KUALA LUMPUR, Jan 20 — MIDF Research foresees a slower inflation rate for 2023 across all states underpinned by lower food inflation, stable fuel prices and appreciation of the ringgit against the US dollar.

KUALA LUMPUR, Jan 20 — Bank Negara Malaysia’s (BNM) international reserves increased to US$114.9 billion (RM492.9 billion) as of January 13, 2023, from US$114.6 billion (RM491.6 billion) recorded on December 30, 2022.

KUALA LUMPUR, Jan 20 — Malaysia’s inflation eased to 3.8 per cent in December 2022 as compared to 4.0 per cent in November 2022, thanks to a slower increase in the Food & Non-Alcoholic Beverages group, said the Department of Statistics Malaysia (DOSM).

KUALA LUMPUR, Jan 20 — Malaysia's leading index (LI) remained moderate by recording a decrease of 0.4 per cent to 110.5 points in November 2022 compared to 110.9 points in November 2021, according to the Department of Statistics Malaysia (DOSM).

KUALA LUMPUR, Jan 20 — Bank Negara Malaysia (BNM) is likely to pause its interest rate decision and keep the overnight policy rate (OPR) unchanged at 2.75 per cent in the first half of 2023, said research houses today.

KUALA LUMPUR, Jan 20 — The ringgit extended yesterday’s gains to open higher today against the greenback on renewed buying interest.

KUALA LUMPUR, Jan 19 — The one-month operation dubbed Ops Terjah conducted from December 16 last year onwards, has succeeded in solving supply chain disruptions and helped to stabilise prices of basic necessities.

KUALA LUMPUR, Jan 19 — The ringgit closed higher versus the US dollar today, extending yesterday’s gains, after Bank Negara Malaysia (BNM) chose to keep the overnight policy rate (OPR) at 2.75 per cent, putting an end to market speculation about the rate hike cycle.

KUALA LUMPUR, Jan 19 — Bank Negara Malaysia (BNM) made no change in the overnight policy rate in its first monetary policy meeting for 2023, meeting the expectations of some economists and research houses.

PETALING JAYA, Jan 19 — The Malaysian Automotive Association (MAA) has projected the sales of electric vehicles (EVs) to be much higher this year compared to the 2,631 units sold in 2022.

DAVOS, Jan 19 — Intel Corporation (Intel Corp), the US-based chip maker has reiterated its commitment with an investment of over RM30 billion to expand its operations in Penang and in Kulim, Kedah.

KUALA LUMPUR, Jan19 — Bank Negara Malaysia (BNM) has decided to maintain the overnight policy rate (OPR) at 2.75 per cent during its meeting today.

KUALA LUMPUR, Jan 19 — Swedish telecommunication giant Ericsson and Intel, one of the world's largest chipmakers, are set to collaborate in Malaysia on the development of 5G use cases that can accelerate the adoption of new technology for enterprises and digitalisation in the country.

KUALA LUMPUR, Jan 19 — The ringgit retreated from yesterday's gains to open slightly lower against the US dollar today despite a weaker greenback, dragged down by the declining oil price.

KUALA LUMPUR, Jan 18 — The Ministry of Domestic Trade and Cost of Living (KPDN) will cut red tape in the application process of local and international companies to conduct business activities in the country.

KUALA LUMPUR, Jan 18 — The retail prices of RON97 and RON95 petrol, and diesel will remain unchanged for the period from January 19 to January 25.

KUALA LUMPUR, Jan 18 — The ringgit closed higher against the US dollar as foreign exchange traders reacted to the dollar’s peak and kept an eye on China’s economic opening, which will continue to support the ringgit in the event of any weakness.

DAVOS, Jan 18 — Although global trade is expected to hit a record US$32 trillion (RM138.6 trillion) in 2022, the outlook is rather gloomy for 2023 due to continuing geopolitical tensions, high energy prices, rising interest rates and persistent inflation, International Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz said.

KUALA LUMPUR, Jan 18 — Malaysia’s trade performance in 2022 surpassed RM2 trillion for the second consecutive year and registered the fastest growth since 1994, with exports expanding 25 per cent to RM1.55 trillion.

KUALA LUMPUR, Jan 18 — The ringgit opened marginally lower against the US dollar today ahead of the overnight policy rate (OPR) decision by Bank Negara Malaysia’s (BNM) Monetary Policy Committee on Thursday.