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KUALA LUMPUR, Nov 15 (Bernama) -- Malaysia’s removal from the United States Treasury’s (Treasury) monitoring list indicated that the country’s economic and foreign exchange policies are now viewed as balanced and transparent, said an economist.
KUALA LUMPUR, Nov 15 (Bernama) -- Bank Negara Malaysia (BNM) welcomed Malaysia’s removal from a US currency manipulation watch list, affirming the ringgit’s market-driven status.
KUALA LUMPUR, Nov 15 (Bernama) -- Bank Negara Malaysia (BNM) today announced a liberalisation of foreign exchange policy (FEP) for multilateral development banks (MDBs) and qualified non-resident development financial institutions (DFIs), aiming to facilitate their investments in key growth areas in Malaysia
KUALA LUMPUR, Nov 12 (Bernama) -- The government's concerted measure to encourage government-linked companies (GLCs), government-linked investment companies (GLICs) and corporates to consistently repatriate foreign investment income and convert them into ringgit does not involve the sale of assets and their investments abroad.
KUALA LUMPUR, Nov 12 (Bernama) -- Hartalega Holdings Bhd posted a lower net profit of RM8.63 million for the second quarter (2Q) ended Sept 30, 2024 (FY2025) compared to RM27.70 million in the same quarter last year.
KUALA LUMPUR, Nov 12 (Bernama) -- The ringgit opened marginally higher against the US dollar on Tuesday, lifted by a brief easing in the dollar's strength after an election-driven surge, analysts said.
KUALA LUMPUR, Nov 11 (Bernama) -- The trend of declining fiscal deficit reflects the government's commitment to reducing the debt-to-gross domestic product (GDP) ratio, ensuring it stays below 60 per cent in the medium term, as stipulated by the Public Finance and Fiscal Responsibility Act 2023 (Act 850).
KUALA LUMPUR, Nov 11 (Bernama) -- The Employees Provident Fund’s (EPF) investment income rose by RM5 billion to RM19.67 billion in the third quarter (3Q) of 2024, from RM14.67 billion in 3Q 2023.
KUALA LUMPUR, Nov 11 (Bernama) -- The government aims to reduce the fiscal deficit to three per cent in the medium term, as outlined in the MADANI Economy framework and the Public Finance and Fiscal Responsibility Act 2023 (Act 850).
KUALA LUMPUR, Nov 7 (Bernama) -- The narrowing of interest rate differentials between Malaysia and advanced economies is positive for the ringgit amid volatility in geopolitical developments, said Bank Negara Malaysia (BNM).
KUALA LUMPUR, Nov 7 (Bernama) -- Malaysia's international reserves stood at US$117.6 billion (US$1 = RM4.40) as of Oct 30, 2024, compared to US$119.6 billion on Oct 15, 2024.
KUALA LUMPUR, Nov 7 (Bernama) -- Donald Trump’s re-election as the United States (US) President is expected to accelerate the China Plus One strategy, benefitting Malaysia through higher investments and enhanced export potential, particularly in sectors such as electronics, machinery, and palm oil.
