KUALA LUMPUR, May 27 — The ringgit opened higher against the US dollar on Monday amid renewed buying interest.

KUALA LUMPUR, May 26 — The ringgit has recorded the best performance against the US dollar as of mid-May 2024 among 10 regional currencies following the Madani government’s integrated action to promote inflows into the foreign exchange (forex) market over the past three months.

KUALA LUMPUR, May 26 — Prime Minister Datuk Seri Anwar Ibrahim has embarked on what is surely a difficult but bold move to rationalise fuel subsidies and, unlike previous leaders, defied the temptation to be populist.

TOKYO, May 25 — Malaysia’s trade with Japan is expected to increase this year, bolstered by investments, particularly in the semiconductor and renewable energy sectors, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.

KUALA LUMPUR, May 25 — The ringgit is likely to continue its downward trend against the US dollar next week, possibly around the RM4.71 to RM4.72 range, said Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid.

KUALA LUMPUR, May 24 — MIDF Research has revised downward its headline inflation rate forecast for this year to 2.7 per cent from 3.2 per cent earlier, on expectation of targeted fuel subsidy implementation and the moderation of food price growth.

KUALA LUMPUR, May 24 — Malaysia’s inflation rate remained at 1.8 per cent in April, for the third consecutive month, with index points at 132.4 compared with 130 in the same period last year, the Statistics Department (DOSM) said.

PUTRAJAYA, May 24 — The labour force grew by 1.9 per cent to a record 16.96 million people in the first quarter (1Q) of 2024, according to the Labour Market Review 1Q 2024 released by the Statistics Department today.

KUALA LUMPUR, May 24 — The market value of the community credit industry in the country was estimated to have reached RM24.8 billion last year.

KUALA LUMPUR, May 24 — Bursa Malaysia Bhd has introduced an Application Programming Interface (API) or API Gateway to increase the efficiency of the Central Depository System (CDS) account management processes by participating organisations (PO) or brokers.

KUALA LUMPUR, May 24 — The ringgit eased further in early trade on Friday in the wake of strong economic data supporting the US dollar.

KUALA LUMPUR, May 23 — The ringgit extended its downtrend against the US dollar on Thursday despite a falling US Dollar Index, as investors remained confident about the US interest rates cut soon, said an analyst.

PUTRAJAYA, May 23 — The national labour productivity in the first quarter (Q1) of 2024 grew by 1.9 per cent to record RM42 per hour compared to RM41.2 per hour in the same quarter last year.

KUALA LUMPUR, May 23 — Bank Negara Malaysia's (BNM) international reserves increased to US$113.3 billion (US$1= RM4.71) as of May 15, 2024, up from US$112.8 billion on April 30, 2024.

KUALA LUMPUR, May 23 — The ringgit fell at Thursday's opening as the US dollar strengthened following Federal Reserve minutes highlighting growing concerns about inflation.

KUALA LUMPUR, May 22 — Potential exports worth RM2.4 billion from businesses in Kazakhstan and Uzbekistan indicate numerous opportunities for Malaysian companies to explore in the region.

KUALA LUMPUR, May 21 — Prime Minister Datuk Seri Anwar Ibrahim has expressed the government’s seriousness in coming up with a Progressive Wage Policy for the private sector, in line with improvements made to the salaries and allowances of civil servants.

KUALA LUMPUR, May 21 — Malaysia recorded an encouraging economic achievement in the first quarter of 2024 at 4.2 per cent, surpassing the expectations of many parties who projected a growth rate at 3.9 per cent, said Prime Minister Datuk Seri Anwar Ibrahim.

KUALA LUMPUR, May 21 — The Cabinet agreed today to implement targeted diesel subsidies for consumers in Peninsular Malaysia, Prime Minister Datuk Seri Anwar Ibrahim said.

PUTRAJAYA, May 21 — Prime Minister Datuk Seri Anwar Ibrahim will undertake a three-day working visit to Japan from May 22 to 24, during which he will participate in the 29th International Conference on the Future of Asia (Nikkei Conference).