KUALA LUMPUR, May 20 — The ringgit opened marginally lower against the US dollar today as traders remained cautious ahead of a possible interest rate cut by the United States Federal Reserve (Fed), an analyst said.

KUALA LUMPUR, May 19 — The ringgit ended higher against the United States (US) dollar today, supported by a weaker US Dollar Index (DXY), which fell 0.71 per cent to 100.376 following a downgrade of the United States government's sovereign credit rating.

KUALA LUMPUR, May 19 — Permodalan Nasional Bhd (PNB) paid out a total of RM14.5 billion in income and bonus distribution to unitholders for its 18 fixed price funds (FP) and variable price funds (VP) for the financial year ended December 31, 2024 (FY2024) against RM13.3 billion in the previous year.

By Media Selangor Team PUTRAJAYA, May 19 — Airbus has strengthened its footprint in Malaysia with the launch of a new office in Putrajaya, cementing its long-term commitment to the country ahead of the upcoming Langkawi International Maritime and Aerospace Exhibition (LIMA) 2025. The new...

KUALA LUMPUR, May 19 — Australia is negotiating with Malaysia on a strategic partnership to boost its halal meat export industry.

KUALA LUMPUR, May 19 — Foreign investors continued their streak of net inflows on Bursa Malaysia, extending to a four-week buying streak, recording a net inflow of RM1.68 billion last week, nearly four times higher than the previous week’s inflow of RM422.6 million.

KUALA LUMPUR, May 19 — The ringgit opened higher today against the US dollar buoyed by Moody’s Ratings recent downgrade of the US credit rating on concerns over rising debt.

ALOR SETAR, May 18 — Sixty thousand ferry tickets for routes between Kuala Perlis/Kuala Kedah and Langkawi have been sold ahead of the Langkawi International Maritime and Aerospace Exhibition 2025 (LIMA’25), which starts Tuesday.

SEPANG, May 18 — Giant pandas Fu Wa (named Xing Xing in Malaysia) and Feng Yi (called Liang Liang in Malaysia) were sent home to China today, concluding their stay in Malaysia since May 21, 2014, under the terms of the International Giant Panda Conservation Cooperation.

KUALA LUMPUR, May 18 — A sales and exhibition fair showcasing various local products, government services, and activities will open at the Kuala Lumpur Convention Centre (KLCC) in conjunction with the 46th Asean Summit.

BEIJING, May 18 — The ongoing Rasa Malaysia Festival in Beijing is set to generate between ¥3 million and ¥5 million (about RM3 million) in revenue, with more than 50 Malaysian firms showcasing local delicacies, tropical fruits, and cultural crafts.

KUALA LUMPUR, May 18 — Malaysia-Russia cooperation in the scientific field and higher education will be expanded at the 4th Joint Commission for Economic, Scientific, Technical and Cultural Cooperation (JC-ESTC) meeting in Langkawi in November.

KAZAN, May 18 — Asean countries are looking to revive the idea of creating their own monetary fund, said Prime Minister Datuk Seri Anwar Ibrahim.

JEJU (South Korea), May 17 — Malaysia today reiterated its commitment to fostering a resilient, inclusive, and future-ready trade environment during the 31st Asia-Pacific Economic Cooperation (Apec) Ministers Responsible for Trade (MRT) Meeting, which just concluded in Jeju, South Korea.

KUALA LUMPUR, May 17 — The ringgit’s outlook remains positive going into next week, with the currency expected to hover in the 4.26-4.29 range against the US dollar, according to SPI Asset Management managing partner Stephen Innes.

KUALA LUMPUR, May 16 — RHB Investment Bank Bhd (RHB IB) has maintained its 2025 gross domestic product (GDP) forecast at 4.5 per cent year-on-year (YoY), despite Malaysia’s first quarter 2025 (1Q 2025) GDP growth data coming in slightly lower than expected at 4.4 per cent.

KUALA LUMPUR, May 16 — The ringgit closed lower against the United States (US) dollar on Friday as cautious sentiment on the local note offset a weaker greenback following softer economic data in the US.

KUALA LUMPUR, May 16 — No decision has been made yet regarding the overnight policy rate (OPR) cuts, but Bank Negara Malaysia (BNM) will ensure that its monetary policy stance remains conducive to sustainable economic growth amid price stability, said BNM governor Datuk Seri Abdul Rasheed Ghaffour.

KUALA LUMPUR, May 16 — Headline inflation is expected to remain moderate at below three per cent in 2025, given the further easing in global cost conditions and the absence of excessive demand conditions, said Bank Negara Malaysia (BNM) Governor Datuk Abdul Rasheed Ghaffour.

KUALA LUMPUR, May 16 — Bank Negara Malaysia (BNM) acknowledges the need to revise the gross domestic product (GDP) growth forecast for 2025 amid the global economic uncertainty, but prefers to avoid making revisions based on assumptions, said its governor Datuk Seri Abdul Rasheed Ghaffour.