KUALA LUMPUR, Feb 9 — Malaysia’s wholesale and retail trade had contracted by 5.9 per cent for the whole of 2020 — a historical low, according to the Department of Statistics Malaysia’s report on the Performance of Wholesale and Retail Trade for December 2020.

KUALA LUMPUR, Feb 9 — The ringgit opened higher versus the US dollar on Tuesday, extending Monday's gains on continued demand for the local note, supported by surging crude oil prices, said an analyst.

KUALA LUMPUR, Feb 8 — The ringgit opened higher against the US dollar on Monday on renewed demand, supported by steadier crude oil prices, said an analyst.

KUALA LUMPUR, Feb 6 — Bursa Malaysia is expected to trade higher next week, riding on strong catalysts including the United States’ US$1.9 trillion (RM7.73 trillion) Covid-19 relief package, the rollout of vaccination programmes worldwide and higher commodity prices.

KUALA LUMPUR, Jan 30 — The country's exports fell 1.4 per cent last year as economic activity slowed due to the impact of the Covid-19 pandemic, the international trade and industry ministry said on Saturday.

KUALA LUMPUR, Jan 30 — The ringgit is expected to further appreciate against the US dollar next week with investors keeping their focus on the progress of Covid-19 vaccination.

KUALA LUMPUR, Jan 29 — The ringgit closed January on a firm note against the US dollar as Moody's Investors Service’s affirmation of Malaysia’s local and foreign currency long-term issuer ratings at A3, with a stable outlook, helped boost risk appetite for the local currency.

KUALA LUMPUR, Jan 29 — Malaysia's exports rose for the fourth straight month in December, expanding 10.8 per cent from a year earlier on higher shipments of manufactured goods and agricultural products, particularly palm oil, government data showed on Friday.

KUALA LUMPUR, Jan 29 — The Malaysian plantation fraternity involved in the entire palm oil supply chain will continue to offer sectoral-related and most practical recommendations to the policymakers and the authorities to help mitigate the spread of Covid-19 in the industry.

KUALA LUMPUR, Jan 29 — The ringgit traded lower against the US dollar on Friday due to the  strengthening of the greenback as a safe-haven demand for the currency.

KUALA LUMPUR, Jan 27 — The ringgit snapped its three-day losing streak to close higher against the US dollar today as improved market sentiment spurred risk appetite for emerging currencies, dealers said.

KUALA LUMPUR, Jan 27 — The ringgit opened slightly better against the US dollar today, supported by the higher global oil price.

KUALA LUMPUR, Jan 26 — Shopee recorded a surge in demand for home-based learning and work-from-home technology gadgets from Jan 11-15, which coincided with the reintroduction of the movement control order (MCO 2.0), with more than 550,000 units sold.

KUALA LUMPUR, Jan 26 — The ringgit reversed recent losses to open higher against the US dollar Tuesday despite a cautious trading mode, an analyst said.

KUALA LUMPUR, Jan 25 — Hartalega Holdings Bhd’s net profit surged to RM1.0 billion in the third quarter ended December 31, 2020 (Q3 2021) compared with RM121.27 million in Q3 2020.

KUALA LUMPUR, Jan 25 — Foreign investors withdrew RM288.2 million net of local equities during the third week of 2021 compared to the RM326.1 million acquired in the preceding week.

KUALA LUMPUR, Jan 25 — The ringgit opened slightly lower against the US dollar today on cautious demand for the local currency, an analyst said.

KUALA LUMPUR, Jan 25 — Eurocham Malaysia said it was imperative for the business community to take seriously, the numerous media reports of clusters on Covid-19 infections associated with various factories, construction sites and other places of work.

KUALA LUMPUR, Jan 24 — The Malaysia Digital Economy Corporation’s (MDEC) expectation to hit 20 per cent growth in e-commerce contribution to the digital economy can be achieved as the Covid-19 pandemic has given a huge boost to digital adoption among entrepreneurs.

KUALA LUMPUR, Jan 19 — RHB Banking Group has revised its forecast for Malaysia’s Gross Domestic Product (GDP) this year to 5.4 per cent from 6.3 per cent, reflecting a more conservative growth outlook amid the re-imposition of the movement control order (MCO 2.0).