KUALA LUMPUR, Jan 28 — The United States on Friday said it has sufficient information to determine that palm oil producer Sime Darby Plantation Bhd uses forced labour and that the firm's goods are subject to seizure.
KUALA LUMPUR, Jan 28 — The Financial Sector Blueprint 2022 - 2026 (FSB3) is complementary with the current banking infrastructure, said Bank Negara Malaysia (BNM).
KUALA LUMPUR, Jan 28 — A new revenue policy can only be introduced after the country's economy has recovered and the people are ready, Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz said.
KUALA LUMPUR, Jan 27 — The ringgit ended lower against the US dollar today as investors take refuge from the volatility in the currency market.
KUALA LUMPUR, Jan 27 — AirAsia Group Bhd’s consolidated air operator’s certificate (AOCs) posted its highest quarterly load factor and capacity since the beginning of the Covid-19 pandemic at 80 per cent and 3.4 million, respectively, in the fourth quarter of 2021 (Q4 2021).
KUALA LUMPUR, Jan 27 — Malaysia’s Producer Price Index (PPI) for local production increased by 10 per cent year-on-year (y-o-y) in December 2021 as opposed to a decrease of 2.1 per cent recorded in the corresponding month of the preceding year, mainly due to slower pace in primary commodities’ prices but inflationary pressures continued, said the Department of Statistics Malaysia.
KUALA LUMPUR, Jan 27 — The ringgit dipped against the US dollar today on buying support for the greenback following the United States Federal Reserve's (Fed) decision to hold its key interest rate near zero, although it noted that the quantitative easing will end on schedule in March, an analyst said.
PUTRAJAYA, 26 Jan — The Festive Season Maximum Price Control Scheme (SHMMP) for the Chinese New Year will be implemented from January 29 to February 4 and involves six types of foodstuff from seafood, dried food and pork categories, said Domestic Trade and Consumer Affairs Minister Datuk Alexander Nanta Linggi.
KUALA LUMPUR, Jan 26 — The ringgit ended flat against the US dollar today as investors were on the sidelines, awaiting the outcome from the United States (US) Federal Open Market Committee (FOMC) meeting, dealers said.
KUALA LUMPUR, Jan 26 — The Ministry of Finance (MoF) is confident that the Royal Malaysian Customs Department will be able to achieve its target of collecting between RM1 billion and RM2 billion under the VA Programme from early this year until September 30, 2022.
KUALA LUMPUR, Jan 26 — The retail price of RON97 petrol increased by five sen from RM3.07 to RM3.12 per litre for January 27 to February 2.
KUALA LUMPUR, Jan 26 — Priority should be given to strengthening the economy and restoring more favourable business conditions, given the weak domestic and external environments brought about by Covid-19, the Federation of Malaysian Manufacturers (FMM) said.
KUALA LUMPUR, Jan 26 — The pace of economic growth across Asia-Pacific (Apac) will stabilise in 2022, supporting a broad normalisation of credit conditions across sectors.
KUALA LUMPUR, Jan 26 — The ringgit opened flat against the US dollar today as market sentiment was affected by heightened geopolitical risks in Ukraine and in anticipation of the first lift-off in the United States interest rate, an analyst said.
BUKIT GANTANG, Jan 25 — A total of 25,000 foreign workers, especially from Thailand, are needed to fill vacancies on deep-sea fishing vessels in efforts to stabilise fish supply, particularly during the festive season.
KUALA LUMPUR, Jan 25 — The Federation of Malaysian Manufacturers (FMM) opined that it is critical and expeditious for Malaysia to have a foreign worker recruitment policy based on a system that supports sector- and company-demand based requirements in order to accelerate business and economic recovery.
KUALA LUMPUR, Jan 25 — The ringgit slipped further against the US dollar at close today as the greenback, a safe haven currency, strengthened amid rising geopolitical risks in Eastern Europe, while investors await the outcome from the US Federal Open Market Committee (FOMC) meeting, dealers said.
KUALA LUMPUR, Jan 25 — Malaysia's economy is likely to expand at a slower rate this year as the country gradually recovers from the policies and measures implemented during the lockdowns, an economist said.
KUALA LUMPUR, Jan 25 — Sirim Bhd is set to launch its Smart Manufacturing Experience Centre (SMEC) in Bukit Jalil by the middle of this year in an effort to drive digital adoption in the manufacturing centre.
KUALA LUMPUR, Jan 25 — The ringgit opened marginally higher against the US dollar today as the mixed signals from the United States (US) equities market resulted in volatile movement overnight, an analyst said.
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