tags - Sinar Daily

Lawyer Hamidi Mohd Noh, representing Zahid (photo), asked High Court Judge Datuk Collin Lawrence Sequerah, who is now a Court of Appeal Judge, to adjourn today's proceedings pending a decision from Attorney-General (AG) Tan Sri Idrus Harun on the representation. - Bernama pic

Ahmad Zahid, 70, who is also Rural and Regional Development Minister, is facing 47 charges, namely 12 on criminal breach of trust, eight on corruption and 27 on money laundering involving tens of millions of ringgit belonging to Yayasan Akalbudi

The government remains committed to implementing policies that can bolster the nation’s economic growth and competitiveness to attract funds that will strengthen the international reserves and the ringgit.

The ringgit retreated from two consecutive days of gains to open lower against the US dollar on Thursday, amidst softening data points, said an economist.

Malaysian International Humanitarian Organisation (MHO) secretary-general Datuk Hishamuddin Hashim said that several investment companies had lured the public by offering investment schemes promising them lucrative dividend rates and returns.

picture for illustrative purposes - 123rf

A retired teacher suffered losses of over half a million ringgit after she entertained a telephone call said to be from an insurance company. - Photo: 123RF

Photo for illustrative purposes. - FILEPIC (Smaller image, Qaiser Auto Mall CEO Mohd Fauzi Che Roas)

The ringgit is likely to trade on a bullish bias next week, below the RM4.40 level within the 4.3925-4.4175 range against the US dollar, said an analyst.

Economists are projecting a better outlook for the ringgit in the second quarter (Q2) of 2023 amid the country's relatively resilient economic outlook.