7m ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Aug 2 (Bernama) -- The ringgit is expected to trade between 4.25 and 4.26 against the US dollar next week, following weaker-than-expected United States (US) Nonfarm Payrolls (NFP) data for July, which may prompt the US Federal Reserve (Fed) to consider an interest rate cut at its September meeting.
7m ago
KUALA LUMPUR, Aug 1 (Bernama) -- The government remains firm on matters related to policies in the financial system, government procurements, and Bumiputera interests during negotiations with the United States (US) on reciprocal tariffs.
7m ago
KUALA LUMPUR, July 25 (Bernama) -- Public Investment Bank Bhd has maintained a neutral outlook on the plantation sector, with crude palm oil (CPO) prices projected to remain stable in the second half of 2025 (2H 2025), trading within the RM4,000 to RM4,300 per tonne range.
8m ago
KUALA LUMPUR, July 15 (Bernama) -- Public Investment Bank Bhd (PIVB) has maintained its “overweight” rating on the technology (tech) sector following the Ministry of Investment, Trade and Industry’s (MITI) announcement on artificial intelligence (AI) chip export control measures.
8m ago
By Harizah Hanim Mohamed
KUALA LUMPUR, July 10 (Bernama) -- Malaysia should continue to strengthen its intra-ASEAN trade relations and engage in multilateral partnerships, as this approach will reduce dependence on any single country and benefit all parties by minimising both trade and non-trade barriers, including tariffs and the movement of goods across borders.
8m ago
KUALA LUMPUR, July 8 (Bernama) -- The ringgit opened lower against the US dollar on Tuesday as market sentiment turned cautious following the United States’ (US) latest reciprocal tariff policy adjustments, which will take effect on Aug 1, 2025, said an analyst.
8m ago
By Harizah Hanim Mohamed
KUALA LUMPUR, July 6 (Bernama) -- Malaysia’s fiscal consolidation efforts are beginning to bear fruit, with measures to narrow the fiscal deficit and reduce government debt gaining traction despite criticism, signalling a positive outlook for the country’s sovereign credit ratings.
8m ago
By Harizah Hanim Mohamed
KUALA LUMPUR, July 3 (Bernama) -- The ringgit opened higher against the US dollar on Thursday, rebounding from a weaker close the day before, as traders turned cautious and pared greenback holdings ahead of the July 9 expiry of the United States’ 90-day tariff pause, an analyst said.
8m ago
KUALA LUMPUR, June 30 (Bernama) -- The ringgit extended last week's gains, opening stronger against the US dollar and a basket of major currencies, and supported by a softer US Dollar Index (DXY) amid expectations of tax and spending cuts being deliberated in the United States’ Senate.
9m ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, June 16 (Bernama) -- The ringgit ended higher against the US dollar, supported by a weaker US Dollar Index (DXY) which fell by 0.21 per cent to 97.979 points amid heightened uncertainties, an economist said.
9m ago
KUALA LUMPUR, June 12 (Bernama) -- Malaysia is seeking lower tariff rates for selected sectors under the United States’ (US) 10 per cent minimum tariff, particularly for industries deemed critical to both economies, ahead of another round of negotiations in Washington on June 18.
9m ago
By Nurunnasihah Ahmad Rashid and Nur Atiq Maisarah Suhaimi
KUALA LUMPUR, June 4 (Bernama) -- Malaysia must be prepared to negotiate the next wave of potential American tariffs targeting key strategic sectors and products such as semiconductors, technology products and pharmaceuticals, rather than focusing solely on negotiating reciprocal tariffs reductions currently with the US.