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1-10 results from 1000 for query «ringgit»

August 17, 2018 2:47 AM Ringgit opens flat against US dollar

KUALA LUMPUR: The ringgit was traded unchanged against the greenback from yesterday's close as investors awaited the announcement of the country's second-quarter economic growth report by the central bank. At 9am, the local note was traded at 4.1030/1070 against the US dollar. A dealer said traders were also holding back as Washington will be resuming 4

August 16, 2018 6:48 AM Ringgit decline in line with fall in global currencies: Mahathir

KUALA LUMPUR: The decline in the value of the ringgit against the US dollar is in line with the fall in other global currencies, caused by the global economic uncertainties, said Prime Minister Tun Dr Mahathir Mohamad (pix). He said among these uncertainties was the trade war between the United States (US) and China. "The currencies of many countries 4

August 14, 2018 7:56 AM Mahathir’s water-war with Singapore

More than 30 years ago, back in the mid-1980s, a Malaysian friend who lives in Singapore told me that if Malaysia ever cuts off the water supply to Singapore, Singaporeans will not go thirsty (like in 1941 when the Japanese did that). Singapore has enough water although they may have to ban garden hoses and the washing of cars. The reason this Malaysian-Singaporean 5

August 13, 2018 2:46 PM Malaysia-China relations have hit rock bottom, and Mahathir knows it

Dr Mahathir Mohamad has issued a stern warning to China against further militarising the South China Sea (see news item below). Speaking to The Associated Press days ahead of his visit to Beijing, the Prime Minister announced that he would seek to cancel multibillion-dollar infrastructure projects that his predecessor, Dato’ Seri Najib Tun Razak, signed 7

August 13, 2018 1:28 PM Maybank IB named best investment bank for fourth time

KUALA LUMPUR: Maybank Investment Bank Bhd (Maybank IB) was named the best Malaysian investment bank for the fourth time in a row in the Euromoney Awards for Excellence 2018. According to Euromoney, the accolade has been conferred on Maybank for its strong performance during the period under review. “Maybank IB had gone from strength to strength as a regional 6

August 10, 2018 3:54 PM What really happened to the RM18 billion GST money

Lim Guan Eng says the Barisan Nasional government stole RM18 billion of the RM19 billion GST money. Najib Tun Razak says the RM18 billion has not been stolen and is still there. Businessmen are saying they have not yet been refunded their GST claims and Guan Eng says the government cannot pay the GST refunds because the money has disappeared. The truth 9

August 3, 2018 3:32 AM Unisem’s shares drop 3.09% on lower Q2 earnings

PETALING JAYA: Unisem (M) Bhd's share price continued to fall by 8 sen or 3.09% this morning, after reporting a lower net profit for the second quarter (Q2) ended June 30, 2018. As at 11.10am, the stock stood at RM2.51 with 962,200 shares changing hands. In Q2, Unisem's net profit fell 26% to RM31.14 million compared with the RM42.09 million achieved 4

July 26, 2018 3:48 AM Ringgit strengthens against US dollar at opening

KUALA LUMPUR: The ringgit carried on yesterday's positive momentum to open higher against the US dollar, as market players opined that the biggest currency beneficiaries post-European Union-US trade announcement have been the commodity-linked and carry-trade riskier currencies. OANDA Head of Trading in Asia-Pacific, Stephen Innes said with the oil prices 12

July 24, 2018 11:35 AM Authorities raid MonSpace premises

KUALA LUMPUR: Enforcement officers of the Domestic Trade, Co-operatives and Consumerism Ministry (KPDNKK) raided 16 premises linked to e-commerce company MonSpace Sdn Bhd and its subsidiaries today for allegedly running illegal investment or "money games" schemes. Sources said in a massive operation jointly with Bank Negara Malaysia, the Companies Commission 5

July 22, 2018 7:36 AM Economic Affairs Ministry to provide check and balance for Finance Ministry: Analyst

PETALING JAYA: The Institute for Public Leadership today said portfolio rationalisation between the Economic Affairs and Finance Ministries is to provide a check and balance and avoid cases of financial mismanagement as in the past. Its president, Datuk Mohd Radzi Abd Latif said being an accountant, Finance Minister, Lim Guan Eng understood the fundamental 6