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Ringgit Rebounds To End Firmer Against US Dollar

By Anas Abu Hassan

KUALA LUMPUR, Oct 11 (Bernama) -- The ringgit rebounded against the US dollar to end marginally higher today, as the greenback retreated after key United States (US) inflation data came in above expectations.

Manufacturing Sales Value Rises 7.7 Pct To RM163.9 Bln In August -- DOSM

KUALA LUMPUR, Oct 11 (Bernama) -- The manufacturing sector's August 2024 sales value reached RM163.9 billion, reflecting a year-on-year (y-o-y) increase of 7.7 per cent versus a decline of 3.3 per cent in the same month last year, according to the Department of Statistics Department (DOSM).

Global Rate Cuts Signal Policy Shifts, But Malaysia Takes A Measured Approach

KUALA LUMPUR, 11 Oct (Bernama) -- The rate cuts in several countries worldwide reflect a global shift in monetary policy towards easing, driven by differing domestic economic conditions, said an analyst. 

ASEAN Must Remain A Strong Entity, Resist Divisions - FM Mohd Hasan

By Sharifah Hunani Syed Ismail

VIENTIANE, 11 Oct (Bernama) -- ASEAN must remain a strong entity, which requires every member of the bloc to avoid creating divisions by siding with conflicting countries.

Wholesale And Retail Trade Sales Rise 4.7 Pct To RM149.2 Bln In August - DOSM

KUALA LUMPUR, Oct 11 (Bernama) -- Malaysia's wholesale and retail trade sector registered a 4.7 per cent year-on-year (y-o-y) growth with total sales of RM149.2 billion in August 2024, said the Department of Statistics Malaysia (DOSM).

Malaysia’s IPI Rises 4.1 Pct In August, Propelled By Manufacturing Sector's Growth

KUALA LUMPUR, Oct 11 (Bernama) -- Malaysia’s Industrial Production Index (IPI) increased by 4.1 per cent in August 2024, propelled by the moderate growth in the manufacturing sector, said the Department of Statistics (DOSM).

Malaysia Could Supercharge FDI Through Budget 2025 Initiatives - Analysts

By Siti Radziah Hamzah

KUALA LUMPUR, Oct 11 (Bernama) -- Malaysia could supercharge its foreign direct investment (FDI) through Budget 2025 by offering bold tax incentives, streamlined regulations, and targeted sector support, said analysts.

Ringgit Rises Against US Dollar In Early Trade On Higher Inflation Print In The US

KUALA LUMPUR, Oct 11 (Bernama) -- The ringgit opened higher against the US dollar on Friday amid a higher-than-expected inflation print in the United States. 

Sapura Resources Appoints Reza Abdul Rahim As Acting MD

KUALA LUMPUR, Oct 10 (Bernama) -- Sapura Resources Bhd have redesignated Reza Abdul Rahim as its executive director and acting managing director (MD) effective today.

Ringgit Retreats Against US Dollar Ahead Of US Inflation Data

By Anas Abu Hassan

KUALA LUMPUR, Oct 10 (Bernama) -- The ringgit retreated to close lower against the US dollar today as traders awaited key United States (US) inflation data that may influence the pace of Federal Reserve (Fed) interest rate cuts.  

Unemployment Rate In Malaysia Falls To 3.2 Pct in August

PUTRAJAYA, Oct 10 (Bernama) -- August’s unemployment rate fell to 3.2 per cent, registering 558,500 unemployed persons, according to the Labour Force Statistics for August released today.

Rising Demand And Supportive Policies Key To Malaysia AI Market Growth - IBM Malaysia

KUALA LUMPUR, Oct 10 (Bernama) -- IBM Malaysia said the growing demand for artificial intelligence (AI)- driven solutions, alongside supportive government policies promoting technological innovation, will drive Malaysia’s AI market growth.