KUALA LUMPUR, Dec 24 — Tenaga Nasional Bhd (TNB) stock remains favourable among analysts given its stable earnings and dividend payout.
KUALA LUMPUR, Dec 24 — The ringgit is likely to trade higher against the US dollar next week, between the 4.41 and 4.43 level, with traders keeping a keen eye on China and the movement of oil prices, said an analyst.
PUTRAJAYA, Dec 23 — An ecosystem based on price data from across the country to inject price elasticity and supply will be developed in an effort to help control inflation in the future.
KUALA LUMPUR, Dec 23 — National carmaker Proton Holdings Bhd has gained a firm foothold in South Africa, having shipped 1,000 units of vehicles to the country just two months after making its official return to the market.
KUALA LUMPUR, Dec 23 — MIDF Research opined that the inflation trend in Malaysia is highly driven by robust consumer demand while indicators for cost inflation have eased in recent months.
KUALA LUMPUR, Dec 23 — The Cabinet has agreed to reduce the basic average tariff for the use of gas facilities to be paid by gas users for the second regulatory period (RP2) starting from January 1, 2023, to December 31, 2025.
KUALA LUMPUR, Dec 23 — The ringgit slipped further against the US dollar at the close today ahead of the long weekend due to the Christmas holiday.
KUALA LUMPUR, Dec 23 — Malaysia, being a major commodity-producing country, is deeply concerned about the European Union (EU) Deforestation-Free Products Regulation targeting commodities such as palm oil, timber, cocoa, and rubber, said Deputy Prime Minister and Minister of Plantation and Commodities Datuk Seri Fadillah Yusof.
kUALA LUMPUR, Dec 23 — The ringgit retreated from yesterday’s gains to open lower against the US dollar on Friday due to the lack of interest in the local currency as the greenback strengthened on the possibility of another interest rate hike by the United States (US) Federal Reserve (Fed), a dealer said.
KUALA LUMPUR, Dec 22 — The ringgit rebounded from five days of losses to end higher against the US dollar on Thursday, as stronger external factors boosted sentiment for the domestic currency, said an analyst.
PUTRAJAYA, Dec 22 — Job vacancies advertised online in the country registered a slight decrease of 5.9 per cent in the third quarter (Q3) of 2022 to record 190,170 vacancies compared with 202,102 posted in the previous quarter (Q2 2022).
KUALA LUMPUR, Dec 22 — Bank Negara Malaysia's (BNM) international reserves widened to US$110.3 billion (RM488.6 billion) as of December 15, 2022, from US$109.7 billion (RM485.9 billion) as of November 30, 2022.
KUALA LUMPUR, Dec 22 — Permodalan Nasional Bhd’s (PNB) wholly-owned unit trust management company, Amanah Saham Nasional Bhd (ASNB), has announced an income distribution of 4.60 sen a unit for its flagship unit trust fund, Amanah Saham Bumiputera (ASB) for the financial year ending December 31, 2022 (FY2022).
KUALA LUMPUR, Dec 22 — The ringgit was slightly higher against the US dollar at the opening today, boosted by buying interest in the local note amidst improving crude oil prices, a dealer said.
KUALA LUMPUR, Dec 21 — The ringgit ended lower against the US dollar for the five consecutive day today, weighed down by further monetary policy tightening by global central banks seen on the horizon.
KUALA LUMPUR, Dec 21 — The government is studying the best measures to reduce the budget deficit which will be announced during the full budget presentation in February 2023.
KUALA LUMPUR, Dec 21 — Recovering from the pandemic, exports of timber industry products rose 3.4 per cent in 2021 to RM20.4 billion supported by both manufactured and agricultural timber products, the Department of Statistics (DOSM) said.
NEW YORK, Dec 21 — The US dollar weakened in late trading on Tuesday, amid strength in Japanese yen reported Xinhua.
KUALA LUMPUR, Dec 21 — Given the ongoing global challenges and the importance of Asian regionalism in the 21st century today, South Korea foresees the Look East Policy (LEP) framework it established with Malaysia in 1983 could be further upgraded.
KUALA LUMPUR, Dec 21 — The ringgit was almost flat against the US dollar in early trade today as investors remained on the sidelines, awaiting fresh leads to move the market.
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