MELAKA, Feb 11 — The government will continue to issue Approved Permits (AP) for local producers to import frozen whole chicken despite the subsidies given to poultry farmers, said Deputy Minister of Agriculture and Food (Mafi) Industries Datuk Seri Ahmad Hamzah.

KUALA LUMPUR Feb 11 — Malaysia's economy returned to growth in the fourth quarter last year with the central bank expecting the recovery to continue this year despite risks of further disruptions caused by the Covid-19 pandemic.

KUALA LUMPUR, Feb 11 — The ringgit ended lower against the US dollar today as the greenback strengthened further following the release of US consumer price index (CPI) data, dealers said.

KUALA LUMPUR, Feb 11 — Malaysia’s economic activities had improved in 2021, leading to a gradual decline in the unemployment rate, but the country is still not out of the woods yet, said Bank Islam Malaysia Bhd chief economist Mohd Afzanizam Abdul Rashid.

GEORGE TOWN, Feb 11 — The growing momentum of gross domestic product (GDP) and foreign direct investment (FDI) registered in 2021 are pointing towards an economic recovery year for Malaysia this year.

KUALA LUMPUR, Feb 11 — Bank Negara Malaysia (BNM) has stressed the need to look into housing issues, including dealing with the acute supply and demand mismatch in the housing market as well as improving the transparency of home prices.

KUALA LUMPUR, Feb 11 (Bernama) -- The decision to extend the application period for the Financial Management and Resilience Programme (URUS) until March 31, 2022, was made after taking into account the flood impact on many households and businesses, said Bank Negara Malaysia (BNM) governor Tan Sri Nor Shamsiah Mohd Yunus.

KUALA LUMPUR, Feb 11 — Malaysia's economy rebounded 3.6 per cent in the fourth quarter of 2021 (Q4 2021), driven by higher external demand, according to the Department of Statistics (DOSM).

KUALA LUMPUR, Feb 11 — The ringgit opened lower against the US dollar today as negative sentiment clouded demand for the local currency, an analyst said.

KUALA LUMPUR, Feb 10 — The ringgit ended flat against the US dollar today, trading in a cautious mode ahead of the release of global and domestic economic data which would set the tone for market direction, dealers said.

KUALA LUMPUR, Feb 10 — All states in Malaysia, with the exception of Kelantan and Labuan, recorded stronger exports in December 2021, led by Penang with exports worth RM42 billion.

KUALA LUMPUR, Feb 10 — MIDF Research has forecast gross domestic product (GDP) to grow at 5.6 per cent year-on-year (y-o-y) for the fourth quarter (Q4) of 2021.

KUALA LUMPUR, Feb 10 — Bank Negara Malaysia’s (BNM) international reserves stood at US$116.1 billion as of January 31, 2022, slightly lower than the US$116.2 billion recorded as of the middle of the month.

KUALA LUMPUR, Feb 10 — Malaysia’s economy is projected to grow by 3.1 per cent year-on-year for the fourth quarter of 2021, a rebound from the 4.5 per cent decline during the September quarter following the Movement Control Order 3.0 implemented in late June last year.

KUALA LUMPUR, Feb 9 — The ringgit ended slightly higher against the US dollar today due to buying interest in line with the equities market’s positive performance, although the greenback remained firm ahead of the United States’ (US) inflation data later this week, dealers said.

KUALA LUMPUR, Feb 9 — Malaysia’s wholesale and retail trade recorded the highest monthly sales value amounting to RM120.5 billion in December, with annual sales recording a four per cent growth to reach RM1.3 trillion in 2021 compared with the preceding year, according to the Department of Statistics Malaysia (DOSM).

KUALA LUMPUR, Feb 8 — The ringgit ended flat against the US dollar today, moving in a tight range supported by positive domestic economic data as the greenback remained firm ahead of the United States (US) inflation data this week.

KUALA LUMPUR, Feb 8 — Purchasing a property based on the buyer personal needs and financial ability and not from other people’s opinions are the fundamental rule in investing in property, the Malaysia Institute of Estate Agents (MIEA) said.

KUALA LUMPUR, Feb 8 — The Industrial Production Index (IPI) increased 5.8 per cent in December 2021 as compared to the same month of the previous year, the Department of Statistics Malaysia (DOSM) said.

KUALA LUMPUR, Feb 8 — Malaysia’s manufacturing sales grew 15.5 per cent year-on-year (y-o-y) to RM143.9 billion in December 2021, according to the Department of Statistics Malaysia (DOSM).