Palm Oil Players Should Hedge, Diversify Downstream -- Economist

KUALA LUMPUR, June 24 (Bernama) -- Malaysian palm oil producers must intensify hedging efforts and expand downstream to mitigate the risk of sudden price volatility, said Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid.

Malaysia Sharpens Its Focus On Becoming Regional Aerospace And Shipbuilding Hub

By Zarul Effendi Razali

KUALA LUMPUR, June 20 (Bernama) -- Malaysia is sharpening its focus on becoming a regional aerospace and shipbuilding hub, banking on high value investment, technical capability and geostrategic positioning to elevate its industrial profile over the next decade.

Iran-Israel Conflict Poses Limited Economic Risk To Malaysia - CIMB Securities

KUALA LUMPUR, June 18 (Bernama) -- The Iran-Israel conflict poses limited direct economic risk to Malaysia, given the country’s minimal trade exposure to the region and historical evidence that oil price surges linked to conflicts tend to be short-lived, according to CIMB Securities Sdn Bhd.

Policy Consistency, Political Stability Key To World Competitiveness Ranking – Economist

By Abdul Hamid A Rahman

KUALA LUMPUR, June 17 (Bernama) -- Malaysia’s World Competitiveness Ranking (WCR) hinges on political stability and consistent policy formulation and implementation, particularly as difficult or unpopular decisions are sometimes necessary to optimise resource allocation and strengthen the country’s economic structure.

Ringgit Almost Flat Vs US Dollar Amid Ongoing Middle East Conflict

By Siti Noor Afera Abu

KUALA LUMPUR, June 17 (Bernama) -- The ringgit ended nearly flat against the US dollar on Tuesday as investors stayed cautious amid the ongoing military conflict in the Middle East.

Ringgit Expected To Trade Sideways Ahead Of Key Fed Meeting

By Siti Noor Afera Abu

KUALA LUMPUR, June 14 (Bernama) -- The ringgit is expected to trade within a narrow range next week, as investors remain cautious amid ongoing global inflation concerns, said an analyst.

Oil Prices Rally Amid Israel-Iran Conflict, Lifting Bursa Malaysia's Energy Stocks

KUALA LUMPUR, June 13 (Bernama) -- Israel’s military strike on Iran earlier today sent oil prices sharply higher, pushing up the Bursa Malaysia Energy Index by 2.01 per cent to 740.76 points from 726.13 points at yesterday’s close.

Extended SST Timely And Essential To Beef Up Economic Resilience

A Commentary By Nurul Hanis Izmir

PUTRAJAYA, June 12 (Bernama) – Effective July 1, Malaysians will see a revised and extended version of the Sales and Service Tax (SST), one that, on closer inspection, was carefully crafted to strike a delicate balance between fairness, economic resilience and sustainable long-term financial stability for the country.

Late Selling Pressure Drags Bursa Malaysia Into The Red

KUALA LUMPUR, June 10 (Bernama) -- Bursa Malaysia closed marginally lower on Tuesday, with the benchmark index slipping 0.16 per cent, reversing earlier gains as mild selling pressure emerged in the final hour of trading.

Ringgit Slightly Up Against US Dollar Amid Cautious Sentiment

KUALA LUMPUR, June 10 (Bernama) --The ringgit opened slightly higher against the US dollar on Tuesday amid caution about the outcome of trade talks between China and the United States.

Ringgit Flat Against Greenback Ahead Of US-China Trade Talks

By Siti Radziah Hamzah

KUALA LUMPUR, June 9 (Bernama) -- The ringgit traded in a narrow range against the US dollar on Monday amid cautious sentiment in the currency market ahead of US-China trade talks set to take place later today, said an analyst. 

Ringgit Likely To Trade Within RM4.22-RM4.23 Against Greenback Next Week

By Danni Haizal Danial Donald

KUALA LUMPUR, June 7 (Bernama) -- The ringgit is likely to trade around RM4.22 to RM4.23 next week, said an analyst.