KUALA LUMPUR, Feb 29 —The ringgit ended higher against the US dollar on Thursday, spurred by Bank Negara Malaysia’s comments on its valuation.

KUALA LUMPUR, Feb 28 — The low Producer Price Index (PPI) is an early indicator of a moderation in inflation which helps to ease the cost of living and increase demand to rejuvenate the domestic economy, according to the Economy Ministry.

KUALA LUMPUR, Feb 28 — The ringgit and most of its regional peers were traded lower on Wednesday as the US dollar gained across the board ahead of US inflation data release this week.

KUALA LUMPUR, Feb 27 — RAM Rating Services Bhd (RAM Ratings) has maintained its forecast of Malaysia’s gross domestic product (GDP) growth at 4.5 per cent to 5.5 per cent in 2024.

KUALA LUMPUR, Feb 19 — The ringgit opened marginally higher against the US dollar today despite higher inflation data in the United States (US), said an analyst.

KUALA LUMPUR, Feb 16 — Malaysia recorded a gross domestic product (GDP) growth of 3.7 per cent in 2023, after an expansion of 3.0 per cent in the fourth quarter (4Q) of the year, supported by continued recovery in economic activity and labour market conditions.

KUALA LUMPUR, Jan 24 — Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) has decided to maintain the Overnight Policy Rate (OPR) at 3.00 per cent during its first meeting of the year today, marking the fourth consecutive meeting that the MPC has opted to hold the key rate.

KUALA LUMPUR, Jan 24 — The ringgit is expected to stabilise against the US dollar at RM4.54-RM4.58 by the end of the year, driven by expectations of a softer greenback and lower US Treasury yields as the US Federal Reserve (Fed) embarks on a rate-cutting cycle in 2024.

KUALA LUMPUR, Jan 22 — Malaysia's headline inflation rate remained at 1.5 per cent in December 2023, with the Consumer Price Index (CPI) recorded at 131.2 points versus 129.2 a year earlier, according to the Department of Statistics Malaysia (DOSM).

KUALA LUMPUR, Jan 18 — Malaysia’s small and medium enterprises (SMEs) view 2024 as a year of growth prospects despite concerns about rising costs and inflation, Employment Hero’s SME Sentiments Report revealed today.

KUALA LUMPUR, Jan 18 — The Asean+3 Macroeconomic Research Office (Amro) has maintained its 2024 growth forecast of 4.5 per cent for the Asean+3 region as improving external sector lends further support to resilient domestic demand.

KUALA LUMPUR, Jan 11 — MIDF Research expects Malaysia’s retail trade to expand by 7.5 per cent in 2024 on the back of resilient consumer demand amid a healthy labour market and softening inflation pressure.

KUALA LUMPUR, Jan 11 — The continued optimism about positive US inflation numbers boosts sentiment, enabling the ringgit to open higher on Thursday.

KUALA LUMPUR, Dec 26 — Further improvements in the supply chain and a reduction in global demand may help to keep inflation within the 2.5-3.0 per cent range next year, says Kenanga Research.

KUALA LUMPUR, Dec 22 — Malaysia's inflation rate continued to increase at a slower rate, falling to 1.5 per cent in November with the index points recorded at 130.9 against 129.0 in the same month of the previous year, the Department of Statistics Malaysia (DOSM) said.

KUALA LUMPUR, Dec 1 — The slower contraction in Malaysia’s Leading Index (LI), which fell by -0.3 per cent year-on-year (y-o-y) in September versus -0.5 per cent in August, indicates that Malaysia’s growth prospects are improving, said MIDF Research.

BRUSSELS, Dec 1 — Two back-to-back economic reports have warned about the persistence of inflation in the eurozone despite the minimal decrease in November from the previous month.

SINGAPORE, Nov 30 — Singapore residents' real median income fell 2.3 per cent in 2023 due to high inflation, according to Labour Force in Singapore Advance Release 2023 from the Ministry of Manpower on Thursday, reported Xinhua.

KUALA LUMPUR, Nov 29 — The ringgit is expected to strengthen in 2024 driven by several factors, including the government’s fiscal discipline, better global economic growth and easing of uncertainties in the United States (US) currency policy, Minister of Economy Rafizi Ramli said.

KUALA LUMPUR, Nov 29 — Malaysia has managed to secure investment commitments worth RM347 billion from the official visits made by Prime Minister Datuk Seri Anwar Ibrahim, alongside trade and investment missions overseas under the current government.