PUTRAJAYA, Jan 17 — The shortfall in egg supply in the country was reduced to just one million in December last year after the government allowed eggs to be imported as a temporary measure, said Agriculture and Food Security Minister Mohamad Sabu.
KUALA LUMPUR, Jan 17 — The ringgit ended lower against the US dollar today amid mild profit-taking in Asian currency markets as investors digested China’s weak economic data, a dealer said.
PUTRAJAYA, Jan 17 — Budget 2023, scheduled to be presented again in Parliament on February 24, will not be tied to the budget presented by the previous government in October 2022, said Prime Minister Datuk Seri Anwar Ibrahim.
PUTRAJAYA, Jan 17 — The national debt, including liabilities, has hit RM1.5 trillion and needs to be urgently addressed, according to Prime Minister Datuk Seri Anwar Ibrahim.
KUALA LUMPUR, Jan 17 — Malaysia and Indonesia need to go beyond the focus on the standardisation of halal certificates and build the halal economy ecosystem to become bigger players in the global halal industry.
KUALA LUMPUR, Jan 17 — The ringgit reversed from yesterday’s gains to open slightly lower against the US dollar amid stronger sentiment for the greenback as traders remained cautious ahead of Bank Negara Malaysia’s (BNM) two-day monetary policy committee (MPC) meeting starting tomorrow.
KUALA LUMPUR, Jan 16 — The ringgit maintained its strength against the US dollar after lower US inflation data led to expectations that the US Federal Reserve (Fed) would scale back a 25-basis point interest rate hike, prompting Malaysian exporters to reduce greenback holdings.
KUALA LUMPUR, Jan 16 — Automotive players with US dollar-denominated imports are expected to benefit from a stronger ringgit as a weaker greenback effectively reduces import costs, said MIDF Research.
KUALA LUMPUR, Jan 16 — The ringgit continued its positive momentum this morning to open slightly higher against the greenback on the expectation of a US Federal Reserve (Fed) downshift to a 25 basis points interest rate hike.
KUALA LUMPUR, Jan 14 — A better financial management in 2023 will be able to restore the business and investment sentiments in Malaysia and its impact will indirectly be felt by the people in about one year, said Economy Minister Mohd Rafizi Ramli.
KUALA LUMPUR, Jan 14 — Malaysia, the world's second-largest palm oil producer, on Thursday said it might stop palm exports to the European Union after the bloc imposed additional import restrictions on the edible oil due to concerns over deforestation.
KUALA LUMPUR, Jan 13 — Bank Negara Malaysia (BNM) has reappointed Nor Zahidi Alias as an external member of the monetary policy committee (MPC) for a three-year term effective January 1, 2023.
KUALA LUMPUR, Jan 13 — The ringgit steadied near its strongest level in nearly 10 months against the US dollar after softer US inflation data drove up bets that the Federal Reserve will be less aggressive with its rate hikes soon.
ALOR SETAR, Jan 13 — The ceiling price of RM9.40 per kg for standard chicken in the market will be reviewed to ensure that people get the protein source at a more stable price.
KUALA LUMPUR, Jan 13 — Malaysia’s natural rubber (NR) production decreased by eight per cent year-on-year to 28,048 tonnes in November 2022 from 30,493 tonnes in the same month last year, the Department of Statistics Malaysia (DOSM) said.
KUALA LUMPUR, Jan 13 — Bursa Malaysia opened higher on Friday on positive sentiment after the latest US Consumer Price Index (CPI) figures showed inflation in the United States has continued to decline, spurring hopes for softer interest rates going forward.
KUALA LUMPUR, Jan 13 — The ringgit jumped to a 10-month high against the greenback in anticipation of softer interest rate hikes in the United States going forward after the latest US inflation data showed a declining trend.
NEW DELHI, Jan 12 — India imported 312,267 tonnes of palm oil from Malaysia in December 2022 while its overall global edible oil imports during the month topped 1.5 million tonnes.
KUALA LUMPUR, Jan 12 — Growing optimism about slower interest rate hikes continued to heed the ringgit to end at a nine-month high on Thursday.
PUTRAJAYA, Jan 12 — The government plans to expedite high-impact projects, especially those which are related to food security, food value chain, renewable energy and green technology in the upcoming revised Budget 2023, said Economy Minister Rafizi Ramli.
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