KUALA LUMPUR, May 25 — The Consumer Price Index (CPI) in April 2022 increased 2.3 per cent to 125.9 compared with 123.1 in the same month of the preceding year, the Department of Statistics Malaysia (DOSM) said.

KUALA LUMPUR, May 25 — The rubber export performance for the first quarter (Q1) of 2022, witnessed latex goods accounted for 83.1 per cent of total exports of rubber products, with the gloves subsector remaining as the largest export revenue generator for the rubber industry, said Malaysian Rubber Council (MRC).

KUALA LUMPUR, May 25 — The ringgit opened marginally higher against the US dollar today on renewed buying interest amid slightly easing demand for the greenback due to softer US Treasury yields, said an analyst.

KUALA LUMPUR, May 24 — The ringgit ended the day lower against the US dollar today as the market is cautious over the uncertain global economic outlook and monetary policies.

KUALA LUMPUR, May 24 — Malaysia's economy is heading towards the right direction despite the challenging environment, especially with the expectation of a higher inflation rate, Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz said.

KUALA LUMPUR, May 24 — Malaysia Airlines Berhad (MAB) has signed a three-year agreement with Lembaga Tabung Haji (TH) to provide haj charter flights for Malaysian pilgrims.

KUALA LUMPUR, May 24 — The surge in international passenger movement at airports nationwide on the back of higher demand as borders reopen, with airlines actively resuming international flight routes, indicates a promising prospect for the aviation industry to recover faster, an economist said.

DAVOS, Switzerland, May 24 — Multiple threats to the global economy topped the worries of the world's well-heeled at the annual Davos think-fest on Monday, with some flagging the risk of a worldwide recession.

KUALA LUMPUR, May 24 — Malaysia will be among the economies that will win big from the high commodity prices and will pay less of a price on the inflation side as it exports several times of its domestic production, according to a Moody’s Analytics report.

SINGAPORE, May 24 — The Singapore dollar hit an all-time high against the Malaysian ringgit on Monday (May 23), Channel News Asia (CNA) reported.

KUALA LUMPUR, May 24 — The ringgit opened slightly lower against the US dollar today as sentiment for the greenback strengthened in tandem with positive development for the equity market in the United States, an analyst said.

GEORGE TOWN, May 23 — The establishment of 25 Startups, which is Malaysia’s first incubator specialising in Blockchain and Internet-of-Things (loT) technology, is timely to complement Penang’s strong manufacturing ecosystem.

KUALA LUMPUR, May 23 — The ringgit ended the day unchanged against the US dollar today, as market sentiment remained fragile due to the global interest rate environment.

KUALA LUMPUR, May 23 — Malaysia’s food inflation is set to stay on an upward path in the coming months amid elevated global commodity prices, domestic supply chain disruptions and depreciation of the ringgit.

KUALA LUMPUR, May 23 — The ringgit opened unchanged against the US dollar today amid the Cabinet meeting today to discuss cost of living and food supply issues, said an analyst.

KUALA LUMPUR, May 21 — The Malaysian economy's return to a stronger footing in the first quarter of 2022 (Q1 2022) with a gross domestic product (GDP) growth of 5.0 per cent and the latest economic indicators indicate that the economic recovery has begun.

KUALA LUMPUR, May 21 — The ringgit is expected to move range-bound between RM4.38 and RM4.40 against the US dollar next week as investors mull cutting their long US dollar exposure in G10 currencies due to rising worries over a possible global recession, said an analyst.

KUALA LUMPUR, May 20 — The ringgit traded more favourably against the US dollar on the last day of the week, ending on a firmer note amid improved sentiment following China’s move to cut a key interest rate to boost its economy, analysts said.

PUTRAJAYA, May 20 — Malaysia’s labour market momentum escalated in the first quarter of 2022 (Q1 2022) as both demand and supply ascended further, according to the Department of Statistics Malaysia (DOSM).

KUALA LUMPUR, May 20 — Despite economic growth rebounding in the first quarter of 2022, Malaysia is exposed to a number of downside risks in the near term, particularly with China being its largest export market, accounting for 15 per cent of total exports, S&P Global Market Intelligence highlighted.