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KUALA LUMPUR: The ringgit ended higher against the US dollar on the first trading day of the year in line with Asia's emerging currencies, as buying interest continued from last week on optimism over global growth recovery in 2021 amid vaccine rollout.
KUALA LUMPUR: The headline IHS Markit Malaysia Manufacturing Purchasing Managers’ Index (PMI) rose to 49.1 in December 2020 from 48.4 in November 2020, indicating an improvement in the health of the country’s manufacturing sector.
THE Department of Statistics Malaysia is expected to release Malaysia external trade indices for November today.
FOLLOWING the long weekend, this four-day week will not be as quiet as trade figures are due.
NEW YORK, Dec. 16 (Xinhua) -- The recent increase of crude oil futures prices to the highest level since early March was mostly driven by upbeat sentiment around COVID-19 vaccines but not market fundamentals, according to multiple research institutions and firms.
IT is a relatively quiet week ahead for Malaysia with no major economic data releases scheduled. The Statistics Department is expected to release October 2020 monthly rubber statistics today.