KUALA LUMPUR, Aug 13 — The Malaysian economy grew by 16.1 per cent in the second quarter (Q2 2021) year-on-year compared with -0.5 per cent in the first quarter of the year, supported mainly by the improvement in domestic demand and continued robust exports performance, said Bank Negara Malaysia today.

KUALA LUMPUR, Aug 12 — Total jobs in the economic sector were lower by 0.4 per cent to 8.35 million in the second quarter of 2021 (Q2 2021), the Department of Statistics Malaysia (DOSM) reported today.

KUALA LUMPUR, Aug 9 — The ringgit opened the week on a weaker note as investors continued to worry over Malaysia’s highest daily Covid-19 cases.

KUALA LUMPUR, Aug 4 — Airline industry statistics have confirmed that 2020 was the worst year on record, said the International Air Transport Association (IATA).

KUALA LUMPUR, Aug 4 — The ringgit retreated to open lower on Wednesday as Brent crude oil price settled lower.

KUALA LUMPUR, Aug 3 —  The ringgit rebounded slightly on Tuesday, lifted by higher oil price.

KUALA LUMPUR, Aug 2 — The ringgit closed marginally weaker against the US dollar on Monday on concerns over the continuously high number of daily Covid-19 cases in the country, which recorded 15,764 cases today, said an analyst.

KUALA LUMPUR, Aug 2 — The ringgit was lower on Monday amid lack of catalysts, domestically.

KUALA LUMPUR, July 30 — The ringgit rebounded from yesterday’s losses to end higher against the US dollar today, driven by renewed demand despite the slide in crude oil prices, an analyst said.

KUALA LUMPUR, July 29 — The ringgit opened higher against the US dollar on Thursday as the greenback continued to move sideways against the local note after no changes were made to the US monetary policy, a dealer said.

KUALA LUMPUR, July 27 — The ringgit opened higher against the US dollar today as weak economic data from the United States (US) took a toll on the greenback, a dealer said.

KUALA LUMPUR, July 27 — Bursa Malaysia opened higher today, tracking the modest gains of regional peers, a dealer said.

KUALA LUMPUR, July 26 — The government, via the Malaysian Investment Development Authority (Mida), remains focused on attracting high-quality investments from foreign and domestic companies into Malaysia through various investment strategies and policy initiatives amid the Covid-19 pandemic.

KUALA LUMPUR, July 26 — Bursa Malaysia opened marginally higher but retreated thereafter, tracking the performance of regional peers.

KUALA LUMPUR, July 26 — The ringgit opened slightly higher against the US dollar today, despite the alarming surge in the local Covid-19 daily tally.

KUALA LUMPUR, July 25 — Malaysia’s 907,065 small and medium enterprises (SMEs) are living in very uncertain times — from day to day it seems almost impossible for them to predict what will come next.

KUALA LUMPUR, July 23 — The ringgit reversed yesterday's gains to end lower against the US dollar today as the high number of daily Covid-19 cases continued to weigh on sentiment, a dealer said.

KUALA LUMPUR, July 22 —  S&P Global Ratings expects new Covid-19 waves to further delay business recovery for the domestic banking sector as the asset quality trend of Malaysian banks will stay weak over the next two years.

KUALA LUMPUR, July 22 — Malaysia and the United States (US) have strengthened bilateral tax relations with the implementation of the Foreign Account Tax Compliance Act (Fatca), said the Ministry of Finance (MOF).

KUALA LUMPUR, July 22 —  The ringgit rebounded to end higher against the US dollar on Thursday, backed by rising crude oil prices amid the high number of daily Covid-19 cases in Malaysia.