Malaysian Ringgit (MYR) News Monitoring

End of ‘super profits'? Shares of top medical glove maker fall as Covid-induced demand eases

Shares of Malaysia's Top Glove, the world's largest medical glove maker, have fallen by more than 50% this year as the rollout of Covid-19 vaccinations worldwide dampened demand for gloves. "Like in every business, there're always highs …

How will Malaysia survive the Covid-19 economic crisis? The answer may be from lessons learned in the past

Malaysian flags are pictured in Putrajaya August 12, 2021. — Picture by Shafwan Zaidon KUALA LUMPUR, Sept 15 — Like most other countries, Malaysia has gone through and recovered from several financial crises, leaving a wealth of experience for its current …

Ringgit eases vs US dollar amidst wait-and-see mode

At 9am today, the local note slipped to 4.1565/1595 against the greenback from 4.1545/1560 at Tuesday’s close. — Bernama pic KUALA LUMPUR, Sept 8 — The ringgit eased versus the US dollar at Wednesday’s opening as traders await Bank Negara Malaysia’ …

Ringgit moderately higher amid firmer crude oil price

At 9.03am today, the local note inched up to 4.1445/1485 versus the greenback from 4.1465/1490 at yesterday’s close. — Reuters pic KUALA LUMPUR, Sept 7 — The ringgit opened moderately higher against the US dollar today in line with the crude oil …

Ringgit extends loss to end lower against US dollar as investors opt for safe haven assets

Malaysian ringgit and US dollars November 24, 2020. — Picture by Hari Anggara KUALA LUMPUR, Sept 17 — The ringgit extended Wednesday’s loss to close lower against the US dollar today, in line with the downtrend in other emerging currencies as more …

BNM: Malaysia’s official reserve assets at US$111.06 bln as at end-July 2021

KUALA LUMPUR: Malaysia’s official reserve assets amounted to US$111.06 billion (US$1=RM4.17) as at end-July 2021, in accordance with the International Monetary Fund’s Special Data Dissemination Standard (IMF SDDS) format. In a statement today, Bank Negara …

Malaysian ringgit falls to one-year low as PM resignation looms

A Game Of Two Halves

We’re seeing a bit of this in financial markets at the moment. The US stock market roared back to life yesterday as the tier-2 NY Empire State Manufacturing Index for September massively beat expectations, printing at 34.3. that was enough to flush out the …

Malaysia new PM Ismail Sabri Yaakob faces Covid, political uncertainty

Malaysia's new prime minister, Ismail Sabri Yaakob, has been sworn in — but analysts warn that political and economic uncertainties remain as the country faces its worst Covid-19 outbreak.   Ismail Sabri took over as prime minister after Muhyiddin …

Ringgit opens higher versus US dollar on improved sentiment

At 9am, the local note stood at 4.2300/2340 versus the greenback compared with last Friday’s close of 4.2380/2400. — Bernama pic KUALA LUMPUR, Aug 23 — The ringgit rose against the US dollar in early trade today as improved market sentiment …

Foreign affiliates contribute 17 pct to Malaysian economy in 2020

KUALA LUMPUR, Sept. 14 (Xinhua) -- A total of 2,979 foreign affiliates were operating in Malaysia with a value-added of 241 billion ringgit in 2020, contributing 17 percent to Malaysia's economy, official data showed Tuesday. The uncertain economic …

Debt Bondage Payouts Flow to Workers in Malaysia’s Glove Industry

AdvertisementFor years, debt bondage risks have been rampant in Malaysia’s glove industry, the world’s biggest, due to exorbitant recruitment costs for its migrant workforce. Now, the industry is weeding out that risk by repaying recruitment fees to its …

Newsdeck: Malaysia’s new prime minister brings graft-tainted party back to power

* Prime minister’s post returns to party tarnished by graft * Razor-thin majority engenders fears for stability of new govt * Fighting coronavirus, economic slump are key tasks for new PM * King expresses hope for immediate end to political crisis By …

Ringgit opens firmer after Pakatan, govt’s bipartisan MoU

Malaysian ringgit notes are seen among US dollar bills in this photo illustration taken in Singapore in this August 24, 2015 file photo. — Reuters pic KUALA LUMPUR, Sept 14 — The ringgit rebounded from Monday’s dip to open firmer today after the signing of …

Malaysian Ringgit to trade stronger against USD over longer term: analysts

KUALA LUMPUR, July 21 (Xinhua) -- Analysts on Wednesday foresaw that Malaysian Ringgit will appreciate 0.2 percent to 0.5 percent against the U.S. dollar over the longer term. AmBank Research said in a note that it continues to believe that the Ringgit …

Malaysia’s New Prime Minister Brings Old Guard Back to Power Amid COVID-19 Crisis

Malaysia’s king appointed the country’s third prime minister in just 18 months, marking the return to power of a pro-Malay party that ruled the country for decades as virus cases reach new highs. The monarch on Friday selected Ismail Sabri Yaakob, the …

Malaysian Ringgit weakens to 4.20 against USD, lowest since August 2020

KUALA LUMPUR, July 14 (Xinhua) -- Malaysian Ringgit weakened past 4.20 against the U.S. dollars on Wednesday for the first time since August 2020, as U.S. Federal Reserve (Fed) signals an earlier tapering, and rising domestic COVID-19 cases drag sentiment. …

Malaysia’s political turmoil drives away investors

A live telecast of caretaker Prime Minister Tan Sri Muhyiddin Yassin’s speech is played on TV screens at a Courts Mammoth store August 16, 2021. — Picture by Hari Anggara SINGAPORE, Aug 16 — Malaysia’s currency fell to a one-year low today and analysts …

Ringgit opens slightly lower ahead of Malaysia's Q2 GDP report

Malaysian ringgit notes are seen among US dollar bills in this photo illustration taken in Singapore in this August 24, 2015 file photo. — Reuters pic KUALA LUMPUR, Aug 13 — The ringgit opened slightly lower against the US dollar today as the greenback …

BIDDING OPEN: $50M Oceanfront Secret Beach Compound on Kauai Selling to Highest Bidder via Concierge Auctions

With a current high bid of $31 million, the highly sought-after Secret Beach property, one of the last of its kind, will auction to the highest bidder. NEW YORK, NEW YORK, UNITED STATES, September 20, 2021 /⁨EINPresswire.com⁩/ -- Concierge …

ARCIS GOLF ACQUIRES GENTLE CREEK COUNTRY CLUB WITH MAJOR INVESTMENTS PLANNED

TEXAS EXPANSION CONTINUES IN THRIVING DALLAS-FORT WORTH MARKET DALLAS, TEXAS, UNITED STATES, September 20, 2021 /⁨EINPresswire.com⁩/ -- Fresh on the heels of the August acquisition of six Mickelson Golf Properties in Arizona as well as the early …

William H. Sadlier, Inc. Announces Dividend

William H. Sadlier, Inc. (OTCPNK:SADL) NEW YORK, NEW YORK, UNITED STATES, September 20, 2021 /⁨EINPresswire.com⁩/ -- William H. Sadlier, Inc. (“Sadlier”) (OTCPNK:SADL), a leading publisher of educational materials, announced that its Board of …

CLARKSVILLE, TENNESSEE REALTOR® DOUG DUNCAN EARNS HIS MILITARY RELOCATION PROFESSIONAL (MRP) CERTIFICATION

CLARKSVILLE, TENNESSEE , USA, September 20, 2021 /⁨EINPresswire.com⁩/ -- Doug Duncan is a dedicated, hard-working, and passionate Real Estate Agent at Berkshire Hathaway HomeServices PenFed Realty in Clarksville, Tennessee. Doug is also a Magna …

Refinance a Reverse Mortgage in Florida: HECM to HECM Refinances Now Offered By Florida's Best Reverse Mortgage Company

TAMPA, FL, UNITED STATES, September 20, 2021 /⁨EINPresswire.com⁩/ -- Thinking about refinancing a reverse mortgage? Unprecedented equity gains over the last several years have put many current reverse mortgage holders in an advantageous position. …

Northpointe Bank Raises $23,000 to Fight Human Trafficking at Fueling Freedom Event

Northpointe Bank hosted a cocktail event featuring stories from The Exodus Road operatives who partnered with police to liberate girls stuck in sex trafficking. COLORADO SPRINGS, COLORADO, UNITED STATES, September 20, 2021 /⁨EINPresswire.com⁩/ -- …

October is National Cybersecurity Awareness Month: Are Businesses Prepared to Withstand a Cyberattack?

Cyber Protection is Business’s New Superpower. Here Are Integrity’s Top 5 Best Practices Every Business Needs to Implement Before the Next Cybersecurity Breach. BLOOMINGTON, ILLINOIS, USA, September 20, 2021 /⁨EINPresswire.com⁩/ -- Cybercrime …

Bitcoin Profit (APP) Final Review & Crypto Investors Experience

LONDON, UNITED KINGDOM, September 20, 2021 /⁨EINPresswire.com⁩/ -- Bitocin profit recently has been an very hot and popular discussed topic through online forums, news sites, social networks etc. Most common questions related to  this crypto …

Smart Cover Insurance Continues Expansion in the UK Market with another acquisition

WATFORD, HERTFORDSHIRE, UNITED KINGDOM, September 20, 2021 /⁨EINPresswire.com⁩/ -- Smart Cover has announced the acquisition of ProductGuard.co.uk continuing the expansion of the C&C Insurance Group which also recently disclosed the acquisition …

Compass Carbon, LLC announces its latest Improved Forest Management Project

VERO BEACH, FLORIDA, UNITED STATES, September 20, 2021 /⁨EINPresswire.com⁩/ -- Compass Carbon, LLC, in collaboration with Carbon Assets 1, LLC, has announced today its latest project located in Highsplint, Kentucky. The Highsplint Improved …

Industry Experts to Discuss Source of Funds and Foreign Currency Exchange Issues in Direct EB-5

NEW YORK, NEW YORK, USA, September 20, 2021 /⁨EINPresswire.com⁩/ -- EB5 Affiliate Network (EB5AN), a leading EB-5 investment fund manager, regional center operator, and consultancy firm will host a live webinar on Thursday, September 23, 2021, at 2 …

NAMMBA Announces New Partnership with BECU

Washington-based credit union works to foster a more racially and diverse mortgage professional community in the Pacific Northwest TUKWILA, WASHINGTON, USA, September 20, 2021 /⁨EINPresswire.com⁩/ -- The National Association of Minority Mortgage …

Alternative Risk Strategies Closes $10 Million D&O Captive Insurance Arrangement for Large Cannabis Client

BOCA RATON, FLORIDA, UNITED STATES, September 20, 2021 /⁨EINPresswire.com⁩/ -- Alternative Risk Strategies (“ARS”), a leading risk management consulting company offering strategies for addressing expensive and hard to place insurance risks, …

The Research Institute for Technology and Innovation (IPTI) To Host Annual Fundraiser on October 4th, 2021 in New York

In celebration of its 18th anniversary, IPTI is hosting their sixth annual fundraiser and auction on October 4th, 2021, 6:30pm at The Loeb Boathouse in NYC. NEW YORK, NY, USA, September 20, 2021 /⁨EINPresswire.com⁩/ -- The Research Institute for …

Asia-Pacific Travel Insurance Market | Key Players are American International Group, Allianz Group, Munich

OREGAON, PORTLAND, UNITED STATES, September 20, 2021 /⁨EINPresswire.com⁩/ -- Allied Market Research published a new report, titled, "Asia-Pacific Travel Insurance Market by Distribution Channel (Insurance Intermediaries, Insurance Companies, …

Armenia Banking Market Application, Trends & Growth Strategies 2027 By Ameriabank CJSC, ARARATBANK OJSC, ArmSwissBank

OREGAON, PORTLAND, UNITED STATES, September 20, 2021 /⁨EINPresswire.com⁩/ -- Allied Market Research published a new report, titled, "Armenia Banking Market by Sector (Retail Banking, Corporate Banking, and Investment Banking) and Type (Closed …

A MEAN LOAF OF BREAD…A FAMILY’S PATH TO SUCCESS

A Northwest Michigan family business has weathered a lot and is now smelling success! TRAVERSE CITY, MICHIGAN, UNITED STATES, September 20, 2021 /⁨EINPresswire.com⁩/ -- The 2008 recession hit Michigan like a Tsunami. Thousands were jobless. …

AccrueMe to Host ExitCon with Amazon Business Aggregators From Around The World

AccrueMe Expects to Welcome 2,500 Amazon Sellers & The Largest Amazon Business Operators, Investors, and Acquirers from Around The World To ExitCon On Sept 23rd NEW YORK, USA, September 20, 2021 /⁨EINPresswire.com⁩/ -- AccrueMe®, the leading …

WMBA Limited announces partnership to act as administrator for CTDI Indices on the MarketDesk platform

WMBA Limited partners with CTDI Indices to act as administrator on the MarketDesk platform LONDON, UNITED KINGDOM, September 20, 2021 /⁨EINPresswire.com⁩/ -- WMBA Limited, one of the first three globally approved index benchmark administrators …

BFSI BPO Services Market Growing at a CAGR of 9.7% From 2021 to 2028 | Accenture PLC, Cognizant, Concentrix Corporation

Banking and financial services outsourcing refers to the use of third party vendors to deliver services or perform tasks. PORTLAND, OREGON, UNITED STATES, September 20, 2021 /⁨EINPresswire.com⁩/ -- According to the report published by Allied …