KUALA LUMPUR, Sept 28 — The ringgit extended its downtrend against the US dollar at the close on Wednesday, along with other regional currencies, as the US Federal Reserve (Fed) pledged to continue with its aggressive monetary policy to fight inflation.

KUALA LUMPUR, Sept 28 — Malaysia has raised close to US$2 billion (US$1= RM4.614) via 21 sustainable and responsible investment (SRI) sukuk issuers from 2015 to 2021, according to the Securities Commission Malaysia (SC).

KUALA LUMPUR, Sept 28 — Penang recorded the highest share of total trade among the states in August from Malaysia’s total trade of RM265.7 billion in the same month, according to the Department of Statistics Malaysia (DOSM).

KUALA LUMPUR, Sept 28 – Maybank will fully migrate to a more secured authentication method via Secure2u by June 2023 for online activities or transactions relating to account opening, fund transfers, and payments as well as changes to personal information and account settings.

KUALA LUMPUR, Sept 28 — The ringgit continued to decline against the US dollar at the opening today as the dollar was supported by recent statements from the United States (US) Federal Reserve (Fed) chair Jerome Powell on taming the US’ inflation.

KUALA LUMPUR, Sept 27 — The ringgit continued to end lower against the US dollar for the fourth consecutive day on a broad strengthening of the greenback as investors sought safe-haven currencies amid rising risk factors, an analyst said.

JAKARTA, Sept 27 – The central banks of Indonesia and Malaysia on Tuesday renewed a local currency bilateral swap arrangement up to 28 trillion rupiah (US$1.85 billion), according to a joint statement.

KUALA LUMPUR, Sept 27 — Three associations representing the local banking industry are in full support of the five key measures to combat financial scams as announced by Bank Negara Malaysia (BNM).

KUALA LUMPUR, Sept 27 — Malaysia needs to continue to focus on its strong fundamentals and pursue fiscal reforms to keep the economy competitive and support the ringgit against the surging US dollar, the World Bank said.

KUALA LUMPUR, Sept 27 — Malaysia-Indonesia trade relations are robust with total trade amounting to RM95.10 billion (US$22.93 billion) in 2021, increasing by 43.5 per cent from 2020.

KUALA LUMPUR, Sept 27 — The World Bank has revised upward its gross domestic product (GDP) growth forecast for Malaysia to 6.4 per cent in 2022 against 5.5 per cent projected earlier on the back of heightened economic activity in the first half of the year (1H22).

KUALA LUMPUR, Sept 26 — The ringgit continued its downtrend against the US dollar in Monday’s closing as reduced investor risk appetite pushed the ringgit to a new 24-year low.

MOSCOW, Sept 26 – The British pound fell by almost three per cent against the US dollar on Monday morning, and hit the record minimum in early trade, according to trading data.

KUALA LUMPUR, Sept 26 – Bursa Malaysia Securities Bhd (Bursa Malaysia) has announced the enhanced sustainability reporting for the listing requirements of the Main Market and ACE Market with the aim to elevate sustainability practices and disclosures of listed issuers.

KUALA LUMPUR, Sept 26 — The ringgit continued to go down against the US dollar on Monday, dragged down by market volatility that was triggered by the recent steep US interest rate increase and the expectation of more hikes to come, said a dealer.

KUALA LUMPUR, Sept 25 Sept — The Malaysia Digital Economy Corporation (MDEC) has urged the government to focus on the development of a gig economy framework or high-value partnerships in Budget 2023 to enable gig workers to receive appropriate guidance.

KUALA LUMPUR, Sept 24 — The Islamic financial technology (fintech) industry in Malaysia has reached maturity and will continue to grow in the coming years through the development of policies, technology and talents to support the ecosystem.

KUALA LUMPUR, Sept 24 — The ringgit is likely to trend lower next week as the recent aggressive interest rate hike by the United States Federal Reserve (Fed) and its signal of more steep hikes going forward will continue to weigh on the currency, said an analyst.

KUALA LUMPUR, Sept 23 — The ringgit continued to weaken against the US dollar, breaching the 4.57 level as the greenback continued to strengthen after the latest interest rate hike by the American central bank.

KUALA LUMPUR, Sept 22 – Malaysia’s inflation rate increased 3.1 per cent from January to August this year, in line with market expectations of 3.2 per cent for 2022.