Economy

RINGGIT started higher today against the weak US dollar after analysts said the US Dollar Index (DXY) corrected itself. Compared to 4.4765/4820 at Monday's closing, the local currency climbed to 4.4650/4825 of the US dollar at 8 a.m.…

Analysts predict that Gabungan Parti Sarawak (GPS) will maintain its relationship with the unity government, despite the ongoing dispute over Sarawak's oil and gas rights. GPS assemblyman Hamzah Brahim said that the unity government…

Thailand hopes to legalize casinos in order to attract foreign investment and increase tax revenue. This might be advantageous for international operators who have been advocating for the legislation for a long time in order to capitalize…

After receiving clearance from the appropriate regulatory bodies, a group led by Khazanah Nasional Bhd and the Employees Provident Fund (EPF) has formally offered to acquire Malaysia Airports Holdings Bhd (MAHB) for RM11 per share,…

The United States (US) Treasury Department removed Malaysia from its list of significant trading partners that need to be closely watched for currency and macroeconomic policy. Malaysia satisfies one requirement in both the June report…

Johor Bahru - Additionally, we encourage consumers to choose restaurants and food establishments that maintain reasonable prices for dining and purchasing food with caution. Md. Salleh Sadija, the Chairman of the Johor Consumer…

The Employees' Provident Fund (EPF) made RM57.57bil from investments from January to September of this year, which is 20% more than the same time last year, according to Executive Chairman Ahmad Zulqarnain Onn. Last year, EPF's financial…

After signing $10 billion worth of new deals at a business gathering in Beijing on Sunday, Indonesia's new leader said that the country should work together with China instead of fighting it. He said this before leaving for the U.S.…

India's export of fuels such as diesel to the European Union increased by 58% in the first three quarters of 2024, with the majority of these exports presumably originating from the refining of discounted Russian oil, according to a monthly…

Given the interest rate differential appears to benefit the ringgit, it is projected to trade better against the US dollar. Chief economist Mohd Afzanizam Abdul Rashid of Bank Muamalat Malaysia Bhd stated that given worries about Donald…