KUALA LUMPUR, March 2 — The Employees Provident Fund (EPF) intends to increase investment in various domestic asset classes in 2022 in line with the reopening of economies and businesses in the country.

KUALA LUMPUR, March 2 — The Employees Provident Fund (EPF) has declared a 6.10 per cent dividend for conventional savings for 2021 with a total payout of RM50.45 billion, surpassing the 5.45 per cent dividend declared during the pre-pandemic year of 2019.

KUALA LUMPUR, March 2 — National oil and gas corporation Petronas said on Tuesday geopolitical risks were set to result in another volatile year for the industry, after reporting a swing to profit in the fourth quarter.

KUALA LUMPUR, March 2 — The ringgit retreated from two consecutive days of gains to open lower against the US dollar on Wednesday, due to subdued demand as well as the rising geopolitical tensions, dealers said.

KUALA LUMPUR, March 2 — The International Air Transport Association (IATA) expects overall traveller numbers to reach 4.0 billion in 2024 (counting multi-sector connecting trips as one passenger), exceeding pre-Covid-19 levels at 103 per cent of the 2019 total.

KUALA LUMPUR, March 1 — The ringgit extended yesterday’s gains to end higher against the US dollar today, boosted by steady oil prices resulting from the ongoing Russia-Ukraine conflict, a dealer said.

KUALA LUMPUR, March 1 — Malaysia’s top two ports, Port Klang and the Port of Tanjung Pelepas (PTP) in Johor, will boost their capacity in line with trade growth, Minister of Transport Datuk Seri Wee Ka Siong said.

REUTERS, March 1 — Oil prices climbed on Tuesday as concerns over potential supply disruption amid Russia's invasion of Ukraine outweighed talk of a coordinated global release of crude stocks to calm markets.

KUALA LUMPUR, March 1 — Moody’s Analytics believes that Asia Pacific (Apac) will experience a moderate impact on inflation and supply chain disruptions as direct trade between Ukraine and the region is limited.

BENGALURU, March 1 — Bank Negara Malaysia (BNM) will wait until the third quarter before raising interest rates from a record low to support an uneven economic recovery, according to a Reuters poll of economists who predicted higher rates by year-end than in a survey conducted in January.

KUALA LUMPUR, March 1 — The ringgit remained strong against the US dollar, supported by higher oil prices amid worries over the crisis in Eastern Europe, analysts said.

KUALA LUMPUR, Feb 28 — The ringgit, supported by soaring oil prices as a result of the Russia-Ukraine conflict, strengthened further against the US dollar today.

KUALA LUMPUR, Feb 28 — The loss-absorbing capacity of banks in the country remains strong, with excess capital buffers of RM131.9 billion as of January 2022, Bank Negara Malaysia (BNM) said today.

KUALA LUMPUR, Feb 28 — Malaysia’s Producer Price Index (PPI) for local production rose 9.2 per cent year-on-year (y-o-y) in January 2022 from a contraction of 0.1 per cent y-o-y in the same period last year, supported by higher prices of crude oil and palm oil products, said the Department of Statistics Malaysia (DOSM).

KUALA LUMPUR, Feb 28 — The ringgit extended its firmer position from last Friday to open better against the US dollar, supported by higher oil prices, analysts said.

SHAH ALAM, Feb 25 — Kumpulan Perangsang Selangor Bhd (KPS) revenue jumped 23 per cent year-on-year to RM1.3 billion for its fiscal year 2021.

KUALA LUMPUR, Feb 25 — The ringgit rebounded to close higher versus the US dollar on Friday amid a weaker greenback and better local sentiment.

KUALA LUMPUR, Feb 25 — The Department of Statistics Malaysia (DOSM) is optimistic that the country’s economy will continue to recover in 2022, as it did in 2021, as economic data indicated that the economic recovery was gaining traction.

KUALA LUMPUR, Feb 25 — Malaysia’s Leading Index (LI) performance remained positive in December 2021, rising by 2.1 per cent to 111.5 points from 109.2 points in December 2020, indicating a more sanguine economic outlook in the months ahead despite the surge in Covid-19 cases, said the Department of Statistics Malaysia (DOSM).

KUALA LUMPUR, Feb 25 — The ringgit recovered against the US dollar at the opening today, as higher commodity prices may have averted further declines, although heightened global geopolitical tensions continued to weigh on investor sentiment and support the US dollar.