KUALA LUMPUR, June 17 — The ringgit continued to remain strong against the US dollar for the third consecutive day today as the weak greenback sentiment helped to spur appetite for emerging currencies, including the ringgit, dealers said.
KUALA LUMPUR, June 17 — Malaysian aviation group Capital A Berhad said on Thursday it was evaluating fundraising options for a planned US listing, as it looks to shake off its classification as a financially distressed firm by Malaysia's stock exchange.
KUALA LUMPUR, June 16 — The ringgit extended yesterday’s gains to close higher against the US dollar today as more investors returned to emerging currencies after the US Federal Reserve (Fed) announced a 75 basis point increase in the interest rate at its Federal Open Market Committee (FOMC) meeting last night, a dealer said.
PUTRAJAYA, June 16 — The price of chicken is expected to rise next month when it is floated following the end of the maximum retail price scheme on June 30.
KUALA LUMPUR, June 16 — Petronas on Thursday announced the establishment of a new clean energy solutions company, Gentari, as part of a global push by the state oil firm to produce carbon-free energy.
KUALA LUMPUR, June 16 — Bank Negara Malaysia (BNM) is likely to raise the overnight policy rate (OPR) by at least 25 basis points (bps) by year-end, in view of the aggressive interest rate hike by the United States (US) Federal Reserve (Fed), said Kenanga Investment Bank Bhd.
KUALA LUMPUR, June 16 — The ringgit extended yesterday's gains to open higher against the US dollar today following the news that the US Federal Reserve's (Fed) decision to increase its benchmark interest rate by 75 basis points, a dealer said.
KUALA LUMPUR, June 15 — The ringgit rebounded after three consecutive trading days of losses to close marginally higher against the US dollar at the close today amid mixed signals on the global economic front, a dealer said.
KUALA LUMPUR, June 15 — The retail price of RON97 petrol will be higher by 11 sen at RM4.83 per litre, while the prices of RON95 petrol and diesel remain unchanged for the week from June 16 to June 22.
KUALA LUMPUR, June 15 — Malaysia’s natural rubber (NR) production decreased by 20 per cent to 22,498 tonnes in April 2022 compared with 28,106 tonnes in March, said the Department of Statistics Malaysia (DOSM).
KUALA LUMPUR, June 15 — Top Glove Corporation Bhd has released its sustainability policy, outlining its commitments in the areas of environmental, social, governance (ESG) and traceability.
KUALA LUMPUR, June 15 — The ringgit opened flat against the US dollar today as investors opted for a wait-and-see attitude on the latest economic assessment by the US Federal Open Market Committee (FOMC) meeting, an analyst said.
KUALA LUMPUR, June 14 — There is a need for Malaysia to recognise the fact that the labour data, and a great deal of the productivity data, are actually quite misleading in order to grasp the actual economic situation, said economist Dr Jomo Kwame Sundaram.
KUALA LUMPUR, June 14 — The ringgit remained lower against the US dollar at the close today, as more investors shifted towards safe-haven assets due to growing concerns about the potential interest rate hike in the United States, a dealer said.
KUALA LUMPUR, June 14 — Economists are urging the government to consider alternative measures to ensure economic recovery.
KUALA LUMPUR, June 14 — The ringgit extended its downtrend to open lower against the stronger US dollar today on cautious sentiment over a potential interest rate hike in the US, as well as Federal Reserve's (Fed) latest quarterly forecast, a dealer said.
KUALA LUMPUR, June 13 — The ringgit extended its downtrend from last Friday to end lower against the US dollar today in line with most other regional currencies, as more investors shifted towards safe-haven assets, a dealer said.
KUALA LUMPUR, June 13 — Companies from palm oil plantations to semiconductor makers are refusing orders and forgoing billions in sales, hampered by a shortage of more than a million workers that threatens Malaysia's economic recovery.
KUALA LUMPUR, June 13 — The World Bank on Monday maintained Malaysia's economic growth forecast this year at 5.5 per cent.
KUALA LUMPUR, June 13 — The ringgit opened lower against the US dollar today as the greenback continued to strengthen on cautious sentiment ahead of the US Federal Reserve’s two-day meeting, a dealer said.
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