KUALA LUMPUR, Jan 14 — The ringgit finished lower today after closing higher for five consecutive trading days, but the local currency’s prospect remains constructive due to high oil prices and uncertainties in the United States, which would influence the US dollar’s performance.
BANGKOK, Jan 14 — The border trade between Malaysia and Thailand is set to get a boost from the reopening of all nine border checkpoints.
KUALA LUMPUR, Jan 14 — Malaysia's natural rubber production fell 26.8 per cent to 31,577 tonnes last November compared with October’s 43,127 tonnes, said the Department of Statistics Malaysia (DOSM).
KUALA LUMPUR, Jan 14 — The ringgit has retreated from its gains over the past few days to open lower against the US dollar on Friday despite the weaker greenback, dragged down by the declining oil price, an analyst said.
KUALA LUMPUR, Jan 14 — Malaysia is expected to post a strong number for its approved investments for the year 2021, which will be announced on March 8, surpassing the performance of the past three years, said the Malaysian Investment Development Authority (Mida).
KUALA LUMPUR, Jan 13 — E-commerce and food delivery services have grown by US$7 billion (RM29.28 billion) in gross merchandise value (GMV) in 2021, said Minister in the Prime Minister's Department (Economy) Datuk Seri Mustapa Mohamed.
KUALA LUMPUR, Jan 13 — The ringgit continued its uptrend to end higher against the US dollar for the seventh consecutive day, in tandem with the rise in the price of Brent Crude, analysts said.
PETALING JAYA, Jan 13 — Malaysia intends to expedite the memorandum of understanding (MoU) signing process with Indonesia in relation to the recruitment of foreign workers for the construction sector, said Senior Works Minister Datuk Seri Fadillah Yusof.
KUALA LUMPUR, Jan 13 — The ringgit extended its gains against the US dollar at the opening on Thursday as the rising inflation rate had further weakened the greenback, a dealer said.
KUALA LUMPUR, Jan 12 — The ringgit strengthened further against the US dollar on Wednesday, as the greenback's weaker performance was heavily influenced by US Federal Reserve Chair Jerome Powell's testimony, which revealed no surprises in terms of monetary tightening.
KUALA LUMPUR, Jan 11 — The ringgit strengthened further against the US dollar at the close today as investors awaited US Federal Reserve Chair Jerome Powell's appearance before the Senate Banking Committee, hoping for hints about the timing of expected policy tightening.
KUALA LUMPUR, Jan 11 — The Malaysian economy is expected to see a much faster recovery pace this year, with Gross Domestic Product (GDP) growth recovering to 6.2 per cent from 3.5 per cent in 2021 driven by the successful vaccination programme, said Standard Chartered Bank (StanChart).
KUALA LUMPUR, Jan 10 — The ringgit had strengthened against the US dollar at the close today as the latter declined in response to the disappointing United States’ (US) December jobs report.
PUTRAJAYA, Jan 10 — The number of unemployed persons in Malaysia in November 2021 indicated a declining pattern after registering 694,400 persons as compared to 705,000 persons in October 2021, according to the Statistics of Labour Force, Malaysia.
KUALA LUMPUR, Jan 10 — Malaysia’s manufacturing sales in November 2021 stood at RM142.4 billion, growing 18.8 per cent compared with the same month in 2020, the Department of Statistics Malaysia (DoSM) said.
KUALA LUMPUR, Jan 10 — Malaysia’s manufacturing sales in November 2021 stood at RM142.4 billion, growing 18.8 per cent compared with the same month in 2020, the Department of Statistics Malaysia (DOSM) said.
KUALA LUMPUR, Jan 10 — Moody's Analytics expects the global semiconductor chip shortage to continue amid the Covid-19 Omicron surge, driven by multiple factors, but not worsening in 2022.
KUALA LUMPUR, Jan 10 — Top Glove Corporation Bhd (Top Glove) has announced the appointment of Lester Garson Huang and Anthony Lo as the group’s new independent non-executive directors (INEDs), today.
KUALA LUMPUR, Jan 10 — The ringgit opened marginally higher against the US dollar on Monday following the tepid US economic data released last week, despite a decline in oil price, a dealer said.
KUALA LUMPUR, Jan 8 — The ringgit is expected to trade sideways with a downward bias against the US dollar next week, an analyst said.
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