19d ago
By Harizah Hanim Mohamed and Danni Haizal Danial Donald
KUALA LUMPUR, Jan 23 (Bernama) – The MADANI Government’s bold measures to reinforce the economy has proven to be a positive reset, culminating in the ringgit breaking through the psychological barrier of 4.0 versus the US dollar and reaching a more than seven-year high of 3.99 in intra-day trading.
20d ago
KUALA LUMPUR, Jan 23 (Bernama) -- Mild profit-taking nudged Bursa Malaysia lower at the open on Friday, following its robust close a day earlier.
20d ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Jan 22 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives extended its upward momentum to close higher on Thursday for the third consecutive day, supported by improved market sentiment, said an analyst.
21d ago
KUALA LUMPUR, Jan 22 (Bernama) -- The ringgit closed firmer against the US dollar on Thursday, supported by improved market sentiment following Bank Negara Malaysia’s (BNM) decision to maintain the overnight policy rate (OPR).
21d ago
KUALA LUMPUR, Jan 22 (Bernama) -- Malaysia's economy is set to remain resilient this year, with growth likely reaching 4.5 per cent, anchored by strong private consumption and tourism drive.
21d ago
By Siti Noor Afera Abu
KUALA LUMPUR, Jan 22 (Bernama) -- The ringgit opened higher against the US dollar on Thursday, as the market priced in expectations that Bank Negara Malaysia (BNM) would keep the overnight policy rate (OPR) unchanged at 2.75 per cent at its policy meeting later in the day, offsetting a firmer tone in the greenback.
22d ago
KUALA LUMPUR, Jan 21 (Bernama) -- Crude palm oil prices (CPO) are expected to remain range-bound between RM4,000 per tonne and RM4,300 per tonne in February due to seasonal declines in production and stocks, according to the Malaysian Palm Oil Council (MPOC).
22d ago
KUALA LUMPUR, Jan 21 (Bernama) -- The ringgit opened marginally firmer against the US dollar and other major currencies on Wednesday, supported by modest demand, as traders remained cautious and monitored ongoing economic developments.
24d ago
By Zufazlin Baharuddin
KUALA LUMPUR, Jan 19 (Bernama) -- Bursa Malaysia’s benchmark index pared earlier losses, ending marginally lower after late buying lifted it to the day’s high of 1,712.33 at the close, amid mixed regional sentiment.
24d ago
KUALA LUMPUR, Jan 19 (Bernama) -- Malaysia's economy is expected to remain resilient this year, driven by the ongoing foreign direct investment (FDI) and robust infrastructure investment, said HSBC chief Asia economist Frederic Neumann.
26d ago
By Mohd Iswandi Kasan Anuar and Nor Baizura Basri
PUTRAJAYA, Jan 17 (Bernama) -- Despite the view that subsidies are inefficient and prices of basic necessities should be determined by market forces, the MADANI Government has chosen a more realistic approach by providing targeted subsidies to help households cope with cost-of-living pressures.
26d ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Jan 17 (Bernama) -- Bursa Malaysia is expected to trade in a modest and range-bound trend next week, said an economist.