KOTA BHARU, Feb 27 — The Ministry of Economic Affairs has allocated RM15 million to the Bumiputera Agenda Steering Unit (Teraju) for the implementation of the Bumiputera Entrepreneurs Startup Scheme (Superb) this year.

KUALA LUMPUR, Feb 27 — The ringgit opened higher today against the US dollar on better demand due to investors’ improved risk appetite ahead of the announcement of the government's economic stimulus package later today.

KUALA LUMPUR, Feb 26 — The ringgit snapped its seven-day losing streak against the US dollar today, lifted by improved investors’ risk appetite ahead of the government's Economic Stimulus Package announcement tomorrow.

KUALA LUMPUR, Feb 26 — The ringgit extended its downtrend against the US dollar at the opening today as the country’s political uncertainty drags on amid reports of a unity government in the works and calls for a snap election, analysts said.

KUALA LUMPUR, Feb 25 — The ringgit opened slightly higher against the US dollar on buying support today after yesterday’s downtrend amid a possible realignment of the country’s political forces and the ongoing Covid-19 outbreak.

KUALA LUMPUR, Feb 25 — The Ministry of Primary Industries has urged palm oil industry players and relevant associations to intensify good labour practices and organise awareness programmes on forced and child labour.

KUALA LUMPUR, Feb 24 — Bank Negara Malaysia (BNM) is closely monitoring conditions in the financial markets, in light of the recent developments surrounding the country’s political landscape.

KUALA LUMPUR, Feb 24 — 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, Feb 24 — The ringgit extended its downtrend to open lower against the US dollar today, weighed by the ongoing uncertainty over local political wranglings, analysts said.

KUALA LUMPUR, Feb 21 — Smart farming, aerospace and the digital economy can play a big role in injecting new dynamism in the bid to become a high-income economy, says Economic Affairs Minister Datuk Seri Mohamed Azmin Ali.

KUALA LUMPUR, Feb 20 — RAM Ratings expects Malaysia’s overall inflation rate to rise to 1.8 per cent in January 2020 from 1.0 per cent in the preceding month, underpinned by higher transport fuel inflation amid the low-base effects of retail fuel prices.

KUALA LUMPUR, Feb 20 — The ringgit continued its downtrend today amid a weaker global economy due to the lingering concerns on the Covid-19 outbreak.

KUALA LUMPUR, Feb 19 — Malaysia has been losing RM5 billion in tax revenue annually from the sale of illegal cigarettes, according to Japan Tobacco International Bhd (JTI Malaysia).

PETALING JAYA, Feb 19 — The government is advising and encouraging industry players whose businesses are affected by the Covid-19 outbreak to retain and retrain their employees to prepare for a rebound.

KUALA LUMPUR, Feb 19 — The ringgit opened lower versus the US dollar today, as demand for the greenback remained higher against a basket of Asean currencies amid lingering Covid-19 worries.

KUALA LUMPUR, Feb 18 — The World Bank is in the midst of reviewing the economic impact of the Covid-19 outbreak on Malaysia’s economy before deciding whether to revise the country’s gross domestic product (GDP) growth target.

KUALA LUMPUR, Feb 18 — Moody's Investors Service opines that the Covid-19 outbreak adds to other pressures on growth in Asia Pacific, with the impact felt primarily through trade and tourism, and for some sectors also through supply-chain disruptions.

KUALA LUMPUR, Feb 18 — About 71 percent of respondents in Malaysia in a survey expect the domestic economy to to improve this year, said human resources company Randstad.

KUALA LUMPUR, Feb 18 — The ringgit continued its downtrend from last week following worries surrounding global markets as Covid-19 fears continue to persist.

CHICAGO, Feb 14 — The effect of the disease caused by the novel coronavirus, known as Covid-19, on the Chinese economy will be limited, said Khairy Tourk, a professor of economics with the Stuart School of Business of the Illinois Institute of Technology in Chicago.