 27 — The ringgit opened marginally higher against the US dollar today following the positive development in Shanghai, ahead of the reopening of China’s economy, an analyst said.

KUALA LUMPUR, May 26 — Malaysia is expected to fork out higher total subsidies in 2022 to the tune of RM71 billion, while petrol subsidies alone will touch RM30 billion amid the rise in crude oil prices.

KUALA LUMPUR, May 26 — There is no need for panic buying since the supply of raw chicken is still available and can be easily obtained in the open market even though stock is limited.

KUALA LUMPUR, May 26 — The ringgit ended slightly weaker against the US dollar today as the greenback strengthened amid continuing debate on whether China’s new stimulus package alone would be able to dig the country out of a lockdown-induced economic hole, said an analyst.

KOTA KINABALU, May 26 — The temporary ban on the export of whole chickens is to meet the domestic supply which has declined in the country, says Agriculture and Food Industries Minister, Datuk Seri Ronald Kiandee.

KUALA LUMPUR, May 26 — Malayan Banking Bhd's (Maybank) net profit declined 14.5 per cent to RM2.04 billion in the first quarter ended March 31, 2022 (Q1 FY2022) due to the impact of geopolitical tensions and market volatility.

KUALA LUMPUR, May 26 — Businesses remain positive about their prospects for the second quarter (Q2) of 2022 as well as for the six-month period to September 2022, according to the Department of Statistics Malaysia's (DOSM) latest business tendency statistics.

KUALA LUMPUR, May 26 — Malaysian halal players should seize business opportunities in the Netherlands where the halal sector is booming, said Malaysia External Trade Development Corporation (Matrade) trade commissioner Emeliana Zainol.

KUALA LUMPUR, May 26 — The ringgit opened marginally higher against the US dollar today in the absence of hawkish surprises from the United States (US) Federal Open Market Committee (FOMC) meeting minutes.

JOHOR BAHRU, May 25 — The country’s tourism industry needs new products, especially premium products, to attract more quality tourists, as the industry has been expanding after two years of the Covid-19 pandemic.

KUALA LUMPUR, May 25 — FGV Holdings Bhd (FGV) expects to produce 75,000 tonnes of animal feed this year, up from 40,000 tonnes produced last year, to cater for the increasing demand for meat such as cow, goat, rabbit and chicken.

KUALA LUMPUR, May 25 — Malaysia is on track to continue leading the growth of Islamic banking in Southeast Asia, said S&P Global Ratings.

KUALA LUMPUR, May 25 — The ringgit closed slightly higher against the US dollar today despite growing concerns that China's latest policy measure would be ineffective at stimulating the economy, said an analyst.

MOSCOW, May 25 — Indian authorities are introducing regulation of sugar export during harvest season to secure domestic availability and stable prices, limiting export to 10 million tons, reported Sputnik.

KUALA LUMPUR, May 25 — Malaysia's economic recovery will continue to be resilient, as the Leading Index (LI) level continues to show an upward trend, rising to 111.3 points in March 2022 from 110.9 points in February 2022, said the Statistics Department (DOSM).