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Ringgit opens lower on lack of buying interest | Money

KUALA LUMPUR, Feb 10 The ringgit opened lower against the US dollar today on lack of buying interest ahead of Malaysia's fourth-quarter gross domestic product (GDP) data which is due to be released tomorrow, said an analyst.  At 9am, the local currency stood at.

Stats Dept: Malaysia sees improving labour market, lower unemployment rate since December | Malaysia

KUALA LUMPUR, Feb 8 ― The labour market has been improving since last December with a lower unemployment rate of 4.2 per cent with 687,600 unemployed while employment continued to rise, according to the Department of Statistics Malaysia (DOSM) in a statement on the Statistics of Labour Force.

Report: Four KL water retention ponds to still prevent floods despite development approval; two other ponds had ownership cancelled | Malaysia

KUALA LUMPUR, Jan 16 Four water retention ponds in Kuala Lumpur intended to prevent floods will still continue to serve as flood retention ponds and will not be filled in, even though the area around these ponds had been approved for development, a report has said. Local daily Berita Harian.

BNM issues discussion paper on licensing framework for digital insurers, takaful operators | Money

KUALA LUMPUR, Jan 4 Bank Negara Malaysia (BNM) today issued the Discussion Paper on Licensing Framework for Digital Insurers and Takaful Operators. The paper outlines the proposed framework for licensing new digital insurers and takaful operators (DITOs) to encourage digital innovation in the.

Ringgit opens higher as inflation fears ease | Money

KUALA LUMPUR, Dec 23 The ringgit reversed losses to open higher today amid a weaker US dollar following improved sentiment as inflation fears eased. At 9.05am, the local note stood at 4.2060/2100 versus the greenback compared with 4.2110/2140 at Wednesday’s close. Bank Islam.

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