PUTRAJAYA, July 2 — Philippine President Ferdinand Marcos Jr has invited Malaysian companies to participate in economic activities in Southern Philippines.

KUALA LUMPUR, July 2 — The ringgit opened lower against the strengthening United States dollar but rose versus other major currencies, said an economist.

KUALA LUMPUR, July 2 — The average income of rubber smallholders has increased to RM436 per month as of May, marking a 40 per cent increase after the Agrofood initiative by the Rubber Industry Smallholder Development Authority (Risda) was implemented.

KUALA LUMPUR, July 1 — The ringgit ended marginally higher against the US dollar today after trading in a narrow range throughout the day.

KUALA LUMPUR, July 1 — Malaysia must start implementing carbon pricing to facilitate trading and taxing as the European Union prepares to start its Carbon Border Adjustment Mechanism (CBAM) in 2026.

KUALA LUMPUR, July 1 — The Agriculture and Food Security Ministry (MAFS) expects the export of fresh durian to China to commence in the third quarter of this year, the Dewan Rakyat was told today.

KUALA LUMPUR, June 30 — The Malaysia-European Union (EU) free trade agreement (FTA) should be revived, as it presents extensive cooperation prospects beyond lingering palm oil disputes, notably in the semiconductor sector.

KUALA LUMPUR, June 30 — Malaysia's world competitiveness ranking can be enhanced through a targeted approach to developing workforce talent and education to achieve a high level of performance, thereby boosting economic growth and improving per capita income.

KUALA LUMPUR, June 30 — The reduction in the Imbalance Cost Pass-Through (ICPT) for commercial and industrial users will help businesses cushion the anticipated increase in input costs due to the rationalisation of diesel and rising wages, said the Small and Medium Enterprises Association of Malaysia (Samenta).

KUALA LUMPUR, June 29 — The ringgit is likely to trade in a narrow range of RM4.70 and RM4.71 against the US dollar in cautious trading next week, even as the greenback may slacken following the softer United States Personal Consumption Expenditures (PCE) data announcement.

KUALA LUMPUR, June 28 — Four mobile network operators (MNOs) have completed a share subscription agreement (SSA) with Digital Nasional Bhd (DNB) and the Ministry of Finance Incorporated (MOF Inc) after fulfilling conditions in the conditional SSA.

KUALA LUMPUR, June 28 — The reaffirmation of Malaysia’s sovereign credit ratings and positive economic outlook by S&P Global Ratings and Fitch Ratings is “testament to the government’s responsible economic management and how the Madani Economy reform agenda is delivering positive results”, said Prime Minister Datuk Seri Anwar Ibrahim.

KUALA LUMPUR, June 28 — The RM50 million allocation provided under the Bank Rakyat Indian Entrepreneur Financing-i (BRIEF-i) aimed at micro, small, and medium enterprises (MSMEs) is expected to be fully utilised by August or September, said Deputy Entrepreneur Development and Cooperatives Minister Datuk R.

PUTRAJAYA, June 28 — The government will begin accepting applications for refunds from recipients of the Subsidised Diesel Control System (SKDS) 2.0 on July 1, said the Finance Ministry (MOF).

KUALA LUMPUR, June 28 — Malaysia’s official reserve assets amounted to US$113.59 billion (RM536.26 billion), while other foreign currency assets stood at US$5 million at the end of May, said Bank Negara Malaysia (BNM).

KUALA LUMPUR, June 28 — Alibaba.com, a prominent global business-to-business (B2B) e-commerce platform under the Alibaba International Digital Commerce Group, is reinforcing its commitment to supporting micro-, small-, and medium-sized enterprises (MSMEs) worldwide by scaling its artificial intelligence (AI) tools.

KUALA LUMPUR, June 28 — Bank Negara Malaysia’s (BNM) Financial Markets Committee (FMC) said the ringgit “does not reflect Malaysia’s strong macroeconomic fundamentals, such as robust gross domestic product (GDP) growth and moderate inflation".

KUALA LUMPUR, June 28 — The ringgit opened slightly lower against the US dollar today as a cautious US economic outlook moved more investors to shift to haven currencies, an economist said.

PETALING JAYA, June 27 — Appeals from various parties to be considered for diesel subsidies will be presented to the Cabinet after being reviewed.

KUALA LUMPUR, June 27 — The Science, Technology and Innovation Ministry (Mosti) is accelerating the establishment of the Malaysian Hydrogen Industrial Alliance to enable Malaysia to be among the world’s leading hydrogen economies by 2050.