KUALA LUMPUR, April 17 — The ringgit rose against the US dollar in the opening session on mild bargain hunting activities following yesterday’s decline.

KUALA LUMPUR, April 17 — Malaysia has moved up to the 26th position out of 88 countries in the Global Talent Competitiveness Index 2020 (GTCI 2020), two spots higher than its 28th ranking last year.

PUTRAJAYA, April 16 — The Malaysian economy is estimated to operate at 45 per cent of its operating capacity due to the closure of non-essential services for four weeks during the implementation of the movement control order (MCO) until April 14, said the Ministry of International Trade and Industry (MITI).

KUALA LUMPUR, April 16 — While the full impact of Covid-19 on the oil and gas (O&G) industry is still difficult to assess, the industry is expected to record at least 5.0 per cent demand reduction for oil and gas this year.

KUALA LUMPUR, April 16 — The year 2019 saw a 7.6 per cent decrease in investment activity by venture capital (VC) and private equity (PE) companies to RM566.37 million from RM613.28 million in 2018.

KUALA LUMPUR, April 16 — The ringgit eased against the US dollar in the early session as sentiment towards the local note was affected by the weaker global oil price.

KUALA LUMPUR, April 15 — While the series of economic stimulus package announced by the government will support domestic demand and economic growth, the package also leaves the government with a wider fiscal deficit at least for 2020, says Moody’s Investors Service.

KUALA LUMPUR, April 15 — The ringgit rose against the US dollar in the early session on better demand for the local note due to bargain hunting activities, following yesterday’s decline.

KUALA LUMPUR, April 15 — The International Monetary Fund (IMF) has projected Malaysia’s real gross domestic product (GDP) to grow at a rate of nine per cent next year, the fastest among the Asean-5 countries which are expected to see a combined GDP growth of 7.8 per cent.

KUALA LUMPUR, April 15 — It is imperative for Asean to work closely with its Plus Three partners to ensure that Asia Pacific recovers from the economic impact of Covid-19 together, said Tan Sri Muhyiddin Yassin.

KUALA LUMPUR, April 14 — Malaysia may not end up with the worst-case scenario for the property market post-Covid-19, given its much healthier state of financial fundamentals today.

KUALA LUMPUR, April 14 — Bursa Malaysia extended its earlier gains at mid-morning, in tandem with the uptrend in the performance of regional peers, thanks to buying support in index-linked counters led by Petronas Chemicals.

KUALA LUMPUR, April 14 — Short-term rates are expected to remain stable today on Bank Negara Malaysia’s (BNM) operations to absorb surplus liquidity from the financial system.

KUALA LUMPUR, April 14 — The ringgit edged slightly higher against the US dollar in the early session today as market sentiment on the local note was lifted after the Organisation of the Petroleum Exporting Countries + (OPEC+) agreed to cut production by about 10 million barrels per day in May and June.

KUALA LUMPUR, April 13 ― Kenanga Research has maintained a “neutral” call on the oil and gas (O&G) sector after the Organisation of the Petroleum Exporting Countries (Opec) meeting last week.

KUALA LUMPUR, April 13 ― MIDF Amanah Investment Bank Bhd Research (MIDF Research) has revised downward this year’s forecast for Malaysia’s gross domestic product (GDP) to one per cent from 2.7 per cent, anticipating the first half 2020 (1H 2020) data to be more precarious than before.

KUALA LUMPUR, April 13 — The ringgit was lower against the US dollar in the early session today on weaker demand for the local note due to the country’s bearish economic outlook.

KUALA LUMPUR, April 10 — Malaysia’s gross domestic product (GDP) is projected to contract by 0.1 per cent to 4.6 per cent this year amid negative impact brought by Covid-19, according to the World Bank.

KUALA LUMPUR, April 10 — Although governments globally are facing unprecedented challenges brought about by the Covid-19 pandemic, it is also an opportunity to embed the structural changes that have long been necessary to develop more sustainable, dynamic and inclusive economies.

BAKU, April 10 — If the new Declaration of Cooperation of OPEC enters into force, the OPEC member states will have to cut the oil output by 6.085 million barrels per day in May-June, while non-OPEC parties to the deal by 3.915 million, the Azerbaijani Energy Ministry told Sputnik on Friday.