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Ringgit strengthens 14.4 pct vs USD in 3Q 2024; One of the best performing currencies globally

Ringgit strengthens 14.4 pct vs USD in 3Q 2024; One of the best performing currencies globally

The local currency's performance was primarily driven by the US Federal Reserves' 50 basis points policy rate cut.
Wed Oct 09 2024
ANALYSIS - Lack of job growth for Bangladesh’s youth fuels campus protests

ANALYSIS - Lack of job growth for Bangladesh’s youth fuels campus protests

Protesters are calling for reform of a quota system that reserves more than half of highly sought-after government jobs for certain groups.
Sat Jul 20 2024
BNM's international reserve rise to US$114.1 bln as at June 14, 2024

BNM's international reserve rise to US$114.1 bln as at June 14, 2024

Bank Negara Malaysia said the reserves position was sufficient to finance 5.5 months of imports of goods and service.
Mon Jun 24 2024
Malaysia's international reserves at end of Jan 2024 remain stable - BNM

Malaysia's international reserves at end of Jan 2024 remain stable - BNM

Malaysia's international reserves amounted to US$114.85 billion (US$1=RM4.76) at the end of January 2024, while other foreign currency assets stood at US$2.30 million, said Bank Negara Malaysia (BNM).
Thu Feb 29 2024
Appeals court reserves verdict in the Cradle Fund CEO murder case

Appeals court reserves verdict in the Cradle Fund CEO murder case

The Court of Appeal has reserved its decision on the prosecution's appeal against the acquittal of Samirah Muzaffar and two teenagers on the charge of murdering Nazrin Hassan.
Mon Oct 23 2023
[COLUMNIST] Seizing opportunities to support sliding Ringgit

[COLUMNIST] Seizing opportunities to support sliding Ringgit

Using foreign reserves to buy Ringgit is not prudent and not sustainable, particularly when Malaysias reserves have shrunk significantly over recent years.
Tue Jul 04 2023
Govt rules out pegging the ringgit - Ahmad Maslan

Govt rules out pegging the ringgit - Ahmad Maslan

Datuk Seri Ahmad Maslan said Malaysia would need high international reserves to maintain the pegging at the set value.
Tue Jun 20 2023
Indonesia's electric vehicle ambitions hinge on green mining drive

Indonesia's electric vehicle ambitions hinge on green mining drive

With the world's largest reserves of nickel, used extensively in making batteries, Indonesia aims to become an electric vehicle powerhouse.
Fri Mar 31 2023
Land clearing for ECRL does not involve de-gazettement of forest reserves - MRL

Land clearing for ECRL does not involve de-gazettement of forest reserves - MRL

MRL has obtained the permit so that its contractors could enter the forest reserve to carry out licensed activities related to the ECRL.
Mon Feb 06 2023
BNM reserves the right, authority to determine OPR without government intervention - PM

BNM reserves the right, authority to determine OPR without government intervention - PM

BNM reserved the right and authority in making decisions such as the OPR to ensure the stability of the country's economy without intervention from the government.
Wed Jan 04 2023
BNM's international reserves widen to US$110.3 bil as at Dec 15, 2022

BNM's international reserves widen to US$110.3 bil as at Dec 15, 2022

BNM said the reserves position is sufficient to finance 5.3 months of imports of goods and services.
Thu Dec 22 2022
Johor closes forest eco parks, hiking, 4WD tracks in forest reserves

Johor closes forest eco parks, hiking, 4WD tracks in forest reserves

According to the notice, the closure is a precautionary measure to prevent any untoward incident or accident during the monsoon season.
Sat Dec 17 2022
BNM's international reserves at US$109.7 bln as at Nov 30

BNM's international reserves at US$109.7 bln as at Nov 30

In a statement today, the central bank said the reserves position is 1.0 time the total short-term external debt.
Wed Dec 07 2022
Kelantan has sought army's help to protect forest reserves - MB

Kelantan has sought army's help to protect forest reserves - MB

Kelantan has on past occasions requested the ATM to deal with trespassing of forest reserves in the state, said Menteri Besar Datuk Ahmad Yakob.
Sun Nov 27 2022
BNM's international reserves at US$104.5 bln as at Oct 14

BNM's international reserves at US$104.5 bln as at Oct 14

The reserves position is 1.1 times of the total short-term external debt, the central bank said in a statement today.
Fri Oct 21 2022
Israel pounds Beirut and Gaza after rockets hit Israel's north

Israel pounds Beirut and Gaza after rockets hit Israel's north

A drone was launched at Prime Minister Benjamin Netanyahu's holiday home.
Sun Oct 20 2024
Elon Musk promises to award $1 mil each day to a signer of his petition

Elon Musk promises to award $1 mil each day to a signer of his petition

He awarded a $1 million check to an attendee of his event in Pennsylvania aimed at rallying supporters behind Donald Trump.
Sun Oct 20 2024
Former special forces commander Prabowo to take up Indonesian presidency

Former special forces commander Prabowo to take up Indonesian presidency

Indonesia's Prabowo Subianto will take over as president of the world's third-largest democracy after sweeping the country's election with policies like free meals for school children
Sun Oct 20 2024
Zayn Malik postpones US tour dates after One Direction bandmate Liam Payne's death

Zayn Malik postpones US tour dates after One Direction bandmate Liam Payne's death

Payne, 31, died on Wednesday after falling from a third-floor hotel room balcony in Buenos Aires, shocking fans of the boy band.
Sun Oct 20 2024
Why voters in a handful of swing states will decide the US presidential election

Why voters in a handful of swing states will decide the US presidential election

The contest will almost certainly be decided by just tens of thousands of voters a tiny fraction of the populace in a handful of states.
Sun Oct 20 2024
INSIGHT - Sudan's war risks 'lost generation' of children

INSIGHT - Sudan's war risks 'lost generation' of children

A devastating crisis is unfolding in Sudan, where the most vulnerable members of society children are bearing the brunt of the violence.
Sun Oct 20 2024
Who is Prabowo Subianto, incoming president of Indonesia?

Who is Prabowo Subianto, incoming president of Indonesia?

A wealthy ex-general with ties to Indonesia's popular outgoing president and its dictatorial past, looks set to be its next leader.
Sat Oct 19 2024
Trump says he would impose tariffs on China if China went into Taiwan

Trump says he would impose tariffs on China if China went into Taiwan

Republican presidential candidate Donald Trump said he would impose additional tariffs on China if China were to "go into Taiwan,"
Sat Oct 19 2024
Iran's supreme leader says Hamas leader's death will not halt 'Axis of Resistance'

Iran's supreme leader says Hamas leader's death will not halt 'Axis of Resistance'

The "Axis of Resistance", built up with years of Iranian support, includes Hamas, the Lebanese Hezbollah group, the Houthi movement in Yemen, and various Shi'ite groups in Iraq and Syria.
Sat Oct 19 2024
Putin says Russia willing to seek compromises between Iran and Israel

Putin says Russia willing to seek compromises between Iran and Israel

Russia is ready to help seek compromises between arch-foes Israel and Iran, President Vladimir Putin said on Friday, saying these would be difficult but possible.
Sat Oct 19 2024