M’sia not alone in seeing foreign fund outflows, Thailand worse, notes local bourse chairman

Highlighting call between Elon Musk, PM, minister says it can attract investment in automotive field

In Dec 2016, central bank stipulates companies must convert 75% of revenue into local currency

At 9am, local note rises to 4.6555/6600 versus USD compared to 4.6655/6675 at Friday’s close

US dollar’s movements, China’s weaker economic performance weighing on local note, he says

PM pointedly asks those harping on ringgit’s weakness whether currency was strong when they were in power

State agrees deal with regional airline’s parent firm Malaysia Aviation Group

Analyst highlights cheap valuations of FBM KLCI, buying support from local institutions

Local note expected to trade between 4.65, 4.67 against US dollar

This involves arrangements with several banks, it says today

Penalty for violating payment, settlement, anti-money laundering, fund sales regulations

PM says EV magnate had asked to consult on matter next week

Minister says foreign investors won’t decide purely based on the rate’s movement