KUALA LUMPUR, Sept 14 — The ringgit opened higher against the greenback as the latest US inflation data strengthened hopes that the US Federal Reserve (Fed) would hold interest rates.

KUALA LUMPUR, Sept 13 — The ringgit rose against the Japanese yen but fell against the US dollar ahead of key US inflation data today, analysts said.

KUALA LUMPUR, Sept 13 — The retail prices of RON97 and RON95 petrol, as well as diesel, will remain unchanged from September 14 to September 20.

KUALA LUMPUR, Sept 13 —The ringgit opened higher against the US dollar and major Asean currencies ahead of the release of the United States’ (US) inflation data, supported by soaring oil prices, said an analyst.

KUALA LUMPUR, Sept 12 — The ringgit closed lower against the US dollar in a quiet market tone on better demand for the greenback ahead of the United States (US) Consumer Price Index (CPI) data on Wednesday, said an analyst.

KUALA LUMPUR, Sept 12 — The ringgit opened slightly higher against the US dollar and other major currencies on the rising expectation that the US Federal Reserve (Fed) would not raise interest rates when it meets next week.

KUALA LUMPUR, Sept 11 — The ringgit closed marginally higher against the US dollar on Monday, supported by Malaysia’s latest Industrial Production Index (IPI) data, said an analyst.

KUALA LUMPUR, Sept 11 — RHB Research expects Malaysia’s Industrial Production Index (IPI) to stabilise further in the fourth quarter (4Q) of 2023.

KUALA LUMPUR, Sept 11 — The Federation of Malaysian Manufacturers (FMM) said the country’s manufacturing sector slowed down further in the first half of 2023 (1H2023) and with the global economy tilted towards the downside, the sector’s outlook for the 2H2023 remains cautious.

KUALA LUMPUR, Sept 11 — The Malaysia External Trade Development Corporation (Matrade) is optimistic about achieving sales of RM2.5 billion for this year’s edition of the Malaysia International Halal Showcase (Mihas).

KUALA LUMPUR, Sept 11 — Malaysia's Industrial Production Index (IPI) rebounded to 0.7 per cent year-on-year (y-o-y) in July 2023, spurred by the mining and electricity sectors, said the Department of Statistics Malaysia (DOSM).

KUALA LUMPUR, Sept 11 — Malaysia’s wholesale and retail trade recorded a sales value of RM139.8 billion, a 7.2 per cent increase year-on-year (y-o-y) in July 2023, said the Department of Statistics Malaysia (DOSM).

KUALA LUMPUR, Sept 11 — The sales value of the manufacturing sector rose 2.5 per cent year-on-year (y-o-y) to RM1.03 trillion for the first seven months of 2023, the Department of Statistics Malaysia said.

KUALA LUMPUR, Sept 11 — Private investment is expected to grow by 6.4 per cent per annum or an average of RM301 billion per year in current prices, supported by faster implementation of new and ongoing projects across key economic sectors.

KUALA LUMPUR, Sept 11 — The world economy is projected to grow by 3.1 per cent annually in the remaining 12th Malaysia Plan (12MP) period of 2023 - 2025, driven by emerging markets and developing economies, particularly China, said the Economy Ministry.

KUALA LUMPUR, Sept 11 — The Mid-Term Review of the 12th Malaysia Plan (2021 - 2025) report has outlined aspirations for micro, small and medium enterprises (MSMEs) to overcome barriers, to grow and scale up to stay competitive and resilient, the Ministry of Economy said today.

KUALA LUMPUR, Sept 11 — Malaysia’s economy is on track to grow between 5.0 and 5.5 per cent per annum for the remainder of the 12th Malaysia Plan (12MP), driven by domestic demand, particularly private sector expenditure.

KUALA LUMPUR, Sept 11 — Foreign investors remained net sellers of local stocks on Bursa Malaysia last week, at RM27.7 million, marking a much slower net outflow compared to the RM113.5 million the week before, said MIDF Research.

KUALA LUMPUR, Sept 11 — CIMB Group Holdings Bhd (CIMB) is raising its sustainable finance target to RM100 billion by 2024 under its Green, Social, Sustainable Impact Products and Services (GSSIPS) Framework.

KUALA LUMPUR, Sept 11 — The ringgit opened on a strong note against the US dollar as well as most major Asian and non-Asian currencies, while the market eagerly anticipates the results of the Federal Open Market Committee (FOMC) meeting scheduled from September 19 to September 20.