KUALA LUMPUR, April 11 — Moody's Investors Service has maintained its stable outlook on 13 Asia-Pacific (Apac) banking systems, including Malaysia.

KUALA LUMPUR, April 11 — Malaysia’s wholesale and retail trade sales increased by 8.5 per cent year-on-year (y-o-y) to RM117.2 billion in February 2022, according to the Department of Statistics Malaysia (DOSM).

KUALA LUMPUR, April 11 — Kenanga Investment Bank Bhd expects the labour market to gradually recover in 2022, underpinned by a higher vaccination rate, relaxation of pandemic-related restrictions, reopening of borders, and various policy support measures.

KUALA LUMPUR, April 11 — Malaysia's Industrial Production Index (IPI) increased 3.9 per cent in February 2022 compared with the same month of the previous year, driven by the growth in the manufacturing sector, the Department of Statistics Malaysia (DOSM).

KUALA LUMPUR, April 11 — The ringgit opened slightly lower against the US dollar this morning as demand for the local currency moderated on the back of a stronger greenback, an economist said.

KUALA LUMPUR, April 9 — The ringgit is expected to continue to move in a range-bound mode next week, with investors likely to exercise caution ahead of global economic developments, analysts said.

KUALA LUMPUR, April 8 — The ringgit ended the week marginally lower against the US dollar today for the third consecutive day of decline after the greenback continued to strengthen on talks over interest rate hike, an analyst said.

PUTRAJAYA, April 8 — The number of unemployed persons in Malaysia has declined further by 1.3 per cent to 671,000 in February from 680,400 in January this year, according to the Key Statistics of Labour Force in Malaysia for February 2022.

KUALA LUMPUR, April 8 — The Building Materials Cost Index (BCI), without steel bars and with steel bars, continued to increase in March 2022, in line with the increase in the price of most of the building materials, said the Department of Statistics Malaysia (DOSM).

KUALA LUMPUR, April 8 — The government has disbursed RM20.64 billion to 357,639 employers through the Wage Subsidy Programme (PSU) as of March 25, 2022, to retain 2.96 million local workers and reduce the unemployment rate among Malaysians.

KUALA LUMPUR, April 8 — Capital A Bhd expects to return to profitability in 2023 in line with the anticipated recovery in travel demand by year-end, said chief executive officer Tan Sri Tony Fernandes today.

KUALA LUMPUR, April 8 — The ringgit extended its downtrend against the US dollar to open lower today as the greenback strengthened amidst positive US economic data, an analyst said.

KUALA LUMPUR, April 7 — The ringgit extended its downtrend to end lower against the US dollar today after steady US yields provided support to the greenback, an analyst said.

KUALA LUMPUR, April 7 — The ringgit continued to open lower against the US dollar as the greenback strengthened following the release of the United States (US) Federal Open Market Committee (FOMC) meeting minutes, said an analyst.

KUALA LUMPUR, April 7 — Air travel and demand for global air cargo markets improved in February 2022, according to the International Air Transport Association (IATA).

SEPANG, April 6 — The Ministry of Domestic Trade and Consumer Affairs (KPDNHEP) will continue to hold engagement sessions with the Ministry of Agriculture and Food Industries (Mafi) to ensure the issue of rising chicken prices will not continue until the Hari Raya season.

KUALA LUMPUR, April 6 — The ringgit retreated from yesterday's gains to end lower against the US dollar today after higher United States (US) yields helped to lift the greenback, despite firmer oil prices, an analyst said.

KUALA LUMPUR, April 6 — The retail price of RON97 petrol dropped 10 sen a litre from RM3.91 to RM3.81 effective today till April 13.

KUALA LUMPUR, April 6 — Malaysia's economy is likely to grow 6.0 per cent this year, driven by the reopening of international borders, high vaccination rates, and as the country enters the transition to the endemic phase.

KUALA LUMPUR, April 6 — Petronas continues to be the top-ranked company from last year in the 2022 LinkedIn Top Companies list in Malaysia, which is the second annual ranking of the 15 best workplaces to grow one's career.