KUALA LUMPUR, March 29 — Activity in the housing market continued to be robust in the second half (2H) of 2022, following the resumption of economic activities and improved employment conditions, said Bank Negara Malaysia (BNM).

KUALA LUMPUR, March 29 — Despite moderating in the fourth quarter (4Q) of 2022, headline inflation is expected to remain elevated in 2023, said Bank Negara Malaysia (BNM).

KUALA LUMPUR, March 29 — The Malaysian economy is projected to grow between 4.0 per cent and 5.0 per cent in 2023, supported by firm domestic demand amidst challenges rising from slowing global growth, said Bank Negara Malaysia (BNM).

KUALA LUMPUR, March 29 — The ringgit extended its positive momentum to open slightly higher against the US dollar in the early session today, said an analyst.

KUALA LUMPUR, March 28 — The government is in active negotiations to secure 426 potential projects involving aggregate domestic direct investment (DDI) and foreign direct investment (FDI) of RM107.6 billion, said the Ministry of International Trade and Industry (Miti).

KUALA LUMPUR, March 28 — Malaysia’s import unit value index showed a positive trend month-on-month (m-o-m) with a 0.6 per cent growth to 128.7 points in February 2023 from 128.0 points in January 2023.

KUALA LUMPUR, March 28 — The ringgit opened higher against the US dollar on renewed demand for the local currency ahead of Bank Negara Malaysia’s (BNM) annual report on March 29 and the release of US consumer confidence data later today, said an analyst.

KUALA LUMPUR, March 27 — The Producer Price Index (PPI) for local production, which measures prices of goods at factory gate, shrank 0.8 per cent year-on-year (y-o-y) in February 2023 against a 1.3 per cent growth in January 2023, the Department of Statistics Malaysia (DOSM) reported today.

KUALA LUMPUR, March 27 — The Securities Commission (SC) expects Malaysia’s capital market to stabilise in the second half of 2023 (2H 2023) on the back of good fundamental and political stability.

KUALA LUMPUR, March 27 — The ringgit was traded slightly lower against the US dollar in the early session today due to escalating market uncertainties, according to an economist.

KUALA LUMPUR, March 25 — The Ministry of Domestic Trade and Cost of Living (KPDN) will conduct an impact study on the Payung Rahmah initiative this June.

KUALA LUMPUR, March 24 — The ringgit retreated from four consecutive days of gains to close lower against the US dollar on Friday on mild profit-taking after the sharp appreciation recently, an economist said.

KUALA LUMPUR, March 24 — MIDF Research has slightly raised its headline inflation projection by 0.2 points to 2.5 per cent for 2023, following a higher food price growth forecast of 4.5 per cent from 4.0 per cent previously.

KUALA LUMPUR, March 24 — Malaysia’s Consumer Price Index (CPI) for February 2023 remained unchanged at 129.8 or 3.7 per cent, said the Department of Statistics Malaysia (DOSM).

KUALA LUMPUR, March 24 — Malaysia’s near-term economic growth is expected to face challenges with the leading index (LI) decreasing 1.5 per cent to 108.5 points in January 2023 from 110.2 points in January 2022, according to the Department of Statistics Malaysia (DOSM).

KUALA LUMPUR, March 24 — The adoption of digitalisation has proved to be a game-changer for small-and-medium-enterprises (SMEs) in Malaysia which helped them to overcome the challenges posed by the Covid-19 pandemic while positioning themselves for long-term success.

KUALA LUMPUR, March 24 — MIDF Amanah Investment Bank Bhd (MIDF) has revised its 2023 forecast total industry volume (TIV) for the automotive sector upward by 5.0 per cent to 713,000 units, premised on the industry’s order backlog.

KUALA LUMPUR, March 24 — The ringgit was traded slightly lower against the US dollar in the early session today, as some investors took advantage of the weaker greenback, dealers said.

KUALA LUMPUR, March 23 — The ringgit jumped against the US dollar today as its winning streak continued for the fourth consecutive day after the US Federal Reserve (Fed) signalled a more dovish monetary stance going forward.

KUALA LUMPUR, 23 March — Malaysia’s manufacturing sector recorded a strong growth of 17.4 per cent in gross output to RM1.61 trillion in 2021 from RM1.37 trillion in the year before, said the Department of Statistics Malaysia (DOSM).