KUALA LUMPUR, May 6 — The headline inflation declined to -0.2 per cent in March 2020 from 1.3 per cent registered in February 2020, said Bank Negara Malaysia.
KUALA LUMPUR, May 6 — The widespread adoption of digital economy during the movement control order (MCO) provides numerous opportunities for businesses and consumers to strengthen their ties in the business ecosystem.
KUALA LUMPUR, May 6 — The ringgit was slightly lower against the US dollar in the early session today as demand shifted towards the US dollars following favourable economic data from the United States.
KUALA LUMPUR, May 6 — E-commerce’s contribution to the country’s gross domestic product (GDP) is expected to rise this year on increased consumer confidence in digital transactions amid the movement control order, said MDEC chief operating officer Ng Wan Peng.
KUALA LUMPUR, May 5 — Bank Negara Malaysia today lowered its Overnight Policy Rate (OPR) by 50 basis points to 2.00 per cent.
KUALA LUMPUR, May 5 — The ringgit was flat against the US dollar in the early session today as traders opted to stay on the sidelines, amidst unfavourable economic data coming out from both Malaysia and the United States.
KUALA LUMPUR, May 4 — The ringgit was lower against the US dollar in the early session today on weaker demand for the local note as buying sentiment was hampered by the declining global oil price.
KUALA LUMPUR, May 4 — For businesses that were badly hit by the enforcement of the movement control order since March 18, the easing of restrictions from today is most welcome.
KUALA LUMPUR, May 2 — News on the reopening of economies across the globe coupled with the flattening of the Covid-19 infection curve are set to take centre stage next week, pushing the ringgit higher.
KUALA LUMPUR, April 30 — Malaysia’s leading economic index declined 0.8 per cent month-on-month in February 2020 following a 0.1 per cent gain in the prior month, providing cues on what to expect for economic performance in June to August 2020 period.
KUALA LUMPUR, April 30 — Strong local market sentiment has driven Bursa Malaysia higher as it breached the 1,400 points.
KUALA LUMPUR, April 30 — Consumer and industrial product and services were the biggest gainers on Bursa Malaysia today after the government eased the movement control order (MCO) to allow more than two million employees in various sectors to return to work.
KUALA LUMPUR, April 30 — Malaysia's international reserves remained usable as at end-March 2020, with official reserve assets at US$101.70 billion.
KUALA LUMPUR, April 30 — Exports of palm oil products had declined significantly by 34.8 per cent year-on-year (y-o-y) or 793,257 tonnes to 1.48 million tonnes during the movement control order (MCO) period up to April 14, from 2.28 tonnes recorded in the same period last year.
KUALA LUMPUR, April 30 — The ringgit opened higher against the US dollar as rising global crude oil prices bolstered the local note, amid early morning announcements by the US Federal Reserve (Fed) that it is keeping the interest rates unchanged.
KUALA LUMPUR, April 20 — The government has subsidised about 30 per cent of salary payments for small and medium entrepreneurs (SMEs) during the movement control order (MCO) to avoid retrenchment and reduce the number of people retrenched.
KUALA LUMPUR, April 29 — Malaysia is currently facing several challenges in continuing its growth trajectory, despite having made commendable progress over the past four decades, said Moody’s Analytics.
KUALA LUMPUR, April 28 — The ringgit opens easier against the US dollar today in tandem with the decline in global crude oil prices.
KUALA LUMPUR, April 28 — Bursa Malaysia continues its positive streak for the second day as almost all index inched higher, driven by buying activities, especially in small capital stocks.
KUALA LUMPUR, April 27 — The ringgit opened higher against the US dollar today on renewed demand for the local note amid the recovery in global crude oil prices.
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