KUALA LUMPUR, Feb 6 — The ringgit continues to weaken in early trade against the firmer US dollar today spurred by last week's jobs report and hawkish signals from the Federal Reserve (Fed), said an analyst.

KUALA LUMPUR, Feb 3 — The Entrepreneur Development and Cooperatives Ministry (Kuskop) has pledged to support the growth of small and medium enterprises (SMEs), ensuring facilitation in various aspects, including funding access.

KUALA LUMPUR, Feb 3 — The ringgit is expected to trade range-bound with a slight appreciation against the US dollar next week, said an analyst.

KUALA LUMPUR, Feb 2 — The ringgit ended the week firmer against the US dollar, closing higher on Friday as the greenback retreated amid risk-on sentiment ahead of the United States (US) nonfarm payroll data due later today, an economist said.

PAPAR, Feb 2 — The Domestic Trade and Cost of Living Ministry (KPDN) will hold discussions with the Sabah and Sarawak governments before implementing any diesel subsidy retargeting programme in both states.

KUALA LUMPUR, Feb 2 — The ringgit opened higher against the US dollar on Friday after the United States Federal Reserve (Fed) decided to maintain its interest rate at 5.5 per cent.

KUALA LUMPUR, Jan 31 — The ringgit reversed its gains yesterday to end lower against the US dollar today as the US dollar index (DXY) inched higher ahead of the United States (US) interest rate decision later tonight, an economist said.

KUALA LUMPUR, Jan 31 — Malaysia's economy is estimated to grow at 3.4 per cent in the fourth quarter of 2023 (4Q 2023), representing a slight uptick from the previous quarter's growth of 3.3 per cent, according to the Department of Statistics Malaysia (DOSM).

KUALA LUMPUR, Jan 30 — The ringgit rebounded to end higher against the US dollar today as investors shifted their focus away from the greenback ahead of the United States (US) interest rate decision tomorrow, said an economist.

KUALA LUMPUR, Jan 29 — The ringgit ended easier against the US dollar amid cautious trading ahead of the United States’ (US) interest rate decision this week, an economist said.

KUALA LUMPUR, Jan 29 — The Investment, Trade, and Industry Ministry (Miti) has engaged relevant ministries and agencies like the Human Resources Ministry, the Higher Education Ministry, and the National Technical and Vocational Education and Training (TVET) Council to increase Malaysia's skilled workforce.

KUALA LUMPUR, Jan 29 — Malaysia's Producer Price Index (PPI) recorded a decrease to -1.3 per cent in December 2023 as compared to negative 1.5 per cent in November, said the Department of Statistics Malaysia (DOSM).

KUALA LUMPUR, Jan 28 — Malaysian companies should explore opportunities in Laos as the country is undergoing significant development, especially in infrastructure, transportation and energy.

KUALA LUMPUR, Jan 26 — The ringgit opened lower against the US dollar on Friday as the US economy recorded improvement, with its latest gross domestic product (GDP) figures growing by 2.5 percent in 2023, a significant improvement from the 1.9 per cent growth recorded in 2022.

KUALA LUMPUR, Jan 24 — Malaysia’s Leading Index (LI) saw a 0.2 per cent decrease to 109.8 points in November 2023 as compared to 110.0 points in the same month of the previous year, according to the Department of Statistics Malaysia (DOSM).

KUALA LUMPUR, Jan 24 — The ringgit opened easier against the US dollar on Wednesday as most investors await the first Bank Negara Malaysia's (BNM) Monetary Policy Committee (MPC) meeting of the year, after which they will announce the new Overnight Policy Rate (OPR).

KUALA LUMPUR, Jan 23 — Malaysia’s palm oil industry is set to generate RM4 billion in revenue if half of the indicated 40,000 foreign workers needed by the sector are allocated harvesting duties, said the Malaysian Palm Oil Association (MPOA).

KUALA LUMPUR, Jan 23 — The ringgit opened lower against the US dollar on Tuesday as most traders are eagerly awaiting the first Bank Negara Malaysia’s Monetary Policy Committee (MPC) meeting of this year, scheduled for today and tomorrow.

KUALA LUMPUR, Jan 22 — Local institutions continue to net buy for the second consecutive week, at an amount of RM214.7 million, more than double the amount recorded the week prior, said MIDF Research.

KUALA LUMPUR, Jan 22 — The ringgit opened marginally higher against the US dollar on the first trading day of the week due to potential oil price gains resulting from rising geopolitical tensions in the Middle East.