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The Bursa Malaysia recently hit a 22 month low with crude palm oil futures dropping to a 16 month low. The Ringgit suffered the lowest it has ever been to the USD in the whole year as other commodities took a tumble amidst falling oil prices.
The looming September 16 deadline of Anwar Ibrahim’s intended [...]

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Plantation stocks on the local bourse took a nosedive recently as crude palm oil fell below RM2,400 per tonne amidst falling crude oil prices.

Heading the top losers’ list was Kuala Lumpur Kepong Bhd, which fell 60 sen to RM10.50. Kulim (M) Bhd lost 25 sen to RM7.05 and Kulim-WB dropped 19 sen to RM4.96.
Heavyweight IOI [...]

The 2009 Malaysia Budget was announced recently. The budget seems to be focussed towards the lower income group and most average urban working Malaysians may think that there’s nothing in store for them. While the budget does not seem to hold that many goodies in store for the city-dwelling worker, here’s another great budget tip [...]

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The decision of Bank Negara to maintain the Overnight Policy Rate at 3.5% resulted in the Ringgit Malaysia reacting in the worst possible manner.
The Ringgit today plunged to a 9-month low against the Singapore Dollar and 10-month low against the US greenback. Already hurt by the knock-on effect from the Dow Jones and the political [...]