KUALA LUMPUR, Aug 29 — Malaysia’s Producer Price Index (PPI) for local production, which measures the costs of goods at the factory gate, eased to 7.6 per cent year-on-year (y-o-y) in July 2022 from 10.9 per cent y-o-y in June 2022, said the Department of Statistics Malaysia (DOSM).

KUALA LUMPUR, Aug 29 — Malaysia’s Consumer Price Index (CPI) increased by 4.4 per cent year-on-year (y-o-y) to 127.9 in July 2022 compared to 122.5 in the same month of the preceding year.

KUALA LUMPUR, Aug 29 — The ringgit opened lower against the US dollar on Monday due to the lack of buying interest, said a dealer.

PUTRAJAYA, Aug 28 — The government has agreed to continue with the ceiling price for standard chicken at RM9.40 per kg, said Domestic Trade and Consumer Affairs Minister Datuk Seri Alexander Nanta Linggi.

KUALA LUMPUR, Aug 28 — Malaysia has been ranked as the world's third most competitive Global Business Services (GBS) location, behind India and China, according to an index by global consulting firm Kearney.

REUTERS, Aug 27 — Budget carrier AirAsia plans to resume deliveries of 362 Airbus SE A321neos remaining on order starting in 2024, the chief executive of parent Capital A Bhd said, having postponed the arrivals during the pandemic.

KUALA LUMPUR, Aug 27 — The ringgit is expected to trade on an upward bias against the US dollar next week due to apprehension towards the decision to further hike interest rates by the Federal Reserve (Fed), said an analyst.

By Nasuha Badrul Huzaini SHAH ALAM, Aug 27 — The First Selangor Plan (RS-1) gives the state government a clear direction for where it wants to take its economy, says Senior Fellow and Director of the Economic Studies Programme (Southeast Asia) at the Jeffrey Cheah Institute, Sunway University,...

KUALA LUMPUR, Aug 26 — The ringgit extended yesterday's gains to end the week higher against the US dollar today, boosted by a rally in the oil market which lifted benchmark Brent crude above the US$100 level again.

KUALA LUMPUR, Aug 26 — The Department of Statistics Malaysia (DOSM) said Selangor, Penang, Johor, Sarawak and the Federal Territory of Kuala Lumpur remained the top five exporting states in July 2022.

KUALA LUMPUR, Aug 26 — Malaysia's leading index (LI) rebounded 5.3 per cent year-on-year (y-o-y) to 111.7 points in June 2022 after a rise of 2.3 per cent in May 2022 to 111.3 points, signalling confidence towards further economic growth.

KUALA LUMPUR, Aug 26 — The ringgit eased against the US dollar in the early session today due to the lack of catalysts, said a dealer.

KUALA LUMPUR, Aug 26 — The US Federal Reserve (Fed) still has more room to manoeuvre its monetary policy to fight inflation pressure, Synergy Link Capital Pte partner and director Andy Tan said.

KUALA LUMPUR, Aug 25 — The government will continue to ensure the chicken supply for domestic consumers remains sufficient, says Special Task Force on Jihad Against Inflation chairman Tan Sri Annuar Musa.

KUALA LUMPUR, Aug 25 — The ringgit extended yesterday's gains to end higher against the US dollar today, boosted by steady oil prices, said an analyst.

KUALA LUMPUR, Aug 25 — Business sentiment continued to be positive for the third quarter (Q3) of 2022 with the confidence indicator of +4.7 per cent compared to +3.5 per cent in the previous quarter (Q2), according to the Department of Statistics Malaysia's (DOSM) latest business tendency statistics.

KUALA LUMPUR, Aug 25 — Malaysia's leading index (LI) rebounded 5.3 per cent year-on-year (y-o-y) to 111.7 points in June 2022 after a rise of 2.3 per cent in May 2022 (111.3 points), said the Department of Statistics Malaysia (DOSM).

KUALA LUMPUR, Aug 25 — The ringgit continued to remain higher against the US dollar this morning, following the release of the United States (US) Pending Home Sales data which remained in the negative territory despite a better-than-expected reading, a dealer said.

KUALA LUMPUR, Aug 24 — The ringgit closed slightly higher against the US dollar today as oil gains, boosted by possible production cuts by the Organisation of the Petroleum Exporting Countries (OPEC)+, said a dealer.

KUALA LUMPUR, Aug 24 — The retail price of RON97 petrol will drop by five sen from RM4.35 to RM4.30 per litre while RON95 and diesel will remain unchanged from August 25 to August 31.