KUALA LUMPUR, May 9 — Bursa Malaysia rebounded from yesterday’s losses to open higher, boosted by renewed buying interest in selected heavyweights, which is in line with positive momentum on the regional market, an analyst said.
KUALA LUMPUR, May 9 — The ringgit opened higher against the US dollar, supported by positive sentiment following developments in trade tariffs between key global economies, including China and the United Kingdom (UK), said an economist.
KUALA LUMPUR, May 8 — The ringgit closed lower against the US dollar on Thursday as confidence in the greenback is deemed to have returned.
PUTRAJAYA, May 8 — The government is exploring the best approach to introduce a more progressive policy on plastic waste management, which has become the country’s biggest challenge, said Natural Resources and Environmental Sustainability Minister Nik Nazmi Nik Ahmad.
KUALA LUMPUR, May 8 — The United States has insisted on bilateral talks with Asean’s individual members and refused to negotiate with it as a bloc on its tariffs, said the Investment, Trade and Industry Ministry (Miti).
KUALA LUMPUR, May 8 — Deputy Prime Minister Datuk Seri Ahmad Zahid Hamidi today proposed three initiatives, including the introduction of the Asean Franchise Accelerator programme, to elevate Malaysia’s franchise ecosystem.
KUALA LUMPUR, May 8 — Bank Negara Malaysia (BNM) will lower the Statutory Reserve Requirement (SRR) ratio by 100 basis points, from two per cent to one per cent, effective May 16, 2025.
KUALA LUMPUR, May 8 — Bank Negara Malaysia’s (BNM) decision to maintain the overnight policy rate (OPR) at 3.0 per cent is a cautious approach as the government faces many ongoing global developments and uncertainties, said an economist.
KUALA LUMPUR, May 8 — Malaysia’s manufacturing sector sales value rose 3.7 per cent on-year at RM164.3 billion in March, compared with a 4.7 per cent on-year growth at RM153.1 billion in February, said the Statistics Department.
KUALA LUMPUR, May 8 — Malaysia’s services producer price index (SPPI) rose by 0.6 per cent on-year in the first quarter (Q1)of 2025 compared to 0.5 per cent on-year in Q4 2024, said the Statistics Department.
KUALA LUMPUR, May 8 — Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) has maintained the overnight policy rate (OPR) at 3 per cent.
KUALA LUMPUR, May 8 — The ringgit opened stronger against the US dollar today, supported by renewed buying interest after the United States’ Federal Reserve left interest rates unchanged overnight, with analysts anticipating potential rate cuts later this year, said an economist.
KUALA LUMPUR, May 7 — The ringgit ended slightly lower against the US dollar on Wednesday, close ahead of Bank Negara Malaysia’s (BNM) overnight policy rate (OPR) decision tomorrow.
SINGAPORE, May 7 — Asean must build on its shared strengths and deepen partnerships on climate action across all sectors following the United States’ withdrawal from the Paris Agreement and its sweeping tariff plans.
KUALA LUMPUR, May 7 — Malaysia has imposed definitive anti-dumping duties on imports of polyethylene terephthalate (PET) from China (from 2.29 per cent to 11.74 per cent), and Indonesia (37.44 per cent), effective today.
KUALA LUMPUR, May 7 — The ringgit rose against the US dollar in early trade today, bolstered by a weaker US dollar index and a drop in US Treasury yields, signalling persistent risk-off sentiment.
KUALA LUMPUR, May 6 — The ringgit closed lower against the US dollar today as traders remained cautious ahead of Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) meeting.
KUALA LUMPUR, May 6 — Malaysia’s exports will be impacted more by global economic growth and trade than by currency fluctuations, Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz said today, while flagging a potential slowdown in outbound shipments.
KUALA LUMPUR, May 6 — Malaysia is cautiously emerging as a diversification market for global investors seeking value beyond mature hubs, with Japan, South Korea, and Australia leading inbound flows, according to Knight Frank Malaysia.
KUALA LUMPUR, May 6 — Most Malaysian small and medium enterprises (SMEs) are trailing behind larger enterprises in their digitalisation journey, said Digital Minister Gobind Singh Deo.
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