KUALA LUMPUR, Dec 6 — Malaysia is on track to achieve the targeted gross domestic product (GDP) growth of three to four per cent this year despite the emergence of the Covid-19 Omicron variant, said Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz.

Naypyitaw, Dec 6 — Myanmar's deposed leader Aung San Suu Kyi was sentenced to four years in prison on charges of incitement and breaching coronavirus restrictions, a source familiar with the proceedings said, in a case her supporters say was politically motivated.

KUALA LUMPUR, Dec 6 — Despite the decline in its relative contribution to the Malaysian economy and trade over the years, the agriculture sector remains significant, especially as a major supplier of food as well as raw materials for resource-based industries, according to the Department of Statistics Malaysia.

KUALA LUMPUR, Dec 6 — The ringgit weakened against the US dollar at the opening today as investors’ expectations on the Federal Reserve rate hike remained intact and lent some support for the dollar, said an analyst.

KUALA LUMPUR, Dec 3 — Malaysia’s digital economy growth is gaining traction with e-commerce income rising close to US$190 billion (RM803.8 billion) an increase of 23 per cent, for the first nine months of this year (9M 2021), compared to the same period last year.

KUALA LUMPUR, Dec 3 — The ringgit rebounded from yesterday's loss to close slightly higher against the US dollar on Friday as some investors bought the cheaper ringgit, despite concerns over the global economic recovery due to the Omicron coronavirus scare, dealers said.

KUALA LUMPUR, Dec 3 — Malaysia attained a good performance for the Sustainable Development Goals (SDGs) in 2020 with 49 indicators (34 per cent) recording positive achievements, the Department of Statistics Malaysia (DoSM) said.

KUALA LUMPUR, Dec 3 — Malaysia’s monthly export and import unit value indices for September 2021 recorded positive growths of 1.4 per cent and 0.6 per cent, respectively, the Department of Statistics Malaysia (DOSM) said.

KUALA LUMPUR, Dec 2 — Members of Parliament from the opposition bloc have called for the motion on rising prices of goods brought by Datuk Seri Salahuddin Ayub (PH-Pulai) to be debated in a Dewan Rakyat and not to be discussed in a limited space such as a Special Chamber.

KUALA LUMPUR, Dec 2 — The ringgit extended its losses yesterday to close lower against the US dollar on Thursday as investors turned to the safe haven currency following concerns over the global economic outlook due to the Omicron scare, dealers said.

KUALA LUMPUR, Dec 2 — The Ministry of Domestic Trade and Consumer Affairs (KPDNHEP) will be fixing the maximum price of chicken at the wholesale level in a few days’ time before setting the price at the retail level.

KUALA LUMPUR, Dec 2 — The Domestic Trade and Consumer Affairs (KPDNHEP) Minister, Datuk Seri Alexander Nanta Linggi said the ministry has a month to find a complete and comprehensive solution to the price hikes of goods and food.

KUALA LUMPUR, Dec 2 — The Department of Statistics Malaysia (DOSM) has launched the Malaysia Economic Recovery Dashboard (MERD), a platform that serves as a quick overview of the country’s economic situation.

TOKYO, Dec 2 — Oil prices rose on Thursday, recouping the previous day's losses, as investors adjusted positions ahead of an OPEC+ decision over supply policy, but gains were capped amid fears the Omicron coronavirus variant will hurt fuel demand.

KUALA LUMPUR, Dec 1 — Trust has become more critical in business in times of crisis, said PwC Malaysia.

KUALA LUMPUR, Dec 1 — The ringgit closed lower against the US dollar on Wednesday as investors returned to safe haven on renewed concerns over the global economic outlook due to a development on the Covid-19 pandemic, dealers said.

KUALA LUMPUR, Dec 1 — The Producer Price Index (PPI) for local production surged 13.2 per cent year-on-year (y-o-y) in October 2021 to hit a new record high, mainly due to higher commodity prices, said the Department of Statistics Malaysia.

KUALA LUMPUR, Dec 1 — Should the Omicron variant lead to a resurgence of Covid-19 infections, the hardest-hit economies will be those with lower vaccination rates, higher dependence on tourism and lower capacity to offer additional fiscal and monetary policy support to offset the variant’s impact on growth.

KUALA LUMPUR, Nov 30 — The ringgit settled higher against the US dollar on Tuesday, rebounding after 10 straight trading days of loss, lifted by renewed demand as investors were optimistic about the global economic outlook.

KUALA LUMPUR, Nov 30 — Net financing growth increased slightly to 4.0 per cent in October from 3.9 per cent in September, reflecting higher growth in outstanding loans, amid moderation in outstanding corporate bond growth, said Bank Negara Malaysia (BNM) today.