India Hikes Import Tax On Palm Oil, Other Edible Oils By 20 Pct
By Shakir Husain
NEW DELHI, Sept 14 (Bernama) -- India has hiked import tax on palm oil and other edible oils by 20 per cent, a move seen as helping local oilseed farmers.
| LATEST NEWS | Govt encourages EV owners to install chargers at home for cheaper charging costs -- Johari Ghani | EV charging infrastructure development faces challenges of high installation costs of up to RM210,000, especially DC chargers -- Johari Ghani | 5,624 public EV chargers were installed by Dec 31, 2025, 56 per cent of the overall target -- Johari Ghani | As Parliament prepares to consider the Climate Change Bill, the transition will be orderly, evidence-based and anchored in national interest - PM Anwar | The strengthening of the ringgit ultimately reflect trust in institutions, in policy direction and trust that a country is governed with discipline and purpose — PM Anwar | |
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Ringgit Likely To Continue Uptrend Next Week, Trading At 4.28-4.29 Against US Dollar
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Sept 14 (Bernama) -- The ringgit is expected to continue its uptrend next week, trading at 4.28 to 4.29 against the US dollar, ahead of the United States (US) Federal Open Market Committee (FOMC) meeting on Sept 17-18.
Ringgit Breaches 4.30 Level Against US Dollar, Hits 20-month High
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Sept 13 (Bernama) -- The ringgit breached the RM4.30 level today, hitting a 20-month high against the US dollar, as traders expect the United States Federal Reserve (Fed) to cut interest rates between 25 and 50 basis points, said an economist.