KUALA LUMPUR, June 15 — The ringgit had eased to open lower today as the global economy continues to be under pressure following concerns of a resurgence of the Covid-19 pandemic.

KUALA LUMPUR, June 12 — The government will not get involved in any bailout of airline operators although they are badly affected by the Covid-19 pandemic as their business is run commercially, said Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz.

KUALA LUMPUR, June 12 — The Malaysian Digital Economy Corporation (MDEC) is expecting a 20 per cent growth in e-commerce contribution to the digital economy this year despite the enforced movement control order (MCO).

KUALA LUMPUR, June 12 — Malaysia will export more palm oil to India, China and the European Union (EU), the biggest buyers, in the third quarter after an easing of coronavirus curbs and an export duty exemption, a state agency and industry body forecast on Thursday.

KUALA LUMPUR, June 12 — The ringgit retreated against the US dollar in the early session today after four days of gains, weighed by the ongoing uncertainty in the global sentiment, a dealer said.

KUALA LUMPUR, June 12 — The world's largest producer of sustainable palm oil Sime Darby on Thursday made its million-dollar research into creating higher-yielding oil palm trees publicly available, in a move it said could help the industry slow deforestation.

KUALA LUMPUR, June 11 — The government has not used foreign borrowings to fund the execution of the Prihatin Rakyat Economic Stimulus Package (Prihatin) and the National Economic Recovery Plan (Penjana).

KUALA LUMPUR, June 11 — Top Glove Corporation Bhd posted a 366 per cent jump in third-quarter net profit amid "unparalleled growth" in sales due to the coronavirus pandemic, it said in a statement .

KUALA LUMPUR, June 11 — Malaysia's industrial production index plunged 32 per cent in April from a year earlier, its biggest drop on record, government data showed on Thursday, hit by a sharp decline in activity because of coronavirus curbs.

KUALA LUMPUR, June 11 — Bursa Malaysia opened higher today, despite the weaker overnight performance of Wall Street as investors assessed the dovish statement from the US Federal Reserve (Fed), dealers said.

KUALA LUMPUR, June 11 — The ringgit appreciated against the US dollar in early trade on buying support today after the United States' Federal Reserve (US Fed) maintained its monetary policy, a dealer said.

KUALA LUMPUR, June 10 — A joint survey conducted by the Japanese Chamber of Trade and Industry Malaysia (Jactim) and Japan External Trade Organisation (Jetro) showed that most Japanese companies operating in Malaysia are likely to maintain status quo on their investment in the next one to two years, with some planning after Covid-19.

KUALA LUMPUR, June 10 — Tenaga Nasional Bhd's (TNB) net profit declined to RM717.9 million for the first quarter ended March 31, 2020, from RM1.56 billion in the same period last year.

KUALA LUMPUR, June 10 — The ringgit was higher against the US dollar in early trade today on better demand for the local note despite lower global oil price and weak US inventory reports.

KUALA LUMPUR, June 10 — Airlines are expected to lose US$84.3 billion (RM360 billion) this year for a net profit margin of -20.1 per cent, while revenues will be halved to US$419 billion (RM1.8 trillion), according to the International Air Transport Association (IATA).

KUALA LUMPUR, June 9 — The ringgit extended last Friday’s upward momentum to trade higher against the US dollar in the early session today on renewed buying interest.

KUALA LUMPUR, June 8 — Malaysia's economy can be expected to be on the recovery path starting from the end of this year and return to growth into 2021, said The World Bank.

KUALA LUMPUR, June 5 — The global rubber demand is expected to return to positive growth in June 2020 with the expectations of natural rubber consumption growing 0.4 per cent after declining in April (-23.1 per cent) and May 2020 (-10.1 per cent).

KUALA LUMPUR, June 5 — Malaysia’s services exports reached an all-time high by recording RM169.8 billion with a growth of 4.6 per cent in 2019, boosted by favourable performance in travel, air transport and professional services, according to the Department of Statistics, Malaysia (DOSM).

KUALA LUMPUR, June 5 — Bank Negara Malaysia’s (BNM) international reserves amounted to US$102.9 billion as at May 29, 2020 compared with US$102.6 billion as at May 15, 2020 In a statement today, BNM said the reserves position is sufficient to finance 8.1 months of retained imports and is 1.1...