Economy

KUALA LUMPUR: Prime Minister Datuk Seri Anwar Ibrahim is expected to present the achievements resulting from the Madani Economy Framework this Sunday. According to the Unity Government spokesperson, Fahmi Fadzil, the announcement will be…

KUALA LUMPUR: Economists are confident that Malaysia's Gross Domestic Product (GDP) for the second quarter of 2024 will grow at 5.8 percent, compared to 4.2 percent in the first quarter of this year. According to Bernama, they believe…

KUALA LUMPUR: The ringgit ended Wednesday's trading at around 4.41 against the United States dollar (USD), marking the best closing price in 16 months, as the U.S. Federal Reserve (Fed) is seen on track to reduce interest rates in…

KUALA LUMPUR: Prime Minister Datuk Seri Anwar Ibrahim's visit to India is expected to strengthen the long-standing cooperation between the two countries, focusing on economic relations and cooperative initiatives, said Deputy Minister of…

KUALA LUMPUR: Bursa Malaysia opened higher today, taking cues from the upward trend of Wall Street's performance overnight, said analysts. According to Bernama, at 9:07 AM, the FTSE Bursa Malaysia KLCI (FBM KLCI) increased by 0.47 points…

KUALA LUMPUR: The ringgit continued to strengthen against the US dollar this morning following expectations of a decline in interest rates in the US amid improving local data, according to analysts. According to Bernama, at 8 AM, the…

KUALA LUMPUR: The ringgit continued to strengthen against the US dollar in early trading on Friday, despite the advance of the major currency following the announcement of lower-than-expected unemployment claims data, according to analysts.…

KUALA LUMPUR: The ringgit continues to receive strong support, maintaining its upward momentum for 11 consecutive days against the US dollar as investors shift their investments to the Asia-Pacific region following weak employment data from…

KUALA LUMPUR: The ringgit continued its upward trend and closed at its highest level in nearly 11 months at RM4.58 against the US dollar today. According to Bernama, analysts stated that this performance was driven by the Bank of Japan’s…

KUALA LUMPUR: The ringgit closed higher against the US dollar today, surpassing the RM4.61 level, the highest in seven months. According to Bernama, economists expect the local currency to rise further as investors await the outcome of…