KUALA LUMPUR, Nov 25 — The ringgit extended its downtrend for the fourth consecutive day to open lower against the US dollar amid expectations for a faster tapering process and possible rate hikes by the Federal Reserve, an analyst said.

KUALA LUMPUR, Nov 23 — The ringgit extended its downtrend against the US dollar to open lower today as strong demand for the greenback continues to uplift the currency, an analyst said.

KUALA LUMPUR, Nov 22 — The government approved 4,545 manufacturing projects with proposed investments totalling RM450.5 billion from 2016 until June 2021, according to Deputy International Trade and Industry Minister Datuk Lim Ban Hong.

KUALA LUMPUR, Nov 20 — The ringgit is likely to continue its decline against the US dollar next week amid the absence of local market catalyst and the strengthening greenback.

KUALA LUMPUR, Nov 19 — The ringgit extended its downtrend against the US dollar today, in tandem with regional peers as the greenback firmed broadly, taking a cue from positive US economic data, a dealer said.

PUTRAJAYA, Nov 19 — The National Wage Consultative Council (MPGN) is still discussing the proposal on whether to maintain or increase the minimum wage rate before being tabled for the Cabinet’s consideration, Human Resource Minister Datuk Seri M.

KUALA LUMPUR, Nov 19 — The gradual recovery in the labour market in the third quarter of 2021 (3Q 2021) was supported by transition to the National Recovery Plan (NRP), coupled with the rise in vaccination rate, according to the Department of Statistics Malaysia (DOSM).

TOKYO, Nov 19 — Japan will spend a record 55.7 trillion yen (US$488 billion, or RM2.04 trillion) on an economic stimulus package aimed at easing the impact from the coronavirus pandemic, Kyodo news reported government sources said on Thursday.

KUALA LUMPUR, Nov 19 — Malaysia has strong participation in non-equity mode (NEM) exports and connected strongly with the global value chains of transnational corporations (TNCs), the Asean-Japan Centre (AJC) said.

KUALA LUMPUR, Nov 19 — The ringgit opened marginally higher against the US dollar today despite improvement in the United States labour market data with the four-week moving average Initial Jobless Claims declining to 272,750 last week from the previous week of 278,000, said an analyst.

KUALA LUMPUR, Nov 18 — The ringgit ended marginally lower against the US dollar today, moving in a tight range, despite some correction seen on the US dollar Index, a dealer said.

KUALA LUMPUR, Nov 18 — The government will provide an additional allocation of RM100 million for efforts towards improving governance, efficiency and transparency in the management of its finances and budget.

KUALA LUMPUR, Nov 18 — The ringgit opened slightly higher against the US dollar today following mixed signal coming from the United States (US) Federal Reserve officials amidst lower than expected housing starts statistics, said an analyst.

KUALA LUMPUR, Nov 17 — The ringgit slipped further against the US dollar today, amid expectations that the Federal Reserve (Fed) may increase interest rate earlier than expected, a dealer said.

KUALA LUMPUR, Nov 17 — A study to ensure that cooking oil subsidy can be optimised and to ascertain that its distribution reaches the target group, is expected to be completed next year, the Dewan Rakyat was told today.

KUALA LUMPUR, Nov 17 — The ringgit continued to open lower today as the greenback gained further strength with the United States (US) October’s Retail Sales increasing more than the expected growth of 1.7 per cent month-on-month against 1.4 per cent expansion as anticipated by the consensus.

KUALA LUMPUR, Nov 16 — The ringgit opened slightly lower against the US dollar as the greenback gained momentum ahead of the United States (US) October’s Retail Sales data which is expected to rise to 0.7 per cent month-on-month, based on consensus estimates, said an analyst.

KUALA LUMPUR, Nov 15 —  AirAsia X (AAX) has given assurance that it will put in place travelling privileges in the form of travel credits for its passengers who are affected by its debt restructuring, where the credits can be utilised for future purchases of flight tickets once international borders reopen.

KUALA LUMPUR, Nov 15 — CGS-CIMB Securities Sdn Bhd  (CGS-CIMB) has lowered its 2021 gross domestic product (GDP) growth forecast from 3.9 per cent year-on-year (y-o-y) to 3.5 per cent y-o-y to reflect weaker-than-expected GDP performance in the third quarter of 2021 (Q3 2021).

KUALA LUMPUR, Nov 15 — Malaysia’s fourth-quarter growth is expected to rebound on the back of a strong export performance, as well as a pick up in private consumption as borders reopen, Moody’s Analytics said.