KUALA LUMPUR, June 11 — The ringgit has a strong potential to appreciate to 4.42 against the US dollar by year-end.

KUALA LUMPUR, May 13 — Although Malaysia’s Industrial Production Index (IPI) slowed in March at 2.4 per cent compared to 3.1 per cent in February, it had surpassed expectations with manufacturing recovery remaining intact, said Kenanga Research.

KUALA LUMPUR, May 10 — Bank Negara Malaysia (BNM) is expected to maintain the overnight policy rate (OPR) at 3.0 per cent throughout 2024, said research firms.

KUALA LUMPUR, May 9 — Bank Negara Malaysia (BNM) is expected to uphold its current overnight policy rate (OPR) of 3.0 per cent for the next six to 12 months, despite upside risk to prices.

KUALA LUMPUR, April 10 — The demand for medical and surgical rubber gloves picked up last month despite the prevailing oversupply situation, which is expected to be in equilibrium by 2025.

KUALA LUMPUR, March 19 — Malaysia's trade performance in 2024 is expected to experience a strong rebound, propelled by the projected upturn in global trade and the promising outlook for the global semiconductor industry, according to analysts.

KUALA LUMPUR, March 16 — The ringgit is expected to trade between 4.69 and 4.70 next week as markets focus on the United States (US) Federal Open Market Committee (FOMC) meeting from March 19 to March 20.

KUALA LUMPUR, March 8 — Bank Negara Malaysia (BNM) is expected to maintain the overnight policy rate (OPR) at 3.0 per cent throughout 2024, on the back of stable domestic headline and core inflation figures, and solid gross domestic product (GDP) growth outlook of around 4.5-5.0 per cent, says Kenanga Investment Bank Bhd.

KUALA LUMPUR, Jan 20 — The ringgit is likely to continue trading at the 4.70 level against the US dollar next week, underpinned by an unfavourable risk environment marked by geopolitical uncertainty, the waning US Federal Reserve rate cut expectations, and China's lack of definitive stimulus measures.

KUALA LUMPUR, Dec 26 — Further improvements in the supply chain and a reduction in global demand may help to keep inflation within the 2.5-3.0 per cent range next year, says Kenanga Research.

KUALA LUMPUR, Dec 8 — The ringgit is expected to maintain its strength against the US dollar this month due to the greenback’s seasonal weakness and ahead of continuing disinflationary expectations in the US, according to Kenanga Research.

KUALA LUMPUR, Oct 10 — Research houses are of the view that the domestic financial system remains resilient against macroeconomic headwinds, supported by the Bank Negara Malaysia's (BNM) strong fundamentals.

KUALA LUMPUR, Sept 6 — The demand-supply situation in the rubber glove industry will only start to head towards equilibrium in 2025 when there is virtually no more new capacity coming onstream while the global demand for gloves continues to rise by 15 per cent per annum underpinned by rising hygiene awareness, said Kenanga Research.

KUALA LUMPUR, Aug 19 — The ongoing uncertainties over China's economic outlook will continue to influence the currency markets and drag the ringgit to trade in a tight range next week, said an economist.

KUALA LUMPUR, Aug 14 — The just-concluded six state elections did not change Malaysia’s balance of power, despite opposition gains.

KUALA LUMPUR, June 2 — IHH Healthcare Bhd has reaffirmed optimism on its overall prospects pending additional beds and initiatives aimed at enhancing segment margins, said Hong Leong Investment Bank (HLIB).

KUALA LUMPUR, May 10 — Kenanga Research has projected the ringgit to trade at 4.11 against the US dollar by year-end from its current level of above 4.40.

KUALA LUMPUR, May 3 — MIDF Research expects stronger demand from China to help support regional trade and production activities for Malaysia’s Manufacturing Purchasing Managers’ Index (PMI) going forward.

KUALA LUMPUR, March 23 — The total industry volume (TIV) for the auto and auto parts sector in March 2023 is expected to be stronger, being the last month for carmakers to deliver the sales and service tax (SST)-exempt orders.

KUALA LUMPUR, March 20 — The ringgit extended last week's gains to trade higher against the US dollar in the early session today, driven by investors' return to emerging currencies as the global banking crisis eased and ahead of the decision on US interest rates in the middle of the week, dealers said.