Discussions about Petron's appointment started under previous govt — MoF
KUALA LUMPUR (Sept 2): Petron was only appointed as a fuel provider to government vehicles this year after two years of discussion following an application…
KUALA LUMPUR (Sept 2): Petron was only appointed as a fuel provider to government vehicles this year after two years of discussion following an application…
KUALA LUMPUR (Sept 2): Whether it is based on the modified cash accounting or the accruals accounting standard, RM16 billion worth of excess taxes paid…
The Dollar index peaked at 94.90 early in the N.Y. session on Thursday, up from overnight lows of 94.47. In-line jobless claims and earnings figures combined with slightly firmer consumption data to support the Greenback. Sticks and yields headed lower on ongoing NAFTA uncertainty. EUR-USD opened near 1.1695, later making its way to 1.1642 lows. […]
The Yen has posted moderate gains amid a backdrop of souring risk appetite in global markets and associated concerns about emerging markets. President Trump kept sentiment in markets on edge after threatening, during an interview with Bloomberg, to take the U.S. out of the WTO while saying that he was keen to implement the plan […]
OVERVIEW Trade tensions are turning sentiment in a defensive mode; World equity markets in the red. Markets remain optimistic but cautious on “enhanced” NAFTA 2. Gold adds nearly $4.50 to shine at $1,205 and WTI down on trade fears
Risk off conditions gripped markets after Trump threatened to take the U.S. out of the WTO while signalling that he’s ready to take the Sino-U.S. trade war to the next level, which for the main currencies translated to Yen outperformance and Aussie Dollar-led Dollar bloc underperformance. The Turkish Lira still managed to rebound by over […]
The Dollar rallied broadly in N.Y. on Friday, after it became clear that the U.S. and Canada would not be making a trade deal. Safe-haven flows buoyed the Greenback. The DXY rallied to near highs of the week, peaking at 95.22. EUR-USD fell to one week low of 1.1585, as USD-JPY rallied to 111.10, despite […]
KUALA LUMPUR (Aug 31): British American Tobacco (Malaysia) Bhd (BAT) said today it is also considering raising prices of its cigarettes to reduce the estimated…
All eyes are on Budget 2019, which is to be tabled in Parliament by Finance Minister Lim Guan Eng on Nov 2. The end of the…
PUTRAJAYA (Aug 31): The National Parade 2018, which was held in Dataran Putrajaya today, was a huge success and achievement, said Communications and Multimedia Minister…
KUALA LUMPUR (Aug 31): The implementation of the Sales and Services Tax (SST) beginning this Saturday is not expected to make a major difference in…
KUALA LUMPUR (Aug 31): The 61st National Day celebration was enlivened with the participation of Malaysians from all walks of life and diverse racial backgrounds, reflecting a spirit of…