KUALA LUMPUR, May 16 — Malaysia's inflation in 2023 recorded a slower increase of 2.5 per cent from 3.3 per cent in 2022, with the index points at 130.4 against 127.2 in the previous year, said the Department of Statistics.

KUALA LUMPUR, May 16 — The ringgit bounced to 4.68 versus the greenback at open today, a level last seen two months ago, as lower-than-expected United States inflation data boosted hopes for an earlier interest rate cut in the US.

KUALA LUMPUR, May 15 — The retail prices for RON97 and RON95 petrol as well as diesel will remain unchanged at RM3.47, RM2.05, and RM2.15 per litre, respectively, from May 16 to May 22.

KUALA LUMPUR, May 15 — New Singapore Prime Minister Lawrence Wong is expected to further strengthen the special relations the republic enjoys with Malaysia by reinforcing existing bilateral economic policies and building upon the robust linkages between both nations, economists said.

KUALA LUMPUR, May 15 — Global pepper demand is projected to continue its upward trajectory in 2024 and 2025, said Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani.

PUTRAJAYA, May 15 — The number of jobs in the first quarter (Q1) of this year increased by 1.5 per cent to 8.94 million, the highest recorded since 2018, according to the Employment Statistics, First Quarter 2024 released today.

KUALA LUMPUR, May 15 — The Malaysian property market was active in the first quarter of 2024 (1Q 2024), recording a 34.3 per cent growth compared to the first quarter a year ago, with over 104,297 transactions worth RM56.53 billion, a 34.3 per cent jump in transaction value.

KUALA LUMPUR, May 15 — The Real Property Development Bill for Peninsular Malaysia is expected to be tabled in parliament in 2025, said Housing and Local Government (KPKT) Minister Nga Kor Ming.

KUALA LUMPUR, May 14 — Incoming Singapore Prime Minister Lawrence Wong, who is scheduled to take the oath of office tomorrow, will enhance bilateral relations between Malaysia and Singapore, said Investment, Trade, and Industry Minister Datuk Seri Tengku Zafrul Abdul Aziz.

DOHA, May 14 — Malaysia must explore the potential for cooperation with Qatar in the artificial intelligence (AI) sector and take advantage of the incentives amounting to nine billion Qatari riyals (RM11.67 billion) announced by the kingdom.

DOHA, May 14 — Prime Minister Datuk Seri Anwar Ibrahim has said a firm “no” to a second casino in the country.

PETALING JAYA, May 14 — The government should explore rental options alongside homeownership to address rising construction and raw materials costs, said the Real Estate and Housing Developers’ Association (Rehda) Institute.

PETALING JAYA, May 14 — Malaysia’s property market is on the road to recovery, as evidenced by improved volume and value in property transactions last year and steady economic growth, said Housing and Local Government Minister Nga Kor Ming.

PUTRAJAYA, May 14 — The government has allocated RM15.11 billion to implement 270 entrepreneurship programmes for this year, said Deputy Prime Minister Datuk Seri Ahmad Zahid Hamidi.

KUALA LUMPUR, May 14 — Bursa Malaysia rose 0.15 per cent at mid-morning, buoyed by strong buying support despite a sideways trend in the US market, said Malacca Securities Sdn Bhd.

KUALA LUMPUR, May 14 — The ringgit retreated to trade lower as the US dollar remained stable despite reports of higher inflation expectations going forward ahead of the release of key US data.

DOHA, May 13 — Malaysia and Qatar have agreed to enhance investment cooperation, said Prime Minister Datuk Seri Anwar Ibrahim.

KUALA LUMPUR, May 13 — The establishment of a China-Asean research and development (R&D) centre to discuss issues related to climate change, food security, innovation, renewable energy and artificial intelligence is being proposed.

KUALA LUMPUR, May 13 — Bank Negara Malaysia (BNM) and the Bank of Korea have agreed to renew their bilateral swap arrangement (BSA).

KUALA LUMPUR, May 13 (Bernama) -- Malaysia’s natural rubber (NR) production fell by 9.2 per cent to 26,966 tonnes in March 2024 against 29,691 tonnes in February, said the Department of Statistics Malaysia (DOSM).