KUALA LUMPUR, June 26 — Malaysia’s exports are projected to hit USD425 billion (USD1=RM4.68) by 2030 at an annual growth rate of 6.8 per cent, said Standard Chartered.

KUALA LUMPUR, June 26 — The increase in investment limit for Amanah Saham Bumiputera (ASB), Amanah Saham Bumiputera 2 (ASB 2) and Amanah Saham Malaysia (ASM) has brought in new money totalling RM3.5 billion in the last three months.

KUALA LUMPUR, June 26 — The ringgit opened marginally better against the US dollar today despite the further strengthening of the greenback’s appeal as a safe haven currency following the chaos in Russia over the weekend, dealers said.

KUALA LUMPUR, June 25 – Khazanah Nasional Bhd (Khazanah) is set to create a new green investment platform to attract more direct investment locally and from abroad, says Prime Minister Datuk Seri Anwar Ibrahim.

NANNING, June 24 — Malaysian businesses and investors must be prepared to compete for investment opportunities from or in China.

KUALA LUMPUR, June 24 — The ringgit is anticipated to continue to slide against the US dollar next week as global economic uncertainty contributes to volatility in the emerging currency market, including the ringgit.

KUALA LUMPUR, June 23 — External pressures continue to weigh on the ringgit, causing it to close lower against the US dollar on the last trading day for the week.

KUALA LUMPUR, June 23 — OCBC Bank expects the headline inflation to ease to 2.9 per cent in 2023 from 3.4 per cent in 2022, while core inflation remains stable at 3.0 per cent.

KUALA LUMPUR, June 23 — Malaysia’s inflation eased further in May 2023 with the consumer price index (CPI) slowing to 2.8 per cent from 3.3 per cent in the previous month, said the Department of Statistics Malaysia (DOSM).

KUALA LUMPUR, June 23 — The Leading Index (LI) for Malaysia declined further to negative 2.7 per cent, registering 108.4 points in April 2023 from 111.4 points in the preceding year, said the Department of Statistics Malaysia (DOSM).

KUALA LUMPUR, June 23 — The ringgit continued its downtrend to open lower against the US dollar on Friday after the greenback continued to strengthen on encouraging economic data, an economist said.

KUALA LUMPUR, June 22 — The United States Federal Reserve's (US Fed) chair Jerome Powell’s testimony before the House Financial Services Committee on combating US inflation and hints at raising interest rates has caused the ringgit to close lower against the US dollar today, marking its fourth consecutive day of decline.

PUTRAJAYA, June 22 — The two main sugar-producing companies in Malaysia, MSM Malaysia Holdings Bhd (MSM) and Central Sugars Refinery Sdn Bhd (CSR), have been instructed to provide daily sugar production reports since May to ensure there are no disruptions in the supply of the commodity in the country.

KUALA LUMPUR, June 22 — The international reserves of Bank Negara Malaysia (BNM) amounted to US$113 billion as at June 15, 2023, the central bank said.

KUALA LUMPUR, June 22 — The Malaysian palm oil industry is poised to capitalise on the vast opportunities offered by the Philippines, Vietnam, and Myanmar, following a two-day trade and networking session hosted by the Malaysian Palm Oil Council (MPOC) this week.

KUALA LUMPUR, June 22 — Malaysia’s total trade in services accounted for RM336.9 billion in 2022, contributing 18.8 per cent to the gross domestic product (GDP at current prices), said the Department of Statistics Malaysia (DOSM).

KUALA LUMPUR, June 22 — The ringgit pared its losses to open flat against the US dollar today amid hawkish comments from the Federal Reserve (Fed) on a possible rate hike in the United States (US).

KUALA LUMPUR, June 21 — The ringgit ended lower against the US dollar for the third consecutive day today as global uncertainties continue to weigh on the local currency's performance, particularly in light of the US Federal Reserve (Fed) chairman Jerome Powell's expected hawkish bias in his congressional testimony later today and fading optimism about China's economy.

KUALA LUMPUR, June 21 — Banking and financial practitioners will discuss the issues, challenges and opportunities in effecting a just transition in this critical decade for climate action at the Malaysian Banking Conference (MBC) next week.

KUALA LUMPUR, June 21 — The retail prices of RON97 and RON95 petrol as well as diesel will remain unchanged for the June 22 to June 28 period, the Ministry of Finance (MOF) said.