News
Ringgit rises against major currencies, slightly weaker vs US dollar
3+ hour, 7+ min ago (257+ words) KUALA LUMPUR, March 6 " The ringgit ended the week higher against most major currencies but edged slightly lower versus the US dollar as the greenback regained its strength on rising safe-haven demand amid the escalating Middle East conflict. At 6pm, the ringgit…...
Cautious start for ringgit against US dollar amid elevated oil prices
11+ hour, 24+ min ago (337+ words) KUALA LUMPUR, March 6 " The ringgit was nearly flat against the US dollar at Friday's open as foreign exchange sentiment stayed cautious amid no signs of the Middle East crisis easing over the past week. At 8 am, the local currency traded…...
Bank Negara governor: Malaysia’s economy strengthened by Asean integration, boosting regional resilience
14+ hour, 20+ min ago (391+ words) KUALA LUMPUR, March 6 " Asean integration has strengthened Malaysia's economic resilience, deepened supply chain connectivity and enhanced the region's investments, said Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour." He said Asean's integration helped reinforce Malaysia's role in regional…...
Miti: Malaysia’s three-year investment approvals exceed RM1t
18+ hour, 28+ min ago (257+ words) KUALA LUMPUR, March 6 " Malaysia's total approved investments over the past three years have surpassed the RM1 trillion mark, said Deputy Investment, Trade and Industry Minister Sim Tze Tzin. He said the milestone follows three consecutive years of record investment approvals, highlighting…...
Johor leads Malaysia with record RM110b in approved investments, outpacing Selangor and Kuala Lumpur
21+ hour, 3+ min ago (472+ words) JOHOR BAHRU, March 6 " Johor has recorded the highest investment volume in Malaysia's history, with an approved investment value of RM110 billion last year, surpassing other states in the country. Johor Investment, Trade, Consumer Affairs and Human Resources Committee chairman Lee Ting…...
Malaysia posts record RM426.7b approved investments in 2025, Anwar hails global confidence in reform agenda
1+ day, 1+ hour ago (210+ words) KUALA LUMPUR, March 6 " Prime Minister Datuk Seri Anwar Ibrahim today announced that Malaysia recorded its highest ever approved investment figures in 2025, underscoring strong confidence in the country's economic direction. He said total approved investments reached RM426.7 billion last year, an increase…...
Bursa Malaysia ends higher as bargain hunting lifts KLCI above 1,700
1+ day, 4+ hour ago (695+ words) KUALA LUMPUR, March 5 " Bursa Malaysia ended higher today in line with regional equities as bargain hunting emerged after the benchmark index briefly slipped below the psychological 1,700 level in recent trading sessions. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI)…...
BNM keeps OPR at 2.75pc as supportive stance holds amid volatile global conditions, say economists
1+ day, 16+ hour ago (425+ words) KUALA LUMPUR, March 5 " Bank Negara Malaysia's decision to keep the Overnight Policy Rate (OPR) steady at 2.75 per cent reflects a policy stance that remains supportive in the face of an increasingly uncertain external environment. MARC Ratings Bhd chief economist Dr…...
China sets lowest growth target in decades at 4.5-5pc for 2026
2+ day, 14+ min ago (160+ words) BEIJING, March 5 " China set the country's lowest annual growth target in decades on Thursday at its yearly Two Sessions parliamentary gathering, where the government will unveil its plans to tackle sluggish consumption and a flagging property market. For 2026, China expects…...
Ringgit firms slightly against US dollar as markets await OPR call
2+ day, 2+ hour ago (361+ words) KUALA LUMPUR, March 5 " The ringgit opened marginally higher against the US dollar on Thursday as traders shifted focus to the overnight policy rate (OPR) announcement later in the day, despite the ongoing conflict in the Middle East. At 8am, the local…...