KUALA LUMPUR, Nov 13 — The ringgit opened marginally higher against the US dollar today despite the US Dollar Index’s (DXY) strengthening, which should accelerate demand for the greenback.
KUALA LUMPUR, Nov 12 — The enhancements to the Sales and Services Tax (SST), effective May 1 next year, are set to generate RM51.7 billion in revenue, said Finance Minister II Datuk Seri Dr Amir Hamzah Azizan.
CAIRO, Nov 12 — Prime Minister Datuk Seri Anwar Ibrahim today launched the operation of the Proton Holdings Bhd assembly plant here.
KUALA LUMPUR, Nov 12 — As of September 30, 89 per cent of the targeted affordable homes, or 443,259 units, have been completed, are currently under construction or are in the planning stages nationwide.
KUALA LUMPUR, Nov 12 — The ringgit opened marginally higher against the US dollar on Tuesday, lifted by a brief easing in the dollar's strength after an election-driven surge, analysts said.
KUALA LUMPUR, Nov 11 — The trend of declining fiscal deficit reflects the government’s commitment to reducing the debt-to-gross domestic product (GDP) ratio, ensuring it stays below 60 per cent in the medium term, as stipulated by the Public Finance and Fiscal Responsibility Act 2023.
KUALA LUMPUR, Nov 11 — The Agriculture and Food Security Ministry (MAFS) will discuss the proposal of setting the floor price for padi purchase at RM1,500 per metric tonne, its minister Datuk Seri Mohamad Sabu said.
KUALA LUMPUR, Nov 11 — Malaysia is closely monitoring changes that might impact global and local economies following Donald Trump’s win in the United States presidential election.
KUALA LUMPUR, Nov 11 — The government is considering using nuclear energy as a power source for the country in the future, said Science, Technology, and Innovation Minister Chang Lih Kang.
KUALA LUMPUR, Nov 11 — The Entrepreneur and Cooperatives Development Ministry (Kuskop) is set to address the impact of minimum wages on micro, small, and medium enterprises (MSMEs) with the Finance Ministry (MOF) and the Human Resources Ministry (MOHR).
KUALA LUMPUR, Nov 11 — Malaysia has a great potential in the downstream rare earth elements (REE) industry as a super magnet producer, particularly to support the growth of the electric vehicle (EV) manufacturing industry, the Dewan Rakyat was told today.
CAIRO, Nov 11 — Prime Minister Datuk Seri Anwar Ibrahim said the Muslim world could be left further behind without decisive and sustained investment in science, technology, engineering, and mathematics (STEM) education.
KUALA LUMPUR, Nov 11 — The construction sector sustains its momentum with positive growth of 22.9 per cent, reaching RM41.1 billion in the third quarter (3Q) of 2024, compared with a 20.2 per cent increase, amounting to RM38.9 billion in 2Q.
KUALA LUMPUR, Nov 11 — The National Artificial Intelligence Office (NAIO), which will be launched next month, will study the need to upgrade existing laws or enact new ones to regulate artificial intelligence (AI) and other new technologies.
KUALA LUMPUR, Nov 11 — The government aims to reduce the fiscal deficit to three per cent in the medium term, as outlined in the Madani Economy framework and the Public Finance and Fiscal Responsibility Act 2023 (Act 850).
KUALA LUMPUR, Nov 11 — The ringgit was traded easier against the US dollar at today’s opening, with demand for the greenback improving on the back of global political and economic uncertainties, an economist said.
CAIRO, Nov 10 — Malaysia and Egypt have agreed to work towards elevating bilateral relations to the level of strategic partnership in the near future, said Prime Minister Datuk Seri Anwar Ibrahim.
KUCHING, Nov 10 — U Mobile Sdn Bhd has completed 78 out of 81 towers assigned to them under the National Digital Network Plan (Jendela), said Communications Minister Fahmi Fadzil.
CAIRO, Nov 10 — Prime Minister Datuk Seri Anwar Ibrahim arrived in Egypt today for a four-day official visit at the invitation of President Abdel Fattah El-Sisi.
KUALA LUMPUR, Nov 9 — The ringgit is expected to trade higher against the US dollar as the interest rate differential seems to favour the ringgit.
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