KUALA LUMPUR, July 4 — Malaysia’s air passenger traffic recovery is expected to gather pace in the second half (H2) of 2023 to reach 85 per cent of the pre-pandemic levels for the full year, said MIDF Research.

KUALA LUMPUR, July 4 — Malaysia's central bank will leave its key interest rate unchanged at 3.00 per cent on Thursday (July 6), and keep it there for the rest of the year, marking the end of its modest tightening cycle as inflation has shown signs of cooling, a Reuters poll found.

KUALA LUMPUR, July 4 — A total of seven out of 10 Malaysian consumers are now actively using contactless card payments system as part of the effort towards becoming a cashless society, said the global leader in digital payment, Visa Inc.

KUALA LUMPUR, July 4 — The ringgit opened slightly higher against the US dollar on Tuesday after the release of the United States (US) ISM manufacturing purchasing managers' index which came in lower than expected at 46.0 points in June, said an economist.

KUALA LUMPUR, July 3 — The ringgit ended almost unchanged against the US dollar on Monday, amid growing concerns of a global economic slowdown, an economist said.

PUTRAJAYA, July 3 — Efforts to strengthen the value of the ringgit should involve several government ministries and not solely depend on the Finance Ministry alone, said Deputy Finance Minister Datuk Seri Ahmad Maslan.

KUALA LUMPUR, July 3 — The ringgit continues its upward momentum to open marginally higher against the US dollar on Monday as the local note seemed to have been stabilised by the Bank Negara Malaysia’s (BNM) intervention, said an analyst.

KUALA LUMPUR, June 30 – The ringgit opened lower this morning against the US dollar as the greenback strengthened on the back of strong US economic data, increasing the likelihood that US interest rates will stay higher for longer.

KUALA LUMPUR, June 28 — The ringgit ended lower today due to strong US economic data overnight that saw the broader dollar clawing back some gains, said an analyst.

KUALA LUMPUR, June 28 — Malaysia needs to develop a Future Skills Framework (FSF) for the financial sector, which would serve as a single point of reference on future skills and career development pathways for those working or aspiring to work in financial services.

PUTRAJAYA, June 28 — Intervention in the foreign exchange (forex) market is a normal and routine matter for Bank Negara Malaysia (BNM), which continuously monitors capital inflows and outflows, said Economy Minister Rafizi Ramli.

KUALA LUMPUR, June 28 — The retail prices of RON97 and RON95 petrol as well as diesel will remain unchanged for the June 29 to July 5 period, the Ministry of Finance (MOF) said.

KUALA LUMPUR, June 28 — Malaysia’s export and import unit value indices declined 0.2 per cent in May 2023, with exports falling to 141.7 points against 141.9 points in April while imports fell to 127.9 points from 128.2 points, said the Statistics Department Malaysia (DOSM).

KUALA LUMPUR, June 28 — Penang, Johor, Selangor, Sarawak and Kuala Lumpur emerged as the top five exporters in May 2023, contributing 82.5 per cent of Malaysia’s total exports of RM119.6 billion for the month, said the Department of Statistics Malaysia (DOSM).

KUALA LUMPUR, June 28 — MIDF Research forecasts headline Consumer Price Index (CPI) inflation to moderate to 3.0 per cent in 2023 from 3.4 per cent last year with upward price pressures from food inflation and increased demand.

Ringgit extends gains vs US dollar at opening KUALA LUMPUR, June 28 — The ringgit extended its gains to open higher this morning, amidst positive developments in the Asian foreign exchange (forex) market. Risk appetites improved after Malaysia and China’s central banks moved to stop the slide...

KUALA LUMPUR, June 27 — The ringgit ended higher against the US dollar for the second straight day as risk appetite improved after both the central banks of Malaysia and China moved to stop the slide in their respective currencies.

KOTA KINABALU, June 27 — Success in lowering the fiscal deficit to the targeted 3.5 per cent of gross domestic product by end-2025 will signal that the national debt will decrease in the years that follow, said Economy Minister Rafizi Ramli.

KUALA LUMPUR, June 27 — Malaysia's Producer Price Index (PPI) contracted at a faster pace of 4.6 per cent year-on-year (y-o-y) in May 2023 compared with the 3.0 per cent drop posted in the preceding month.

By Sharifah Pirdaus Syed Ali KUALA LUMPUR, June 27 — The ringgit continued its positive movement to open marginally higher against the US dollar today on the back of a slight retracement of the greenback against major currencies. However, the US dollar continues to appeal as a safe-haven...