PUTRAJAYA, Nov 23 — The Employees Provident Fund’s Shariah savings assets will be completely separated from conventional savings assets, effective January 1, 2024.

KUALA LUMPUR, Nov 22 — The ringgit fell against the US dollar at the close today following recent gains and after the US Federal Open Market Committee (FOMC) minutes of its last meeting showed that the American central bank will remain cautious in its approach to monetary policy, said an analyst.

KUALA LUMPUR, Nov 22 — 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, for the November 23 to November 29 period.

KUALA LUMPUR, Nov 22 — Malaysia has implemented 16 free trade agreements (FTAs) and 62 bilateral investment guarantee agreements (IGAs) to date, said Investment, Trade, and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.

KUALA LUMPUR, Nov 21 — The ringgit extended gains against the greenback at the close today on the rising expectation that the US Federal Reserve (US Fed) is done with interest rate hikes.

KUALA LUMPUR, November 21 — Companies from Regional Comprehensive Economic Partnership (RCEP) countries and China will invest RM100 billion over the next five years in Malaysia to accelerate its digital and green economy transformation.

SINGAPORE, Nov 20 — Malayan Banking Bhd (Maybank) has launched its Islamic wealth management (IWM) regional offshore hub for solutions via Maybank Singapore, extending its IWM position beyond Malaysia and Indonesia.

KUALA LUMPUR, Nov 20 — The ringgit closed stronger against the US dollar today in line with the broader foreign exchange (forex) market as traders started to consider the real possibility of the United States Federal Reserve (Fed) cutting interest rates for non-recessionary reasons, said an analyst.

KUALA LUMPUR, Nov 20  — Malaysia's total trade surpassed the RM2 trillion mark from January to October this year, reaching RM2.181 trillion, with exports amounting to RM1.186 trillion while imports were valued at RM995.55 billion.

KUALA LUMPUR, Nov 20 — Malaysia's total trade surpassed the RM2 trillion mark from January to October this year, reaching RM2.181 trillion, with exports amounting to RM1.186 trillion while imports were valued at RM995.55 billion.

KUALA LUMPUR, Nov 20 — The ringgit opened slightly higher against the US dollar on Monday, driven by mild demand for the domestic note as data points indicated a more dovish outlook for US interest rates.

SAN FRANCISCO, Nov 17 — Malaysia has secured RM63.02 billion in proposed investments in the United States (US), mainly from technology giants, Prime Minister Datuk Seri Anwar Ibrahim said today.

SAN FRANCISCO, Nov 17 — The trade and investment mission to the United States (US) organised before the start of the Asia-Pacific Economic Cooperation (APEC) has successfully generated at least RM8.33 billion cumulatively, said Investment, Trade, and Industry Minister Datuk Seri Tengku Zafrul Tengku Abdul Aziz.

KUALA LUMPUR, Nov 18 — The ringgit is expected to trade in a tight range at RM4.67 to RM4.68 against the US dollar next week as traders seek fresh leads for market direction.

KUALA LUMPUR, Nov 17 — Bank Negara Malaysia (BNM) and the Monetary Authority of Singapore (MAS) have jointly launched the real-time payment systems linkage between Malaysia’s DuitNow and Singapore’s PayNow.

KUALA LUMPUR, Nov 17 — The ringgit closed higher against the greenback today as the latest economic data from the United States (US) heightened the expectation the US Federal Reserve (US Fed) is done with interest rate hikes, with traders now speculating on when the Fed will start cutting rates, a dealer said.

KUALA LUMPUR, Nov 17 — Malaysian companies have secured RM125 million worth of deals in the recent export acceleration mission (EAM) to India and Bangladesh.

KUALA LUMPUR, Nov 17 — Malaysia’s encouraging performance in the third quarter (3Q) of 2023 provides a strong signal for a positive trajectory to achieve the resilience needed to support the restructuring of the economy intended under the Madani Economy initiatives, said Prime Minister Datuk Seri Anwar Ibrahim.

KUALA LUMPUR, Nov 17 — The Malaysian economy, which expanded by 3.3 per cent in the third quarter of 2023 (3Q 2023) from 2.9 per cent in 2Q 2023, is a good sign, said Economy Minister Rafizi Ramli.

KUALA LUMPUR, Nov 17 — Malaysia’s 2023 economic growth forecast remains at 4.0 per cent, rising to 4.5 per cent in 2024, said AmBank Group.