KUALA LUMPUR, Sept 20 — The ringgit ended higher against the US dollar today ahead of the US Federal Open Market Committee (FOMC) interest rate decision due later tonight.

KUALA LUMPUR, Sept 14 — BMI, a Fitch Solutions company, expects Bank Negara Malaysia to hold its overnight policy rate at 3.00 per cent until the end of 2024 as domestic inflation continues to ease amid slowing economic growth.

KUALA LUMPUR, Sept 14 — The ringgit opened higher against the greenback as the latest US inflation data strengthened hopes that the US Federal Reserve (Fed) would hold interest rates.

KUALA LUMPUR, Sept 7 — The ringgit eased further against the US dollar as fresh worries over sticky US inflation kept investors away from emerging markets.

MANILA, Sept 1 — The Philippines announced price ceilings for rice on Friday to protect consumers, as the rising cost of the national staple probably caused August inflation to accelerate for the first time in seven months.

KUALA LUMPUR, Aug 29 — The contractionary trend of  Malaysia’s producer price index (PPI) indicated further moderation in overall inflationary pressure, and given the high base effect of commodity prices, the producer’s output deflation was within expectations, said MIDF Research.

MANILA, Aug 4 — The Philippine central bank said it is ready to tighten monetary policy as necessary to keep a lid on price pressures, after data today showed inflation remains above target.

Fahmi: Opposition jealous of Unity Govt's success SEMENYIH, Aug 2 — The various successes achieved by the Unity Government during the seven months of governing the country has caused the opposition to be jealous, said Communications and Digital Minister Fahmi Fadzil. He said although the...

KUALA LUMPUR, July 27 — The recent prints showing easing inflation and an improving labour market are positive indicators for the Malaysian economy, the Department of Statistics Malaysia (DOSM) said.

KUALA LUMPUR, July 25 — MIDF Research anticipates the government will cut retail fuel prices, particularly RON95 and diesel, to ensure price stability and ease living cost pressures in Malaysia.

KUALA LUMPUR, July 24 — MIDF Amanah Investment Bank Bhd (MIDF Research) expects the government to keep retail fuel prices status quo at least until the end of 2023, subsequently reducing overall inflationary pressure moving forward.

KUALA LUMPUR, July 24 — Malaysia’s Consumer Price Index (CPI) continued to ease in June to 2.4 per cent, the lowest level recorded so far in 2023, according to the Department of Statistics Malaysia (DOSM).

MANILA, July 19 — Developing Asia is on track to grow faster in 2023 from a year earlier as strong consumption and investment offset the impact of weak global demand, the Asian Development Bank (ADB) said on Wednesday.

KUALA LUMPUR, July 12 — BMI, a Fitch Solutions company, foresees Malaysia’s household spending to grow by 5.0 per cent year-on-year (y-o-y) in 2023 and will continue its steady growth towards 2024 as the economic recovery feeds through into strong real consumer spending growth.

KUALA LUMPUR, July 11 — The ringgit opened marginally higher against the US dollar as the greenback continued to trend lower due to markets’ expectation of a lower US Consumer Price Index (CPI) print set to be released tomorrow.

KUALA LUMPUR, June 23 — Malaysia’s inflation eased further in May 2023 with the consumer price index (CPI) slowing to 2.8 per cent from 3.3 per cent in the previous month, said the Department of Statistics Malaysia (DOSM).

KUALA LUMPUR, May 26 — Malaysia’s Consumer Price Index (CPI) for April 2023 increased to 3.3 per cent with the index points standing at 130.0 from 125.9 in the same month last year, said the Department of Statistics Malaysia (DOSM).

KUALA LUMPUR, May 12 — Malaysia is on track to achieve its gross domestic product (GDP) growth target of between four and five per cent this year, said Bank Negara Malaysia (BNM).

SINGAPORE, May 9 — Companies in Singapore are partially paying the housing costs of employees and even relocating staff to cheaper neighbouring cities, to help them tackle home rents that rose last year at their fastest rate in 15 years.

KUALA LUMPUR, May 8 — Bank Negara Malaysia (BNM) has reached the end of its hiking cycle and will leave the overnight policy rate (OPR) at 3.0 per cent for the rest of 2023, said BMI.