Ringgit Ends Lower Vs Greenback Following BNM's GDP Forecast Revision

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, July 28 (Bernama) -- The ringgit ended easier against the US dollar today, as traders' sentiment was affected by Bank Negara Malaysia’s (BNM) gross domestic product (GDP) revision for the year. 

Bursa Slips 0.73 Pct At Midday As Investors Trim Positions Ahead Of Weekend

KUALA LUMPUR, July 25 (Bernama) -- Bursa Malaysia finished the morning session in the red, losing 0.73 per cent as cautious sentiment prompted portfolio adjustment ahead of the weekend.

Bank Islam Sees Short-term Economic Boost From Govt Fiscal Package

KUALA LUMPUR, July 24 (Bernama) -- The government's special announcement on direct fiscal measures are expected to have short- to medium-term impact on the country’s economy, particularly in private consumption, inflation, and fiscal conditions, according to Bank Islam Malaysia Bhd (BIMB).

Special Appreciation For The People Yesterday Takes Into Account Country's Fiscal Capacity - PMO

KUALA LUMPUR, July 24 (Bernama) -- The special appreciation announced by Prime Minister Datuk Seri Anwar Ibrahim yesterday took into account the country's fiscal capacity, according to the Prime Minister's Office (PMO).

RM100 Cash Aid To Have RM3 Bln Retail Injection, Boost Consumption - Kenanga IB

By Siti Radziah Hamzah

KUALA LUMPUR, July 24 (Bernama) -- The targeted fiscal measures announced by Prime Minister Datuk Seri Anwar Ibrahim on Wednesday are anticipated to enhance near-term consumption, especially for essential goods and household items, according to Kenanga Investment Bank Bhd (Kenanga IB).

Utilities And Consumer Stocks Lift Bursa Malaysia Higher At Mid-day

KUALA LUMPUR, July 24 (Bernama) -- Bursa Malaysia ended the morning session on a firmer note as positive sentiment persisted on the local bourse, supported by gains in utilities as well as consumer products and services stocks.

RON95 Subsidy Plan To Benefit Majority, Mitigate Inflationary Pressures - Investment Banks

KUALA LUMPUR, July 24 (Bernama) -- The government's plan to reduce the price of RON95 petrol is widely seen as a positive step to ease living costs and support private consumption amid global economic uncertainties, said investment banks.

Latest Fiscal Support Measures Positive For Consumer Sector -- CIMB Securities

KUALA LUMPUR, July 23 (Bernama) -- The latest fiscal support measures announced by Prime Minister Datuk Seri Anwar Ibrahim are expected to bolster Malaysia’s consumer sector by reinforcing near-term spending, particularly on essential goods and value-based retail, said CIMB Securities Sdn Bhd. 

Retail Prices Of RON95, RON97 And Diesel Remain Unchanged - MOF

KUALA LUMPUR, July 23 (Bernama) -- The retail prices of RON95 and RON97 petrol will remain unchanged at RM2.05 and RM3.21 per litre, respectively, for the period of July 24 to 30.

RON95 Targeted Subsidies, Postponed Toll Hike Ensure Mobility Remains Accessible For Rakyat -- Carsome

KUALA LUMPUR, July 23 (Bernama) -- The government’s decision to implement targeted subsidies for RON95 and to freeze toll rate hikes across key highways will ensure mobility remains accessible and affordable for the rakyat, said Carsome Group chief business officer Aaron Kee today.

Bursa Malaysia Gains At Midday As Fuel Price Assurance Boosts Consumer Stocks

KUALA LUMPUR, July 23 (Bernama) -- Bursa Malaysia ended the morning trading session in positive territory, supported by buying in selected counters, led by 99 SpeedMart, CIMB and Maybank.

RON95 Price Lowered To RM1.99 Per Litre After Targeted Subsidy, People Will Not Be Affected - PM Anwar

KUALA LUMPUR, July 23 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim today announced that the price of RON95 petrol will drop following the planned targeting of fuel subsidies, thus giving assurances that the rakyat will not be affected.