KUALA LUMPUR, March 8 — The shortage of manpower due to the impact of the Covid-19 pandemic has caused the plantation sector to lose up to RM20 billion last year, said Human Resources Minister Datuk Seri M.
KUALA LUMPUR, March 7 — Bank Negara Malaysia’s (BNM) international reserves remained at US$115.8 billion as at February 28, 2022 as compared to February 15 last month.
KUALA LUMPUR, March 7 — Malaysia’s outlook is tentatively optimistic as the domestic economy has largely reopened and restrictions are unlikely to be reinstated despite the Omicron wave, Moody’s Analytics said.
KUALA LUMPUR, March 7 — The ringgit opened slightly lower against the US dollar today on lack of buying interest.
KUALA LUMPUR, March 5 — AirAsia Malaysia will be reintroducing fuel surcharges beginning March 8, 2022, to all its domestic and international flights to offset escalating jet fuel prices that had exceeded US$120 (RM501.36) per barrel.
KUALA LUMPUR, March 5 — The ringgit is expected to continue its uptrend amid cautious sentiment due to global geopolitical tensions, trading between RM4.17 and RM4.18 against the US dollar next week, said an economist.
KUALA LUMPUR, March 4 — The ringgit continued to strengthen against the US dollar today, boosted by emerging buying demand and the continued rally in crude oil prices, a dealer said.
KUALA LUMPUR, March 4 — AirAsia believes strong demand from travellers will help the budget airline cope with the adverse impact of the Russia - Ukraine conflict.
KUALA LUMPUR, March 4 — Malaysia's export unit index remained positive for the fourth consecutive months since October 2021, growing 1.3 per cent in January 2022 compared with the previous month, the Department of Statistics Malaysia (DOSM) said.
KUALA LUMPUR, March 3 — The ringgit rebounded from yesterday's losses to end marginally higher against the US dollar today, boosted by buying demand and continued rally in crude oil prices, a dealer said.
KUALA LUMPUR, March 3 — Bank Negara Malaysia (BNM) has maintained the Overnight Policy Rate (OPR) at 1.75 per cent at its second Monetary Policy Committee (MPC) meeting of the year.
KUALA LUMPUR, March 3 — The ringgit rebounded against the US dollar this morning, buoyed by buying interest and supported by the firmer oil prices, analysts said.
KUALA LUMPUR, March 2 — The Employees Provident Fund's (EPF) stellar performance in 2021 is in line with improved global and domestic economic conditions, which further reinforced its reputation as a well-managed pension fund management institution, said economists.
KUALA LUMPUR, March 2 — The ringgit retreated today after making gains yesterday to end lower against the US dollar, due to weaker demand, amid the ongoing Russia-Ukraine conflict and higher oil prices, a dealer said.
KUALA LUMPUR, March 2 — The Employees Provident Fund (EPF) intends to increase investment in various domestic asset classes in 2022 in line with the reopening of economies and businesses in the country.
KUALA LUMPUR, March 2 — The Employees Provident Fund (EPF) has declared a 6.10 per cent dividend for conventional savings for 2021 with a total payout of RM50.45 billion, surpassing the 5.45 per cent dividend declared during the pre-pandemic year of 2019.
KUALA LUMPUR, March 2 — National oil and gas corporation Petronas said on Tuesday geopolitical risks were set to result in another volatile year for the industry, after reporting a swing to profit in the fourth quarter.
KUALA LUMPUR, March 2 — The ringgit retreated from two consecutive days of gains to open lower against the US dollar on Wednesday, due to subdued demand as well as the rising geopolitical tensions, dealers said.
KUALA LUMPUR, March 2 — The International Air Transport Association (IATA) expects overall traveller numbers to reach 4.0 billion in 2024 (counting multi-sector connecting trips as one passenger), exceeding pre-Covid-19 levels at 103 per cent of the 2019 total.
KUALA LUMPUR, March 1 — The ringgit extended yesterday’s gains to end higher against the US dollar today, boosted by steady oil prices resulting from the ongoing Russia-Ukraine conflict, a dealer said.
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