GENEVA, Dec 13 — Growth in real global GDP will drop from 5.7 per cent in 2021 to 3.3 per cent in 2022, a new UN report said Monday, showing that trade in goods and services will slow, with growth in merchandise exports expected to decline by half.

KUALA LUMPUR, Nov 24 — The ringgit has extended its positive run against the US dollar today, improving further to the 4.55 level on expectations of softer United States (US) inflation and less aggressive US Federal Reserve’s rate hikes, said an analyst.

By Sulyn Chong SHAH ALAM, Nov 16 — Ahead of the 15th general election (GE15), Malaysians are now more concerned about socioeconomic issues, with worries about inflation having doubled since the 14th general election (GE14). A survey by Ipsos Malaysia (Ipsos) done in October this year found...

KUALA LUMPUR, Nov 12 — The ringgit is expected to trend higher versus the US dollar next week as there is little data to suggest that United States yields could rise much while China’s Covid-19 policy shift is a major driver for the ringgit.

KUALA LUMPUR, Nov 3 — MIDF Research expected Bank Negara Malaysia (BNM) to front-load its monetary bullets by raising the Overnight Policy Rate (OPR) to pre-pandemic levels of 3.00 per cent by January 2023.

KUALA LUMPUR, Nov 2 — Standard Chartered expects Bank Negara Malaysia (BNM) to raise the overnight policy rate (OPR) by 25 basis points (bps) to 2.75 per cent, the fourth consecutive 25bps hike since May this year.

SYDNEY, Nov 1 — Australia's central bank announced on Tuesday a back-to-back interest rate hike for seven months in a row, by 25 basis points to 2.85 per cent in a bid to rein in the country's 'too high' inflation, reported Xinhua.

KUALA LUMPUR, Nov 1 — Bank Negara Malaysia (BNM) will tighten its policy rate by a quarter point for the fourth time in a row on Thursday (November 3) as upside risks to inflation persist and to support the weakening currency, a Reuters poll showed.

JAKARTA, Oct 19 — Indonesia's central bank governor on Wednesday said he saw no need for aggressive monetary tightening, while cutting the 2022 inflation outlook, in comments a day ahead of the conclusion of a monthly monetary policy review.

NEW YORK, Oct 11 — The US dollar appreciated in late trading on Monday as market participants awaited a key US inflation report, reported Xinhua.

JAKARTA, Oct 3 — Indonesia's inflation rate in September accelerated to its highest since October 2015 due to higher transportation costs following a fuel price hike, statistics bureau data showed on Monday.

KUALA LUMPUR, Sept 28 — The ringgit extended its downtrend against the US dollar at the close on Wednesday, along with other regional currencies, as the US Federal Reserve (Fed) pledged to continue with its aggressive monetary policy to fight inflation.

KUALA LUMPUR, Sept 27 — The World Bank has revised upward its gross domestic product (GDP) growth forecast for Malaysia to 6.4 per cent in 2022 against 5.5 per cent projected earlier on the back of heightened economic activity in the first half of the year (1H22).

KUALA LUMPUR, Sept 14 — The Malaysian ringgit ended today at a new 24-year low against the US dollar as the local note continued to be under pressure due to the expectation of a substantial interest rate hike by the US Federal Reserve due to persistently high inflation in the United States.

JAKARTA, Sept 5 — Indonesian authorities were on Monday bracing for mass protests after an unpopular hike in fuel prices, a move the government said could see inflation increase to 6.8 per cent this year, though with limited impact on economic growth.

JAKARTA, Sept 5 — Indonesia's government predicts inflation will pick up in the next two months after its weekend decision to raise fuel prices, but would normalise in November and the measure would have minimal impact on economic growth, an official said on Monday.

KUALA LUMPUR, Sept 5 — Bank Negara Malaysia is expected to hike its overnight policy rate by 25 basis points to 2.5 per cent this week, its third consecutive rate hike, aiming to help ease the country’s inflation coupled with a robust economic rebound, says Moody’s Analytics.

PUTRAJAYA, Sept 1 — The ceiling price of a five kg bottle of cooking oil will be reduced to RM33.50 from RM34.70, from September 8 to October 7, said chairman of the Special Task Force on Jihad against Inflation Tan Sri Annuar Musa.

KUALA LUMPUR, Aug 29 — Malaysia’s Consumer Price Index (CPI) increased by 4.4 per cent year-on-year (y-o-y) to 127.9 in July 2022 compared to 122.5 in the same month of the preceding year.

By Siti Rohaizah Zainal SHAH ALAM, Aug 26 — The state government has started formulating plans to prepare for an economic slowdown that is predicted to happen next year. Menteri Besar Dato’ Seri Amirudin Shari said the plan would focus on efforts to stimulate the people’s economy, which will...