KUALA LUMPUR, Oct 6 — The ringgit further slipped against the US dollar at the close today as concern rose over higher global inflation rate following elevated levels of commodity prices, which appeared to have lent support for the greenback, an analyst said.

KUALA LUMPUR, Oct 4 --  The ringgit ended higher against the US dollar today, supported by improved sentiment towards the local currency and a correction in the greenback, an analyst said.

KUALA LUMPUR, Oct 4 — The ringgit has extended its gains against the US dollar from last week to open firmer today, backed by brighter economic prospects for the last quarter of the year.

KUALA LUMPUR, Oct 3 — MIDF Amanah Investment Bank Bhd’s research arm (MIDF Research) believes that no new taxes would be introduced in Budget 2022 due to the lingering Covid-19 pandemic.

KUALA LUMPUR, Sept 30 — Malaysia's economy is gearing up as more states are moving into the next phase of the National Recovery Plan (NRP), said the Department of Statistics Malaysia (DOSM).

KUALA LUMPUR, Sept 30 — Malaysia’s Producer Price Index (PPI) for local production increased 11.3 per cent year-on-year (y-o-y) in August 2021, compared with a negative 2.8 per cent in the same month in 2020, mainly due to a surge in the mining index (51.8 per cent).

KUALA LUMPUR, Sept 25 — The Small and Medium Enterprises Association (Samenta) has called on the government to reopen the business events sector as soon as possible to help small and medium enterprises (SMEs) recover.

KUALA LUMPUR, Sept 25 — The ringgit is expected to trade higher next week as sentiment is likely to improve supported by the tabling of the much-awaited 12th Malaysia Plan 2021-2025 (12MP).

KUALA LUMPUR, Sept 24 — The ringgit extended yesterday’s gains against the US dollar as the greenback -- a safe haven currency -- retreated amid risk-on mode.

KUALA LUMPUR, Sept 23 — The ringgit ended higher against the US dollar as a bit of clarity over US Federal Reserve’s tapering plan and Evergrande’s assurance lifted market sentiment.

KUALA LUMPUR, Sept 22 — The ringgit ended lower today ahead of the US Federal Reserve (US Fed) decision on tapering later tonight and with the possibility of Evergrande defaulting on their interest payments on Thursday.

KUALA LUMPUR, Sept 18 — The ringgit is likely to stabilise against the US dollar next week, driven by a bullish outlook on the global financial market, with the focus on the United States Federal Reserve (Fed), said an economist.

KUALA LUMPUR, Sept 14 — As Malaysia strives to be a high-income nation with high technology and Industrial Revolution 4.0 adoption, investments must be supported with policies to support the workforce, especially high-skilled labour, said economists.

KUALA LUMPUR, Sept 14 — Natural rubber (NR) production in July 2021 has increased by 22.3 per cent to 47,473 tonnes compared to 38,807 tonnes in June 2021, said the Department of Statistics Malaysia (DOSM).

KUALA LUMPUR, Sept 14 — The ringgit rebounded from Monday’s dip to open firmer today after the signing of the Memorandum of Understanding (MoU) on Political Stability and Transformation by Prime Minister Datuk Seri Ismail Sabri Yaakob and heads of the Pakatan Harapan component parties yesterday.

KUALA LUMPUR, Sept 13 — The ringgit had retraced its gains last week to close weaker against the US dollar today as some investors had retreated to the safe-haven greenback due to expectations that the United States Federal Reserve would begin tapering asset purchases.

KUALA LUMPUR, Sept 13 — Asia-Pacific mergers and acquisitions (M&A) activity hit an all-time high in the first six months of 2021, with values targeting the region nearly doubling to US$535 billion (US$1=RM4.14) from US$284 billion in the same period last year, said global accounting and consulting group EY.

KUALA LUMPUR, Sept 13 — Malaysia’s six largest banks have reported that loans under Covid-19 pandemic-related repayment assistance increased to an average of 27 per cent of total loans between July and August 2021 from 12 per cent in March to May.

KUALA LUMPUR, Sept 13 — The ringgit kicked off the week on a weaker note against the US dollar today as profit-taking emerged following last week's strong gains.

KUALA LUMPUR, Sept 7 — The post-pandemic outlook for the palm oil industry in Malaysia remains bright, backed by the balanced supply and demand as well as expected recovery from labour shortages next year.