KUALA LUMPUR, March 28 — It is time for an expansionary fiscal policy to safeguard the people and the economy that have been affected by the novel coronavirus 2019 (Covid-19) pandemic, Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz said yesterday.
KUALA LUMPUR, March 27 — Bursa Malaysia main index, the FTSE Bursa Malaysia KLCI (FBM KLCI) surged along with other indexes ahead of today's stimulus package announcement to address the Covid-19 health crisis.
KUALA LUMPUR, March 27 — Maybank announced it will not compound interest for all individual, Small Medium Enterprises (SMEs) and non-retail/corporate customers loan facilities eligible for the six-month moratorium announced by Bank Negara Malaysia earlier this week.
KUALA LUMPUR, March 27 — The ringgit strengthened against the US dollar in the early session today on the back of a generally better tone in the global risk market, said an analyst.
KUALA LUMPUR, March 27 — Bursa Malaysia Bhd has announced a new set of seven relief measures targeted to a broader group of participants within the capital market.
KUALA LUMPUR, March 26 ― Bursa Malaysia returned to the black after a volatile two-hour session backed by encouraging performance of healthcare bluechips.
KUALA LUMPUR, March 25 — The Covid-19 pandemic will not have a large impact on the nation’s oil palm industry as it continues to be supported by local and international demand, commercialisation of downstream products, exploration of new markets as well as government initiatives.
KUALA LUMPUR, March 24 — The ringgit recovered to open higher against the US dollar on renewed buying interest.
KUALA LUMPUR, March 23 — The downtrend of ringgit is expected to remain as the Ministry of Health predicts the Covid-19 situation to worsen this week, with tighter enforcement of movement control order (MCO) exerting pressure on the economy, said Kenanga Research.
KUALA LUMPUR, March 19 — The ringgit extended its downtrend against the US dollar at the opening session today due to lingering worries over Covid-19 pandemic which has curbed traders’ risk appetite, said a dealer.
KUALA LUMPUR, March 18 — The country’s business events sector has suffered estimated losses of over RM1.5 billion to-date due to the Covid-19 outbreak, according to the Malaysian Association of Convention and Exhibition Organisers and Suppliers (MACEOS).
PUTRAJAYA, March 18 — The Ministry of Finance (MoF) is working closely with Bank Negara Malaysia (BNM), the Securities Commission (SC) and Bursa Malaysia to ensure that the capital and financial markets continue to run transparently and systematically, following the Movement Control Order.
KUALA LUMPUR, March 17 — The capital market, a critical component of Malaysia’s financial sector, will operate as usual within normal trading hours, according to the Securities Commission Malaysia (SC).
KUALA LUMPUR, March 17 — The ringgit continued yesterday’s downtrend to open lower against the US dollar today, as fears over the fast-spreading Covid-19 pandemic curbed traders’ risk appetite, said a dealer.
KUALA LUMPUR, March 16 ― The ringgit opened easier against the US dollar today, extending last Friday’s losses amid rising fears on Covid-19 outbreak as well as a decline in global crude oil prices, said a dealer.
KUALA LUMPUR, March 13 — Tabung Haji (TH) has announced a profit distribution after zakat (tithe) of 3.05 per cent for the 2019 financial year (FY2019), with a payout totalling RM2.1 billion compared with RM913 million distributed in FY2018.
NEW YORK, March 13 — Policymakers and government leaders have taken a range of approaches to deal with the economic fallout from the coronavirus.
KUALA LUMPUR, March 13 — The ringgit continued its downtrend to trade lower against the US dollar in the early session today, with more investors turning to safe-haven currencies due to emerging concerns over the Covid-19 outbreak, dealers said.
KUALA LUMPUR, March 12 — The ringgit retreated slightly from yesterday’s gains to trade moderately lower against the US dollar in the early session today as heightened concerns about the Covid-19 pandemic drove investors away from riskier assets, dealers said.
KUALA LUMPUR, March 11 — The ringgit extended yesterday’s losses to trade lower against the US dollar in the early session today, as more investors abandoned emerging currencies including the ringgit amid persistent concerns over the Covid-19 outbreak, dealers said.
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