KUALA LUMPUR: The ringgit opened marginally higher against the greenback on Friday, trading with a wider spread amid lingering uncertainty over global tariffs and weak US economic data, an economist said. At 8 am, the local currency inched up to 4.3115/3310 versus the greenback from Wednesday’s close of 4.3130/3185. The market was closed on Thursday for the Labour...
ALOR SETAR: The Sultan of Kedah, Al-Aminul Karim Sultan Sallehuddin Sultan Badlishah, has called for the state government to boost revenue to implement planned development initiatives and ensure the well-being of the people. He also emphasised the importance of minimising revenue leakage, stating that such losses weaken the state's financial position. "Continuous enforcement must be carried out,...
KAMPAR: Universiti Tunku Abdul Rahman Hospital here has been officially launched by Sultan of Perak, Sultan Nazrin Muizzuddin Shah. His Royal Highness was accompanied by Perak Mentri Besar Datuk Seri Saarani Mohamad, MCA president Datuk Seri Dr Wee Ka Siong, MCA vice-president Datuk Tan Teik Cheng and Berjaya Group Founder Tan Sri Vincent Tan Chee Yioun. The...
KUALA LUMPUR: His Majesty Sultan Ibrahim, King of Malaysia has lauded the country’s economic performance, urging for its benefits to be enjoyed by all the people and not just certain groups. His Majesty also congratulated Prime Minister Datuk Seri Anwar Ibrahim and the government on Malaysia's achievements. “I hope this will continue improving. "However, the government must ensure...
KUALA LUMPUR: The ringgit was almost flat against the US dollar in early trade on Friday, despite the higher US dollar index (DXY), said an analyst. At 8.13 am, the ringgit stood at 4.4350/4450 against the US dollar from Thursday’s close of 4.4350/4.395. Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said the DXY...
KUALA LUMPUR: The ringgit opened marginally higher against the US dollar today despite the US Dollar Index’s (DXY) strengthening, which should accelerate demand for the greenback. At 8 am, the local note traded slightly better at 4.4330/4465 against the greenback compared with Tuesday’s close of 4.4365/4400. Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid...
KUALA LUMPUR: The ringgit opened higher against the US dollar and ASEAN currencies, lifted by positive sentiments ahead of the announcement of Malaysia’s inflation rate for June this Wednesday. At 8 am, the ringgit rose to 4.6815/6910 against the greenback from last Friday’s close of 4.6840/6875. Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid...
KUALA LUMPUR: The ringgit rebounded to open slightly higher against the US dollar on positive sentiment ahead of the release of Malaysia’s advance second quarter of 2024 (2Q 2024) gross domestic product (GDP) estimates today. The Department of Statistics Malaysia (DoSM) is scheduled to release the 2Q 2024 GDP estimate data in the afternoon. At 8 am,...
KUALA LUMPUR: The ringgit retreated against the US dollar to open lower on Tuesday as the risk mood was dampened by cautious US Federal Reserve official's comments. At 9 am, the ringgit fell to 4.6910/6950 versus the greenback from Monday’s close of 4.6850/6875. Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said as expected,...
PETALING JAYA: Dewan Rakyat Speaker Tan Sri Johari Abdul has the full authority to take stern action against MPs who misbehave while in the august House, says His Majesty Sultan Ibrahim, King of Malaysia. "I have given the green light to the Speaker to take action against those who cross the line, which includes suspending MPs...
