KUALA LUMPUR, Apr 25 — The global supply chain disruptions due to the Covid-19-triggered lockdowns in China and the ongoing Russia-Ukraine war may continue to boost costs, causing inflation to rise.

KUALA LUMPUR, April 25 — The ringgit extended its downtrend against the US dollar on Monday on stronger buying support for the greenback as the market turns its focus on the upcoming US Federal Open Market Committee (FOMC) meeting on May 3 and 4, said an analyst.

PONTIAN, April 24 — Indonesia’s move to ban exports of its palm oil starting Thursday next week is expected to have a massive impact on the global edible oils and fats market.

KUALA LUMPUR, April 23 — The Ministry of Finance (MOF) said the ringgit has remained competitive, with inflation in check, despite headwinds from global geopolitical tensions and uncertainties.

KUALA LUMPUR, April 23 — The ringgit is anticipated to stabilise against the US dollar next week as the US Federal Reserve (Fed) is about to enter a blackout period ahead of its two-day meeting starting May 3.

KUALA LUMPUR, April 22 — Vehicle sales in Malaysia increased to 73,222 units in March this year compared to 64,938 units during the same month last year, the Malaysian Automotive Association (MAA) said.

KUALA LUMPUR, April 22 — The ringgit ended lower and reached the 4.30-level against the US dollar on Friday, a level last seen in June 2020.

KUALA LUMPUR, April 22 — Malaysia’s Consumer Price Index (CPI) in March 2022 rose by 2.2 per cent to 125.6 against 122.9 in March 2021, surpassing the average inflation for January 2011-March 2022 period which stood at 1.9 per cent, said the Statistics Department today.

KUALA LUMPUR, April 22 — The ringgit slid further against the US dollar in early trade today on the back of a potential interest rate hike in the United States (US), said an analyst.

KUALA LUMPUR, April 21 — The ringgit fell for the fifth consecutive day against the US dollar today, depreciating 2.75 per cent year-to-date to 4.2875 due to weak global sentiment and in line with the Chinese yuan’s performance, said economists.

GURUN, April 21 — The Ministry of Agriculture and Food Industries (Mafi) has assured adequate chicken and egg supply to meet the demand for the Hari Raya Aidilfitri celebration next month.

KUALA LUMPUR, April 21 — The ringgit continued to remain weak in the early session today amidst expectations that the United States (US) Federal Reserve (Fed) would raise its interest rates in its upcoming meeting in early May, said an analyst.

KUALA LUMPUR, April 20 — The ringgit continued to depreciate against the US dollar for the fourth consecutive session, no thanks to external macro factors, said an economist.

KUALA LUMPUR, April 20 — The retail prices for RON97 and RON95 petrol and diesel will remain unchanged from tomorrow until April 27.

(REUTERS) April 20 — The ringgit hit a near two-year low on Wednesday, dragged by strength in the US dollar, dim global growth prospects, and an overnight slump in oil prices, while other emerging Asian currencies trade mixed.

WASHINGTON, April 20 — The International Monetary Fund (IMF) on Tuesday slashed the global growth forecast for 2022 to 3.6 per cent amid the Russia-Ukraine conflict, 0.8 percentage points lower than the January projection, according to its newly released World Economic Outlook report.

KUALA LUMPUR, April 20 — The ringgit traded easier against the US dollar this morning on the back of cautious market sentiment as to whether the US Federal Reserve (Fed) would raise its interest rates in the upcoming meeting in early May, said an analyst.

LABUAN, April 18 — The usage of e-wallets increased by 131 per cent to over 600 million transactions in 2020 compared to the previous year, said Domestic Trade and Consumer Affairs Minister Datuk Seri Alexander Nanta Linggi.

KUALA LUMPUR, April 18 — The ringgit continued to depreciate against the US dollar for the third trading day, as higher demand for the US dollar indicated that market participants were sceptical about the prospects of the global economic recovery.

LABUAN, April 18 — The problem of foreign-registered vehicles filling up with RON95 petrol in Malaysia has abated after the authorities issued warnings against this practice, said Domestic Trade and Consumer Affairs Minister Datuk Seri Alexander Nanta Linggi.