KUALA LUMPUR, Aug 23 — The ringgit remained well-supported against the US dollar, closing the trading week at the 4.37 level.

KUALA LUMPUR, Aug 23 — Malaysian exporters recorded sales of RM12.88 million at the Integrated Electronics and Manufacturing Interconnections (IEMI) 2024 in Bengaluru, India, from July 29 to July 30.

KUALA LUMPUR, Aug 23 — The Leading Index (LI) continued its positive trend by registering a 3.5 per cent growth and reached 113.4 points in June 2024, compared to 109.6 in the same month last year, said the Department of Statistics (DOSM) today.

KUALA LUMPUR, Aug 23 — The latest investments by Amazon Web Services (AWS) underscore that Malaysia has much to offer to foreign businesses that go beyond tax incentives, said an economist.

KUALA LUMPUR, Aug 23 — The ringgit opened marginally higher against the US dollar today, ahead of the US Federal Reserve (Fed) chairman Jerome Powell’s speech later today at the Jackson Hole Symposium.

SHAH ALAM, Aug 22 — Prime Minister Datuk Seri Anwar Ibrahim today called on Bumiputera firms to emulate Permodalan Nasional Bhd (PNB) and Petronas in consistently upholding integrity in company management.

KUALA LUMPUR, Aug 22 — Investment, Trade and Industry Minister Datuk Seri Tengku Zafrul Abdul Aziz said the collaboration with electric vehicle (EV) maker Tesla is to make Malaysia the main regional green technology hub.

ALOR SETAR, Aug 22 — The Farmers’ Organisation Authority (LPP) has called on the government to consider extending the diesel subsidy scheme to include agricultural machinery to alleviate the financial burden on farmers.

KUALA LUMPUR, Aug 22 — Malaysia's economic growth may achieve or even surpass the 5.0 per cent target in 2024, according to the Malaysian Institute of Economic Research (MIER).

KUALA LUMPUR, Aug 22 — Bank Negara Malaysia’s (BNM) international reserves rose to US$115.9 billion as of August 15, from US$114.7 billion as of July 31.

KUALA LUMPUR, Aug 22 — July inflation has remained at 2 per cent since May, said the Statistics Department (DOSM) in a recent report.

KUALA LUMPUR, Aug 22 — Low-cost airline AirAsia, owned by Capital A, has raised US$443 million (RM1.94 billion) in dual-tranche financing to refurbish planes grounded during the Covid-19 pandemic, Bloomberg News reported today.

SINGAPORE, Aug 22 — Malaysia is fast becoming a haven in Southeast Asia and foreign investors are returning to a long-overlooked market as a confluence of improving growth, stable government and rising currency sets it apart among peers grappling with political flux.

KUALA LUMPUR, Aug 22 — Malaysia's participation in BRICS will underscore the country’s potential as a gateway for economic activities in Asean countries, said an economist.

KUALA LUMPUR, Aug 22 — The ringgit continued its upward trend versus the US dollar at the opening as the US Dollar Index (DXY) recently fell to its weakest point in 2024, prompting buying interest for other currencies, including the ringgit.

KUALA LUMPUR, Aug 21 — The ringgit is expected to strengthen further against the US dollar, driven by ongoing global monetary easing from major central banks and a sustained positive interest rate differential.

KUALA LUMPUR, Aug 21 — Malaysia has exported close to RM160 billion worth of commodities and related products per annum, with oil palm accounting for the biggest share at more than RM100 billion, according to Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani.

By Yasmin Ramlan SHAH ALAM, Aug 21 — Malaysia’s better-than-expected gross domestic product (GDP) growth last quarter reflects strong public confidence in the local market, according to an economist. Prof Emeritus Barjoyai Bardai said this has led to robust private and local spending, which...

KUALA LUMPUR, Aug 21 — Seven states have surpassed the national manufacturing industry capacity utilisation rate in the second quarter of 2024 (2Q 2024).

KUALA LUMPUR, Aug 21 — The ringgit continued to strengthen against the US dollar, driven by a decline in the US Dollar Index (DXY), as investors anticipated potential rate cuts by the US Federal Reserve.