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Malaysian ringgit weakens in offshore trading

KUALA LUMPUR: Malaysia’s currency weakened in offshore trading after the opposition claimed victory in Wednesday’s general election. The ringgit one-month non-deliverable forward fell 1.7% to 4.0461 against the dollar, after the long-serving former premier, Mahathir Mohamed, 92, claimed that the opposition alliance he leads had won enough parliament seats to form the next government. Results as of […]

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Myanmar: Yangon government promises to lower petrol prices

The Yangon Regional Government will lower petrol prices to reduce transportation costs for commuters, said Finance and Planning minister U Myint Thaung in the Yangon Parliament on Tuesday. The minister was responding to questions raised by MP U Hla Htay from Mingalar Taungnyunt township. “Transportation charges have been rising as all the petrol stations have […]

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