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Oil spike bodes well for Malaysian economy
PETALING JAYA: The continued spike in crude oil prices has strengthened the ringgit further against the US dollar.
Ringgit opens higher amid surging oil prices
KUALA LUMPUR: The ringgit opened firmer against the US dollar on Monday amid surging oil prices.
Leveraging key strengths to thrive in global market
KUALA LUMPUR: While the world is still reeling from the effects of the Covid-19 pandemic, it is imperative that Malaysian businesses actively seek opportunities for growth in the global market, especially in areas with exponential potential – such as the halal industry – that the country already has an advantage in.
Dressed for success
Let’s put on our Sunday best and welcome the new year with emphatic enthusiasm.
Ringgit expected to trade higher versus greenback next week
KUALA LUMPUR, Feb 13 (Bernama): The ringgit is expected to trade higher against the US dollar next week, amid the continued weakness of the greenback on the back of various developments in the market which is affecting the currency.
Bank Negara to unveil 2021 GDP outlook in March
KUALA LUMPUR: The 2021 economic outlook will be published in Bank Negara Malaysia's (BNM) annual Economic & Monetary Review report to be released next month, said governor Datuk Nor Shamsiah Mohd Yunus.
KLCI ends a shade below key 1,600
KUALA LUMPUR: Gains by Tenaga Nasional enabled the FBM KLCI to close a shade below the key 1,600 level in a trade-shortened day on Thursday, ahead of the Lunar New Year.
Prada supplier’s woes flag risks in Indonesian apparel industry
JAKARTA: An Indonesian clothing firm that has plunged into distress in the credit markets is fuelling broader concerns about the nation’s apparel sector, which has been particularly vulnerable to faltering global demand during the pandemic.
Ringgit extends gains on rising oil prices, yuan
KUALA LUMPUR: The ringgit strengthened against the US dollar in early session on Wednesday on continued buying interest, supported by higher oil prices, said an analyst.
