KUALA LUMPUR, Nov 26 — The Finance Ministry (MOF) has emphasised that the targeted rationalisation of diesel subsidies starting in June this year is not the main cause of the rise in costs of goods in the manufacturing sector, which led to the decline in the Purchasing Managers’ Index (PMI) in July.

KUALA LUMPUR, Nov 26 — The ringgit closed lower against the greenback today after United States (US) President-elect Donald Trump vowed to impose new tariffs on imports from Mexico and Canada.

KUALA LUMPUR, Nov 26 — Bank Negara Malaysia has said the transition to a green economy, while critical for addressing climate change, is leading to increased costs, a phenomenon termed “greenflation,” which could significantly affect businesses and consumers alike.

SEOUL, Nov 26 — Prime Minister Menteri Datuk Seri Anwar Ibrahim’s three-day working visit to South Korea, which ends today, has generated potential investments worth RM32.8 billion for Malaysia.

PUTRAJAYA, Nov 26 — The government has allocated RM33.8 billion to implement 325 initiatives and programmes for entrepreneurship and the development of micro, small and medium enterprises (MSMEs) this year.

KUALA LUMPUR, Nov 26 — Malaysia plans to start producing sustainable aviation fuel (SAF) in 2027, with an initial production capacity of one million metric tonnes per year, Plantation and Commodities Minister Johari Abdul Ghani said today.

KUALA LUMPUR, Nov 26 — The termination of the share subscription agreement (SSA) between Digital Nasional Bhd (DNB) and Telekom Malaysia Bhd (TM) will not jeopardise 5G access for the latter’s customers, said Digital Minister Gobind Singh Deo.

VIENTIANE, Nov 26 — As Malaysia gears up to assume the Asean chairmanship next year, the nation is preparing a comprehensive line-up of initiatives focused on inclusivity and sustainability, two themes central to its vision for the region.

PASIR MAS, Nov 26 — Thirty-nine padi farmers from Kampung Luar and Kampung Tersang here suffered losses of almost RM1 million following the flooding of 121ha of padi fields that were ready for harvest at the onset of the northeast monsoon.

KUALA LUMPUR, Nov 26 — A total of 120,183 expatriates were in Malaysia as of October 31, said Home Minister Datuk Seri Saifuddin Nasution Ismail.

KUALA LUMPUR, Nov 26 — Malaysia’s digital economy is poised to reach US$31 billion (RM138.4 billion) in gross merchandise value (GMV) this year, an increase of 16 per cent from last year.

KUALA LUMPUR, Nov 26 — The ringgit opened weaker against the US dollar today as the greenback regained strength, supported by a rebound in the US Dollar Index (DXY) from recent declines.

KUALA LUMPUR, Nov 25 — The ringgit closed higher against the United States (US) dollar on Monday, buoyed by a decline in US bond yields after the appointment of Scott Bessent as the US Treasury Secretary.

SEOUL, Nov 25 — The Malaysia-Korea Free Trade Agreement (FTA) will be finalised next year, with both countries committed to speeding up any stalled negotiations.

KUALA LUMPUR, Nov 25 — The nation is strengthening ties with international markets to avoid a strict bifurcation of the global semiconductor supply chain, particularly as more protectionist measures may be in store following Donald Trump’s recent victory in the United States (US) presidential election.

KUALA LUMPUR, Nov 25 — Malaysia’s leading index (LI) remained positive in September 2024, recording a 1.8 per cent annual growth to reach 111.5 points versus 109.5 points in the same month a year ago, said the Statistics Department (DOSM).

KUALA LUMPUR, Nov 25 — Local institutions were the primary supporters of Bursa Malaysia for the fifth consecutive week, recording a net inflow of RM250.6 million last week, up from RM207.7 million in the previous week.

KUALA LUMPUR, Nov 25 — The ringgit opened marginally higher against the US dollar on Monday due to a decline in the US Dollar Index (DXY) following its recent two-year high, according to an analyst.

KUALA LUMPUR, Nov 23 — The ringgit is expected to remain within a tight trading range, moving between RM4.46 and RM4.48 next week, said Bank Muamalat Malaysia Bhd chief economist Mohd Afzanizam Abdul Rashid.

PUTRAJAYA, Nov 22 — The tabling of the Gig Workers Economy Bill has been postponed to open up space and opportunities for more engagement sessions with stakeholders, said Communications Minister Fahmi Fadzil.