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Tag: Malaysia

Posted on March 1, 2024

Malaysia on brink of intervention as Ringgit nears threshold

(Bloomberg) — Malaysia’s central bank is “always ready” to curb the ringgit’s volatility, a senior finance official said, as investors eye a key threshold in the currency that may warrant a stronger …
Posted on March 1, 2024

As SST rises, PM Anwar says Malaysia tax base remains low at just 11.2pc of GDP

Prime Minister Datuk Seri Anwar Ibrahim today said Malaysia’s tax base continued to be low, being the equivalent of 11.2 of the country’s gross domestic product (GDP) compared to Singapore’s 12.6 per …
Posted on March 1, 2024

Malaysia, Cambodia float plans to link domestic payment systems

They are also aiming to eventually enable cross-border QR payments between the two countries. The central banks of Malaysia and Cambodia have signed a memorandum of understanding (MOU) to strengthen …
Posted on February 29, 2024

Mapletree Logistics Trust to spend S$234 million on Malaysia, Vietnam Grade A warehouse acquisitions

and two in Vietnam – for RM558.8 million (S$157.9 million) and 1.3 trillion Vietnamese dong (S$68.4 million) respectively, its manager announced on Thursday (Feb 29). The manager said the agreed …

( read original story …)



Posted on February 29, 2024

Malaysia ringgit poised for strong rebound to 4.5 versus US dollar by year-end, minister Amir says

Second Finance Minister Amir Hamzah Azizan’s forecast comes on the back of Malaysia’s stronger economic outlook and benign inflation.
Posted on February 29, 2024

UPDATE 2-Malaysia expects ringgit to rise this year, rules out currency peg

By Danial AzharKUALA LUMPUR, Feb 29 (Reuters) – Malaysia’s finance ministry on Thursday dismissed adjusting monetary policy or pegging the ringgit to support the weakened currency, saying it expects …
Posted on February 29, 2024

AirAsia contributes to strengthening of Malaysia-India relations with extensive connectivity between both countries

AirAsia continues to enhance seamless and affordable air travel between Malaysia and India with 14 and counting …
Posted on February 29, 2024

Malaysia expects ringgit to rise this year, rules out currency peg

Find out more about subscription packages here. MALAYSIA’S finance ministry on Thursday dismissed adjusting monetary policy or pegging the ringgit to support the weakened currency, saying it expects …
Posted on February 29, 2024

Malaysia expects ringgit value to appreciate this year

KUALA LUMPUR: Malaysia expects the value of the ringgit currency to appreciate this year, given the economy’s positive fundamentals and prospects, Second Finance Minister Amir Hamzah Azizan told …
Posted on February 29, 2024

Malaysia expects ringgit value to appreciate this year

KUALA LUMPUR: Malaysia expects the value of the ringgit currency to appreciate this year, given the economy’s positive fundamentals and prospects, Second Finance Minister Amir Hamzah Azizan told …

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