KUALA LUMPUR, June 2 — Developing a medium-term revenue strategy remains an urgent priority for Malaysia as the country’s tax revenues are the lowest among the Asean-5 and Organisation for Economic Co-operation and Development (OECD) peers and have been declining, said the International Monetary Fund (IMF).

KUALA LUMPUR, June 2 — IHH Healthcare Bhd has reaffirmed optimism on its overall prospects pending additional beds and initiatives aimed at enhancing segment margins, said Hong Leong Investment Bank (HLIB).

KUALA LUMPUR, June 2 — The ringgit traded higher against the US dollar in the early session today as investors await the release of the United States (US) nonfarm payrolls data later today, said a dealer.

KUALA LUMPUR, June 2 — Panasonic Manufacturing Malaysia Bhd (PMMA) employees affected by the closure of two manufacturing departments in the Shah Alam 1 (SA1) plant were given a Mutual Separation Scheme (MSS) option with a significant number accepting it.

KUALA LUMPUR, June 1 — The ringgit slipped further to end marginally lower against the US dollar today on the lack of catalysts amid a slightly firmer greenback, said an analyst.

SINGAPORE, June 1 — The collective wealth of tycoons on the 2023 Forbes list of Malaysia’s 50 Richest edged up to US$81.6 billion (RM376.1 billion) from US$80.5 billion (RM371.1 billion) last year despite a dip in the stock market, according to Forbes Asia.

KUALA LUMPUR, June 1 — The ringgit traded higher against the US dollar in the early session today following the positive developments on the United States (US) debt limit negotiations.

KUALA LUMPUR, May 31 – Malaysia Airports Holdings Bhd’s (MAHB) network of airports sustained above nine million passenger movements for April 2023 despite the Ramadan period.

KUALA LUMPUR, May 31 –The pressure on the ringgit against the US dollar is hoped to lessen when the US debt ceiling issue is resolved over the next few days, said Deputy Finance Minister I Datuk Seri Ahmad Maslan.

BRUSSELS, May 31 – The European Union (EU) is open for engagement to address issues raised by the Council of Palm Oil Producing Countries (CPOPC) on the unjust European Union Deforestation Regulation (EUDR), which is detrimental to free and fair trade.

BRUSSELS, May 31 – The Malaysian Sustainable Palm Oil (MSPO) certification scheme, introduced in 2013, is constantly evolving and improving, said Deputy Prime Minister and Plantation and Commodities Minister Datuk Seri Fadillah Yusof.

KUALA LUMPUR, May 30 — Malaysia Airports Holdings Bhd (MAHB) remained in the black after posting a net profit of RM58.19 million for the first quarter ended March 31, 2023 (1Q FY2023), compared to a RM104.76 million loss from the previous corresponding quarter.

LANGKAWI, May 30 — The Malaysian Investment Development Authority (Mida) is setting its sights on attracting RM134 million in investments for the aerospace industry by the end of 2023.

KUALA LUMPUR, May 30 — The ringgit continued to retreat against the US dollar in the early session on Tuesday ahead of a decision on the US debt ceiling.

BRUSSELS, May 29 – The government will fight against any discriminatory trade practices against Malaysia’s agricommodity sector, says Deputy Prime Minister and Plantation and Commodities Minister Datuk Seri Fadillah Yusof.

KUALA LUMPUR, May 29 – The Menu Rahmah initiative has successfully contributed to the reduction of the inflation rate of food-outside-the-home prices for the first time since August 2021, said Domestic Trade and Cost of Living Minister Datuk Seri Salahuddin Ayub.

KUALA LUMPUR, May 29 — Malaysia’s Producer Price Index (PPI) declined to -3.0 per cent in April 2023 from -2.9 per cent in March 2023, said the Department of Statistics Malaysia (DOSM).

KUALA LUMPUR, May 29 — The ringgit weakened against the US dollar in the early session on Monday amid the recent United States (US) debt ceiling impasse.

KOTA KINABALU, May 27 — Eight items have been listed as controlled goods under the Kaamatan Festival 2023 Festive Season Maximum Price Control Scheme for seven days, starting today.

KUALA LUMPUR, May 27 — The ringgit is projected to trade in a narrow range next week as the US debt ceiling deadline looms on June 1.