KUALA LUMPUR, June 30 — The banking system's liquidity position remained healthy in May, supporting financial intermediation, said Bank Negara Malaysia (BNM).
PUTRAJAYA, June 30 — Malaysia’s labour market gained momentum in 2024, recording its strongest post-pandemic performance yet, with key indicators showing improvement and stability expected to persist into 2025, said the Department of Statistics Malaysia (DOSM).
KUALA LUMPUR, June 30 — Malaysia’s official reserve assets amounted to US$119.59 billion (RM503.77 billion) as of end-May 2025, while other foreign currency assets stood at US$955.2 million (RM4.02 billion), according to Bank Negara Malaysia (BNM).
PENANG, June 30 — Malaysia is on its way to become Southeast Asia’s leading electric vehicle (EV) hub with the official launch of a lithium-ion battery separator facility today.
KUALA LUMPUR, June 30 — Bursa Malaysia extended last week's gains to open higher today, supported by continuous buying in selected heavyweights as investors remain positive on the economic outlook, analysts said.
KUALA LUMPUR, June 30 — The ringgit extended last week's gains, opening stronger against the US dollar and a basket of major currencies, and supported by a softer US Dollar Index (DXY) amid expectations of tax and spending cuts being deliberated in the United States’ Senate.
KUALA LUMPUR, June 29 — Malaysia could attract renewed capital inflows into its bond and equity markets, underpinned by a stronger ringgit and a possible shift in the United States' monetary policy.
KUALA LUMPUR, June 28 — The ringgit is expected to trade firmer next week following the US labour market data, an analyst said.
KUALA LUMPUR, June 27 — Apples and oranges are exempt from the expanded Sales and Service Tax (SST) as they cannot be cultivated in Malaysia and are widely consumed in the nation, said Treasury secretary-general Datuk Johan Mahmood Merican.
KUALA LUMPUR, June 27 — The Finance Ministry (MOF) announced today that, after carefully considering public sentiment, it will not impose a service tax on beauty services such as manicures, facials, and haircuts.
KUALA LUMPUR, June 27 — Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz has held discussions with leaders from Singapore and Indonesia to enhance and strengthen economic cooperation for the mutual benefit of the three countries.
KUALA LUMPUR, June 26 — The ringgit extended its gains against the greenback at the close on Wednesday, as United States (US) President Donald Trump ramped up pressure on the US Federal Reserve (US Fed) to cut interest rates.
KUALA LUMPUR, June 26 — The Asean AI Summit 2025, which will be held here on August 12 and 13, aimed at shaping a sustainable, secure, and inclusive AI future for Southeast Asia.
KUALA LUMPUR, June 26 — The government is considering introducing a basic insurance scheme to help reduce the impact of rising medical costs, which has become a growing concern among the public, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
KUALA LUMPUR, June 26 — The possible closure of the Strait of Hormuz after the recent Iran parliamentary vote poses limited risk to Malaysia, said MIDF Amanah Investment Bank Bhd.
PHNOM PENH, June 26 — Malaysia and Vietnam are poised to forge a smart partnership and leverage their existing economic complementarities to tap into the booming global halal footprint.
KUALA LUMPUR, June 26 — Geopolitical tensions in the Middle East present a short-term impact on Malaysia, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
KUALA LUMPUR, June 26 — The ringgit extended its gains against the United States dollar today, buoyed by comments from US Federal Reserve (Fed) chair Jerome Powell highlighting uncertainty over the inflationary impact of tariffs.
KUALA LUMPUR, June 25 — The ringgit ended firmer today, supported by easing geopolitical tensions and weaker United States (US) economic data that continued to pressure the greenback.
KUALA LUMPUR, June 25 — The retail price of RON95 petrol remains unchanged at RM2.05 per litre, while that of RON97 increases by seven sen, from RM3.14 to RM3.21 per litre, from June 26 to July 2.
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