KUALA LUMPUR, Feb 16 — The ringgit eased against the US dollar for the second consecutive day amid continued sell-off after strong United States (US) retail data propelled bets on the Federal Reserve (Fed) hiking interest rates further.

KUALA LUMPUR, Feb 16 — The Ministry of Plantation and Commodities (KPK) through the Malaysian Rubber Board (LGM) is implementing the latex production incentive (IPL) specifically to encourage rubber smallholders to produce latex.

KUALA LUMPUR, Feb 16 — PropertyGuru Malaysia’s Sale Demand Index dropped 14.8 per cent in the fourth quarter (Q4) 2022, reflecting how potential buyers may still be facing affordability issues or a lack of confidence towards the current property prices on the market.

KUALA LUMPUR, Feb 16 — The ringgit opened lower again today as demand for the US dollar strengthened following US retail sales data which picked up further in January, beating market expectations, analysts said.

KUALA LUMPUR, Feb 15 — The ringgit fell further against the US dollar amid bearish local risk sentiment as investors digested the United States (US) inflation data for January, which pointed to the possibility of a longer string of interest rate hikes.

PUTRAJAYA, Feb 15 — Malaysia is on track to become a high-income nation if economic growth remains at around four to five per cent and the value of the ringgit is stronger, said Economy Minister Rafizi Ramli.

KUALA LUMPUR, Feb 15 — The retail prices of RON97 and RON95 petrol as well as diesel remain unchanged for the period from February 16 to February 22.

PADANG BESAR, Feb 15 — The Domestic Trade and Cost of Living Ministry (KPDN) has suggested the expansion of unsubsidised petrol and diesel stations to all border states.

KUALA LUMPUR, Feb 15 — Bursa Malaysia continued to stay in the red across the board at midday as the overall market sentiment remained weak, weighed down by profit-taking in selected heavyweight stocks, a dealer said.

HONG KONG, Feb 15 — Asian stocks slipped while the US dollar was steadfast on Wednesday, following US inflation data and remarks from central bank officials that have investors worrying interest rates are going to be higher for longer.

KUALA LUMPUR, Feb 15 — The ringgit had eased against the US dollar this morning, as the greenback stayed firm despite the softer United States (US) inflation print for January, said an analyst.

KUALA LUMPUR, Feb 14 — The ringgit ended higher against the weaker US dollar as traders adjust their positions ahead of the United States (US) consumer price index (CPI) data set to be released later today.

KUALA LUMPUR, Feb 14 — The government will strengthen the country's fiscal position by increasing revenue and expenditure rationalisation, as well as introducing more targeted subsidies, identifying new sources of growth and implementing economic structural reforms.

KUALA LUMPUR, Feb 14 — Short-term rates are expected to remain stable today on Bank Negara Malaysia’s (BNM) operations to absorb surplus liquidity from the financial system.

KUALA LUMPUR, Feb 14 — The ringgit reversed its losses yesterday to open stronger against the US dollar, ahead of the expected release of the United States consumer price index (CPI) data for January later today, said an analyst.

KUALA LUMPUR, Feb 13 — The ringgit traded lower against the US dollar on Monday as investors await the US January consumer price index (CPI) figure, the first for the year, scheduled to be released on Tuesday to gauge the Federal Reserve's monetary policy future path.

KUALA LUMPUR, Feb 13 — Foreign investors continued to dispose of Malaysian equities last week to the tune of RM512.3 million — marking the fifth consecutive week of their net selling and bringing their year-to-date net selling to RM119.9 million, said MIDF Research.

KUALA LUMPUR, Feb 13 — The ringgit opened lower against the US dollar today, extending its downtrend from last Friday as concerns over further interest rate increases by the United States Federal Reserve (Fed) weighed on sentiments, analysts said.

KUALA LUMPUR, Feb 13 — Bank Negara Malaysia (BNM) through its Financial Capability and Inclusion Side (FCI 2021 survey) has found that 30 per cent of Malaysians felt that their debts were burdensome, which seems to be a long-term problem among salaried workers in Malaysia.

KUALA LUMPUR, Feb 11 — Bursa Malaysia is likely to trend sideways with slightly positive bias within the 1,470-1,490 range next week after a strong set of 2022 gross domestic product (GDP) data was released on Friday, a dealer said.