Ringgit Likely To Trade On Softer Note Next Week

KUALA LUMPUR, Jan 4 (Bernama) -- The ringgit is expected to trade on a softer note against the US dollar, remaining within a narrow range next week.

Ringgit Extends Loss As Robust US Jobs Data Holds Greenback Near Two-year High

KUALA LUMPUR, Jan 3 (Bernama) --The ringgit extended its loss to close lower against the US dollar on Friday as robust US jobs data held the greenback at a near two-year high.

Rubber Market Closes Lower, Tracking Regional Futures Markets

KUALA LUMPUR, Jan 3 (Bernama) -- The local rubber market continued to close lower on Friday, in tandem with a downtrend in the regional rubber futures markets due to underwhelming global factory activity data that signalled a rocky economic outlook, a dealer said.

Kenanga IB: Banking Sector Loan Growth Projected At 6.0 Pct In 2025

KUALA LUMPUR, Jan 3 (Bernama) -- Malaysia’s banking loan growth is projected at 6.0 per cent in 2025 amid uncertainties in foreign trade policies, said Kenanga Investment Bank Bhd (Kenanga IB). 

MSPO 2.0 Reinforces Malaysia's Leadership In Sustainable Palm Oil Production -- MPOC

KUALA LUMPUR, Jan 3 (Bernama) -- The implementation of Malaysian Sustainable Palm Oil (MSPO) Standard MS2530:2022 (MSPO 2.0) reinforces Malaysia’s leadership in sustainable palm oil production and strengthens its position in the global markets, said the Malaysian Palm Oil Council (MPOC).

Maybank IB: CPO Prices Seen At RM4,500–RM5,000 In 1Q 2025

KUALA LUMPUR, Jan 2 (Bernama) -- Maybank Investment Bank Bhd (Maybank IB) expects crude palm oil (CPO) average selling prices (ASP) to range between RM4,500 and RM5,000 per tonne in the first quarter of 2025 (1Q 2025).

Singapore Economy Grows 4.3 Pct In 4q 2024 – MTI

SINGAPORE, Jan 2 (Bernama) -- Singapore's economy grew by 4.3 per cent year-on-year (y-o-y) in the fourth quarter of 2024 (4Q 2024), slower than the 5.4 per cent expansion in the previous quarter, according to advance estimates from the Ministry of Trade and Industry (MTI).

Malaysia Implements MSPO 2.0 To Boost Sustainable Palm Oil Standards

KUALA LUMPUR, Jan 1 (Bernama) -- The Malaysian Sustainable Palm Oil (MSPO) Standard MS2530:2022 (MSPO 2.0) officially comes into effect today, introducing stricter guidelines for sustainability, traceability, and ethical practices in palm oil production.

Ringgit Closes Out 2024 As Top Performer Among Major Asian Currencies

By Norsyafawati Ab Wahab

KUALA LUMPUR, Dec 31 (Bernama) -- The ringgit emerged as the best-performing currency in Asia in 2024, standing out among major regional peers amid a challenging global economic landscape.

Rubber Market Follows Regional Futures Market Uptrend

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Dec 30 (Bernama) -- The local rubber market closed positive on Monday, supported by the uptrend in regional rubber futures markets, following expectations of improved Chinese economic data from additional stimulus, a dealer said.

Window Dressing Activities Likely To Drive Bursa Malaysia Higher Next Week

By Anas Abu Hassan

KUALA LUMPUR, Dec 28 (Bernama) -- Year-end window dressing activities are expected to drive Bursa Malaysia's continued uptrend next week, fuelled by positive sentiment, according to UOB Kay Hian Wealth Advisors Sdn Bhd. 

Ringgit To Exhibit Softness In Thin Trading Next Week

By Nurul Jannah Kamaruddin

KUALA LUMPUR, Dec 28 (Bernama) -- The ringgit is set to exhibit softness next week during the last period of trading in 2024 and the start of 2025, with movements likely ranging between 4.47 and 4.50.