KUALA LUMPUR, April 5 — The ringgit opened flat against the greenback today due to muted demand as investors await further market catalyst.

KUALA LUMPUR, April 4 — Short-term rates are expected to remain stable today on Bank Negara Malaysia’s (BNM) operations to absorb surplus liquidity from the financial system.

KUALA LUMPUR, April 4 — The ringgit rebounded to open higher against the US dollar after some selling activities in the greenback, said an analyst.

KUALA LUMPUR, April 3 — The ringgit slipped against the US dollar at close despite the greenback’s retracement against major currencies, said an analyst.

KUALA LUMPUR, April 3 — The ringgit opened higher against the US dollar on better buying support as the US Dollar Index (DXY) retreated after recent gains by the greenback.

KUALA LUMPUR, April 2 — The ringgit ended lower against the US dollar as the greenback strengthened further, trading at a multi-month high after yesterday’s economic data pointing that a United States (US) inflation was nudging higher, undoing June rate-cut predictions.

KUALA LUMPUR, April 2 — Dassault Aviation’s wholly-owned subsidiary ExecuJet MRO Services Malaysia has moved into its new purpose-built maintenance, repair, and overhaul (MRO) facility at the Sultan Abdul Aziz Shah Airport (SAAS), also known as Subang Airport.

KUALA LUMPUR, April 2 — The ringgit slipped further against the US dollar when the market opened today as positive United States economic data points continued to support the greenback, a dealer said.

KUALA LUMPUR, April 1 — The ringgit ended lower against the US dollar today as the greenback remained strong despite dovish remarks from a US Federal Reserve (US Fed) official.

KUALA LUMPUR, March 31 — The Finance Ministry (MoF) has refined the scope for service tax exemptions to alleviate the direct impact on the rakyat’s living cost and cascading tax incidences in the logistics sector.

KUALA LUMPUR, March 30 — The ringgit is expected to maintain its current range of RM4.72 to RM4.73 against the US dollar next week.

KUALA LUMPUR, March 29 — Malaysia’s official reserve assets amounted to US$114.28 billion as of end-February 2024, while other foreign currency assets stood at US$202.69 million, according to Bank Negara Malaysia (BNM).

KUALA LUMPUR, March 29 — The Securities Commission Malaysia (SC) today issued the revised Guidelines on Conduct for Capital Market Intermediaries, aimed at elevating the standards of professionalism and integrity of capital market intermediaries (CMIs) in the industry.

KUALA LUMPUR, March 29 — Malaysia has the potential to become a leading supplier of feedstock for sustainable aviation fuel (SAF) production in the Asia Pacific region via collaboration with international partners to enhance capabilities and optimise the supply chain, MIDF Research said.

KUALA LUMPUR, March 29 — The ringgit opened softer against the US dollar on Friday on rising bets that the United States (US) might delay its rate cuts based on recent economic data.

KUALA LUMPUR, March 27 — The government and Bank Negara Malaysia (BNM) are continuing to take various remedial measures to strengthen the ringgit's value, including ensuring that the domestic foreign exchange market remains orderly, said the Finance Ministry (MOF).

KUALA LUMPUR, March 27 — The retail prices of RON97 and RON95 petrol, as well as diesel, will remain unchanged at RM3.47, RM2.05, and RM2.15 per litre respectively from tomorrow (March 28) until April 3.

KUALA LUMPUR, March 27 — The ringgit retreated to close lower against the US dollar on Wednesday, snapping two consecutive days of gains on caution ahead of US inflation data.

KUALA LUMPUR, 27 Mac — Bank Negara Malaysia (BNM) recorded RM11.5 billion in cashless payment transactions last year, thanks to the availability of 4G and 5G coverage and Internet services nationwide, the Dewan Negara was told today.

KUALA LUMPUR, March 27 — The Federal government’s 2024 revenue is projected to increase to RM312.159 billion after taking into account Budget 2024 tax measures, contributed by higher tax revenue collection and better economic growth.