KUALA LUMPUR, Nov 9 — The government is confident of achieving its deficit target of 6.5 per cent of gross domestic product (GDP) for this year, said Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz.

KUALA LUMPUR, Nov 9 — Petroliam Nasional Berhad (Petronas) said today it has partnered with a Malaysian unit of Exxon Mobil Corp to jointly explore opportunities in carbon capture and storage (CCS) technologies in a bid to decarbonise the country's upstream industry.

KUALA LUMPUR, Nov 9 — The ringgit extended its gains versus the US dollar at the opening today on subdued buying support for the greenback, despite the United States (US)’ better economic data.

KUALA LUMPUR, Nov 8 — Bank Negara Malaysia’s (BNM) international reserves stood at US$116.1 billion as at October 29, 2021.

PUTRAJAYA, Nov 8 — Malaysia’s services producer price index (SPPI) edged up 0.2 per cent to 110.5 in the third quarter of 2021 (3Q21) as compared to 110.3 in the same quarter of 2020, said the Department of Statistics Malaysia (DOSM).

KUALA LUMPUR, Nov 8 — The Asia-Pacific Economic Cooperation (Apec) region is expected to grow by six per cent in 2021 and settle at 4.9 per cent in 2022 in anticipation of the unwinding of fiscal and monetary support measures, according to the newly published Apec Regional Trends Analysis (ARTA) report.

KUALA LUMPUR, Nov 8 — The ringgit opened slightly higher against the US dollar despite better sentiment for the greenback following the latest announcement by the US Federal Reserve (Fed) that it would taper its asset purchase programme.

KUALA LUMPUR, Nov 5 — The ringgit opened lower on Friday as the US dollar extended gains.

KUALA LUMPUR, Nov 2 — MIDF Research anticipates that manufacturing activities in Malaysia will strengthen further, bolstered by the recovery in domestic demand and robust trade performance.

KUALA LUMPUR, Nov 2 —  Moody's Investors Service has raised its price sensitivity range for crude palm oil (CPO) to between RM2,800 and RM3,200 per tonne from between RM2,200 and RM2,600 per tonne through 2022.

KUALA LUMPUR, Nov 2 — The ringgit opened steady against the US dollar on Tuesday after a stronger-than-expected Manufacturing Purchasing Managers’ Index (PMI) in October, with all eyes on interest rate and inflation data.

KUALA LUMPUR, Oct 31 — The government has asserted the importance of increasing the debt ceiling to 65 per cent of gross domestic product (GDP) to have a wiggle room to finance the government's budget deficit in the medium term, including funding needs for the implementation of the 12th Malaysia Plan (12MP).

KUALA LUMPUR, Oct 30 — The ringgit is expected to trade in a range with appreciation bias against the US dollar next week, given that the tabling of Budget 2022 will continue to spur positive sentiment towards the Malaysian economy, an analyst said.

KUALA LUMPUR, Oct 29 — The unemployment in the country rate is anticipated to fall and return to the full employment level at four per cent in 2022.

KUALA LUMPUR, Oct 29 — The ringgit surged to end higher against the US dollar on Friday, boosted by positive sentiments following the tabling of Budget 2022 today, an analyst said.

KUALA LUMPUR, Oct 28 — The ringgit ended higher against the US dollar on Thursday, supported by positive sentiment towards the local currency after Malaysia released encouraging trade data for September, an analyst said.

PUTRAJAYA, Oct 27 —The Domestic Trade and Consumer Affairs Ministry (MDTCA) has listed 11 items under the Festive Season Maximum Price Control Scheme (SHMMP) to be enforced from Nov 1 to 7 in conjunction with Deepavali which will be celebrated next week.

KUALA LUMPUR, Oct 27 — The ringgit opened almost flat against the US dollar today as a lack of market moving news resulted in most investors remaining on the sidelines, said a dealer.

KUALA LUMPUR, Oct 26 — The ringgit opened easier against the greenback on Tuesday, on a lack of market catalysts, said a dealer.

KUALA LUMPUR, Oct 25 —  The ringgit depreciated against the greenback at the opening on Monday, with investors waiting on the sidelines ahead of the Budget 2022 tabling on October 29, said a dealer.