KUALA LUMPUR, Sept 13 — Exports in the country rose by RM4.8 billion or 5.1 per cent in July versus the same period last year, according to the Department of Statistics Malaysia (DoSM). The department said Johor showed the highest increase at RM3.4 billion, followed by Sarawak (RM2.8 billion) and Sabah (RM1.1 billion). Other states […]
Read MoreKUALA LUMPUR, Sept 13 — The ringgit had retraced its gains last week to close weaker against the US dollar today as some investors had retreated to the safe-haven greenback due to expectations that the United States Federal Reserve would begin tapering asset purchases. At 6pm, the local note was traded lower at 4.1490/1515 against […]
Read MoreKUALA LUMPUR: Malaysia’s end-August palm oil stocks climbed 25.28% from July to 1.87 million tonnes, data from industry regulator the Malaysian Palm Oil Board (MPOB) showed on Friday. Crude production rose 11.8% to 1.7 million tonnes, while palm oil exports fell 17.06% to 1.16 million, the regulator said. A Reuters survey pegged the stockpile to […]
Read MoreKUALA LUMPUR, Sept 10 — Malaysia’s Industrial Production Index (IPI) fell by 5.2 per cent year-on-year (y-o-y) in July 2021, its first decline since November 2020, said the Department of Statistics Malaysia (DOSM). In a statement today, chief statistician Datuk Seri Dr Mohd Uzir Mahidin said the manufacturing sector output decreased by 6.5 per cent […]
Read MoreKUALA LUMPUR (Sept 10): Malaysia’s wholesale and retail trade recorded a double-digit decline for two consecutive months with -14.7% to RM92.7 billion in July 2021, as Malaysia went into lockdown amid worsening Covid-19 cases, the Department of Statistics Malaysia (DOSM) said. Chief Statistician Datuk Seri Dr Mohd Uzir Mahidin said the motor vehicles sub-sector suffered […]
Read MoreKUALA LUMPUR: Malaysia Prime Minister Ismail Sabri Yaakob proposed that the Association of Southeast Asian Nations (ASEAN) and China could consider a cross-border travel bubble, adding that it would be “vital for recovery” from the COVID-19 pandemic. In a recorded video message during the 18th China-ASEAN Expo (CAEXPO) on Friday (Sep 10), he said both sides could […]
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