KUALA LUMPUR, April 30 — Consumer and industrial product and services were the biggest gainers on Bursa Malaysia today after the government eased the movement control order (MCO) to allow more than two million employees in various sectors to return to work.
KUALA LUMPUR, April 30 — Malaysia's international reserves remained usable as at end-March 2020, with official reserve assets at US$101.70 billion.
KUALA LUMPUR, April 30 — Exports of palm oil products had declined significantly by 34.8 per cent year-on-year (y-o-y) or 793,257 tonnes to 1.48 million tonnes during the movement control order (MCO) period up to April 14, from 2.28 tonnes recorded in the same period last year.
KUALA LUMPUR, April 30 — The ringgit opened higher against the US dollar as rising global crude oil prices bolstered the local note, amid early morning announcements by the US Federal Reserve (Fed) that it is keeping the interest rates unchanged.
KUALA LUMPUR, April 20 — The government has subsidised about 30 per cent of salary payments for small and medium entrepreneurs (SMEs) during the movement control order (MCO) to avoid retrenchment and reduce the number of people retrenched.
KUALA LUMPUR, April 29 — Malaysia is currently facing several challenges in continuing its growth trajectory, despite having made commendable progress over the past four decades, said Moody’s Analytics.
KUALA LUMPUR, April 28 — The ringgit opens easier against the US dollar today in tandem with the decline in global crude oil prices.
KUALA LUMPUR, April 28 — Bursa Malaysia continues its positive streak for the second day as almost all index inched higher, driven by buying activities, especially in small capital stocks.
KUALA LUMPUR, April 27 — The ringgit opened higher against the US dollar today on renewed demand for the local note amid the recovery in global crude oil prices.
KUALA LUMPUR, April 24 — The ringgit reversed yesterday’s gains to open easier today on renewed concerns over the economic impact of Covid-19, despite the recovery of global crude oil prices.
WASHINGTON, April 24 — Asia equities face a bumpy session today after Wall Street pared early gains as optimism over a rebound in oil prices and prospects for further government stimulus were offset by stark economic data showing the toll of the coronavirus pandemic.
KUALA LUMPUR, April 23 — Economic activities, including trade and investment, are expected to fully rebound by the third quarter of 2020 (Q3) and further strengthen through 2021, based on the Malaysian Institute of Economic Research (MIER) best-case scenario.
KUALA LUMPUR, April 23 — The decision to lift the movement control order (MCO), which is currently on its third phase, must be carefully made and directly communicated to the public, says the Malaysian Institute of Economic Research (MIER).
TOKYO, April 23 — The coronavirus pandemic battered Asian economies in April with social-distancing policies and business closures taking a particularly heavy toll on the region’s service sector firms, surveys showed today.
KUALA LUMPUR, April 23 — The ringgit opened 0.23 per cent higher against the US dollar today as the improving crude oil prices painted a more friendly outlook for the medium term.
KUALA LUMPUR, April 23 — Bursa Malaysia extended yesterday’s upswing to open higher today in line with most Asian markets, pushed by overnight gains on the Wall Street and positive investors’ reactions on earnings reports as well as signs of the easing of Covid-19 outbreak.
PUTRAJAYA, April 22 — The international reserves of Bank Negara Malaysia (BNM) amounted to US$102 billion as at April 15.
TOKYO, April 22 — Asian share markets slipped to two-week lows today as the floor fell out from under crude prices, exposing the deep economic damage wrought by the global coronavirus health crisis.
KUALA LUMPUR, April 22 — Bursa Malaysia opened lower today as heightening concerns over the global economic outlook prompted more selling activities across the board, dealers said.
KUALA LUMPUR, April 22 — The International Air Transport Association (IATA) has called on governments to work with the industry on confidence-boosting measures in the face of an anticipated slow recovery in demand for air travel.
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