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AirAsia Group Posts RM527 Mln Net Loss In 2Q

KUALA LUMPUR, Aug 13 (Bernama) -- AirAsia Group Bhd, formerly known as AirAsia X Bhd, posted a net loss of RM527.16 million for the second quarter ended June 30, 2026 (2Q FY2026), mainly due to higher fuel expenses and foreign exchange losses.

Ringgit Closes Almost Unchanged Vs US Dollar Ahead Of 2Q 2026 GDP Announcement Tomorrow

KUALA LUMPUR, Aug 13 (Bernama) -- The ringgit closed almost unchanged against the US dollar ahead of Malaysia’s gross domestic product (GDP) announcement for the second quarter tomorrow, as investors adopted a wait-and-see approach after US inflation data came in within expectations, supporting the greenback.

Ringgit Opens Higher Against Major Currencies, Eases Vs US Dollar

KUALA LUMPUR, Aug 13 (Bernama) -- The ringgit opened higher against major currencies but eased against the US dollar on Thursday, amid a moderation in the highly anticipated US consumer price index (CPI).

Ringgit Opens Higher Against US Dollar Ahead Of 2Q GDP Print

KUALA LUMPUR, Aug 12 (Bernama) -- The ringgit opened higher against the US dollar on Wednesday, ahead of Malaysia’s second quarter (2Q) gross domestic product (GDP) official data, slated to be released on Aug 14, an economist said. 

Ringgit Higher Against Major Currencies, Eases Against Greenback At Close

By K. Naveen Prabu

KUALA LUMPUR, Aug 11 (Bernama) -- The ringgit closed higher on Tuesday against most major currencies but eased against the greenback ahead of the release of key US inflation data.

Tengku Zafrul Calls For Stronger ASEAN Cooperation To Bolster Energy Security

KUALA LUMPUR, Aug 11 (Bernama) -- ASEAN needs stronger regional cooperation to bolster energy security and address the capital coordination challenges facing the region’s energy transition, said Malaysian Investment Development Authority (MIDA) chairman Tengku Datuk Seri Zafrul Abdul Aziz.

Beanstalk Launches Monsoon Ventures To Support Southeast Asian Agtech 

KUALA LUMPUR, Aug 11 (Bernama) -- Beanstalk AgTech has launched Monsoon Ventures, a new venture studio in Singapore backed by Enterprise Singapore (EnterpriseSG) and Rabo Foundation, to support founders in Southeast Asia in commercialising agricultural technology (agtech) solutions.

CPO Price Outlook For 2026-2027 Raised On Rising Supply Risks - CIMB Securities

KUALA LUMPUR, Aug 11 (Bernama) -- CIMB Securities Sdn Bhd has raised 2026 and 2027 crude palm oil (CPO) price forecasts by RM50 per tonne to RM4,450 per tonne and RM4,550 per tonne, respectively, on rising supply risks.

Ringgit Opens Mixed Against Major Currencies As US Dollar Gains

KUALA LUMPUR, Aug 11 (Bernama) -- The ringgit opened mixed against a basket of major currencies on Tuesday, while the US dollar strengthened amid elevated crude oil prices following the reopening of the Strait of Hormuz.

MCT SEA Opens New Pathway For Mal Malaysia Champions To M8

KUALA LUMPUR, Aug 10 (Bernama) -- The champions of the Mobile Legends: Bang Bang (MLBB) Academy League (MAL) Malaysia will have a new pathway to the M8 World Championship following the introduction of the MLBB Championship Tour Southeast Asia (MCT SEA) in the fourth quarter of this year.

Ringgit Steady Vs US Dollar as Investors Await Key US Data

KUALA LUMPUR, Aug 10 (Bernama) -- The ringgit held steady against the US dollar at the close today as the United States’ (US) weak job numbers weighed on the greenback’s performance.