KUALA LUMPUR, Aug 5 — The Energy Transition and Water Transformation Ministry (Petra) will focus on the energy and water supply framework, supply provision and the framework for the data centre industry, said Deputy Minister Akmal Nasrullah Mohd Nasir.

KUALA LUMPUR, Aug 5 — The ringgit continues to sustain its upward momentum for an 11th consecutive day against the United States dollar as investors redirect their investments to the Asia-Pacific region following weaker United States jobs data on Friday, said an analyst.

KUALA LUMPUR, Aug 4 — Malaysia has received 1,185,050 visitors from China as of May, a 194 per cent increase from the same period last year, said Tourism, Arts and Culture Minister Datuk Seri Tiong King Sing.

KUALA LUMPUR, Aug 3 — The ringgit is likely to strengthen well below 4.55 against the US dollar next week, said Kenanga Investment Bank Bhd.

KUALA LUMPUR, Aug 2 — The ringgit has maintained its bullish trend, hitting a 14-month high of RM4.49 against the greenback at the close today as anticipation for a United States (US) rate cut gained momentum.

PUTRAJAYA, Aug 2 — Malaysia has demonstrated commendable economic resilience, achieving a gross domestic product (GDP) growth of 3.6 per cent in 2023, said the Statistics Department.

KUALA LUMPUR, Aug 2 — The ringgit opens higher against the United States dollar today, continuing its 10-day rally as investors anticipate possible Federal Reserve (Fed) rate cuts next month.

KUALA LUMPUR, Aug 1 — The ringgit continued its strong stride today, hitting a near one-year high after strengthening against the US dollar for nine straight days.

KUALA LUMPUR, Aug 1 — Malaysia’s economy can grow stronger than 4.7 per cent in 2024, up from 3.6 per cent in 2023, driven by rising domestic spending, increased business activities, and a recovery in external trade, said MIDF Amanah Investment Bank Bhd.

KUALA LUMPUR, Aug 1 — The ringgit is expected to strengthen further as determined by market forces, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

KUALA LUMPUR, Aug 1 — Malaysia’s financial services achieved a 10.6 per cent combined annual growth from 2015 to 2022, said the Department of Statistics Malaysia (DOSM).

KUALA LUMPUR, Aug 1 — The ringgit opened slightly higher today, extending its nine-day upward trajectory against the US dollar and lingering at an 11-month high.

KUALA LUMPUR, Aug 1 — The boycott movement on foreign businesses and products is not seen to have a significant impact on the national economy, the Ministry of Economy said.

KUALA LUMPUR, July 31 — Malaysia's micro, small, and medium enterprises (MSMEs) sector has scaled up as growth data indicates positive development, said Entrepreneur Development and Cooperatives Minister Datuk Ewon Benedick.

KUALA LUMPUR, July 31 — The retail prices for RON97 and RON95 petrol as well as diesel will remain unchanged at RM3.47, RM2.05, and RM3.35 per litre respectively, from August 1 to August 7.

KUALA LUMPUR, July 31 — The ringgit continued its uptrend today, closing at a near 11-month high of RM4.58 against the US dollar.

KUALA LUMPUR, July 31 — Outstanding business loans grew at a stronger rate of 5.6 per cent in June 2024 compared to 4.8 per cent in May, supported by both working capital and investment-related loans.

KUALA LUMPUR, July 31 — The Economic Census 2023 report has revealed that the manufacturing sector’s gross output value increased 7.5 per cent annually to RM1.89 trillion in 2022 compared to 2015, said the Department of Statistics Malaysia (DOSM).

KUALA LUMPUR, July 31 — Malaysia’s official reserve assets amounted to US$113.82 billion while other foreign currency assets stood at US$513.40 million as of the end of June, said Bank Negara Malaysia (BNM).

KUALA LUMPUR, July 31 — The Retirement Fund Inc’s (KWAP) net income surged 36-times to RM9.7 billion for the financial year 2023 (FY2023) — its second highest figure since 2017 — compared to RM263 million in 2022.