KUALA LUMPUR, March 9 — Short-term interbank rates closed steady today on Bank Negara Malaysia’s (BNM) operations to absorb surplus liquidity from the financial system.

KUALA LUMPUR, March 9 — The Monetary Policy Committee (MPC) of Bank Negara Malaysia (BNM) has decided to maintain the overnight policy rate (OPR) at 2.75 per cent at its meeting today.

KUALA LUMPUR, March 9 — The ringgit opened marginally higher against the US dollar today, recovering from its sharp fall yesterday after the US dollar surged due to the likelihood of the United States (US) Federal Reserve (Fed) raising the interest rate.

KUALA LUMPUR, March 8 — Malaysia continues to attract high-impact investments that will bring about spillover effects to the economy over the medium and long term, said Maybank group president and chief executive officer (CEO) Datuk Khairussaleh Ramli.

KUALA LUMPUR, March 8 — The government is targeting a 20 per cent growth in foreign direct investment (FDI) and domestic direct investment (DDI) this year, up from the RM163.3 billion and RM101.3 billion recorded in 2022, respectively.

KUALA LUMPUR, March 8 — Bursa Malaysia Derivatives Bhd (BMD) marked a historical record for crude palm oil futures (FCPO) trading volume in 2022, with 16.2 million contracts or equivalent to 405 million tonnes of palm oil traded through the exchange.

KUALA LUMPUR, March 8 — Bursa Malaysia and the London Stock Exchange Group (LSEG) will be rolling out a Centralised Sustainability Reporting platform next month.

KUALA LUMPUR, March 8 — The Malaysian Investment Development Authority (Mida) has a number of promising projects in the works with potential investments totalling RM14.6 billion.

KUALA LUMPUR, March 8 — Perusahaan Otomobil Kedua Sdn Bhd (Perodua), its suppliers and dealers were on overdrive in the first two months of 2023 (2M 2023), as both production and sales recorded double-digit growth.

KUALA LUMPUR, March 8 — Malaysia's approved investments amounted to RM264.6 billion in 2022, with the services sector accounting for the largest share of the pie, followed by the manufacturing and primary sectors.

KUALA LUMPUR, March 8 — The ringgit retreated from previous days' gains to open lower against the US dollar today as the greenback strengthened following the United States (US) Federal Reserve’s (Fed) hawkish Semiannual Monetary Report to the US Congress, an analyst said.

KUALA LUMPUR, March 7 — Malaysia has successfully attracted a total investment of RM1.1 trillion from 2018 to September 2022.

KUALA LUMPUR, March 7 — Sime Darby Plantation Bhd (SDP) aims to be the anchor for utilising mechanisation, automation and digitalisation in the oil palm plantation as the country aspires to reduce its dependency on foreign labour.

KUALA LUMPUR, March 7 — Demand for Syariah-compliant instruments is expected to continue to rise in 2023, supported by strong economic growth amid robust oil prices and ambitious development agendas in core Islamic markets, said Moody’s Investors Service.

KUALA LUMPUR, March 7 — Bank Negara Malaysia’s (BNM) international reserves amounted to US$114.3 billion (US$1=RM4.47) as at February 28, 2023.

KUALA LUMPUR, March 7 — Bank Negara Malaysia (BNM) is expected to keep the overnight policy rate (OPR) unchanged at 2.75 per cent in the upcoming Monetary Policy Committee (MPC) meeting on Thursday, said Standard Chartered Bank (Singapore) Ltd.

KUALA LUMPUR, March 7 — The ringgit opened marginally higher against the US dollar today as the greenback took a breather following a small pullback in Treasury yields yesterday and ahead of the United States (US) Federal Reserve’s (Fed) Semiannual Monetary Report to Congress, said an analyst.

KUALA LUMPUR, March 6 — The ringgit closed marginally higher against the US dollar today on renewed buying interest amid slightly easing demand for the greenback due to softer US Treasury yields, said an analyst.

KUALA LUMPUR, March 6 — Bursa Malaysia bucked the regional trend to end slightly lower, dragged down by last minute selling of selected heavyweight stocks.

KUALA LUMPUR, March 6 — Short-term interbank rates closed steady today on Bank Negara Malaysia’s (BNM) operations to absorb surplus liquidity from the financial system.