Ringgit closes lower against US dollar
The ringgit closed lower today against the US dollar as the greenback strengthened across emerging markets in Asia, said a dealer. At 6pm, the ringgit was quoted at 3.9540/9580 against…
Bursa Malaysia closes lower on last-minute selling
Bursa Malaysia failed to sustain the buying momentum seen most of the day and closed lower on last-minute selling. At the close, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI)…
Ringgit to perform better with restored confidence: Zeti
Tan Sri Zeti Akhtar Aziz today said the ringgit will perform better when investors’ confidence is restored both in the economy and country. The former central bank governor said the…
Government forms Committee on Institutional Reforms
Pakatan Harapan’s The Council of Eminent Persons earlier today announced the formation of the Committee on Institutional Reforms aimed to assist the newly-formed Pakatan Harapan government on economic and financial…
RAM ratings expect Malaysia’s sovereign rating to remain intact
RAM Rating Services Bhd, expects Malaysia’s gA2 sovereign rating to remain intact, following Pakatan Harapan’s (PH) victory in the recent 14th General Election. The rating agency said some economic and…
Malaysia can meet revenue requirement without GST – Zeti
Malaysia can meet its revenue requirements even after shelving the Goods and Services Tax (GST) by prioritising its projects, increasing the efficiency of the public sector, avoiding wastage and exploring…
No turning back on GST abolishment, says Zeti
Tan Sri Zeti Akhtar Aziz said there will be no turning back on the proposed abolishment of the Goods and Services Tax (GST) which came into effect on April 1,…