KUALA LUMPUR, Sept 29 — The ringgit ended the week higher against the US dollar on improving domestic demand following the recent selloff, said an analyst.

KUALA LUMPUR, Sept 29 — Amanah Saham Nasional Bhd (ASNB), Permodalan Nasional Bhd’s (PNB) wholly-owned unit trust company, has announced an income distribution payout of RM681.96 million for its fixed price fund, Amanah Saham Malaysia 3 (ASM 3), for the financial year ending Sept 30, 2023.

KUALA LUMPUR, Sept 29 — The banking system recorded an excess capital buffer of RM133.3 billion in August 2023, said Bank Negara Malaysia (BNM).

KUALA LUMPUR, Sept 29 — The government has imposed anti-dumping duties on Japanese cold-rolled coils following an investigation started on January 31 based on a petition filed by Mycron Steel CRC Sdn Bhd.

KUALA LUMPUR, Sept 29 — Malaysia’s international reserves amounted to US$112.46 billion (RM527.3 billion) at the end of August, while other foreign currency assets stood at US$1.7 million, said Bank Negara Malaysia (BNM).

KUALA LUMPUR, Sept 29 — Malaysia’s pharmaceutical industry is set to continue gaining momentum, riding on government incentives to drive local investment in the market, said BMI, a Fitch Solutions company.

KUALA LUMPUR, Sept 29 — The ringgit rose against the US dollar this morning as demand for the domestic currency improved following the recent selloff and as US bond yields retreated from 16-year highs, said an analyst.

KUALA LUMPUR, Sept 28 — The permission for restaurant associations, food entrepreneurs and hawkers to purchase imported white rice (BPI) at the wholesale price of RM160 for every 50kg is to help them control operating costs and ensure rice prices are not raised.

KUALA LUMPUR, Sept 27 — The ringgit continued its downtrend to push past 4.70 against the greenback today amid concerns over the higher-for-longer US interest rate outlook, said an analyst.

KUALA LUMPUR, Sept 27 — Malaysia is well positioned to lead economic and industrial opportunities within the Asean region via the initiatives outlined under the Madani Economy Framework, the New Industrial Master Plan (NIMP 2030), and the National Energy Transition Roadmap (NETR) which serve as catalysts to attract high-value investments, said Deputy Investment, Trade and Industry Minister Liew Chin Tong.

KUALA LUMPUR, Sept 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 for the September 28 to October 4 period.

KUALA LUMPUR, Sept 27 — Malaysia's economy is expected to continue moderating in the near term based on data in July and August, according to the Department of Statistics Malaysia (DOSM).

KUALA LUMPUR, Sept 27 — A total of 15 companies from Central Asia sourced RM3.82 million worth of products and services when they participated in the physical international sourcing programme (INSP) held alongside the recent Malaysia International Halal Showcase (Mihas), the world’s largest halal trade exhibition.

KUALA LUMPUR, Sept 27 — The National Energy Transition Roadmap (NETR) and New Industrial Master Plan (NIMP) are expected to accelerate the country’s transition and open up large investment opportunities, says Bank Negara Malaysia (BNM).

KUALA LUMPUR, Sept 27 — Malaysia’s August 2023 export unit value index rose a marginal 0.5 per cent to 142.3 points, the Department of Statistics Malaysia (DOSM) said.

KUALA LUMPUR, Sept 27 — The ringgit fell against the US dollar this morning as the greenback continued to be buoyed by bullish sentiments.

KUALA LUMPUR, Sept 26 — The takaful industry in Malaysia is poised to benefit from several national economic plans, namely the National Energy Transition Roadmap and the New Industrial Master Plan 2030, alongside the Madani Economy: Empowering the People framework, said Bank Negara Malaysia (BNM).

KUALA LUMPUR, Sept 26 — The ringgit closed easier against the US dollar on better demand for the greenback as the US 10-year bond yields made new highs, said an analyst.

KUALA LUMPUR, Sept 26 — A memorandum of understanding (MoU) will be signed between Axiata Group Bhd and CyberSecurity Malaysia soon to strengthen the country’s cybersecurity field.

KUALA LUMPUR, Sept 26 — The Science, Technology and Innovation Ministry (Mosti) said it is looking to enhance the startup ecosystem, emerging technology, and Science, Technology, Engineering and Mathematics (STEM) education under Budget 2024.