KUALA LUMPUR, Sept 23 — Malaysia’s aviation passenger traffic is now forecast to recover to 94 per cent this year, a sharp increase from the modest four per cent growth initially projected, MIDF Research said.
KUALA LUMPUR, Sept 23 — Bursa Malaysia continued its uptrend in the early trading session today, backed by the expectation of foreign fund inflows into the Malaysian equity market, according to an analyst.
KUALA LUMPUR, Sept 23 — The ringgit opened almost flat on Monday and is expected to retain its bullish trend as the United States (US) Federal Reserve’s (Fed) rate cut last week signalled a soft landing for US economic growth.
SERDANG, Sept 22 — The Malaysia Agriculture, Horticulture and Agrotourism Show (Maha) 2024, which concludes today after a 12-day run, has recorded direct sales totalling more than RM41 million as of this morning.
KUALA LUMPUR, Sept 21 — The ringgit is anticipated to move on a continued bullish bias next week, trading at 4.1875 to 4.2025 against the US dollar, said an analyst.
KUALA LUMPUR, Sept 20 — The ringgit is the clear winner from the 50 basis points (bps) cut to the United States Federal Funds Rate (FFR) as it continued its appreciation against the greenback.
KUALA LUMPUR, Sept 20 — As the latest iPhone 16 becomes available in Malaysia, many consumers are considering whether buying the device locally is the best financial choice, especially considering the fluctuating ringgit against major currencies such as the United States (US) dollar and the Singapore dollar.
KUALA LUMPUR, Sept 20 — The US Federal Reserve’s (Fed) recent decision to slash interest rates has a significant impact on Malaysia’s ringgit, especially in light of shifting currency dynamics across the region.
KUALA LUMPUR, Sept 20 — The ringgit was lower against the US dollar in early trade on Friday as falling oil prices weighed on sentiment and as traders took profit after recent gains, analysts said.
KUALA LUMPUR, Sept 19 — MIDF Amanah Investment Bank Bhd has maintained its projection that Malaysia’s goods exports and imports will recover and rebound to 5.2 per cent and 11.2 per cent growth, respectively, in 2024, following a more robust performance in August.
KUALA LUMPUR, Sept 19 — The ringgit has continued to strengthen against the US dollar, hitting a 28-month high versus the greenback after the United States (US) Federal Reserve (US Fed) kept to its words and delivered a 50-basis points interest rate cut last night.
SERDANG, Sept 19 — The Malaysian Agriculture, Horticulture, and Agrotourism Show (Maha) 2024 yesterday successfully achieved its target of drawing three million visitors, said Agriculture and Food Security Minister Datuk Seri Mohamad Sabu.
KOTA BHARU, Sept 19 — The Defence Ministry, through the Ex-Serviceman Affairs Corporation (Perhebat), is targeting 200 Malaysian Armed Forces (MAF) veterans to join the MAF Veteran Entrepreneur Empowerment (Puvet) programme this year.
JITRA, Sept 19 — Farmers from the Lubuk Batu Area Farmers’ Organisation (PPK) near here have suffered losses exceeding RM2 million after nearly all of their 232ha padi fields were flooded since Monday.
KUALA LUMPUR, Sept 19 — Former Prime Minister Tun Abdullah Ahmad Badawi was the recipient of the Special National Halal Development Excellence Award at the Malaysia International Halal Showcase (Mihas) 2024.
KUALA LUMPUR, Sept 19 — Bank Negara Malaysia (BNM) is expected to hold the overnight policy rate (OPR) at 3.00 per cent despite another possible 50 basis points (bps) rate cut by the United States Federal Reserve (US Fed) this year, said Rakuten Trade Sdn Bhd’s head of research Kenny Yee.
KUALA LUMPUR, Sept 19 — The number of micro, small, and medium enterprises (MSME) increased from 907,065 in 2015 to 1,069,831 in 2022, with a compound annual growth rate (CAGR) of 2.4 per cent, according to the Department of Statistics Malaysia (DOSM).
KUALA LUMPUR, Sept 19 — Deputy Investment, Trade and Industry secretary-general (industry) Datuk Hanafi Sakri said Malaysia and Palestine will sign a memorandum of understanding (MOU) to boost bilateral cooperation in several sectors.
KUALA LUMPUR, Sept 19 — Malaysia and Brazil reaffirmed their strong commitment to deepening bilateral cooperation across key sectors, including the halal industry, trade, and investment, underscoring their shared vision for enhanced economic and strategic partnerships.
KUALA LUMPUR, Sept 19 — The ringgit opened slightly lower against the greenback on a lack of buying interest despite a 50 basis points United States interest rate cut decision by the US Federal Reserve (Fed).
Media Selangor Sdn Bhd, a subsidiary of the Selangor State Government (MBI), is a government media agency. In addition to Selangorkini and SelangorTV, the company also publishes portals and newspapers in Mandarin, Tamil and English.