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Ringgit rebounds vs US Dollar amid volatile forex market
KUALA LUMPUR: The ringgit reversed five days of losses to open slightly higher against the US dollar today, despite a volatile foreign exchange market caused by the United States’ interest rate hikes and the European energy crisis, a dealer said.
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Ringgit marginally lower vs US dollar at opening
KUALA LUMPUR: The ringgit opened marginally lower against the US dollar on Friday due to the lack of buying momentum as demand for the greenback remained strong on the back of its safe-haven status, a dealer said. At 9 am,
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International buyers exploring halal industries in M’sia
KUALA LUMPUR: Malaysia is hosting one of the world’s largest halal products exhibitions and buyers are exploring opportunities to import products from the Southeast Asian nation. “Malaysia has a variety of food products. And Malaysian cuisine is world-class,” Azmi Mustafa,
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Bursa opens higher despite weaker Wall Street
KUALA LUMPUR: Bursa Malaysia opened higher on Monday (Sept 5) despite the weaker performance on Wall Street, lifted by positive market momentum that resulted in higher transportation and logistics as well as telecommunications and media indices, a dealer said. At 9.06am,
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PM: Finance Minister will table Budget 2023, for now
PUTRAJAYA: Prime Minister Datuk Seri Ismail Sabri Yaakob is ready to consider tabling the Budget 2023 if it is permitted by the constitution and the law. However, Ismail Sabri said he would wait for the advice of Attorney-General Tan Sri
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Bursa turns lower at mid-morning
THE benchmark index on Bursa Malaysia turned negative at mid-morning with the sentiment cautious, in line with most regional bourses as concerns over interest rates persisted ahead of the US Federal Reserve’s Jackson Hole meeting in Wyoming in the US. At
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Budget 2023 dynamic, more flexible: Mohd Shahar
KUALA TERENGGANU: The government has assured that Budget 2023 which will be tabled this October will be dynamic and more flexible. Deputy Finance Minister Datuk Mohd Shahar Abdullah said the people’s welfare agenda, especially in the economic and social protection
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Hajiji expects Sabah’s FDI to exceed RM7b this year
KOTA KINABALU: Sabah recorded about RM5.1 billion worth of foreign investments from January to August this year and is expected to surpass the RM7 billion mark when a high-impact investment project, now in progress, worth RM 2 billion is factored
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Buying interest boosts ringgit vs US dollar
KUALA LUMPUR – The ringgit opened higher against the US dollar on Monday as buying interest for the local note continued, backed by the encouraging economic growth data and the easing sentiment for the US dollar due to the latest inflation
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Malaysia’s economy grew by 8.9 pct in Q2 – BNM
KUALA LUMPUR: Malaysia’s economy posted a sterling growth of 8.9 pct in the second quarter (Q2) of 2022 as domestic demand continued to strengthen, underpinned by the steady recovery in labour market conditions and ongoing policy support. In a statement
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