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1-10 results from 1000 for query «ringgit»

January 18, 2018 12:37 PM Malaysian palm oil output to rise 3% in 2018

KUALA LUMPUR: Palm oil production in Malaysia, the world’s No. 2 producer of the commodity, will rise by 3% in 2018, an industry body forecast today. The Malaysian Palm Oil Board (MPOB) expects production to climb to 20.5 million tonnes from 19.9 million tonnes in 2017, the group’s director-general, Datuk Ahmad Kushairi, said at an industry conference 8

January 15, 2018 3:48 PM Malaysia's improved economy due to good governance, policies – Salleh

KUALA LUMPUR: Malaysia's improved economy is due to the positive effects of good governance and policies by the government over these few years. Communications and Multimedia Minister Datuk Seri Dr. Salleh Said Keruak said the country's economy had been improving for some time and this did not happen overnight. His comments followed a claim by an opposition 7

January 11, 2018 7:24 AM Positive ringgit backed by robust economic growth, says minister

Datuk Seri Johari Abdul Ghani says the ringgit is also supported by Malaysia’s strong exports. — Picture by Yusof Mat IsaKUALA LUMPUR, Jan 11 — The ringgit’s current upward momentum against major currencies is backed by the country’s robust domestic economy and healthy trade performance, underpinned by the recovery in global oil prices. Second Finance 10

January 9, 2018 8:16 AM Malaysian automotive market to reach 601,000 units in 2018

KUALA LUMPUR: Frost & Sullivan forecasts Malaysia's vehicle sales to reach 601,000 units in 2018 at a growth rate of 2%, on the back of positive economic growth driving consumer confidence throughout the year. Frost & Sullivan Senior Vice President of Mobility Vivek Vaidya said the strengthening ringgit is likely to reduce the import costs of parts and complete 9

January 8, 2018 4:47 AM Ringgit opens at 19th month high

KUALA LUMPUR: The ringgit continued its upward momentum to open at a 19th month high of 3.9880/9930 against the US dollar today, on improved sentiment towards the local note. It was prompted by the strong trade surplus, as well as, expectations of a hike in the Overnight Policy Rate (OPR) by Bank Negara Malaysia this year. The local unit, which last touched 12

January 5, 2018 5:50 AM Six Malaysians held in Bangkok over call-centre scam

BANGKOK, Jan 5 — Thai police arrested six Malaysian men in separate raids on their hotel rooms here on suspicion of their being members of a ‘call-centre scam’ syndicate in the country. Deputy Tourist Police chief Maj Gen Surachet Hakpan, who led the police raids, said one of the suspects was nabbed at a hotel in the Huai Kwang area late last night and the other 5

January 5, 2018 1:44 AM Malaysian ringgit firms to over 16 month-high as oil prices rally

The ringgit advanced about 0.2 per cent to 3.998 to the dollar, breaking the psychologically significant 4 level. — Reuters picKUALA LUMPUR, Jan 5 — The Malaysian ringgit strengthened today to its highest level against the US dollar since August 2016, boosted by higher oil prices. The ringgit advanced about 0.2 per cent to 3.998 to the dollar, breaking 9

January 4, 2018 3:43 AM CIMB: Malaysia’s economy to grow further, driven by strong fundamentals

CIMB Group CEO Tengku Datuk Sri Zafrul Aziz speaks during CIMB’s 10th Annual Malaysia Corporate Day in Kuala Lumpur January 4, 2018. — Picture by Yusof Mat IsaKUALA LUMPUR, Jan 4 ― Malaysia’s economy is expected to grow further this year driven by strong economic fundamentals, said CIMB Group Holdings Bhd Group Chief Executive, Tengku Datuk Seri Zafrul 11

December 27, 2017 2:16 AM Ringgit slightly lower in early session

As at 9.15am, the local unit stood at 4.0840/0890 against the greenback from 4.0830/0860 at the close yesterday.— Reuters picKUALA LUMPUR, Dec 27 — The ringgit was slightly lower against the US dollar in the early session today, on weaker demand for the local note. As at 9.15am, the local unit stood at 4.0840/0890 against the greenback from 4.0830/0860 at the close 14

December 20, 2017 2:02 AM Ringgit opens at 4.0800/0850

A Malaysia Ringgit note is seen in this illustration photo June 1, 2017. — Reuters picKUALA LUMPUR, Dec 20 — The ringgit opened lower today after closing flat in the last two days on external factors, mainly from the US, which curbed demand for the local note. At 9am, the local unit stood at 4.0800/0850 from 4.0790/0830 at yesterday’s closing 9