KUALA LUMPUR, Oct 28 — Malaysia’s Producer Price Index (PPI), which measures the price changes of goods at the producer level, fell year-on-year to 2.1 per cent in September after seven consecutive months of growth, according to the Department of Statistics Malaysia (DOSM).
KUALA LUMPUR, Oct 28 — The ringgit opened slightly higher against the US dollar today with market sentiment remaining guarded as the world braces for the US presidential election, which will be held on November 5.
KUALA LUMPUR, Oct 27 — Malaysia’s recognition as one of the 13 nations officially added to BRICS presents significant economic opportunities, opening doors to trade, investment, and cooperation with the world’s largest emerging markets, including Brazil, Russia, India, China, and South Africa.
KUALA LUMPUR, Oct 26 — The Malaysian Communications and Multimedia Commission (MCMC) has established a strategic collaboration with three international organisations to address healthcare challenges facing the nation.
KUALA LUMPUR, Oct 26 — The Digital Ministry has acknowledged the importance of empowering micro, small, and medium-sized enterprises (MSMEs) to leverage artificial intelligence (AI) and digital technology.
KUALA LUMPUR, Oct 26 — His Majesty Sultan Ibrahim, King of Malaysia, today officiated the opening of the Malaysian International Healthcare (MIH) Megatrends Conference 2024.
PUTRAJAYA, Oct 25 — The Task Force on Sick and Abandoned Private Housing Projects (TFST) has revived 371 projects, involving 46,139 private housing units with a gross development value (GDV) of RM44.59 billion, between January and September.
KUALA LUMPUR, Oct 25 — The Retirement Fund Inc (KWAP) has invested RM219 million for a minority stake in Cyan Renewables (Cyan), Asia’s largest owner and operator of offshore support vessels.
KUALA LUMPUR, Oct 25 — The ringgit extended positive momentum to trade higher against the US Dollar in the early session today, supported by continued buying demand as more investors shifted to currencies from emerging countries, including the ringgit, an analyst said.
KUALA LUMPUR, Oct 24 — MIDF Amanah Investment Bank Bhd has revised its 2024 inflation forecast downward to two per cent from 2.3 per cent previously, taking into account the absence of subsidy rationalisation this year.
KUALA LUMPUR, Oct 24 — The ringgit inched higher against the US dollar at Thursday’s close, supported by the stable inflation data.
KUALA LUMPUR, Oct 24 — Bursa Malaysia continued its downtrend to close lower today for the fourth day running, in line with regional peers due to a broad global equity sell-off, said an analyst.
KUALA LUMPUR, Oct 24 — The government will continue to promote the use of local currency in international settlements and periodically enhance mechanisms with strategic partner countries.
KUALA LUMPUR, Oct 24 — The ringgit traded slightly higher against the US dollar early Thursday, amid uncertainty over the upcoming US presidential election on November 5, an analyst said.
KUALA LUMPUR, Oct 23 — The ringgit continued to weaken against the US dollar on Wednesday as uncertainty surrounding the outcome of the US presidential election on November 5 weighed on the local currency.
KUALA LUMPUR, Oct 23 — The ringgit edged up against the US dollar in the early session on Wednesday, amidst cautious sentiments on the global economic front as recent losses prompted some investors to shift towards emerging currencies, said an analyst.
KUALA LUMPUR, Oct 22 — The ringgit ended lower on Tuesday on the continued expectation of a slower pace of US interest rate cuts, China’s cooling economy and heightened geopolitical risks in the Middle East, said an analyst.
SEPANG, Oct 22 — Malaysia Airports Holdings Bhd (MAHB) has been asked to implement several upgrades at all national entry points in preparation for Malaysia’s Asean chairmanship next year, said Transport Minister Anthony Loke.
KUALA LUMPUR, Oct 22 — The government is urged to assist small and medium enterprises (SMEs) by raising the taxable income threshold for the 15 per cent tax rate from RM150,000 to RM300,000, following the introduction of the new RM1,700 minimum wage.
KUALA LUMPUR, Oct 22 — Malaysia’s international reserves stood at US$119.6 billion (RM517 billion) on October 15, compared with US$119.7 billion on September 30.
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