KUALA LUMPUR, May 26 — Malayan Banking Bhd's (Maybank) net profit declined 14.5 per cent to RM2.04 billion in the first quarter ended March 31, 2022 (Q1 FY2022) due to the impact of geopolitical tensions and market volatility.

KUALA LUMPUR, May 26 — Businesses remain positive about their prospects for the second quarter (Q2) of 2022 as well as for the six-month period to September 2022, according to the Department of Statistics Malaysia's (DOSM) latest business tendency statistics.

KUALA LUMPUR, May 26 — Malaysian halal players should seize business opportunities in the Netherlands where the halal sector is booming, said Malaysia External Trade Development Corporation (Matrade) trade commissioner Emeliana Zainol.

KUALA LUMPUR, May 26 — The ringgit opened marginally higher against the US dollar today in the absence of hawkish surprises from the United States (US) Federal Open Market Committee (FOMC) meeting minutes.

JOHOR BAHRU, May 25 — The country’s tourism industry needs new products, especially premium products, to attract more quality tourists, as the industry has been expanding after two years of the Covid-19 pandemic.

KUALA LUMPUR, May 25 — FGV Holdings Bhd (FGV) expects to produce 75,000 tonnes of animal feed this year, up from 40,000 tonnes produced last year, to cater for the increasing demand for meat such as cow, goat, rabbit and chicken.

KUALA LUMPUR, May 25 — Malaysia is on track to continue leading the growth of Islamic banking in Southeast Asia, said S&P Global Ratings.

KUALA LUMPUR, May 25 — The ringgit closed slightly higher against the US dollar today despite growing concerns that China's latest policy measure would be ineffective at stimulating the economy, said an analyst.

MOSCOW, May 25 — Indian authorities are introducing regulation of sugar export during harvest season to secure domestic availability and stable prices, limiting export to 10 million tons, reported Sputnik.

KUALA LUMPUR, May 25 — Malaysia's economic recovery will continue to be resilient, as the Leading Index (LI) level continues to show an upward trend, rising to 111.3 points in March 2022 from 110.9 points in February 2022, said the Statistics Department (DOSM).

KUALA LUMPUR, May 25 — The Consumer Price Index (CPI) in April 2022 increased 2.3 per cent to 125.9 compared with 123.1 in the same month of the preceding year, the Department of Statistics Malaysia (DOSM) said.

KUALA LUMPUR, May 25 — The rubber export performance for the first quarter (Q1) of 2022, witnessed latex goods accounted for 83.1 per cent of total exports of rubber products, with the gloves subsector remaining as the largest export revenue generator for the rubber industry, said Malaysian Rubber Council (MRC).

KUALA LUMPUR, May 25 — The ringgit opened marginally higher against the US dollar today on renewed buying interest amid slightly easing demand for the greenback due to softer US Treasury yields, said an analyst.

KUALA LUMPUR, May 24 — The ringgit ended the day lower against the US dollar today as the market is cautious over the uncertain global economic outlook and monetary policies.

KUALA LUMPUR, May 24 — Malaysia's economy is heading towards the right direction despite the challenging environment, especially with the expectation of a higher inflation rate, Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz said.

KUALA LUMPUR, May 24 — Malaysia Airlines Berhad (MAB) has signed a three-year agreement with Lembaga Tabung Haji (TH) to provide haj charter flights for Malaysian pilgrims.

KUALA LUMPUR, May 24 — The surge in international passenger movement at airports nationwide on the back of higher demand as borders reopen, with airlines actively resuming international flight routes, indicates a promising prospect for the aviation industry to recover faster, an economist said.

DAVOS, Switzerland, May 24 — Multiple threats to the global economy topped the worries of the world's well-heeled at the annual Davos think-fest on Monday, with some flagging the risk of a worldwide recession.

KUALA LUMPUR, May 24 — Malaysia will be among the economies that will win big from the high commodity prices and will pay less of a price on the inflation side as it exports several times of its domestic production, according to a Moody’s Analytics report.

SINGAPORE, May 24 — The Singapore dollar hit an all-time high against the Malaysian ringgit on Monday (May 23), Channel News Asia (CNA) reported.