By Jerry Choong SHAH ALAM, Feb 24 — Last year has been a mixed bag for noted property developer Tropicana Corporation Berhad, as it recorded higher property sales amid lower revenue returns. It announced its unaudited financial results for the fourth quarter that ended on December 31, 2021,...
KUALA LUMPUR, Feb 24 — The ringgit ended lower against the US dollar on Thursday, pressured by concerns over Russia's unprecedented military aggression against Ukraine despite stronger oil prices, said an analyst.
KUALA LUMPUR, Feb 24 — Malaysia's Consumer Price Index (CPI) increased 2.3 per cent to 124.9 in January 2022 from 122.1 in the same month of the preceding year, the Department of Statistics Malaysia (DOSM) said.
SHANGHAI, Feb 24 — Global stocks and US bond yields dived on Thursday, while the dollar, gold and oil prices rocketed higher as Russian troops landed in Ukrainian cities on the Black Sea and Ukraine said Moscow had launched a full-scale invasion.
KUALA LUMPUR, Feb 23 — The ringgit ended slightly higher against the US dollar today due to buying interest in line with the equity market’s positive performance, although the greenback remained firm, an analyst said.
KUALA LUMPUR, Feb 23 — The retail price of RON97 petrol will increase by two sen per litre while those for RON95 and diesel will remain unchanged from February 24 to March 2.
KUALA LUMPUR, Feb 23 — The Malaysian automotive sector is expected to remain positive in 2022 with total industry volume (TIV) growth to increase 12-14 per cent year-on-year (y-o-y), as the flood-induced supply disruption in January 2022 is temporary, said MIDF Research.
KUALA LUMPUR, Feb 23 — The ringgit strengthened against the US dollar at the opening today, as geopolitical tensions between Russia and Ukraine escalate, indicating that the current situation is highly vulnerable, adding to the extent of uncertainty in the foreign exchange market and commodities market in particular.
KUALA LUMPUR, Feb 22 — Bank Negara Malaysia’s (BNM) international reserves amounted to US$115.8 billion as at Feb 15, 2022, compared with US$116.1 billion as at the end of last month.
KUALA LUMPUR, Feb 22 — The government is calling on more employers to offer salaries that exceed the existing minimum wage in the country.
KUALA LUMPUR, Feb 22 — The ringgit opened higher against the US dollar today as foreign exchange market sentiments are expected to revolve around the Russia-Ukraine conflict as the signals are getting mixed, an economist said.
KUALA LUMPUR, Feb 21 — The ringgit ended higher against the US dollar on Monday as markets continue to be affected by the conflict in Ukraine amidst mixed messaging between the United States (US) and Russia, said an analyst.
KUALA LUMPUR, Feb 21 — The Malaysia Productivity Corporation (MPC) is confident that Malaysia will be able to be in the Global Digital Competitiveness Index’s top 10 ranking in terms of digital infrastructure by 2025.
KUALA LUMPUR, Feb 19 — The ringgit is expected to trade within a tight range of between 4.18 and 4.19 against the US dollar next week.
KUALA LUMPUR, Feb 18 — The ringgit recovered from yesterday's losses to open higher against the US dollar today on steady commodity prices, said an analyst.
KUALA LUMPUR, Feb 17 — Malaysia’s labour productivity as measured by value-added per employment picked up in the fourth quarter last year by 1.7 per cent, after falling 5.6 per cent the previous quarter.
KUALA LUMPUR, Feb 17 — CTOS Digital Bhd has proposed to undertake a share placement to raise RM270 million to pay for the proposed acquisition of a 49 per cent stake Juris Technologies Sdn Bhd and an additional 2.25 per cent stake in Thailand-based Business Online Public Company Limited (BOL).
KUALA LUMPUR, Feb 16 — The ringgit ended higher against the US dollar for the second consecutive day, thanks to the easing geopolitical tension in Eastern Europe which helped to cushion the risk assets and emerging market currencies against further losses, as well as stabilise crude oil at around US$94 per barrel.
KUALA LUMPUR, Feb 16 — The retail price of RON97 petrol will increase by six sen per litre while those for RON95 and diesel will remain unchanged from February 17 to February 23.
KUALA LUMPUR, Feb 15 — The Malaysian Investment Development Authority (Mida) wants to provide opportunities for businesses to learn, evaluate and consider raising capital through public and private markets, as well as market-based financing options such as equity crowdfunding (ECF) that are registered with the Securities Commission.
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