Economy

KUALA LUMPUR: The ringgit opened nearly unchanged against the US dollar on Monday, but the short-term outlook for the local currency remains positive with expectations of a potential interest rate cut by the United States gaining momentum,…

KUALA LUMPUR: New federal government debt for the years 2023 and this year has seen a decline compared to the periods of 2021 and 2022, said Datuk Seri Anwar Ibrahim. Reported by Berita Harian, the Prime Minister said that this decrease…

KUALA LUMPUR: The ringgit opened higher against the US dollar and ASEAN currencies, driven by positive sentiment ahead of the announcement on Malaysia's inflation rate for June on Wednesday. According to Bernama, at 8 a.m., the ringgit…

KUALA LUMPUR: The amount of Samurai bonds, or Malaysia's debt to Japan, has decreased to RM6.26 billion from RM7.2 billion (200 billion yen) at the end of March, due to the strengthening of the ringgit. According to Berita Harian, Prime…

KUALA LUMPUR: Malaysia's currency, the ringgit, is showing signs of recovery as it starts to bounce back driven by positive domestic performance and strong economic fundamentals, according to analysts. Berita Harian reported, TA…

KUALA LUMPUR: The integrated strategy implemented by the government through the Ministry of Finance and Bank Negara Malaysia is seen as an effort that strengthens the performance of the ringgit to the position of the second best currency in…

KUALA LUMPUR: Bursa Malaysia is expected to rise again next week, driven by continued support from foreign funds and improved market sentiment, according to analysts. According to Bernama, Apex Securities Bhd's Head of Research, Kenneth…

KUALA LUMPUR: Under the National Business Group Economic Fund (TEKUN), a total of 29,136 Indian community entrepreneurs have benefited from the Indian Community Entrepreneur Development Scheme (SPUMI) involving an allocation of RM458…

KUALA LUMPUR: Tropicana Corp Bhd (KL:TROP), a real estate developer, announced on Tuesday that six major clients have signed up for its SouthPlace Shoppes & Residences project. Anytime Fitness, Health Lane Family Pharmacy, MyNEWS…

KUALA LUMPUR: The value of the ringgit fell against the United States (US) dollar at the close of trading on Tuesday despite the developed country's weak economic data, as shown by the contraction of its production sector for three…