KUALA LUMPUR, Nov 8 — The ringgit closed stronger against the US dollar today, driven by broad market optimism.

KUALA LUMPUR, Nov 8 — Malaysia’s Industrial Production Index (IPI) growth moderated to 2.3 per cent year-on-year (y-o-y) in September from a 4.1 per cent y-o-y growth in August, dragged by weaker production in the manufacturing and electricity sectors, according to the Department of Statistics (DOSM).

KUALA LUMPUR, Nov 8 — The manufacturing sector’s sales value for September 2024 reached RM162.3 billion, reflecting a 2.9 per cent increase year-on-year (y-o-y), according to the Statistics Department (DOSM).

KUALA LUMPUR, Nov 8 — The ringgit opened at the 4.38 level against the US dollar on Friday after the United States Federal Reserve (Fed) cut interest rates by 25 basis points (bps) during its Federal Open Market Committee (FOMC) meeting last night.

KUALA LUMPUR, Nov 7 — The ringgit continued its downward momentum against the US dollar on Thursday, albeit marginally, weighed by a decline in Malaysia's international reserves.

KUALA LUMPUR, Nov 7 — An increase in investment inflows, improved tax collection relative to the gross domestic product (GDP), and a narrower fiscal deficit are positive catalysts expected to drive Malaysia's economy to grow between 5.0 per cent and 5.5 per cent in 2024 and 2025.

KUALA LUMPUR, Nov 7 — Services sector revenue in Malaysia grew by 5.9 per cent year-on-year (y-o-y) in the third quarter of 2024 (3Q 2024), reaching RM618.5 billion, said the Department of Statistics Malaysia (DOSM).

KUALA LUMPUR, Nov 7 — Communications Minister Fahmi Fadzil said he and his deputy were not involved in choosing U Mobile Sdn Bhd as the mobile network operator (MNO) for  the country’s second 5G network.

Dewan Rakyat sitting today to cover U Mobile 5G network licence  KUALA LUMPUR, Nov 7 — An explanation on the award of the second 5G network licence to U Mobile Sdn Bhd will be among the highlights of the Dewan Rakyat session today. According to the Order Paper on the Parliament website, the...

KUALA LUMPUR, Nov 7 — The ringgit opened slightly higher against the greenback, while the US Dollar Index rose to 105.009 points, a 1.5 per cent increase from yesterday’s close.

KUALA LUMPUR, Nov 6 — The government is adopting a pragmatic approach in planning the country’s economic development, said Economy Minister Mohd Rafizi Ramli.

KUALA LUMPUR, Nov 6 — Bank Negara Malaysia’s (BNM) decision to maintain the overnight policy rate at 3.00 per cent at its final Monetary Policy Committee (MPC) meeting of the year reflects the central bank’s support for domestic economic growth.

KUALA LUMPUR, Nov 6 — The ringgit closed lower against the US dollar today, snapping two days of gains, as the US presidential election results poured in.

KUALA LUMPUR, Nov 6 — The retail prices for RON95 and RON97 are to remain at RM2.05 and RM3.19 per litre from tomorrow to November 13.

SHANGHAI, Nov 6 — Chinese investors and companies are showing greater interest in Malaysia, said Prime Minister Datuk Seri Anwar Ibrahim.

BARCELONA, Nov 6 — Malaysia’s Smart City Framework, which aims to bring local cities up to global smart city standards, is generating impactful results, as evidenced by Kuala Lumpur’s impressive leap of 16 spots in the latest Institute for Management Development Smart City Index.

KUALA LUMPUR, Nov 6 — Living costs, human-tiger conflict, and halal certification by the Islamic Development Department (Jakim) are among issues to be discussed in today’s Dewan Rakyat session.

KUALA LUMPUR, Nov 6 — The ringgit extended its gains against the US dollar at the opening today, driven by improved sentiment ahead of Bank Negara’s (BNM) announcement on the overnight policy rate (OPR) later today.

KUALA LUMPUR, Nov 5 — The ringgit continued to be on a stronger footing against the United States (US) dollar today after recent weakness as the markets anticipate a rate cut by the US Federal Reserve (US Fed).

KUALA LUMPUR, Nov 5 — The Agriculture and Food Security Ministry (MAFS) is focusing on the redevelopment of idle padi fields, to enhance the national rice self-sufficiency ratio (SSR).