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Economy

Bursa Malaysia is expected to surpass 1,600 points next week

KUALA LUMPUR: Bursa Malaysia is expected to trade higher next week as traders react to the United States (US) headline inflation data released on Friday, an analyst said. According to Bernama, UOB Kay Hian Wealth Advisors Head of…

GDP recorded strong growth of 4.2% in the first quarter

KUALA LUMPUR: Gross Domestic Product (GDP) recorded strong growth of 4.2 percent in the first quarter of 2024, supported by stable domestic demand and better export performance despite a challenging external environment. Berita Harian…

The ringgit opened stronger against the US dollar

KUALA LUMPUR: The ringgit strengthened against the United States (US) dollar in the early trading session on Wednesday, driven by expectations that Bank Negara Malaysia (BNM) will maintain the overnight policy rate (OPR) at 3.00 percent due…

Anwar explained why he chose GIP, BlackRock

KUALA LUMPUR: The sale of the shareholding in Malaysia Airport Holdings Berhad (MAHB) to BlackRock was made after going through strict conditions, with screening conducted among a total of 145 interested companies. Berita Harian reported…

The ringgit closed lower against the US dollar

KUALA LUMPUR: The ringgit closed slightly lower against the United States (US) dollar today after trading in a small range throughout the day, said an analyst. Bernama reported, at 6pm yesterday, the ringgit traded at 4.7110/7150 against…

The performance of the ringgit this year has improved

SHAH ALAM: Coordinated actions by the government and Bank Negara Malaysia (BNM) to encourage more consistent inflows in the domestic financial market have had a positive impact on the ringgit's performance this year. According to Sinar…