KUALA LUMPUR, Feb 23 — The Malaysian automotive sector is expected to remain positive in 2022 with total industry volume (TIV) growth to increase 12-14 per cent year-on-year (y-o-y), as the flood-induced supply disruption in January 2022 is temporary, said MIDF Research.

KUALA LUMPUR, Feb 23 — The ringgit strengthened against the US dollar at the opening today, as geopolitical tensions between Russia and Ukraine escalate, indicating that the current situation is highly vulnerable, adding to the extent of uncertainty in the foreign exchange market and commodities market in particular.

KUALA LUMPUR, Feb 22 — Bank Negara Malaysia’s (BNM) international reserves amounted to US$115.8 billion as at Feb 15, 2022, compared with US$116.1 billion as at the end of last month.

KUALA LUMPUR, Feb 22 — The government is calling on more employers to offer salaries that exceed the existing minimum wage in the country.

KUALA LUMPUR, Feb 22 — The ringgit opened higher against the US dollar today as foreign exchange market sentiments are expected to revolve around the Russia-Ukraine conflict as the signals are getting mixed, an economist said.

KUALA LUMPUR, Feb 21 — The ringgit ended higher against the US dollar on Monday as markets continue to be affected by the conflict in Ukraine amidst mixed messaging between the United States (US) and Russia, said an analyst.

KUALA LUMPUR, Feb 21 — The Malaysia Productivity Corporation (MPC) is confident that Malaysia will be able to be in the Global Digital Competitiveness Index’s top 10 ranking in terms of digital infrastructure by 2025.

KUALA LUMPUR, Feb 19 — The ringgit is expected to trade within a tight range of between 4.18 and 4.19 against the US dollar next week.

KUALA LUMPUR, Feb 18 — The ringgit recovered from yesterday's losses to open higher against the US dollar today on steady commodity prices, said an analyst.

KUALA LUMPUR, Feb 17 — Malaysia’s labour productivity as measured by value-added per employment picked up in the fourth quarter last year by 1.7 per cent, after falling 5.6 per cent the previous quarter.

KUALA LUMPUR, Feb 17 — CTOS Digital Bhd has proposed to undertake a share placement to raise RM270 million to pay for the proposed acquisition of a 49 per cent stake Juris Technologies Sdn Bhd and an additional 2.25 per cent stake in Thailand-based Business Online Public Company Limited (BOL).

KUALA LUMPUR, Feb 16 — The ringgit ended higher against the US dollar for the second consecutive day, thanks to the easing geopolitical tension in Eastern Europe which helped to cushion the risk assets and emerging market currencies against further losses, as well as stabilise crude oil at around US$94 per barrel.

KUALA LUMPUR, Feb 16 — The retail price of RON97 petrol will increase by six sen per litre while those for RON95 and diesel will remain unchanged from February 17 to February 23.

KUALA LUMPUR, Feb 15 — The Malaysian Investment Development Authority (Mida) wants to provide opportunities for businesses to learn, evaluate and consider raising capital through public and private markets, as well as market-based financing options such as equity crowdfunding (ECF) that are registered with the Securities Commission.

KUALA LUMPUR, Feb 15 — The ringgit inched up against the US dollar on relief over the geopolitical concern, while oil prices remained lower at US$92.83 per barrel, down by 2.76 per cent.

KUALA LUMPUR, Feb 15 — The Employees Provident Fund (EPF) is expected to declare a handsome dividend payout for 2021, ranging between 5.2 per cent and 6.0 per cent, on the back of the fund’s higher gross investments and better capital market performance, economists said.

KUALA LUMPUR, Feb 14 — The ringgit was muted at the close on Monday against the US dollar on geopolitical risks, while oil prices slipped 0.15 per cent to US$92.96 per barrel.

KUALA LUMPUR, Feb 12 — The government has maintained the country's economic growth forecast for 2022 in the range of 5.5 per cent to 6.5 per cent.

KUALA LUMPUR, Feb 12 — The ringgit is expected to trade in a tight range with downside bias at between 4.18 and 4.19 against the US dollar next week.

KUALA LUMPUR, Feb 12 — An increase in the minimum wage to RM1,500 is likely to leave a price effect, that is the price of goods will increase, said Universiti Malaysia Sarawak (Unimas) Honorary Professor Datuk Dr Madeline Berma.