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  • Page 11

ECONOMY

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  • ECONOMY

Ringgit Opens Higher Against US Dollar Amid Improved Market Sentiment

El Sky Media5 months ago5 months ago02 mins

Kuala Lumpur, May 29, 2026 — The Malaysian ringgit strengthened against the US dollar at the opening of trading today,…

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  • ECONOMY

Malaysia Ramps Up Domestic Gas Usage as Power Demand Surges to Record Levels

El Sky Media5 months ago5 months ago03 mins

Kuala Lumpur – Malaysia is significantly increasing its domestic natural gas consumption for electricity generation as the country grapples with…

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  • ECONOMY

Gold Holds Losses as US-Iran Impasse Fuels Inflation and Interest Rate Concerns

El Sky Media5 months ago5 months ago08 mins

KUALA LUMPUR, May 2026 — Gold prices held losses as renewed tension between the United States and Iran weakened hopes…

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  • ECONOMY

Failed US-Iran Talks Could Trigger Sharp Oil Price Surge, Economist Warns

El Sky Media5 months ago5 months ago05 mins

KUALA LUMPUR, May 2026 — Global crude oil prices could rise sharply if negotiations between the United States and Iran…

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  • ECONOMY

Malaysia Job Losses Rise 21% in April as PM Anwar Pledges Swift Action for Affected Workers

El Sky Media5 months ago5 months ago08 mins

KUALA LUMPUR, May, 2026 — Prime Minister Datuk Seri Anwar Ibrahim has pledged swift government action after Malaysia recorded a…

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  • ECONOMY

Penang and Johor Dominate Malaysia’s Exports in April 2026

El Sky Media5 months ago5 months ago03 mins

Kuala Lumpur, 26 May 2026 — Pulau Pinang and Johor continue to lead Malaysia’s export performance, reinforcing their positions as…

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  • ECONOMY

Gold Prices Slip as US-Iran Tensions Drive Oil Higher and Fuel Inflation Concerns

El Sky Media5 months ago5 months ago03 mins

Kuala Lumpur, May 26, 2026 — Gold prices fell on Tuesday after renewed geopolitical tensions between the United States and…

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  • ECONOMY

Anwar Pledges Targeted BUDI MADANI Support For Smallholders, Entrepreneurs And Vulnerable Groups

El Sky Media5 months ago5 months ago07 mins

KUALA LUMPUR,MAY,2026 – Prime Minister Datuk Seri Anwar Ibrahim has pledged that the government will continue targeted support under the…

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  • ECONOMY

Malaysia Braces for Prolonged Energy Crisis Impact on Economy Amid High Oil Prices and Geopolitical Tensions

El Sky Media5 months ago5 months ago04 mins

Kuala Lumpur, May 26, 2026 – Malaysia’s economy continues to face significant headwinds from the ongoing global energy crisis, with…

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  • ECONOMY

Ringgit Expected to Trade in Tight Range Next Week, Focus on US PCE Inflation Data

El Sky Media5 months ago5 months ago02 mins

KUALA LUMPUR, May 25, 2026 – The Malaysian Ringgit is projected to remain stable and trade within a narrow range…

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