KUALA LUMPUR, Oct 6 — The ringgit further slipped against the US dollar at the close today as concern rose over higher global inflation rate following elevated levels of commodity prices, which appeared to have lent support for the greenback, an analyst said. At 6pm, the local note fell to 4.1825/1845 versus the greenback from […]
Read MoreKUALA LUMPUR, Oct 5 — The ringgit ended lower against the US dollar today as the greenback was supported by the expected positive momentum from the ISM Manufacturing Purchasing Managers’ Index data due later in the session, a dealer said. At 6pm, the local note fell to 4.1785/1795 versus the greenback from Monday’s closing of […]
Read MoreKUALA LUMPUR, Oct 4 — Malaysia’s trade from January to August this year increased by 22.9 per cent to RM1.4 trillion compared to the same period last year. Senior Minister and International Trade and Industry Minister Datuk Seri Mohamed Azmin Ali said exports expanded 24.9 per cent to RM778.49 billion while imports increased 20.4 per cent to RM628.29 […]
Read MoreKUALA LUMPUR, Oct 4 — Malaysia needs to find ways to cut down on imports, boost exports and attract foreign investors to ensure the success of the 12th Malaysia Plan (12MP). During the debate on the 12MP in the Dewan Rakyat today, Teresa Kok (DAP-Seputeh) noted that in terms of exports to the international markets […]
Read MoreKUALA LUMPUR, Oct 4 — The ringgit ended higher against the US dollar today, supported by improved sentiment towards the local currency and a correction in the greenback, an analyst said. At 6pm, the local note climbed to 4.1730/1760 versus the greenback from last Friday’s closing of 4.1770/1810. According to Bank Islam chief economist Mohd […]
Read MoreInbound tourism players in Malaysia have expressed support for a cautious tourism reopening for the country, as authorities decide to indefinitely suspend a travel bubble for Tioman Island and Genting Highlands that was meant to set in on October 1. The postponement was announced by Kamaruddin Ibrahim, general manager of Tourism Pahang, which oversees the […]
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