KUALA LUMPUR, May 10— Manufacturing sales rose 13.9 per cent to record the highest value of RM144.6 billion in March 2022 from RM126.9 billion in the same period last year, said the Department of Statistics Malaysia (DOSM).
KUALA LUMPUR, May 10 — Malaysia's Industrial Production Index (IPI) increased 5.1 per cent in March 2022 compared to the same month of the previous year, driven by growth in three indices, namely manufacturing, electricity and mining, the Department of Statistics Malaysia (DOSM) said.
KUALA LUMPUR, May 10 — The ringgit opened slightly higher against the US dollar today ahead of Bank Negara Malaysia's (BNM) Monetary Policy Committee (MPC) meeting, which is scheduled for tomorrow.
KUALA LUMPUR, May 9 — The ringgit ended lower against the US dollar today as the greenback continued to strengthen amid further monetary policy tightening by the US Federal Reserve (Fed), said an analyst.
BENGALURU, May 9 — Bank Negara Malaysia (BNM) will keep its interest rate steady this week to support a still-nascent economic recovery, a Reuters poll showed, but start tightening policy next quarter to avert rising inflationary pressures.
KUALA LUMPUR, May 9 — The ringgit was traded easier against the US dollar in the early session today amid stronger demand for the greenback, said an analyst.
KUALA LUMPUR, May 7 — The ringgit is expected to remain volatile in the near term alongside other emerging market currencies.
KUALA LUMPUR, May 6 — Malaysia's palm oil inventories at the end of April likely rose for the first time in six months as production and imports climbed, a Reuters survey showed on Friday.
SEPANG, May 6 — Driven by the desire to venture into a different field, Zain ‘Aliuddin Zain Alabiddin finally decided to leave his career as a design engineer to go into the field of broiler rabbit farming to produce his signature dish, rendang arnab (rabbit).
KUALA LUMPUR, May 6 — The ringgit was broadly lower against the US dollar in the early session today as risk-off sentiment would continue to dominate the local note direction.
KUALA LUMPUR, May 5 — The ringgit closed higher against the greenback today after the US Federal Reserve said it would not actively consider 75-basis-point moves in the future.
KUALA LUMPUR, May 5 — Despite the fast growth pace of the e-commerce industry which saw the emergence of various local and international online shopping platforms during the Covid-19 pandemic, physical malls are still extremely relevant among Malaysians.
KUALA LUMPUR, May 5 — The ringgit is sharply higher against the US dollar in the early session today amid a significant increase in the US Federal Fund Rate (FFR) of 50 basis points.
KUALA LUMPUR, May 4 — The retail prices of diesel, RON95 and RON97 petrol will remain unchanged at RM2.15, RM2.05 and RM3.94 per litre respectively from tomorrow (May 5) to May 11.
KUALA LUMPUR, April 30 — After two weeks of prolonged volatility, the ringgit is expected to stabilise next week due to prospects of a sharper interest rate hikes by the US Federal Reserve.
KUALA LUMPUR, April 30 — Five consortia namely Boost Holdings Bhd-RHB Bank Bhd, GXS Bank Pte Ltd-Kuok Brothers Sdn Bhd, Sea Ltd-YTL Digital Capital Sdn Bhd, AEON Financial Service Co Ltd-AEON Credit Service (M) Bhd-MoneyLion Inc and KAF Investment Bank Sdn Bhd win Malaysia’s digital bank licences.
KUALA LUMPUR, April 29 — The ringgit recovered some ground to end on a positive note on Friday as analysts believe the 50-basis-point hike in the Fed Fund Rates has been well priced in by the market.
KUALA LUMPUR, April 29 — Malaysia's export and import unit value indices recorded steady month-on-month (m-o-m) growth of 4.7 per cent and 2.3 per cent respectively in March 2022, leading the country's terms of trade to increase by 2.3 per cent m-o-m to 112.5 points, said the Department of Statistics Malaysia (DOSM).
KUALA LUMPUR, April 28 — The ringgit ended lower on Thursday as investors continued to move funds to safe havens on prolonged volatility amid more hawkish central banks following rising inflation.
JOHOR BAHRU, April 28 — Eighteen complaints on the sale of subsidised RON95 petrol to foreign-registered vehicles were received by the Ministry of Domestic Trade and Consumer Affairs (KPDNHEP) from January 1 until yesterday.
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