17d ago
KUALA LUMPUR, Dec 9 (Bernama) -- The ringgit continued to hold steady against the US dollar at Tuesday’s close, as markets positioned for a cautious tone as the Federal Open Market Committee (FOMC) begins its two-day meeting today.
17d ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Dec 9 (Bernama) -- Bursa Malaysia drifted lower for most of the day but reversed earlier losses to end slightly higher on late buying as investors turned cautiously optimistic ahead of the United States Federal Open Market Committee’s (FOMC) rate decision tomorrow.
17d ago
By K. Naveen Prabu and Muhammad Fawwaz Thaqif Nor Afandi
KUALA LUMPUR, Dec 9 (Bernama) -- Exempting companies with annual revenue of below RM1 million from implementing e-invoicing will ease administrative pressure on small and medium enterprises (SMEs) and allow them to focus on their core business activities, said an economist.
17d ago
KUALA LUMPUR, Dec 9 (Bernama) -- The ringgit opened marginally lower against the US dollar this morning and is expected to maintain trade within a tight range in light of the mixed market sentiments as the Federal Open Market Committee (FOMC) begins its two-day meeting today.
18d ago
KUALA LUMPUR, Dec 8 (Bernama) -- Malaysia must accelerate its transition into high-value and innovation-led industries if it wants to strengthen long-term economic competitiveness, Nottingham University Business School assistant professor of business economics Dr Tan Chee Meng said today.
18d ago
By Harizah Hanim Mohamed
KUALA LUMPUR, Dec 8 (Bernama) -- The ringgit opened firmer against the US dollar this morning, carried by last week’s positive momentum as the greenback continued to weaken ahead of the two-day Federal Open Market Committee (FOMC) meeting starting tomorrow.
19d ago
KUALA LUMPUR, Dec 7 (Bernama) -- Malaysia’s banking sector ended 2025 on a firmer footing, charting steady loan growth, stable asset quality and sustained profitability despite a year clouded by global trade tensions, while the outlook for next year remains steady amid a diversified portfolio.
20d ago
PUTRAJAYA, Dec 6 (Bernama) -- The World Bank has commended Malaysia for its strong progress in reducing poverty, particularly hardcore poverty, while noting that further improvements in education and health outcomes are crucial to support inclusive and equitable growth.
20d ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Dec 6 (Bernama) -- Bursa Malaysia is expected to be in a data-dependent mode as markets position ahead of the Federal Open Market Committee (FOMC) meeting on Dec 9-10, said IPPFA Sdn Bhd director of investment strategy and country economist Mohd Sedek Jantan.
20d ago
By Zufazlin Baharuddin
KUALA LUMPUR, Dec 6 (Bernama) -- The ringgit is expected to remain steady and trade within the 4.10–4.12 range against the US dollar next week, supported by market expectations of an interest rate cut by the US Federal Reserve (Fed) at its upcoming Federal Open Market Committee (FOMC) meeting.
20d ago
By Zufazlin Baharuddin
KUALA LUMPUR, Dec 6 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives is expected to trade higher next week, supported by expectations of a United States (US) Federal Reserve (Fed) interest rate cut, which keeps investors drawn to the safe-haven asset.