KUALA LUMPUR, April 5 — Ambank Group Bhd has maintained its forecast for Malaysia’s real gross domestic product (GDP) growth this year at 4.5 per cent, which falls at the mid-point of Bank Negara Malaysia’s (BNM) projection due to higher private consumption and net exports.

KUALA LUMPUR, March 26 — Malaysia's overnight policy rate (OPR) is expected to hold steady at 3.0 per cent throughout 2024, said Public Investment Bank (PIVB) Research.

KUALA LUMPUR, March 20 — The move to repatriate foreign earnings by the government-linked companies (GLC) and government-linked investment companies (GLIC) in response to Bank Negara Malaysia's (BNM) call to relieve pressure on the ringgit has paid off, said its governor Datuk Abdul Rasheed Ghaffour.

KUALA LUMPUR, March 12 — AmBank Economic Research is forecasting the ringgit to appreciate further to around RM4.50 by the year-end against the US dollar due to a combination of factors.

KUALA LUMPUR, March 9 — The ringgit is expected to continue its uptrend against the US dollar next week, supported by improving sentiment amid an encouraging domestic environment, said Bank Muamalat Malaysia Bhd chief economist Mohd Afzanizam Abdul Rashid.

By Yasmin Ramlan KUALA LUMPUR, March 7 — Gombak MP Dato’ Seri Amirudin Shari has slammed an Opposition MP for misrepresenting the facts around the closing of Goodyear Malaysia’s manufacturing plant in Shah Alam by the end of the year. Following the shutdown of the global tyremaker’s factory...

KUALA LUMPUR, March 7 — The ringgit continued to strengthen against the US dollar today after the US Dollar Index (DXY) retreated in anticipation of easier monetary policy in the United States (US) this year.

KUALA LUMPUR, Feb 23 — Economists are forecasting Malaysia’s headline inflation for 2024 to be between 2.5 per cent and 3.3 per cent.

PUTRAJAYA, Feb 21 — Raising the Overnight Policy Rate (OPR) to strengthen the ringgit is not a good move presently, given its impact on the people, said Communications Minister Fahmi Fadzil.

PUTRAJAYA, Feb 19 — Finance Minister II Datuk Seri Amir Hamzah Azizan expects the ringgit to strengthen against the US dollar this year as the US Federal Open Market Committee (FOMC) has signalled the end of interest rate hikes after raising the benchmark interest rates 11 times since March 2022 to the current rate of 5.25-5.50 per cent.

KUALA LUMPUR, Feb 18 — The normalisation of the Overnight Policy Rate (OPR) since 2022 has created the policy space for Bank Negara Malaysia (BNM) to respond to possible lacklustre economic growth going forward.

KUALA LUMPUR, Jan 24 — The ringgit opened easier against the US dollar on Wednesday as most investors await the first Bank Negara Malaysia's (BNM) Monetary Policy Committee (MPC) meeting of the year, after which they will announce the new Overnight Policy Rate (OPR).

KUALA LUMPUR, Jan 8 — The residential property market improved in the first nine months of 2023, with both transaction volume and value registering a year-on-year (y-o-y) growth of 1.3 per cent and 3.5 per cent, respectively.

KUALA LUMPUR, Jan 2 — The Central Database Hub (Padu), launched today by Prime Minister Datuk Seri Anwar Ibrahim with a focus on fair subsidy distribution, will help in the effort to reduce fuel subsidies by RM6 billion this year by allowing “means-testing” eligibility based on net disposable income.

KUALA LUMPUR, Dec 22 — Malaysia’s domestic demand is set to stay on the expansionary path from the fourth quarter (4Q 2023) onward as the country’s inflation continues softening, said MIDF Research.

KUALA LUMPUR, Nov 24 — Malaysia's inflation will continue to remain modest for the rest of 2023 and in the early part of 2024 due to slower pressure from the demand-pull inflation and the impact of the interest rates normalisation, said AmBank Research.

KUALA LUMPUR, Nov 17 — RHB Investment Bank Bhd has maintained its 2023 gross domestic product (GDP) growth projection at 4.3 per cent year-on-year (y-o-y), with rosier economic prospects expected in the fourth quarter of 2023 (4Q 2023).

KUALA LUMPUR, Nov 17 — BMI, a Fitch Solutions company, expects Bank Negara Malaysia (BNM) to hold its overnight policy rate (OPR) at 3.0 per cent through the end of 2024.

KUALA LUMPUR, Oct 28 — The outlook for ringgit next week is expected to be neutral to bullish on improving sentiment anticipation following major central banks’ decisions.

By Amar Shah Mohsen KUALA LUMPUR, Oct 26 — Increasing the overnight policy rate (OPR) can address the ringgit's depreciation, but comes at the expense of rising living costs. Menteri Besar Dato’ Seri Amirudin Shari said this in defence of the Federal government amid a weakening ringgit yet to...