KUALA LUMPUR, May 13 — The construction sector work done value soared by 14.2 per cent year-on-year (y-o-y), amounting to RM36.8 billion in the first quarter of 2024 (1Q 2024), said the Department of Statistics Malaysia (DOSM).

KUALA LUMPUR, May 13 — Although Malaysia’s Industrial Production Index (IPI) slowed in March at 2.4 per cent compared to 3.1 per cent in February, it had surpassed expectations with manufacturing recovery remaining intact, said Kenanga Research.

KUALA LUMPUR, May 13 — The ringgit opened lower against the US dollar today due to expectations that the United States Federal Reserve (Fed) will maintain its tight monetary policy stance, thus supporting the dollar, said Bank Muamalat Malaysia Bhd chief economist Mohd Afzanizam Abdul Rashid.

KANGAR, May 12 — Malaysia’s wholesale and retail trade increased by 5.2 percent in March this year, indicating that the domestic economic ecosystem of the country is in a dynamic and progressive state.

KUALA LUMPUR, May 11 — The Academy in Industry programme is anticipated to systematically and continuously enhance the development of skilled talent channels to address the requirements of Malaysia's industrial sector.

KUALA LUMPUR, May 10 — The ringgit ended slightly firmer against the US dollar today on improving risk appetite.

PUTRAJAYA, May 10 — The number of labour force for the first quarter (Q1) of 2024 was on an upward trend, up by 0.3 per cent, recording 16.96 million persons, says the Department of Statistics Malaysia (DOSM).

KUALA LUMPUR, May 10 — The sales value of Malaysia's manufacturing sector expanded by 1.4 per cent year-on-year (y-o-y) to RM158.4 billion in March 2024, according to the Department of Statistics Malaysia (DOSM).

KUALA LUMPUR, May 10 — The Industrial Production Index (IPI) increased by 2.4 per cent year-on-year (y-o-y) in March 2024, spurred by the expansion in all sectors, according to the Department of Statistics Malaysia (DOSM).

KUALA LUMPUR, May 10 — Leaders of organisations must ensure a comprehensive technology risk management framework is in place as it guides organisations to identify key risks and put the right controls in place, the Securities Commission Malaysia (SC) said.

KUALA LUMPUR, May 10 — Bank Negara Malaysia (BNM) is expected to maintain the overnight policy rate (OPR) at 3.0 per cent throughout 2024, said research firms.

KUALA LUMPUR, May 10 — Bursa Malaysia’s all-time high indicates measures under the Madani framework are building investor confidence, said Finance Minister II Senator Datuk Seri Amir Hamzah Azizan.

KUALA LUMPUR, May 10 — MR D.I.Y.

KUALA LUMPUR, May 10 — The ringgit appreciated against the US dollar at the opening on Friday on renewed buying interest and as the demand for the greenback weakened in thin trading, said analysts.

KUALA LUMPUR, May 10 — The continued uncertainties over China's economic growth prospects and the recent geopolitical crisis have increased US dollar demand as a safe-haven asset, said Bank Negara Malaysia (BNM) deputy governor Adnan Zaylani Mohamad Zahid.

KUALA LUMPUR, May 9 — Malaysia’s wholesale and retail trade recorded a 5.2 per cent rise in March this year with monthly sales of RM145.7 billion versus in March last year, the Statistics Department (DOSM) said.

KUALA LUMPUR, May 9 — The government is focusing on the national non-revenue water (NRW) issue as it is causing annual losses of over RM2 billion, Deputy Prime Minister Datuk Seri Fadillah Yusof said.

KUALA LUMPUR, May 9 — Volkswagen Group Malaysia (VGM) plans to designate Malaysia as an export hub for the Volkswagen brand, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.

KUALA LUMPUR, May 9 — Bank Negara Malaysia (BNM) is expected to uphold its current overnight policy rate (OPR) of 3.0 per cent for the next six to 12 months, despite upside risk to prices.

KUALA LUMPUR, May 9 — The ringgit opens lower against the US dollar on Thursday as the greenback remained firm while local market players await the release of Bank Negara Malaysia’s (BNM) overnight policy rate (OPR) announcement later today, analysts said.