KUALA LUMPUR, April 1 — HSBC will continue to work with the Malaysian government to build the ecosystem and administration essential to attract more foreign direct investment (FDI) from China.

KUALA LUMPUR, April 1 — With the United Kingdom’s (UK) eventual accession into the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), Malaysian exporters will stand to benefit from additional preferential access into UK’s market, said International Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.

KUALA LUMPUR, April 1 — The ringgit is likely to trade on a bullish bias next week, below the RM4.40 level within the 4.3925 - 4.4175 range against the US dollar, said an analyst.

KUALA LUMPUR, March 31 — The ringgit ended the final day of the week on a higher note against the US dollar today amid volatility in the foreign exchange market.

PUTRAJAYA, March 31 — The soon-to-be-implemented targeted subsidy for diesel will not be applied to school buses and public transport, so as to avoid fare hikes, Deputy Finance Minister Datuk Seri Ahmad Maslan said.

PUTRAJAYA, March 31 — The Domestic Trade and Cost of Living Ministry (KPDN) has guaranteed a sufficient supply of chicken and eggs throughout the month of Ramadan ahead of the Hari Raya Aidilfitri celebration.

KUALA LUMPUR, March 31 — MIDF Research expects the appreciating ringgit trend to continue and average stronger at RM4.20 and end the year at around RM4.00 against the US dollar, supported by the upbeat domestic economy.

KUALA LUMPUR, March 31 — The Companies Commission of Malaysia (SSM) has announced three initiatives related to compound reduction this year and the continuation of five existing initiatives with some improvements in line with the government's efforts to contribute to the recovery of the country's economy after the Covid-19 pandemic.

KUALA LUMPUR, March 31 — Bank Negara Malaysia (BNM) and the Monetary Authority of Singapore (MAS) have launched a cross-border QR code payment linkage between Malaysia and Singapore.

KUALA LUMPUR, March 31 — The ringgit opened higher against the weakening greenback ahead of the release of the United States (US) core personal consumption expenditure (core PCE) inflation data later today, said an analyst.

KUALA LUMPUR, March 30 — The ringgit closed lower against the greenback on lack of new catalysts despite the US Dollar Index (DXY) moving downward by 0.2 per cent, said an analyst.

KUALA LUMPUR, March 30 — Permodalan Nasional Bhd’s (PNB) wholly-owned unit trust management company Amanah Saham Nasional Bhd (ASNB) has announced a total income distribution payout of RM1.64 billion for the financial year ending March 31, 2023.

KUALA LUMPUR, March 30 — The Malaysian Investment Development Authority (Mida) has entered into a memorandum of understanding (MoU) with DHL Express Malaysia to strengthen the country’s position as an ideal destination for high-quality foreign direct investment (FDI).

KUALA LUMPUR, March 30 — The government has implemented a three-year strategy to study the country’s taxation system to make it more organised in the long term, said Deputy Finance Minister 1 Datuk Seri Ahmad Maslan.

KUALA LUMPUR, March 30 — Malaysia’s note counterfeiting index has steadily declined to 0.3 parts per million (ppm) in 2022 from a peak of 1.9 ppm in 2015, equivalent to only three pieces of counterfeits for every ten million pieces of currency notes in circulation.

KUALA LUMPUR, March 30 — The ringgit opened lower against the greenback as the US Dollar Index (DXY) was slightly higher by 0.20 per cent to 102.64 overnight, said an analyst.

KUALA LUMPUR, March 29 — Malaysia's currency in circulation (CIC) grew by 8.0 per cent to RM162.1 billion in 2022 from RM150.1 billion in 2021, compared to a record high of 15.1 per cent in 2021.

KUALA LUMPUR, March 29 — The Monetary Policy Committee’s (MPC) monetary policy considerations will focus on managing inflation risks while supporting sustainable economic growth in 2023, said Bank Negara Malaysia (BNM).

KUALA LUMPUR, March 29 — Bank Negara Malaysia’s (BNM) total assets increased to RM619.04 billion as at December 31, 2022, as compared with RM551.61 billion the year before, with RM503.33 billion of international reserves portfolio constituting the bulk (81 per cent) of the assets.

KUALA LUMPUR, March 29 — E-payment transactions grew by 31.5 per cent to 9.5 billion in 2022 compared to 7.2 billion in 2021, in line with the continued expansion in private consumption following the recovery in business and tourism activities.