KUALA LUMPUR, Feb 26 — The ringgit finished flat against the US dollar on Monday as the market focused on the Federal Open Market Committee’s (FOMC) January 2024 meeting minutes to see what transpired at the first policy meeting of 2024, said AmBank Group Economic Research.

KUALA LUMPUR, Jan 2 — The ringgit opened lower in early trade on Tuesday, the first trading day of the new year 2024, but sentiment for the local note remains strong.

KUALA LUMPUR, Nov 8 — AmBank (M) Bhd said Malaysia is on track to record a 4.0 per cent gross domestic product (GDP) growth this year and 4.5 per cent for 2024, following a marginal contraction in September’s Industrial Production Index (IPI).

KUALA LUMPUR, Jan 20 — MIDF Research foresees a slower inflation rate for 2023 across all states underpinned by lower food inflation, stable fuel prices and appreciation of the ringgit against the US dollar.

KUALA LUMPUR, June 27 — AmBank Research expects Bank Negara Malaysia (BNM) to increase the overnight policy rate (OPR) by 50 basis points (bps), bringing the OPR to 2.50 per cent during the upcoming meeting in July, in anticipation of the rising inflation.

KUALA LUMPUR, April 11 — Kenanga Investment Bank Bhd expects the labour market to gradually recover in 2022, underpinned by a higher vaccination rate, relaxation of pandemic-related restrictions, reopening of borders, and various policy support measures.

KUALA LUMPUR, Nov 10 — Kenanga Investment Bank Bhd has revised its forecast for Malaysia’s 2021 manufacturing production upwards to 8.5 per cent from 7.0 per cent projected earlier, driven by an expected surge in domestic demand.

KUALA LUMPUR, Nov 18 — It is an opportune time for businesses seeking corporate restructuring to embark on a debt–for-sustainability swap to spur recovery, as it would offer companies an avenue to address corporate debt challenges while increasingly focus on sustainability.

KUALA LUMPUR, Sept 24 — CGS-CIMB Research estimates the RM10 billion Prihatin Supplementary Initiative Package (Kita  Prihatin) will increase the Ministry of Finance's last projected budget deficit by 0.7 per cent of gross domestic product (GDP).