KUALA LUMPUR, July 1 — The ringgit rebounded after two consecutive trading days of losses to open marginally higher against the US dollar this morning ahead of the fourth Bank Negara Malaysia (BNM) Monetary Policy Committee (MPC) meeting scheduled next week, an analyst said.
PUTRAJAYA, June 30 — The economic performance of all states registered positive growth in 2021, with five states recording a better growth rate than the 3.1 per cent growth rate at the national level.
KUALA LUMPUR, June 30 — The ringgit ended lower versus the US dollar for the second consecutive day today as the hawkish stance by the United States (US) Federal Reserve (Fed) to keep raising interest rates boosted the greenback, said an analyst.
KUALA LUMPUR, June 30 — Amanah Saham Nasional Bhd (ASNB) has declared a total income distribution payout of RM300 million for its fixed-price fund, Amanah Saham Bumiputera 3 - Didik (ASB 3 Didik) for the financial year ending June 30, 2022.
KUALA LUMPUR, June 30 — Malaysia’s banking system remains well capitalised to support economic recovery, said Bank Negara Malaysia (BNM).
KUALA LUMPUR, June 30 — The transition to a low-carbon economy presents new risks and opportunities for financial institutions as a result of regulatory developments, technological advancements, and shifting market preferences, said Moody’s Investors Service.
KUALA LUMPUR, June 30 — The move to set new ceiling prices for chicken and eggs will help to limit potentially larger adjustments that would add to the overall food inflation, according to MIDF Research.
KUALA PERLIS, June 30 — The Retail Sector Digitalisation Initiative (ReDI) programme has received encouraging response as 3,919 traders are actively using e-wallets for transactions nationwide.
KUALA LUMPUR, June 30 — The ringgit extended its downtrend against the US dollar this morning due to the stronger US dollar Index (DXY), as the United States (US) Federal Reserve chair Jerome Powell reiterated his stance to keep raising interest rates in a bid to quell the rising inflation, an analyst said.
KUALA LUMPUR, June 29 — The ringgit ended lower versus the US dollar today as the local note experienced a technical correction due to profit-taking activities, dealers said.
KUALA LUMPUR, June 29 — The retail prices of RON97 and RON95 petrol as well as diesel will remain unchanged for the week from tomorrow until July 6, the Finance Ministry said today.
PUTRAJAYA, June 29 — The Cabinet today decided to continue providing subsidies for chicken and not to float its price, capping the retail price of standard chicken at RM9.40 per kilogramme in Peninsular Malaysia effective July 1.
KUALA LUMPUR, June 29 — Economic recovery remains in sight with a better trend as signalled by Malaysia's macroeconomic performance in April 2022 amid global uncertainty, said the Department of Statistics Malaysia (DOSM).
KUALA LUMPUR, June 29 — Axiata Group Bhd (Axiata) and Digi.Com Bhd are looking forward to realising the potential of the proposed merger company (MergeCo) in terms of strengthening the capacity to drive digitalisation for consumers, businesses, the partner ecosystem and the development of local talent.
BANGKOK, June 29 — Thailand's economy is expected to grow 2.9 per cent this year, unchanged from a forecast in April, supported by private consumption and tourism recovery, the World Bank said on Wednesday.
KUALA LUMPUR, June 29 — The ringgit opened slightly lower against the US dollar today following the decline in the United States (US) benchmark equities last night, an analyst said.
KUALA LUMPUR, June 29 — The Malaysian Communications and Multimedia Commission (MCMC) has approved the proposed merger between Digi.Com Bhd (Digi) and Celcom Axiata Bhd (Celcom).
KUALA LUMPUR, June 28 — The ringgit settled higher versus the US dollar today, rebounding from yesterday’s losses, on renewed demand and in line with the steadier crude oil prices, an analyst said.
BANGI, June 28 — The government has urged palm oil millers who have ceased their milling operations due to the sharp fall in edible oil prices to resume operations immediately.
KUALA LUMPUR, June 28 — Maybank Investment Bank Bhd (Maybank IB) has revised upwards its inflation rate forecast for this year to 3.4 per cent from 2.7 per cent previously.
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