Ringgit Starts Higher On Stable S&P Outlook
KUALA LUMPUR, Sept 22 (Bernama) -- The ringgit opened slightly higher against the US dollar on Monday, supported by Malaysia’s stable sovereign credit outlook and stronger domestic economic data.
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KUALA LUMPUR, Sept 22 (Bernama) -- The ringgit opened slightly higher against the US dollar on Monday, supported by Malaysia’s stable sovereign credit outlook and stronger domestic economic data.
KUALA LUMPUR, Sept 20 (Bernama) -- S&P Global Ratings (S&P) has reaffirmed Malaysia’s sovereign credit ratings at ‘A-’ with a stable outlook, underscoring confidence in the country’s macroeconomic management despite global trade uncertainty, according to the Finance Ministry (MoF).
SHAH ALAM, Sept 9 (Bernama) -- Malaysia’s largest home-grown halal pizza chain, US Pizza, aims to expand to 200 outlets by the end of 2026 following positive business growth in recent years.
KUALA LUMPUR, Aug 27 (Bernama) -- Hong Leong Financial Group Bhd’s (HLFG) net profit for the financial year ended June 30, 2025 (FY2025) rose to RM3.25 billion from RM3.19 billion in the previous financial year, driven by improved performance of commercial banking and insurance.
KUALA LUMPUR, Aug 21 (Bernama) -- Maxis Bhd posted a higher net profit of RM398 million for the second quarter ended June 30, 2025 (2Q 2025), up 11.8 per cent from RM356 million in the same quarter last year.
PUTRAJAYA, Aug 15 (Bernama) -- Despite global uncertainties, Malaysia’s gross domestic product (GDP) grew 4.4 per cent in the first half of 2025, proving that the MADANI Economy policies are yielding results for the nation and, most importantly, the rakyat, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
KUALA LUMPUR, Aug 11 (Bernama) -- Malaysia’s construction sector maintained steady growth of 12.9 per cent, with the value of work done reaching RM43.9 billion in the second quarter of 2025 (2Q 2025), following a 16.6 per cent increase in the previous quarter, according to the Department of Statistics Malaysia (DOSM).
KUALA LUMPUR, Aug 8 (Bernama) -- The ringgit continued its retreat against the US dollar on profit-taking after recent gains to close lower on Friday.
KUALA LUMPUR, Aug 7 (Bernama) -- June 2025’s stronger-than-expected Industrial Production Index (IPI) points to solid second-quarter gross domestic product (2Q GDP) growth of 4.5 per cent year-on-year (y-o-y), with potential upside towards 4.6 per cent, according to RHB Investment Bank Bhd (RHB IB).
KUALA LUMPUR, Aug 7 (Bernama) -- Malaysia’s Industrial Production Index (IPI) increased by a significant 3.0 per cent in June 2025 from 0.3 per cent in May 2025 driven by growth momentum in the manufacturing and electricity sectors, according to the Statistics Department Malaysia (DOSM).
KUALA LUMPUR, July 23 (Bernama) -- Malaysia, through platforms such as the upcoming ASEAN Semiconductor Summit (ASEMIS) 2025, is determined to advance the ASEAN Framework for Integrated Semiconductor Supply Chain and strengthen the region’s role in ensuring global tech security.
KUALA LUMPUR, July 21 (Bernama) -- Bursa Malaysia remained lower at the lunch break, while regional market performance across was mixed as ongoing trade tensions continued to weigh on sentiment.