KUALA LUMPUR, July 12 — Some Asia-Pacific countries, including Malaysia, are expected to take significant hits in terms of economic growth in the third quarter (Q3) this year due to a resurgence in Covid-19 infections in the region, according to Moody’s Analytics.

KUALA LUMPUR, July 12 — Malaysia’s manufacturing sales grew 37.2 per cent year-on-year to RM122.7 billion in May 2021.

KUALA LUMPUR, July 12 — The ringgit opened firmer against the US dollar, backed by rising crude oil prices amid the higher number of Covid-19 cases in Malaysia.

KUALA LUMPUR, July 10 —   The ringgit is likely to move between 4.17 and 4.19 against the US dollar next week weighed by rising Covid-19 cases in the country and lack of positive catalysts.

KUALA LUMPUR, July 9 —  Bank Negara Malaysia (BNM) is anticipated to maintain the current Overnight Policy Rate (OPR) of 1.75 per cent until year-end after the Monetary Policy Committee (MPC) meeting yesterday stayed put on the rate, analysts said.

KUALA LUMPUR, July 9 — The ringgit opened firmer against the US dollar on Friday, buoyed by the rise in oil prices.

KUALA LUMPUR, July 8 — The ringgit opened weaker against the US dollar today as market participants took note of the political and Covid-19 situation in Malaysia, a dealer said.

KUALA LUMPUR, July 7 — The ringgit slid by 70 basis points against the US dollar today despite the firmer crude oil prices, as cautious sentiment prevailed after the local Covid-19 daily tally rose above 7,000 yesterday.

KUALA LUMPUR, July 6 — The ringgit opened marginally higher against the US dollar on Tuesday, supported by firmer crude oil prices.

KUALA LUMPUR, July 5 — Maybank Investment Bank has revised its 2021 budget deficit forecast for Malaysia to 6.8 per cent of Gross Domestic Product (GDP) from 6.2 per cent previously.

KUALA LUMPUR, July 5 — The ringgit opened firmer against the US dollar this morning ahead of Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) meeting on Thursday, during which the central bank is expected to maintain the current Overnight Policy Rate of 1.75 per cent to support the economy.

KUALA LUMPUR, July 1 — The ringgit opened lower against the US dollar this morning after the release of economic indicators in the United States (US) boosted the greenback, a dealer said.

KUALA LUMPUR, June 30 — The ringgit strengthened against the US dollar on Wednesday, buoyed by optimism over the country's goal of achieving herd immunity by September at the latest.

KUALA LUMPUR, June 30 — The domestic financial markets were affected by both domestic and external factors in May, while investor sentiment was affected by the uncertainty surrounding the course of the pandemic in the region, Bank Negara Malaysia (BNM) said.

KUALA LUMPUR, June 29 — Gains in Hartalega and Top Glove helped to boost Bursa Malaysia higher at mid-afternoon.

KUALA LUMPUR, June 29 — The official gross domestic product (GDP) growth outlook of between six per cent and 7.5 per cent set for this year will be reviewed, the Department of Statistic Malaysia said.

KUALA LUMPUR, June 29 — The ringgit opened slightly lower against the US dollar this morning as the oil price had declined amidst concerns that the spread of the Covid-19 Delta variant would ease demand for fuel, an analyst said.

KUALA LUMPUR, June 28 — Malaysia’s total trade grew by 26 per cent year-on-year (y-o-y) to RM867.4 billion in the first five months of 2021, the Ministry of International Trade and Industry (Miti) said.

KUALA LUMPUR, June 28 — Bursa Malaysia opened the new week in negative territory as sentiment was affected by the extension of the movement control order 3.0 (MCO 3.0) At 9.05am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) slid 7.88 points to 1,551.80 from Friday’s close of...

KUALA LUMPUR, June 28 — The ringgit opened slightly higher against the US dollar this morning, backed by firmer crude oil prices amid market volatility, as the full movement control order (FMCO) was set to be extended, a dealer said.