1d ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Dec 20 (Bernama) -- The ringgit is expected to experience profit-taking next week, hovering between RM4.07 and RM4.09 against the US dollar after hitting a near six-year high yesterday.
2d ago
KUALA LUMPUR, Dec 19 (Bernama) -- The International Monetary Fund’s (IMF) assessment of Malaysia’s economic performance reflects the nation’s prudent fiscal management, strong domestic demand, and commitment to structural reforms under the MADANI Economy framework, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
2d ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Dec 19 (Bernama) -- The ringgit strengthened to the 4.07 level against the US dollar at Friday’s close, its strongest in nearly six years, following softer-than-expected US inflation data.
2d ago
KUALA LUMPUR, Dec 19 (Bernama) -- Malaysia has shown notable resilience against global trade tensions and policy uncertainty with its economy growing at a healthy pace this year, supported by strong domestic consumption and investment, solid employment growth, and a global tech-sector upcycle.
2d ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Dec 19 (Bernama) -- The ringgit opened slightly higher against the US dollar on Friday, holding at the 4.08 level, supported by growing expectations of a softer US monetary policy outlook and recent global central bank developments.
3d ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Dec 18 (Bernama) -- The ringgit closed marginally higher against the greenback on Thursday as market participants awaited the release of the US consumer price index (CPI) report later tonight.
5d ago
KUALA LUMPUR, Dec 16 (Bernama) -- Global credit rating agency, AM Best has maintained the stable outlook on Malaysia’s non-life insurance segment, citing regulatory initiatives designed to increase insurance penetration and phased de-tariffication of motor and fire insurance.
6d ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Dec 15 (Bernama) -- The ringgit ended firmer against the US dollar on Monday, extending gains after hovering near the 4.09 level last week, as investors remained constructive ahead of upcoming key US data.
6d ago
KUALA LUMPUR, Dec 15 (Bernama) -- Poh Kong Holdings Bhd’s net profit for the first quarter of the financial year 2026, ended Oct 31, 2025 (1Q FY2026), increased to RM39.61 million from RM21.34 million in the same quarter last year.
6d ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Dec 15 (Bernama) -- Small and medium enterprises (SMEs), regarded as the backbone of the economy, progressed further this year, buttressed by a more stable economic environment and a gradual recovery in domestic demand, which boosted sales and business confidence across the sector.
6d ago
KUALA LUMPUR, Dec 15 (Bernama) -- The ringgit maintained its upward trend, opening slightly higher against the US dollar as improving sentiment in the Malaysian economy and easing trade tensions supported the local currency.
7d ago
KUALA LUMPUR, Dec 14 (Bernama) -- Malaysia entered 2025 amid fiscal constraints, subsidy reforms, uneven global trade, and a weak ringgit — but the economy continued to advance, even as the overall outlook remained cautious.