KUALA LUMPUR, March 9 — The ringgit closed lower on Wednesday as investors were under pressure to sell risky assets as market sentiment was clouded by worries over stagflation.
KUALA LUMPUR, March 9 — The number of unemployed persons in the country in January has declined to 680,400, bringing the unemployment rate to 4.2 per cent, according to Chief Statistician Datuk Seri Mohd Uzir Mahidin.
KUALA LUMPUR, March 9 — The retail price of RON97 petrol will increase by 30 sen for the week beginning March 10 to 16, while the prices of diesel and RON95 petrol remain unchanged.
KUALA LUMPUR, March 9 — The Finance Ministry is in the process of fine-tuning the Money Services Business Act 2011 (Act 731) to increase monitoring of and prevent illegal remittance activities, said Deputy Finance Minister II Yamani Hafez Musa.
KUALA LUMPUR, March 8 — The ringgit ended lower against the US dollar despite the firmer oil prices due to the conflict in Ukraine, said an analyst.
KUALA LUMPUR, March 8 — There have been no reports of producers or traders hoarding goods to cause a hike in the price of essential goods in the market, the Dewan Rakyat was told today.
KUALA LUMPUR, March 8 — The shortage of manpower due to the impact of the Covid-19 pandemic has caused the plantation sector to lose up to RM20 billion last year, said Human Resources Minister Datuk Seri M.
KUALA LUMPUR, March 7 — Bank Negara Malaysia’s (BNM) international reserves remained at US$115.8 billion as at February 28, 2022 as compared to February 15 last month.
KUALA LUMPUR, March 7 — Malaysia’s outlook is tentatively optimistic as the domestic economy has largely reopened and restrictions are unlikely to be reinstated despite the Omicron wave, Moody’s Analytics said.
KUALA LUMPUR, March 7 — The ringgit opened slightly lower against the US dollar today on lack of buying interest.
KUALA LUMPUR, March 5 — AirAsia Malaysia will be reintroducing fuel surcharges beginning March 8, 2022, to all its domestic and international flights to offset escalating jet fuel prices that had exceeded US$120 (RM501.36) per barrel.
KUALA LUMPUR, March 5 — The ringgit is expected to continue its uptrend amid cautious sentiment due to global geopolitical tensions, trading between RM4.17 and RM4.18 against the US dollar next week, said an economist.
KUALA LUMPUR, March 4 — The ringgit continued to strengthen against the US dollar today, boosted by emerging buying demand and the continued rally in crude oil prices, a dealer said.
KUALA LUMPUR, March 4 — AirAsia believes strong demand from travellers will help the budget airline cope with the adverse impact of the Russia - Ukraine conflict.
KUALA LUMPUR, March 4 — Malaysia's export unit index remained positive for the fourth consecutive months since October 2021, growing 1.3 per cent in January 2022 compared with the previous month, the Department of Statistics Malaysia (DOSM) said.
KUALA LUMPUR, March 3 — The ringgit rebounded from yesterday's losses to end marginally higher against the US dollar today, boosted by buying demand and continued rally in crude oil prices, a dealer said.
KUALA LUMPUR, March 3 — Bank Negara Malaysia (BNM) has maintained the Overnight Policy Rate (OPR) at 1.75 per cent at its second Monetary Policy Committee (MPC) meeting of the year.
KUALA LUMPUR, March 3 — The ringgit rebounded against the US dollar this morning, buoyed by buying interest and supported by the firmer oil prices, analysts said.
KUALA LUMPUR, March 2 — The Employees Provident Fund's (EPF) stellar performance in 2021 is in line with improved global and domestic economic conditions, which further reinforced its reputation as a well-managed pension fund management institution, said economists.
KUALA LUMPUR, March 2 — The ringgit retreated today after making gains yesterday to end lower against the US dollar, due to weaker demand, amid the ongoing Russia-Ukraine conflict and higher oil prices, a dealer said.
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