SEPANG, May 6 — Driven by the desire to venture into a different field, Zain ‘Aliuddin Zain Alabiddin finally decided to leave his career as a design engineer to go into the field of broiler rabbit farming to produce his signature dish, rendang arnab (rabbit).

KUALA LUMPUR, May 6 — The ringgit was broadly lower against the US dollar in the early session today as risk-off sentiment would continue to dominate the local note direction.

KUALA LUMPUR, May 5 — The ringgit closed higher against the greenback today after the US Federal Reserve said it would not actively consider 75-basis-point moves in the future.

KUALA LUMPUR, May 5 — Despite the fast growth pace of the e-commerce industry which saw the emergence of various local and international online shopping platforms during the Covid-19 pandemic, physical malls are still extremely relevant among Malaysians.

KUALA LUMPUR, May 5 — The ringgit is sharply higher against the US dollar in the early session today amid a significant increase in the US Federal Fund Rate (FFR) of 50 basis points.

KUALA LUMPUR, May 4 — The retail prices of diesel, RON95 and RON97 petrol will remain unchanged at RM2.15, RM2.05 and RM3.94 per litre respectively from tomorrow (May 5) to May 11.

KUALA LUMPUR, April 30 — After two weeks of prolonged volatility, the ringgit is expected to stabilise next week due to prospects of a sharper interest rate hikes by the US Federal Reserve.

KUALA LUMPUR, April 30 — Five consortia namely Boost Holdings Bhd-RHB Bank Bhd, GXS Bank Pte Ltd-Kuok Brothers Sdn Bhd, Sea Ltd-YTL Digital Capital Sdn Bhd, AEON Financial Service Co Ltd-AEON Credit Service (M) Bhd-MoneyLion Inc and KAF Investment Bank Sdn Bhd win Malaysia’s digital bank licences.

KUALA LUMPUR, April 29 — The ringgit recovered some ground to end on a positive note on Friday as analysts believe the 50-basis-point hike in the Fed Fund Rates has been well priced in by the market.

KUALA LUMPUR, April 29 — Malaysia's export and import unit value indices recorded steady month-on-month (m-o-m) growth of 4.7 per cent and 2.3 per cent respectively in March 2022, leading the country's terms of trade to increase by 2.3 per cent m-o-m to 112.5 points, said the Department of Statistics Malaysia (DOSM).

KUALA LUMPUR, April 28 — The ringgit ended lower on Thursday as investors continued to move funds to safe havens on prolonged volatility amid more hawkish central banks following rising inflation.

JOHOR BAHRU, April 28 — Eighteen complaints on the sale of subsidised RON95 petrol to foreign-registered vehicles were received by the Ministry of Domestic Trade and Consumer Affairs (KPDNHEP) from January 1 until yesterday.

KUALA LUMPUR, April 28 — The Indonesian government’s strict measure of banning all palm oil exports would likely cause Indonesian plantation players to suffer, while pure upstream players, as well as those with downstream capacities in Malaysia, would emerge, winners, according to investment analysts.

KUALA LUMPUR, April 28 — The ringgit opened slightly lower against the US dollar today amid stronger demand for the greenback, said an analyst.

NEW DELHI, April 28 — Air India plans to acquire budget carrier AirAsia India as their owner Tata Group wants to consolidate its airline business, Indian media reported on Wednesday.

KUALA LUMPUR, April 28 — The proposed merger between Celcom Axiata Bhd and Digi.com Bhd to form a new entity known as MergeCo is expected to be completed in the second half of 2022, said Axiata Group Bhd.

KUALA LUMPUR, April 27 — The retail price of RON97 petrol will increase by 13 sen from RM3.81 to RM3.94 per litre for the week beginning April 28 to May 4.

KUALA LUMPUR, April 27 — The ringgit ended on a bearish note again as the demand for the safe-haven US dollar continues to dominate amid anxiety over the outcome of the Federal Open Market Committee meeting and mounting fears over China’s growth risks.

PUTRAJAYA, April 27 — Malaysia's labour force indicated a gradual recovery in 2021 with a better situation anticipated in 2022, said Chief Statistician Datuk Seri Mohd Uzir Mahidin.

KUALA LUMPUR, April 27 — The economic indicators for the first three months of 2022 stipulate Malaysia’s positive economic outlook in the near future with high mobility foreseen following the opening of international borders, the Department of Statistics Malaysia (DOSM) said.