KUALA LUMPUR: The ringgit opened lower against the US dollar on lack of demand due to falling crude oil prices, said an analyst. At 9.02 am, the local currency traded 4.1835/1875 versus the greenback from Friday’s close of 4.1805/1810. The analyst said investors are staying away from the local forex market ahead of Malaysia’s fourth […]
Read MoreBank Negara Malaysia has reiterated that the Malaysian economy will expand from 5.5-6.5 per cent this year, underpinned by continued expansion in global demand and higher private sector expenditure, says governor Nor Shamsiah Mohd Yunus. In an email interview with Bernama, Nor Shamsiah said Malaysia was well-positioned to gain as global growth and trade bounce […]
Read MoreKUALA LUMPUR: Malaysia’s total trade recorded an upward trend, growing 5.5 per cent in December 2021 compared to the previous month, said the Department of Statistics Malaysia (DOSM). In a statement today, it said the export value rose by 10.4 per cent to RM123.8 billion against November 2021, reflected by the increment in exports of machinery […]
Read MoreKUALA LUMPUR, Feb 4 ― Bank Negara Malaysia (BNM) today reiterated that the Malaysian economy will expand between 5.5 per cent and 6.5 per cent this year, underpinned by continued expansion in global demand and higher private sector expenditure, said Governor Tan Sri Nor Shamsiah Mohd Yunus. In an email interview with Bernama, Nor Shamsiah […]
Read MoreThe government earlier decided to open the permits for chicken imports to all approved permit holders, opening up the supply. PETALING JAYA – Expect chicken prices to fall further now that the government has opened up the approved permits (AP) for hypermarkets to import the birds. Retail chains have welcomed the government’s decision and promised to […]
Read MoreKUALA LUMPUR, Feb 4 ― The ringgit opened slightly higher against the US dollar today, tracking higher crude oil prices. At 9.11am, the local note appreciated to 4.1800/1835 versus the greenback from 4.1835/1850 at yesterday’s close. At the time of writing, Brent crude advanced 0.18 per cent to US$91.27 (RM381.37) per barrel. Meanwhile, the ringgit […]
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