KUALA LUMPUR, Sept 26 — Tenaga Nasional Bhd (TNB) has estimated a recovery of approximately RM7 billion from its Imbalance Cost Pass-Through (ICPT) receivables, based on current fuel price trends for the first half of the 2024 financial year, reflecting its proactive stance in managing its financial outlook and controlling fuel-related expenditures.

KUALA LUMPUR, Sept 26 — The government is planning to revise the Statistics Act 1965 in the Dewan Rakyat in July to boost the Statistics Department’s (DOSM) role in strengthening the field.

KUALA LUMPUR, Sept 25 — The ringgit closed higher against the US dollar and other major currencies today, supported by rising oil prices, an economist said.

KUALA LUMPUR, Sept 25 — The Leading Index (LI) for July 2023 anticipated a modest economic performance after registering 109.0 points, a 0.9 per cent decrease year-on-year from 109.5 points in July 2022, said the Department of Statistics (DoSM) today.

KUALA LUMPUR, Sept 25 — Foreign investors continued as net buyers on Bursa Malaysia with RM550.9 million last week, which was 2.3 times higher than the week prior and the highest net foreign inflow over the past eight weeks, MIDF Research said today.

KUALA LUMPUR, Sept 25 — Malaysia’s foreign direct investment is anticipated to rise more strongly, augmented by “friend-shoring” policies promoted by the US government and Prime Minister Datuk Seri Anwar Ibrahim’s moves to enhance the country’s investment facilitation, said an economist.

KUALA LUMPUR, Sept 25 — The ringgit opened slightly higher against the US dollar this morning on mild demand for the domestic note.

BUKIT MERTAJAM, Sept 23 — The Ministry of Finance (MOF) has received 10,000 feedback from the public through the Budget 2024 proposal portal, said its Deputy Minister II Steven Sim Chee Keong.

KUALA LUMPUR, Sept 23 — The ringgit is expected to trade range-bound with a downward bias against the US dollar next week, as the greenback continues to gain support from the US Federal Reserve's (US Fed) hawkish stance on the United States (US) interest rate, an analyst said.

KUALA LUMPUR, Sept 22 — The ringgit ended slightly higher against the US dollar today on mild demand, tracking the positive sentiment on the equity market despite the firmer greenback, analysts said.

KUALA LUMPUR, Sept 22 — Bank Negara Malaysia’s (BNM) international reserves amounted to US$111.5 billion (RM521.8 billion) as of September 15, 2023, compared with US$112.2 billion (RM525 billion) on August 15, 2023.

KUALA LUMPUR, Sept 22 — Nearly 3,000 foreign affiliates are operating in Malaysia, contributing a value-added of RM274.3 billion in 2021, or 17.7 per cent of Malaysia’s economy, said the Department of Statistics Malaysia (DOSM).

KUALA LUMPUR, Sept 22 — There is a fine line between the green initiative toward sustainability and green “protectionism”, said ambassador Syahril Syazli Ghazali, Malaysia’s permanent representative to the World Trade Organisation (WTO) Public Forum 2023.

KUALA LUMPUR, Sept 22 — Proton Holdings Bhd’s first new-energy vehicle, the X90, has made its debut in three export markets — Mauritius, South Africa, and Brunei — with export sales growth in international markets being a key pillar among the national carmaker’s long-term goals.

KUALA LUMPUR, Sept 22 — Malaysia’s inflation remained unchanged at 2 per cent in August, similar to the rate recorded in July, said the Statistics Department (DOSM).

KUALA LUMPUR, Sept 22 — Modern methods of construction (MMC) should be introduced to accelerate the growth of public infrastructure projects and the development of affordable housing, said the Malaysia Productivity Corporation (MPC).

KUALA LUMPUR, Sept 21 — The ringgit ended easier against the US dollar today as the greenback advanced on hawkish statements by the US Federal Reserve (US Fed) on interest rates.

KUALA LUMPUR, Sept 21 — The ringgit opened slightly lower against the US dollar this morning after the US Federal Reserve (Fed) decided to pause rate hikes.

KUALA LUMPUR, Sept 20 — The retail price of RON97 petrol will be higher by 10 sen at RM3.47 per litre, while the prices of RON95 petrol and diesel remain unchanged for the week from September 21 to September 27.

KUALA LUMPUR, Sept 20 — The ringgit ended higher against the US dollar today ahead of the US Federal Open Market Committee (FOMC) interest rate decision due later tonight.