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By Nik Nurfaqih Nik Wil
JAKARTA, Nov 14 (Bernama) -- Indonesia hopes Sarawak-owned AirBorneo Airways will eventually increase its Jakarta-Kuching flights to a daily service and expand connectivity to other Indonesian destinations, as tourism exchanges between the two neighbouring countries continue to grow.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Nov 14 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to witness profit-taking next week amid elevated stock levels, said a trader.
By Abdul Hamid A Rahman
KUALA LUMPUR, Nov 14 (Bernama) -- The ringgit is expected to remain soft against the US dollar next week as the greenback remains well supported by expectations of further interest rate hikes by the US Federal Reserve (Fed).
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Nov 13 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended higher on Friday, supported by bullish price expectations shared by leading analysts at a palm oil conference in Indonesia this week, said a dealer.
By Abdul Hamid A Rahman
KUALA LUMPUR, Nov 13 (Bernama) -- The ringgit ended mostly higher against major currencies but eased against the US dollar on Friday as the greenback continued its upward momentum on a hawkish US interest rate outlook.
KUALA LUMPUR, Nov 13 (Bernama) -- Bank Negara Malaysia (BNM), Bank Indonesia (BI), the Bank of Thailand (BOT), and Bangko Sentral ng Pilipinas (BSP) today signed a memorandum of understanding (MoU) on cooperation under the Local Currency Transaction (LCT) Framework.
JAKARTA, Nov 13 (Bernama) -- Indonesia faces renewed pressure to maintain investor confidence and economic stability after vice-president Gibran Rakabuming Raka's resignation, with his successor's credibility expected to play a crucial role in shaping market sentiment, an economist said.
KUALA LUMPUR, Nov 13 (Bernama) -- The ringgit strengthened against most major currencies but weakened against the US dollar at Friday's opening, as investors remained cautious ahead of the US Federal Reserve's (Fed) December policy meeting.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Nov 12 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended higher on Thursday, supported by modest bargain-hunting and gains in related vegetable oil futures, a dealer said.
By Abdul Hamid A Rahman
KUALA LUMPUR, Nov 12 (Bernama) -- The ringgit ended higher against major and ASEAN currencies on Thursday but dipped against the US dollar as growing expectations of an aggressive US interest rate hike boosted demand for the greenback.
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Nov 12 (Bernama) -- The ringgit opened little changed against the US dollar on Thursday as investors assessed the latest US inflation data and its implications for the interest rate outlook.
By Abdul Hamid A Rahman
KUALA LUMPUR, Nov 11 (Bernama) -- The ringgit ended mostly higher on Wednesday against major and regional currencies but eased against the greenback amid renewed expectations of a hike in US interest rates.
