BNM's International Reserves Increase To US$119.60 Bln As At May 30

KUALA LUMPUR, June 9 (Bernama) -- Malaysia’s international reserves grew marginally to US$119.60 billion as at May 30, 2025, from US$119.10 billion recorded as at May 15, 2025, according to Bank Negara Malaysia (BNM).

Ringgit Ends Marginally Lower Against Greenback On Stronger US Dollar Index

By Danni Haizal Danial Donald

KUALA LUMPUR, June 6 (Bernama) -- The ringgit closed marginally lower against the US dollar on Friday, amid a stronger US Dollar Index (DXY) as traders await US Nonfarm Payroll (NFP) data tonight, said an analyst.

Tealive Operator Launches 3-in-1 Range Ahead Of IPO

PUTRAJAYA, June 6 (Bernama) -- Tealive has launched into the fast-moving consumer goods segment with the launch of its 3-in-1 sachet beverage series, ahead of its planned listing on Bursa Malaysia’s Main Market.

Concerns Over US Fiscal Position Dampen The Dollar

By Abdul Hamid A Rahman

KUALA LUMPUR, May 30 (Bernama) -- The US dollar continues to weaken, pressured by concerns over the United States (US) fiscal outlook, including rising debt, widening deficits and increased government spending, alongside trade tensions and shifting global investments.

BNM: Malaysia's International Reserves Assets At US$118.70 Bln As Of End-April

KUALA LUMPUR, May 30 (Bernama) -- Malaysia's international reserve assets amounted to US$118.70 billion (US$1= RM4.21) as of end-April, 2025, while other foreign currency assets stood at US$1.75 billion, according to Bank Negara Malaysia (BNM).

IMF Forum Explores How Governments Can Better Navigate Rising Borrowing Costs, Refinancing Pressures

KUALA LUMPUR, May 28 (Bernama) -- The 20th International Monetary Fund (IMF) Public Debt Management Forum explores and discusses how governments can better navigate the challenges of rising borrowing costs and debt refinancing pressures.

Ringgit Rebounds Against US Dollar On Improved Risk Appetite

By Zufazlin Baharuddin

KUALA LUMPUR, May 28 (Bernama) -- The ringgit rebounded to close higher against the US dollar today, supported by improved risk appetite for the local note despite prevailing global uncertainties.

MITI Has Not Appointed New Chairman For HDC

KUALA LUMPUR, May 28 (Bernama) --  The Ministry of Investment, Trade and Industry (MITI) has yet to appoint a new chairman for Halal Development Corporation Bhd (HDC) following the end of former chairman Khairul Azwan Harun’s contract.

Khairul Azwan Ends Service As HDC Chairman

KUALA LUMPUR, May 27 (Bernama) -- Khairul Azwan Harun has ended his service as the chairman of the Halal Development Corporation (HDC) Bhd, effective May 17, according to the Ministry of Investment, Trade and Industry (MITI).

Ringgit Opens Higher As US Trade Policy Uncertainty, Fiscal Concerns Weigh On Dollar

KUALA LUMPUR, May 27 (Bernama) -- The ringgit opened higher against the US dollar today, buoyed by continued weakness in the greenback amid growing concerns over the United States’ (US) fiscal trajectory and trade policy inconsistencies.

Ringgit Strengthens Against Us Dollar Amid Tariff Shock Effects

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, May 26 (Bernama) -- The ringgit continued to strengthen against the US dollar at opening today, driven by tariff shocks that are expected to negatively impact the US economy, said an analyst.

Ringgit Opens Higher Against Greenback On Lower US Dollar Index

By Danni Haizal Danial Donald

KUALA LUMPUR, May 23 (Bernama) -- The ringgit opened stronger against the US dollar on Friday, due to a weaker US Dollar Index (DXY) amid mixed economic data, said an analyst.