Ringgit Opens Higher As Weak US Jobs Data Hits US Dollar

By Anas Abu Hassan

KUALA LUMPUR, Sept 12 (Bernama) -- The ringgit opened higher against the US dollar on Friday as the greenback retreated after weaker United States (US) jobs data raised expectations of interest rate cuts.

Bursa Malaysia Finishes In The Red On Profit-Taking After Three-day Rally

By Harizah Hanim Mohamed

KUALA LUMPUR, Sept 11 (Bernama) -- Bursa Malaysia finished today’s session in the red as investors locked in profits after a three-day rally, while most regional indexes ended broadly higher after the US producer price inflation came in unexpectedly softer for August.

EU's MSPO Acknowledgement To Ease Compliance Barriers, Boost Trade -- MPOC

By Danni Haizal Danial Donald

KUALA LUMPUR, Sept 11 (Bernama) -- The European Union’s (EU) acknowledgement of the Malaysian Sustainable Palm Oil (MSPO) certification marks a significant milestone in reducing compliance barriers for Malaysian exporters, said the Malaysian Palm Oil Council (MPOC).

Chow Confident Penang CRA Can Be Restored To Nearly RM1 Bln By 2028

GEORGE TOWN, Sept 11 (Bernama) -- Chief Minister Chow Kon Yeow is confident that Penang's Consolidated Revenue Account (CRA) can be restored to nearly RM1 billion by 2028 through prudent financial management and higher state revenue.

Planted Oil Palm Area To Hit 5.64 Mln Hectares In 2025

KUALA LUMPUR, Sept 11 (Bernama) -- The total planted oil palm area is forecast at 5.64 million hectares, slightly up from 5.61 million hectares in 2024, said Plantation and Commodities Deputy Minister Datuk Chan Foong Hin.

Low OPR Reduces Borrowing Costs, Helps People Own Homes - MoF

KUALA LUMPUR, Sept 10 (Bernama) -- The lower Overnight Policy Rate (OPR) is expected to support homeownership affordability through reduced debt servicing costs, according to the Ministry of Finance (MoF).

Malaysia's Banking Sector Resilient Amid Trade Tension, Slower Growth - S&P Global 

KUALA LUMPUR, Sept 10 (Bernama) -- Malaysia's banking sector is well-positioned to navigate trade tensions and softer growth, driven by a strong labour market and stable household finances, said S&P Global Ratings. 

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.

Fitch Lifts World Growth Outlook, Warns Of US Slowdown

KUALA LUMPUR, Sept 10 (Bernama) -- Fitch Ratings has lifted its global growth forecast for 2025 to 2.4 per cent from 2.2 per cent, citing stronger-than-expected second-quarter data, but said evidence of a United States (US) slowdown is mounting.

Stocks On Bursa Malaysia Mixed At Lunch Break

KUALA LUMPUR, Sept 9 (Bernama) -- Stocks on Bursa Malaysia turned mixed at lunch break, with the key index losing 0.11 per cent while the wider market remained in positive territory, with investors focused on the US Federal Reserve’s rate-cut trajectory.

13MP Vital Platform For Malaysia In Securing Position As Global Leader For Sustainable Palm Oil

KUALA LUMPUR, Sept 9 (Bernama) -- The 13th Malaysia Plan (13MP) offers a vital platform to accelerate Malaysia’s transition towards a climate-resilient, innovation-driven future, securing the country’s position as a global leader in sustainable palm oil production, says the Malaysian Palm Oil Board (MPOB)

Ringgit Extends Gains Against US Dollar On Fed Cut Expectations

KUALA LUMPUR, Sept 9 (Bernama) -- The ringgit opened stronger against the US dollar on Tuesday, extending gains as the greenback weakened on rising expectations of United States interest rate cuts.