1y ago
By Danni Haizal Danial Donald and Fatin Umairah Abdul Hamid
KUALA LUMPUR, Feb 7 (Bernama) -- The ringgit opened slightly higher against the US dollar at opening trade as the US Federal Reserve (Fed) does not seem inclined to reduce rates in the near term, said an analyst.
1y ago
KUALA LUMPUR, Feb 6 (Bernama) -- More than RM50 million has been spent by 700,000 recipients of the Sumbangan Asas Rahmah (SARA) in the poor and hardcore poor categories on the purchase of basic necessities, as of yesterday (Feb 5).
1y ago
KUALA LUMPUR, Feb 5 (Bernama) -- Malaysia needs tax reforms to raise additional revenues for reducing inequality, according to the World Bank.
1y ago
KUALA LUMPUR, Feb 5 (Bernama) -- The ringgit appreciated further against the US dollar today amid fears on US tariff hikes and the expectation that the US Federal Reserve (Fed) would maintain interest rates later this year, said an analyst.
1y ago
KUALA LUMPUR, Feb 5 (Bernama) -- Khazanah Nasional Bhd will continue to diversify and strengthen its global portfolio in 2025 amid a not-so-easy and volatile global environment, managing director Datuk Amirul Feisal Wan Zahir said.
1y ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Feb 5 (Bernama) -- The government’s decision to set the Employees Provident Fund (EPF) contribution rate for foreign workers at two per cent — lower than the initially proposed 12 per cent — helps employers reduce overall wage expenditure.
1y ago
KUALA LUMPUR, Feb 4 (Bernama) -- Malaysia must strengthen and optimise its gold resource management by establishing a holistic and comprehensive National Gold Industry Management Framework.
1y ago
By Siti Radziah Hamzah
KUALA LUMPUR, Feb 3 (Bernama) -- The ringgit weakened against the US dollar on Monday, primarily due to the latest tariff imposition by the United States on Canada, Mexico, and China, according to analysts.
1y ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Feb 1 (Bernama) -- Rubber market prices are expected to be trading at equilibrium next week, with supply and demand dynamics offsetting each other due to the incessant rains in rubber-producing countries and the long Chinese New Year (CNY) holidays, said industry expert Denis Low.
1y ago
KUALA LUMPUR, Jan 31 (Bernama) -- The total industry volume (TIV) for new vehicle sales is expected to decline by seven per cent year-on-year to 760,000 units in 2025 from last year’s 816,674, said CIMB Securities Sdn Bhd.
1y ago
KUALA LUMPUR, Jan 31 (Bernama) -- The ringgit opened slightly higher against the US dollar amid higher US Dollar Index (DXY) and strong economic data supporting the greenback, an analyst said.
1y ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Jan 27 (Bernama) -- The ringgit closed marginally lower today, pressured by a stronger greenback amid heightened tariff rhetoric from United States President Donald Trump, which lifted the dollar’s strength in broader markets.