KUALA LUMPUR, March 2 — The ringgit opened slightly higher against the US dollar amid growing expectations that Bank Negara Malaysia (BNM) and the US Federal Reserve would cuts interest rates soon.

KUALA LUMPUR, Feb 29 — The ringgit is expected to remain on the weaker side of 4.20 versus the US dollar next week amid a lack of positive catalysts.

KUALA LUMPUR, Feb 28 — The RM20 billion economic stimulus package will roughly add about 1.4 percentage points to the country’s Gross Domestic Product (GDP) in 2020, which has already been revised lower to between 3.2-4.2 per cent from the government’s earlier target of 4.8 per cent.

KUALA LUMPUR, Feb 28 — The ringgit continued its uptrend against the US dollar at the opening today on improved demand as the 2020 Economic Stimulus Package introduced yesterday boosted investors’ sentiment, analysts said.

KUALA LUMPUR, Feb 27 — Bursa Malaysia main index, the FTSE Bursa Malaysia KLCI (FBM KLCI) ended on a high driven by the economic stimulus package announced by the interim Prime Minister, Tun Dr Mahathir Mohamad today.

KUALA LUMPUR, Feb 27 — The Malaysian Investment Development Authority (MIDA) expects business sentiment in Malaysia to remain good amid the current global market uncertainties, including Covid-19 concerns, and the domestic political situation.

KOTA BHARU, Feb 27 — The Ministry of Economic Affairs has allocated RM15 million to the Bumiputera Agenda Steering Unit (Teraju) for the implementation of the Bumiputera Entrepreneurs Startup Scheme (Superb) this year.

KUALA LUMPUR, Feb 27 — The ringgit opened higher today against the US dollar on better demand due to investors’ improved risk appetite ahead of the announcement of the government's economic stimulus package later today.

KUALA LUMPUR, Feb 26 — The ringgit snapped its seven-day losing streak against the US dollar today, lifted by improved investors’ risk appetite ahead of the government's Economic Stimulus Package announcement tomorrow.

KUALA LUMPUR, Feb 26 — The ringgit extended its downtrend against the US dollar at the opening today as the country’s political uncertainty drags on amid reports of a unity government in the works and calls for a snap election, analysts said.

KUALA LUMPUR, Feb 25 — The ringgit opened slightly higher against the US dollar on buying support today after yesterday’s downtrend amid a possible realignment of the country’s political forces and the ongoing Covid-19 outbreak.

KUALA LUMPUR, Feb 25 — The Ministry of Primary Industries has urged palm oil industry players and relevant associations to intensify good labour practices and organise awareness programmes on forced and child labour.

KUALA LUMPUR, Feb 24 — Bank Negara Malaysia (BNM) is closely monitoring conditions in the financial markets, in light of the recent developments surrounding the country’s political landscape.

KUALA LUMPUR, Feb 24 — Short-term rates are expected to remain stable today on Bank Negara Malaysia’s (BNM) operations to absorb surplus liquidity from the financial system.

KUALA LUMPUR, Feb 24 — The ringgit extended its downtrend to open lower against the US dollar today, weighed by the ongoing uncertainty over local political wranglings, analysts said.

KUALA LUMPUR, Feb 21 — Smart farming, aerospace and the digital economy can play a big role in injecting new dynamism in the bid to become a high-income economy, says Economic Affairs Minister Datuk Seri Mohamed Azmin Ali.

KUALA LUMPUR, Feb 20 — RAM Ratings expects Malaysia’s overall inflation rate to rise to 1.8 per cent in January 2020 from 1.0 per cent in the preceding month, underpinned by higher transport fuel inflation amid the low-base effects of retail fuel prices.

KUALA LUMPUR, Feb 20 — The ringgit continued its downtrend today amid a weaker global economy due to the lingering concerns on the Covid-19 outbreak.

KUALA LUMPUR, Feb 19 — Malaysia has been losing RM5 billion in tax revenue annually from the sale of illegal cigarettes, according to Japan Tobacco International Bhd (JTI Malaysia).

PETALING JAYA, Feb 19 — The government is advising and encouraging industry players whose businesses are affected by the Covid-19 outbreak to retain and retrain their employees to prepare for a rebound.