KUALA LUMPUR, June 12 — The economy is expected to grow by between 4 and 5 per cent this year, supported by export recovery and resilient domestic demand, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

KUCHING, June 12 — Malaysia will prioritise an innovation-friendly environment in recognising hydrogen’s potential to revolutionise multiple sectors.

PUTRAJAYA, June 12 — There is no reason for the logistics sector to raise prices that will burden the people following the implementation of the Subsidised Diesel Control System (SKDS) 2.0, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

KUALA LUMPUR, June 12 — Bank Negara Malaysia (BNM) is looking into various other measures and initiatives that could be undertaken to ensure the ringgit remains stable and supported, including engaging corporate companies to bring back their returns into the market.

KUALA LUMPUR, June 12 — Asean Business Club president Tan Sri Munir Majid has suggested the bloc urgently establish a high-level commission to make decisions that will enable its 10 members to achieve full economic integration.

KUALA LUMPUR, June 12 — The Industry Excellence Award (AKI) has expanded by nearly 100 per cent this year, with 153 companies taking part, according to Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.

KUALA LUMPUR, June 12 — The ‘Business Ready’ (B-Ready) indicator by the World Bank is an assessment that the country should prioritise by introducing several new approaches and methods, says Prime Minister Datuk Seri Anwar Ibrahim.

KUALA LUMPUR, June 11 — The ringgit ended higher against the US dollar ahead of the two-day US Federal Open Market Committee (FOMC) meeting which begins later today.

NIBONG TEBAL, June 11 — The recent diesel price hike of RM1.20 per litre will not affect padi farmers as they will continue receiving subsidies, assured Agriculture and Food Security Minister Datuk Seri Mohamad Sabu.

KUALA LUMPUR, June 11 — Malaysia’s wholesale and retail trade expanded 6.6 per cent year-on-year (y-o-y) in April 2024 with RM144.9 billion in sales, said the Department of Statistics Malaysia (DOSM).

KUALA LUMPUR, June 11 — The ringgit has a strong potential to appreciate to 4.42 against the US dollar by year-end.

KUALA LUMPUR, June 11 — The ringgit saw little change against the United States dollar at the open as investors stayed on the sidelines due to a lack of fresh catalysts.

KUALA LUMPUR, June 10 — The ringgit closed lower against the US dollar on a lack of buying interest, as the US Dollar Index (DXY) rebounded, surpassing the 105-point level.

KUCHING, June 10 — Sarawak Premier Tan Sri Abang Johari Openg has proposed the federal government seek affordable and sustainable alternative energy sources to replace diesel use.

KUALA LUMPUR, June 10 — Bank Negara Malaysia’s (BNM) international reserves amounted to US$113.6 billion as of May 31.

PUTRAJAYA, June 10 — The labour force in April grew by 0.1 per cent, registering 17.12 million people from the 17.1 million in March, with the participation rate at 70.3 per cent, according to the Labour Force Statistics released today.

SERDANG, June 10 — The Malaysia Agriculture, Horticulture, and Agrotourism (MAHA) exhibition, set for September, aims to secure RM6 billion in agreements and RM40 million in direct sales.

KUALA LUMPUR, June 10 — Malaysia’s palm oil stock grew by 0.5 per cent to 1.75 million tonnes in May, from 1.74 million tonnes in April, said the Malaysian Palm Oil Board (MPOB).

KUALA LUMPUR, June 10 — The Industrial Production Index (IPI) accelerated 6.1 per cent year-on-year in April, underpinned by higher output growth in the manufacturing sector, said the Statistics Department (DOSM).

KUALA LUMPUR, June 10 — The gross domestic products (GDP) growth of six Asean countries will recover to 4.5 and 4.7 per cent in 2024 and 2025, respectively, from 4 per cent last year, revealed a Maybank Research Pte Ltd forecast.