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Ringgit advances as domestic optimism offsets US rate concerns

Ringgit advances as domestic optimism offsets US rate concerns

Dr Mohd Afzanizam Abdul Rashid said Malaysia's third-quarter economic data indicated the economy was on track for stronger growth this year.
Mon Nov 18 2024
BNM: Existing mega projects will continue to support Malaysia's economic growth in 2025

BNM: Existing mega projects will continue to support Malaysia's economic growth in 2025

Datuk Seri Abdul Rasheed Ghaffour says the govt secured investments totalling RM330 bln in 2023 and RM160 bln in the first half of 2024.
Fri Nov 15 2024
BNM unveils key principles to harness Islamic finance for economic growth

BNM unveils key principles to harness Islamic finance for economic growth

The forum aims to enhancing branding appeal and reaching out to Islamic finance leaders in the Asia-Pacific region.
Tue Nov 05 2024
Ringgit rebounds, opens higher against weakening greenback

Ringgit rebounds, opens higher against weakening greenback

Dr Mohd Afzanizam Abdul Rashid said the ringgit is likely to trade sideways as markets prepare for a busy week.
Mon Nov 04 2024
Ringgit rebounds, opens slightly higher against US dollar

Ringgit rebounds, opens slightly higher against US dollar

Dr Mohd Afzanizam Abdul Rashid expects the ringgit to remain soft against the US dollar, driven by external events.
Tue Oct 29 2024
Ringgit opens slightly higher against US dollar

Ringgit opens slightly higher against US dollar

Dr Mohd Afzanizam Abdul Rashid said the US presidential election next week will be high on the agenda.
Mon Oct 28 2024
Ringgit rises against US dollar on Budget 2025 outlook

Ringgit rises against US dollar on Budget 2025 outlook

Dr Mohd Afzanizam Abdul Rashid said attention on Friday's budget announcement would drive market sentiment this week.
Mon Oct 14 2024
Ringgit opens higher against US dollar on firmer oil prices

Ringgit opens higher against US dollar on firmer oil prices

Dr Mohd Afzanizam Abdul Rashid expects the ringgit to remain soft as the tension in the Middle East has yet to subside.
Tue Oct 08 2024
Strong economic fundamentals driving ringgit's growth - BNM Governor

Strong economic fundamentals driving ringgit's growth - BNM Governor

Datuk Seri Abdul Rasheed said Malaysia's projected economic growth rate of 4.0-5.0 per cent for this year is also a positive factor.
Thu Oct 03 2024
US rate cut, Malaysia's structural reforms and economic outlook fuelling ringgit recovery - BNM

US rate cut, Malaysia's structural reforms and economic outlook fuelling ringgit recovery - BNM

Datuk Seri Abdul Rasheed said Malaysia's positive economic outlook and structural reforms are also propelling the ringgit's rise.
Fri Sep 20 2024
BNM unlikely to follow US Fed rate cut, eyes domestic and global conditions

BNM unlikely to follow US Fed rate cut, eyes domestic and global conditions

Dr. Mohd Afzanizam said Malaysia's open economy is highly sensitive to external factors like international trade and capital flows.
Thu Sep 19 2024
Malaysia reports new mpox case of less severe variant

Malaysia reports new mpox case of less severe variant

The case was detected in a man who began showing symptoms of fever, sore throat, and cough with a rash appearing the following day
Tue Sep 17 2024
Halal certification report to be presented to Cabinet this Wednesday - Mohd Na'im

Halal certification report to be presented to Cabinet this Wednesday - Mohd Na'im

Datuk Dr. Mohd Na'im stated that a draft proposal to make halal certification mandatory for all food premises has been prepared.
Mon Sep 16 2024
King, Queen to grace Maulidur Rasul celebration

King, Queen to grace Maulidur Rasul celebration

Themed 'Al-Falah Pemacu Malaysia MADANI', the event is being attended by some 6,000 guests.
Mon Sep 16 2024
Ringgit breaches 4.30 level against US dollar, hits 20-month high

Ringgit breaches 4.30 level against US dollar, hits 20-month high

The market appears to be expecting a Fed rate cut of between 25 and 50 basis points, says Dr Mohd Afzanizam Abdul Rashid.
Fri Sep 13 2024
What to watch for ahead of US presidential inauguration

What to watch for ahead of US presidential inauguration

Here's a timeline of events between now and inauguration day.
Sat Nov 23 2024
The battle to reduce road deaths

The battle to reduce road deaths

In Malaysia, over half a million road accidents have been recorded so far this year.
Sat Nov 23 2024
Pro-Palestinian NGOs seek court order to stop Dutch arms exports to Israel

Pro-Palestinian NGOs seek court order to stop Dutch arms exports to Israel

The Dutch state, as a signatory to the 1948 Genocide Convention, has a duty to take all reasonable measures at its disposal to prevent genocide.
Sat Nov 23 2024
How quickly can Trump's Musk-led efficiency panel slash US regulations?

How quickly can Trump's Musk-led efficiency panel slash US regulations?

Moves by Trump and his appointees to eliminate existing rules will be met with legal challenges, as many progressive groups and Democratic officials have made clear.
Sat Nov 23 2024
2TM: Consultations on PTPTN loans, admission to IPTA at MOHE booth

2TM: Consultations on PTPTN loans, admission to IPTA at MOHE booth

Consultations on PTPTN loans and admission to IPTA are among services provided at the Higher Education Ministry booth.
Sat Nov 23 2024
Kampung Tanjung Kala residents affected by flooded bridge every time it rains heavily

Kampung Tanjung Kala residents affected by flooded bridge every time it rains heavily

Almost 200 residents from 60 homes in Kampung Tanjung Kala have ended up stuck when their 200-metre (m) long concrete bridge flooded.
Sat Nov 23 2024
COP29 climate summit draft proposes rich countries pay $250 billion per year

COP29 climate summit draft proposes rich countries pay $250 billion per year

The draft finance deal criticised by both developed and developing nations.
Fri Nov 22 2024
Bomb squad sent to London's Gatwick Airport after terminal evacuation

Bomb squad sent to London's Gatwick Airport after terminal evacuation

This was following the discovery of a suspected prohibited item in luggage.
Fri Nov 22 2024
Kelantan urges caution amidst northeast monsoon rains

Kelantan urges caution amidst northeast monsoon rains

Kelantan has reminded the public in the state to refrain from outdoor activities with the arrival of the Northeast Monsoon season.
Fri Nov 22 2024
Former New Zealand PM Jacinda Ardern receives UN leadership award

Former New Zealand PM Jacinda Ardern receives UN leadership award

Former New Zealand prime minister Jacinda Ardern was given a global leadership award by the United Nations Foundation.
Fri Nov 22 2024