KUALA TERENGGANU, May 4 — The Agriculture and Food Security Ministry (MAFS) will increase the production of cheaper special grade chicken eggs following the government’s move to end egg subsidies from August 1, said its minister Datuk Seri Mohamad Sabu.

MOSCOW, May 4 — Eight Opec+ countries that adhere to voluntary oil production cuts, including Saudi Arabia, Russia, Iraq, the United Arab Emirates, Kuwait, Kazakhstan, Algeria, and Oman, will increase oil production by an additional 411,000 barrels per day in June from the level in May, according to an official communique by Opec released yesterday.

KIMANIS, May 3 — The Domestic Trade and Cost of Living Ministry (KPDN) is closely monitoring egg prices and supply following the reduction in subsidies that took effect on Thursday, said its minister Datuk Armizan Mohd Ali.

KUALA LUMPUR, May 3 — The ringgit is likely to trade cautiously next week as investors focus on monetary policy decisions both domestically and in the United States (US).

KUALA LUMPUR, May 2 — MIDF Amanah Investment Bank Bhd expects Malaysia’s gross domestic product (GDP) to grow at a moderate rate of 4 per cent in 2025, compared with 5.1 per cent in 2024.

KUALA LUMPUR, May 2 — Petronas today confirmed that its subsidiary, Petronas Carigali Sdn Bhd (PCSB), received notices on April 30, from the Sarawak Utility and Telecommunications Ministry on its gas processing and distribution.

KUALA LUMPUR, May 2 — Bursa Malaysia recouped earlier losses with the key index closing at its intraday high today, in tandem with the positive regional market performance and late buying in telecommunications, construction, property, and data centre-related stocks.

KUALA LUMPUR, May 2 — Malaysia’s Manufacturing Purchasing Managers’ Index (PMI) eased to 48.6 in April from 48.8 in March, as manufacturers cut back on purchases and drew down stocks of raw materials and finished goods amid a lack of new orders, according to S&P Global Market Intelligence.

KUALA LUMPUR, May 2 — Planning consent has been granted for the next phase of Battersea Power Station’s regeneration in London, a key milestone in the 16.99-hectare (42-acre) development that is owned by a consortium of Malaysian investors.

KUALA LUMPUR, May 2 — The ringgit opened marginally higher against the greenback today, trading with a wider spread amid lingering uncertainty over global tariffs and weak US economic data, an economist said.

KUALA LUMPUR, April 30 — The ringgit continued to close firmer against the greenback on Wednesday as the United States (US) Dollar Index remained below the 100-point level amid softer demand.

KUALA LUMPUR, April 30 — The retail prices of RON97 and RON95 petrol nationwide remain unchanged, at RM3.18 per litre and RM2.05 per litre, respectively, from May 1 to 7.

KUALA LUMPUR, April 30 — Malaysia’s headline inflation moderated to 1.4 per cent in March 2025, down from 1.5 per cent in February, while core inflation held steady at 1.9 per cent, said Bank Negara Malaysia (BNM).

KUALA LUMPUR, April 30 — Malaysia’s official reserve assets amounted to US$117.49 billion (RM506.67 billion) in March, while other foreign currency assets stood at US$4.3 million, said Bank Negara Malaysia (BNM).

PUTRAJAYA, April 30 — The government has decided to fully discontinue the egg subsidy starting this August 1.

KUALA LUMPUR, April 30 — The ringgit opened higher and maintained its uptrend against the US dollar in the early session today, despite the greenback maintaining its appeal as a safe-haven currency following a 0.23 per cent gain in the US Dollar Index (DXY) to 99.237 points.

KUALA LUMPUR, April 29 — Fancy roti canai for breakfast, nasi lemak for lunch, and satay for dinner, these beloved Malaysians' staples have almost doubled in price over the past 13 years, according to the Department of Statistics Malaysia (DOSM).

KUALA LUMPUR, April 29 — The ringgit continued to appreciate against the United States (US) dollar to end firmer today, closing at over six-month high, driven by signs of easing global trade tensions, an analyst said.

KUALA LUMPUR, April 29 — Oil and gas services and equipment (OGSE) companies are being urged to explore viable alternatives for operating their businesses or harnessing natural resources, which could help the country diversify its energy sources in line with the energy transition.

KUALA LUMPUR, April 29 — Malaysia’s inflation increased at a rate of 1.8 per cent in 2024 versus 2.5 per cent in 2023, with the index points standing at 132.8 in 2024 against 130.4 the previous year, said the Statistics Department (DOSM).