KUALA LUMPUR, March 14 — The ringgit opened nearly flat against the US dollar as cautious sentiment over the economic outlook prompted some investors to turn to safe-haven assets.
KUALA LUMPUR, March 13 — The ringgit closed lower against the United States (US) dollar ahead of the release of the US Producer Price Index (PPI) data amid trade war concerns.
KUALA LUMPUR, March 13 — Bursa Malaysia extended its gains, crossing the 1,500 level by midmorning, driven by bargain hunting in selected heavyweights, particularly in financial services, plantations, and healthcare.
KUALA LUMPUR, March 13 — The ringgit strengthened against the US dollar in early dealings today, supported by improved buying sentiment for the domestic currency despite a firmer US Dollar Index (DXY).
KUALA LUMPUR, March 12 — The ringgit closed lower against the United States (US) dollar on Wednesday on caution ahead of US inflation data later tonight and as the global trade war escalated.
KUALA LUMPUR, March 12 — Malaysia’s Industrial Production Index (IPI) increased by 2.1 per cent year-on-year in January 2025, led by growth in manufacturing sector output, according to the Department of Statistics Malaysia.
KUALA LUMPUR, March 12 — Malaysia’s manufacturing sector sales value increased by 3.5 per cent in January 2025 (December 2024: 5.7 per cent), amounting to RM158.1 billion, according to the Department of Statistics Malaysia.
KUALA LUMPUR, March 12 — Malaysia's wholesale and retail trade sector began the year with total sales of RM148.9 billion in January, a 4.6 per cent growth year-on-year (y-o-y), according to the Department of Statistics Malaysia (DOSM).
KUALA LUMPUR, March 12 — Industry leaders welcomed the passing of the Employees Provident Fund (EPF) (Amendment) Bill 2025, hailing it as a balanced approach that strengthens social security while ensuring business sustainability.
KUALA LUMPUR, March 12 — Malaysia’s banking system outlook remains stable this year, supported by steady economic performance and sound fundamentals of banks, said Moody’s Rating.
KUALA LUMPUR, March 12 — Despite global market volatility, foreign investors have remained net buyers of Malaysia’s Private Debt Securities (PDS) for five consecutive months, underscoring confidence in the country’s corporate bond market.
KUALA LUMPUR, March 12 — Bursa Malaysia extended losses at today’s opening, tracking overnight declines on Wall Street and regional markets as global economic uncertainties dampened investor sentiment.
KUALA LUMPUR, March 12 — Short-term rates are expected to remain stable today following Bank Negara Malaysia’s (BNM) operations to absorb surplus liquidity from the financial system.
KUALA LUMPUR, March 12 — The ringgit strengthened against the US dollar in early trade today as the US Dollar Index (DXY) eased to 103.419 points from 103.900 points previously, despite stronger-than-expected US job openings, an economist said.
KUALA LUMPUR, March 11 — The European Union (EU) expects the first round of negotiations on resuming the Malaysia-European Union Free Trade Agreement (MEUFTA) to take place before June, said European External Action Service managing director for Asia and the Pacific Niclas Kvarnström.
PUTRAJAYA, March 11 — The number of those unemployed in January decreased to 533,800, with an unemployment rate of 3.1 per cent, according to the Labour Force Statistics, January 2025, released today.
PUTRAJAYA, March 11 — The adoption of the System of National Accounts 2025 (SNA) is expected to refine Malaysia’s economic growth projections by enhancing the accuracy and comprehensiveness of its statistical framework, said the Statistics Department (DOSM).
KUALA LUMPUR, March 11 — Bursa Malaysia continued its downward trend, opening lower today, as Wall Street experienced a steep decline.
KUALA LUMPUR, March 11 — The ringgit started the day flat against the US dollar as investors adopted a wait-and-see stance following Bank Negara Malaysia’s recent decision to hold interest rates steady, which weighed on sentiment.
KUALA LUMPUR, March 10 — Prime Minister Datuk Seri Anwar Ibrahim has stressed that the proposed urban renewal law, set to be tabled in Parliament, will not force any homeowners or landowners to be evicted.
Media Selangor Sdn Bhd, a subsidiary of the Selangor State Government (MBI), is a government media agency. In addition to Selangorkini and SelangorTV, the company also publishes portals and newspapers in Mandarin, Tamil and English.