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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
King, Queen to grace Maulidur Rasul celebration at PICC on Monday

King, Queen to grace Maulidur Rasul celebration at PICC on Monday

The highlight of the celebration will be the presentation of the National Maulidur Rasul Awards by Sultan Ibrahim.
Fri Sep 13 2024
Ringgit opens higher against weakening US dollar

Ringgit opens higher against weakening US dollar

Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said the US Dollar Index (DXY) slipped 0.31 per cent to 101.366.
Fri Sep 13 2024
BNM to maintain OPR at 3.00 pct through year-end and 2025 - Economists

BNM to maintain OPR at 3.00 pct through year-end and 2025 - Economists

Dr Mohd Afzanizam Abdul Rashid said the OPR is deemed to be supportive of Malaysia's economic growth and positive for the ringgit.
Thu Sep 05 2024
Ringgit opens slightly higher against US dollar

Ringgit opens slightly higher against US dollar

Dr Mohd Afzanizam Abdul Rashid said the US equities market fell quite significantly.
Wed Sep 04 2024
Ringgit easier against US dollar but higher versus other major currencies in early trade

Ringgit easier against US dollar but higher versus other major currencies in early trade

Dr Mohd Afzanizam Abdul Rashid said the ringgit should stay positive today as the Fed is on track to reduce its interest rates this month.
Mon Sep 02 2024
Nasi lemak - A multi-ethnic palate pleaser and money earner for micro-entrepreneurs

Nasi lemak - A multi-ethnic palate pleaser and money earner for micro-entrepreneurs

Dr Mohd Afzanizam Abdul Rashid describes nasi lemak as having wide-ranging economic spinoffs.
Sat Aug 31 2024
Astro AWANI's revamped English news website, AWANI International, launches on Oct 21

Astro AWANI's revamped English news website, AWANI International, launches on Oct 21

Astro AWANI's revamped English platform delivers in-depth global news and expert analysis to keep you informed on key developments.
Sat Oct 19 2024
Israeli strikes kill 33 people in Jabalia refugee camp in Gaza, medics say

Israeli strikes kill 33 people in Jabalia refugee camp in Gaza, medics say

Residents of Jabalia said Israeli tanks had reached the heart of the camp after pushing through suburbs and residential districts.
Sat Oct 19 2024
Liam Payne's ex-partner calls for media restraint after 'painful' death

Liam Payne's ex-partner calls for media restraint after 'painful' death

Cheryl Tweedy used her statement to urge the media to remember they had a seven-year-old son, Bear, who could read the reports.
Sat Oct 19 2024
Analysts: Indonesia's strong MoF leadership team to boost investor confidence

Analysts: Indonesia's strong MoF leadership team to boost investor confidence

Sri Mulyani Indrawati as head of Indonesia's Ministry of Finance is expected to instil confidence among investors.
Sat Oct 19 2024
Biden offers both a carrot and a stick to Israel as his term nears an end

Biden offers both a carrot and a stick to Israel as his term nears an end

Israel has frequently resisted US advice and has caused political difficulties for the Biden administration.
Sat Oct 19 2024
Putin says BRICS will generate most of global economic growth

Putin says BRICS will generate most of global economic growth

Russian President Vladimir Putin will host a summit of the group in the city of Kazan on Oct. 22-24.
Sat Oct 19 2024
ISIS Malaysia's perspective of Budget 2025

ISIS Malaysia's perspective of Budget 2025

An excellent rakyat-centric budget under the overarching principle of a caring and humane economy.
Fri Oct 18 2024
Budget 2025: Record increase in STR, SARA aid initiatives

Budget 2025: Record increase in STR, SARA aid initiatives

The government will provide a significant boost to the Sumbangan Tunai Rahmah (STR) and Sumbangan Asas Rahmah (SARA) initiatives next year.
Fri Oct 18 2024
Budget 2025: EPF contributions to be made mandatory for foreign workers – PM Anwar

Budget 2025: EPF contributions to be made mandatory for foreign workers – PM Anwar

The government plans to make it compulsory for all non-citizen workers to contribute to the Employees Provident Fund (EPF).
Fri Oct 18 2024
What policies to expect from Indonesia's new President Prabowo

What policies to expect from Indonesia's new President Prabowo

Prabowo will be open to foreign investment, his aide has said, such as by offering investors management of airports and sea ports.
Fri Oct 18 2024