LATEST NEWS   PM Anwar expresses appreciation to those who eliminate negative elements for the sake of unity | PM calls on all parties to be agents of unity, help MADANI Government unite people of different races | Malaysia's IPI increased to 2.1 per cent in January 2025 -- DoSM | Malaysia's manufacturing sector sales grew by 3.5 pct to RM158.1 billion in January 2025 - DOSM | KPDN foils illegal subsidised cooking oil activities in Semenyih, six including foreigners nabbed | 

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Malaysia Strengthens Semiconductor Supply Chain With ASEAN Member Countries- Liew

KUALA LUMPUR,  March 12 (Bernama) -- Malaysia will continue to strengthen the semiconductor supply chain together with ASEAN member countries, in line with its ASEAN chairmanship this year, said Deputy Investment, Trade and Industry Minister Liew Chin Tong.

Ringgit Rises As US Dollar Index Retreats

KUALA LUMPUR, March 12 (Bernama) -- The ringgit strengthened against the US dollar in early trade on Wednesday as the US Dollar Index (DXY) eased to 103.419 points from 103.900 points previously, despite stronger-than-expected US job openings, an economist said.  

Tengku Zafrul Highlights Need For Continued ASEAN-UK Engagement To Boost Business Opportunities

KUALA LUMPUR, March 11 (Bernama) -- Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz has emphasised the importance of continuous engagement between ASEAN and the United Kingdom (UK) in expanding business opportunities and deepening the strong economic ties that have been built.

Ringgit Ends Slightly Higher Against Greenback Amid Cautious Sentiment

By Danni Haizal Danial Donald

KUALA LUMPUR, March 11 (Bernama) -- The ringgit ended slightly higher against the US dollar on Tuesday, as investors remained cautious ahead of the Federal Open Market Committee (FOMC) meeting scheduled for March 19, according to an analyst.

ASEAN Should leverage RCEP, FTAs To Mitigate economic Risks From US Tariffs 

KUALA LUMPUR, March 11 (Bernama) -- ASEAN should optimise the utilisation of the Regional Comprehensive Economic Partnership (RCEP) and the upgraded ASEAN+1 Free Trade Agreements (FTAs) to mitigate the risks of economic uncertainty following the imposition of US tariffs on Canada, Mexico and China.

Ringgit Opens Flat Against US Dollar

KUALA LUMPUR, March 11 (Bernama) -- The ringgit started the day flat against the US dollar as investors adopted a wait-and-see stance following Bank Negara Malaysia’s recent decision to hold interest rates steady, which weighed on sentiment.

Penang Business Events Industry Garners RM1.29 Bln In 2024 - Chow

BAYAN LEPAS, March 10 (Bernama) -- The business events industry in Penang achieved an estimated economic impact (EEI) of RM1.29 billion last year, marking a 24.8 per cent increase from 2023.

Ringgit Closes Lower Against Greenback On Trade War Concerns, China Deflationary Woes

By Danni Haizal Danial Donald

KUALA LUMPUR, March 10 (Bernama) -- The ringgit closed lower against the US dollar on Monday on lingering trade war concerns while deflationary pressures in China further weighed on Asian currencies.

PM Anwar Hails LHDN’s Performance, Optimistic About Future Revenue Growth

CYBERJAYA, March 10 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has expressed optimism over the Inland Revenue Board’s (LHDN) performance, commending its achievements and the implementation of new systems that have boosted efficiency.

Ringgit Opens Stronger On Higher Expectation Of US Rate Cut

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, March 10 (Bernama) -- The ringgit opened firmer against the US dollar on Monday, extending its positive momentum, propelled by mounting expectations of a US Federal Funds Rate cut, which triggered a dramatic plunge in the US Dollar Index (DXY).

Malaysia Must Prioritise Green Shipping As Global Maritime Industry Leans Towards Protecting Environment - Consultant

KUALA LUMPUR, March 9 (Bernama) – Malaysia should embrace and prioritise green shipping trends to remain relevant despite its strategic advantage along the Strait of Malacca, a global management consultant said.

Ringgit To Remain Defensive Next Week, Trading In 4.41-4.45 Range Against US Dollar

KUALA LUMPUR, March 8 (Bernama) -- The ringgit is likely to remain defensive within the 4.41-4.45 range against the US dollar next week, underpinned by Bank Negara Malaysia’s recent policy status quo and Malaysia's solid macro outlook.