By Abdul Hamid A Rahman
KUALA LUMPUR, Jan 27 (Bernama) -- The ringgit ended at another fresh high in more than seven years against the US dollar today, reaching the 3.95 level, with an economist setting a new support level for the local currency at RM3.8722.
KUALA LUMPUR, Jan 27 (Bernama) -- The ringgit traded at 3.9540 against the US dollar at the lunch break, marking a fresh high since May 15, 2018, when it last stood at the same level, and extending its run of fresh highs.
KUALA LUMPUR, Jan 27 (Bernama) -- Positive economic data have reinforced the position and strength of the ringgit, Prime Minister Datuk Seri Anwar Ibrahim said.
KUALA LUMPUR, Jan 24 (Bernama) -- CIMB Islamic Bank Bhd has committed RM20 million over the next five years to support environmental conservation initiatives through its EcoSave-i programme, Malaysia’s first environmentally focused Islamic savings account.
KUALA LUMPUR, Jan 22 (Bernama) -- The government has introduced more than 40 new policies and key initiatives and amended over 80 acts, including new legislation enacted during its three-year administration, to implement its promised economic reforms to address the people’s cost-of-living issues, according to the Ministry of Economy.
KUALA LUMPUR, Jan 16 (Bernama) -- The United States has cleared FGV Holdings Bhd (FGV) to export palm oil and palm oil products to the US effective Jan 15 2026, following the modification of the Withhold Release Order (WRO).
KUALA LUMPUR, Jan 16 (Bernama) -- Malaysia’s economy is projected to grow by 5.7 per cent in the fourth quarter of 2025 (4Q 2025), supported by a strong performance in the main economic sectors and robust domestic demand, according to the Department of Statistics Malaysia (DOSM).
KUALA LUMPUR, Jan 7 (Bernama) -- The Malaysia Digital Economy Corporation (MDEC) recorded RM6.8 billion in digital exports between 2024 and the first half (1H) of 2025, marking a milestone in Malaysia’s digital economy journey.
KUALA LUMPUR, Jan 5 (Bernama) -- Foreign investors were net sellers of Asian equities for the week ended Jan 2, 2025, offloading US$1.05 billion (US$1=RM4.06) across the eight markets tracked by MBSB Investment Bank Bhd (MBSB IB).
KUALA LUMPUR, Jan 2 (Bernama) -- Banks’ net interest margin (NIM) is anticipated to recover in the second half of 2026 (2H 2026), assuming the Overnight Policy Rate (OPR) remains stable at 2.75 per cent throughout the year, according to Kenanga Investment Bank Bhd (Kenanga IB).
By Anas Abu Hassan
KUALA LUMPUR, Dec 30 (Bernama) -- Bursa Malaysia trended lower in early trade today, tracking softer Wall Street performance overnight amid a lack of new economic indicators.
KUALA LUMPUR, Dec 26 (Bernama) -- The Kuala Lumpur rubber market closed mixed on Friday, tracking gains in regional rubber futures markets and steady crude oil prices, but a stronger ringgit against the US dollar weighed on sentiment.
