2d ago
GEORGE TOWN, June 18 (Bernama) -- The artificial intelligence (AI) boom is opening significant growth opportunities for Penang’s small and medium enterprises (SMEs), particularly those supporting the semiconductor value chain, according to the Malaysia Semiconductor Industry Association (MSIA).
10d ago
KUALA LUMPUR, June 10 (Bernama) -- Resilient domestic demand and still-contained underlying inflation should allow Bank Negara Malaysia (BNM) to keep the overnight policy rate (OPR) at 2.75 per cent throughout 2026, said Kenanga Investment Bank Bhd (Kenanga IB).
1m ago
KUALA LUMPUR, May 7 (Bernama) -- The ringgit extended yesterday’s momentum to open higher on Thursday, amid expectations that it could appreciate further today.
1m ago
KUALA LUMPUR, May 4 (Bernama) -- The ringgit opened higher against the US dollar on the first trading day of May, with the upcoming Bank Negara Malaysia (BNM) Monetary Policy Committee (MPC) meeting later this week, developments in the United States–Iran conflict and the release of the US non-farm payroll (NFP) data expected to set the tone for the market.
2m ago
KUALA LUMPUR, April 3 (Bernama) -- The ringgit rebounded to the 4.02 level against the US dollar at the close today, as the Iran-Oman energy transit talks eased concerns over supply disruptions.
3m ago
KUALA LUMPUR, March 9 (Bernama) -- The ringgit opened lower against the US dollar on Monday as heightened risk aversion strengthened the greenback after Brent crude oil prices surged 15.5 per cent to US$107.04 per barrel, an analyst said.
3m ago
KUALA LUMPUR, Feb 27 (Bernama) -- Malaysia must not be fixated on the ringgit’s specific exchange rate level but rather on the currency’s long-term strength, as it reflects the overall health of the nation’s economy.
3m ago
KUALA LUMPUR, Feb 25 (Bernama) -- The ringgit opened firmer against the US dollar and other major currencies on Wednesday, supported by a softer greenback following weaker US economic data and improved global risk appetite.
4m ago
KUALA LUMPUR, Feb 20 (Bernama) -- The ringgit opened higher against the US dollar on Friday as traders turned cautious amid escalating geopolitical tensions, an analyst said.
4m ago
KUALA LUMPUR, Feb 12 (Bernama) -- The ringgit opened higher against the US dollar, despite a firmer greenback, as continued confidence in Malaysia’s economic fundamentals supported the local currency.
4m ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Feb 9 (Bernama) -- The ringgit opened nearly unchanged against the US dollar on Monday, as mixed global sentiment capped gains while investors assessed political developments and major currency moves.
4m ago
KUALA LUMPUR, Feb 6 (Bernama) -- The ringgit traded flat against the US dollar at Friday’s close, pressured by profit-taking as traders locked in gains accumulated earlier.