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Malaysia Calls On ASEAN To Strengthen Support For Inclusive Business

PETALING JAYA, Sept 11 (Bernama) -- Malaysia has proposed the creation of necessary frameworks in ASEAN to promote inclusive business (IB), said Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi.

Bursa Malaysia Opens Lower Ahead Of US CPI Data

KUALA LUMPUR, Sept 11 (Bernama) -- Bursa Malaysia opened lower on Thursday after three straight days of gains, as investors stayed cautious ahead of the release of the United States' August consumer price index (CPI) data later in the day.

Ringgit Opens Firmer On US Rate Cut Hopes

KUALA LUMPUR, Sept 11 (Bernama) -- The ringgit opened firmer against the US dollar and most major currencies on Thursday, tracking expectations of United States (US) interest rate cuts after softer economic data.

Ringgit Eases Against Greenback Ahead Of US Inflation Reports

By Danni Haizal Danial Donald

KUALA LUMPUR, Sept 10 (Bernama) -- The ringgit eased against the American dollar at the close on Wednesday as cautious investors took profit after recent gains, ahead of US inflation reports this week.

Malaysia, New Zealand Sign MRA To Simplify Customs Procedures For Exporters

KUALA LUMPUR, Sept 10 (Bernama) -- Malaysia and New Zealand today signed a Mutual Recognition Arrangement (MRA) that will enable both countries to recognise each other’s authorised economic operator programmes, giving exporters who meet globally accredited security criteria the benefit of simplified customs procedures.

SST Expanded, Low-value Goods Tax Retained To Ensure Stable Revenue, Fair Competition - Lim

KUALA LUMPUR, Sept 10 (Bernama) -- The government has taken steps to ensure national revenue remains stable by expanding the scope of the Sales and Service Tax (SST) and retaining the low-value goods tax (LVGT) to ensure fair competition, according to Deputy Finance Minister Lim Hui Ying.

Ringgit Closes Firmer On Weak US Nonfarm Payrolls Report

By Abdul Hamid A Rahman

KUALA LUMPUR, Sept 8 (Bernama) -- The ringgit closed higher against the US dollar today as the greenback weakened following a disappointing United States labour market report released last Friday.

Gold Futures To Remain Rangebound Next Week Ahead Of US Inflation Cues

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Sept 6 (Bernama) -- Trading of gold futures on Bursa Malaysia Derivatives are expected to remain rangebound next week as traders refrain from aggressively pricing in the United States (US) Federal Reserve (Fed) rate cuts beyond September while awaiting clearer signals from upcoming inflation data.

Gold Futures Retreat Amid Stronger US Dollar And Higher Yields

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Sept 4 (Bernama) -- Gold futures on Bursa Malaysia Derivatives retreated on Thursday, initially weighed down by technical traders flagging overbought conditions with the Relative Strength Index (RSI) readings above 70, and then amplified as momentum funds pressed on the downside.

Ringgit Ends Slightly Lower Against US Dollar

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Sept 4 (Bernama) -- The ringgit closed slightly lower against the US dollar on Thursday following a 0.1 per cent rise in the US Dollar Index (US DXY) to 98.245 points despite a weaker-than-expected job openings report in the United States (US), said an analyst.

Rubber Market Ends Lower, Mirroring Weaker Regional Markets

KUALA LUMPUR, Sept 4 (Bernama) -- The Malaysian rubber market ended lower on Thursday, tracking losses in regional rubber futures markets, with sentiment being clouded by uncertainty over the US interest rate moves and persistent geopolitical crisis.

SARA Boosts Domestic Economy, A Boon For Small Retailers -- MoF

KUALA LUMPUR, Sept 4 (Bernama) -- The implementation of the Sumbangan Asas Rahmah (SARA) will not only ease people’s burden, but will also be a catalyst for domestic economic activity with benefits flowing to small retailers and local suppliers.