KUALA LUMPUR, Sept 18 — The ringgit is likely to stabilise against the US dollar next week, driven by a bullish outlook on the global financial market, with the focus on the United States Federal Reserve (Fed), said an economist.

KUALA LUMPUR, Sept 14 — As Malaysia strives to be a high-income nation with high technology and Industrial Revolution 4.0 adoption, investments must be supported with policies to support the workforce, especially high-skilled labour, said economists.

KUALA LUMPUR, Sept 14 — Natural rubber (NR) production in July 2021 has increased by 22.3 per cent to 47,473 tonnes compared to 38,807 tonnes in June 2021, said the Department of Statistics Malaysia (DOSM).

KUALA LUMPUR, Sept 14 — The ringgit rebounded from Monday’s dip to open firmer today after the signing of the Memorandum of Understanding (MoU) on Political Stability and Transformation by Prime Minister Datuk Seri Ismail Sabri Yaakob and heads of the Pakatan Harapan component parties yesterday.

KUALA LUMPUR, Sept 13 — The ringgit had retraced its gains last week to close weaker against the US dollar today as some investors had retreated to the safe-haven greenback due to expectations that the United States Federal Reserve would begin tapering asset purchases.

KUALA LUMPUR, Sept 13 — Asia-Pacific mergers and acquisitions (M&A) activity hit an all-time high in the first six months of 2021, with values targeting the region nearly doubling to US$535 billion (US$1=RM4.14) from US$284 billion in the same period last year, said global accounting and consulting group EY.

KUALA LUMPUR, Sept 13 — Malaysia’s six largest banks have reported that loans under Covid-19 pandemic-related repayment assistance increased to an average of 27 per cent of total loans between July and August 2021 from 12 per cent in March to May.

KUALA LUMPUR, Sept 13 — The ringgit kicked off the week on a weaker note against the US dollar today as profit-taking emerged following last week's strong gains.

KUALA LUMPUR, Sept 7 — The post-pandemic outlook for the palm oil industry in Malaysia remains bright, backed by the balanced supply and demand as well as expected recovery from labour shortages next year.

KUALA LUMPUR, Sept 7 — Malaysia is putting a priority on rebuilding its economy and placing the country on a stronger footing with a more competitive economy, said Minister in the Prime Minister’s Department (Economy) Datuk Seri Mustapa Mohamed.

KUALA LUMPUR, Sept 7 —  The ringgit opened moderately higher against the US dollar today in line with the crude oil price that has moved into positive territory at the time of writing.

KUALA LUMPUR, Sept 6 — The ringgit was trading higher against the US dollar on Monday, still on positive investors’ sentiment tracking Malaysia's manufacturing Purchasing Managers’ Index (PMI) which climbed to 43.4 last month from 40.1 in July 2021.

KUALA LUMPUR, Sept 3 — The ringgit closed higher against the US dollar on Friday amid firmer Brent crude oil price, considering that the price has a causality effect towards the movement of the local note, an analyst said.

KUALA LUMPUR, Sept 3 —  The ringgit opened higher against the US dollar on Friday ahead of the United States (US) employment report which is scheduled to be released today, a dealer said.

KUALA LUMPUR, Sept 2 — The ringgit opened higher against the US dollar on Thursday as investors remained cautious ahead of the United States (US) economic data disclosure, a dealer said.

KUALA LUMPUR, Sept 1 — Business activity slowed down markedly in the first half (H1) of 2021 as the tightening of Covid-19 lockdowns put further strains on the manufacturing sector, according to a biannual industry survey.

KUALA LUMPUR, Aug 30 — The ringgit opened higher against the US dollar in early trade today on improved sentiment towards the currency, coupled with rising oil prices, a dealer said.

KUALA LUMPUR, Aug 23 — Malaysia critically needs trade-based solutions to ease liquidity constraints brought by Covid-19 pandemic, said Bank Negara Malaysia (BNM) assistant governor Adnan Zaylani Mohamad Zahid.

KUALA LUMPUR, Aug 23 — The ringgit rose against the US dollar in early trade Monday as improved market sentiment following the certainty in Malaysia’s political environment helped lift investors’ risk appetite.

KUALA LUMPUR, Aug 20 — The ringgit opened lower against the US dollar on Friday as the safe haven greenback advanced amidst ongoing concerns over the rising COVID-19 cases globally and better United States (US) initial jobless claims data, analysts said.