KUALA LUMPUR, March 24 — The ringgit closed easier against the US dollar today as the greenback continued to regain its safe-haven currency appeal amid uncertainties surrounding the market.

KUALA LUMPUR, March 24 — Malaysia needs an underlying structural economic transformation to increase productivity growth, according to the World Bank.

KUALA LUMPUR, March 24 — Malaysia must strengthen the small and medium enterprises (SMEs) ecosystem, especially with regard to early-stage financing, said Minister in the Prime Minister's Department (Economy) Datuk Seri Mustapa Mohamed.

KUALA LUMPUR, March 24 — The ringgit opened lower against the US dollar today, as the greenback continued to strengthen amid uncertainties over energy security in Europe, an analyst said.

KUALA LUMPUR, March 23 — The retail price of RON97 petrol will be lower by 17 sen per litre, dropping from RM4 to RM3.83, while the prices of RON95 petrol and diesel will remain unchanged for the week up to March 30, the Finance Ministry said in a statement today.

KUALA LUMPUR, March 23 — The ringgit closed weaker against the US dollar today as the hawkish stance by the United States (US) Federal Reserve (Fed) boosted the greenback, taking a toll on emerging market currencies.

KUALA LUMPUR, March 23 — The ringgit rebounded to open higher versus the US dollar today, as the greenback retreated amid improvement in the equity market, an analyst said.

KUALA LUMPUR, March 22 — The ringgit fell against the US dollar at today’s close as the greenback continued strengthening after the US Federal Reserve hinted at another interest rate hike this year.

KUALA LUMPUR, March 22 — The government is still studying the suitability of implementing the Goods and Services Tax (GST) and the usage of other taxation models, said the Finance Ministry.

KUALA LUMPUR, March 22 — Non-compliance with financial management has resulted in issues of irregular payments amounting to RM1.299 billion, loss of public funds of RM11.45 million and a waste of RM8.87 million to the government in 2020.

KUALA LUMPUR, 22 March — The ringgit open marginally lower against the greenback today on worries over the United States (US) rate hike campaign to stabilise inflationary pressures, an analyst said.

KUALA LUMPUR, March 21 — The ringgit ended lower against the US dollar today as the greenback remained steady against Asian currencies amid lingering concerns over the Russia-Ukraine conflict, dealers said.

KUALA LUMPUR, March 21 — The ringgit opened lower against the US dollar on Monday despite the firmer oil prices as the Russia-Ukraine conflict caused a meteoric rise in oil and other commodity prices, said an analyst.

KUALA LUMPUR, March 19 — The ringgit is expected to trade in a tight range with a downward bias within 4.19 to 4.21 against the US dollar next week as the ongoing war in Ukraine could potentially impact market sentiments, an analyst said.

KUALA LUMPUR, March 18 — Volvo Car Malaysia Sdn Bhd has unveiled its electrification plan, announcing that it will produce its first assembled electric vehicles (EV) by manufacturing completely knocked down EV units at its facility in Shah Alam, Selangor.

KUALA LUMPUR, March 18 — The ringgit finished the week stronger against the US dollar today, supported by Malaysia's encouraging trade data and the rising oil price, an analyst said.

KUALA LUMPUR, March 18 — The Regional Comprehensive Economic Partnership (RCEP) agreement has come into force for Malaysia today, paving the way for the country to integrate into the world’s largest free trade agreement (FTA) that involves 15 countries, with a total population of more than 2.2 billion.

KUALA LUMPUR, March 18 — The ringgit opened flat versus the US dollar on Friday despite oil prices surging amidst Russian supply concerns.

KUALA LUMPUR, March 17 — The ringgit extended its gains to end higher against the US dollar on Thursday despite the interest rate hike by the US Federal Reserve, with the rising oil price providing support, an analyst said.

KUALA LUMPUR, March 17 — The ringgit further improved against the US dollar after the Federal Reserve raised interest rates for the first time since 2018 in an effort to tame inflation.