Wholesale, Retail Trade Sales Hit RM168.50 Bln In June 2026 -- DOSM

KUALA LUMPUR, Aug 12 (Bernama) -- Malaysia’s wholesale and retail trade increased 10.1 per cent year-on-year (y-o-y) in June 2026, with sales hitting RM168.5 billion, supported by positive growth across all three sub-sectors, according to the Department of Statistics Malaysia (DOSM).

MEF Calls For Survival Package To Strengthen MSME Support

KUALA LUMPUR, Aug 12 (Bernama) -- The Malaysian Employers Federation (MEF) is calling on the government to strengthen assistance for micro, small and medium enterprises (MSMEs).

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. 

Putrajaya Perdana Acquisition Approval Took Place While The Company Was Under Jho Low’s Control

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Aug 11 (Bernama) – The entire approval process for Lembaga Tabung Haji’s (TH) purchase of a 30 per cent stake in Putrajaya Perdana Bhd in 2014 took place when the company was said to be under the control of Low Taek Jho, or Jho Low, through Utama Banking Group Bhd (UBG Bhd).

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.

Manufacturing Sales Hit RM177 Bln In June, Up 9.8 Pct Y-o-Y-- DOSM

PUTRAJAYA, Aug 11 (Bernama) -- The manufacturing sector’s sales value rose 9.8 per cent year-on-year (y-o-y) to RM177 billion in June 2026, higher than the 8.9 per cent increase recorded in May 2026 (RM172.7 billion), according to the Department of Statistics (DOSM).

Investment In Putrajaya Perdana Drags TH Into 1MDB Deal, Incurring RM145.3 Mln Loss

KUALA LUMPUR, Aug 11 (Bernama) -- Lembaga Tabung Haji’s (TH) investment in Putrajaya Perdana Bhd (PPB) and putting the then TH chairman as PPB chairman have dragged TH into 1Malaysia Development Bhd’s (1MDB) transactions, ultimately causing RM145.3 million in losses.

Singapore Raises 2026 GDP Growth Forecast To 4.5-5.5 Pct On Stronger Global AI Expenditure Outlook

By Anas Abu Hassan

SINGAPORE, Aug 11 (Bernama) -- The Ministry of Trade and Industry (MTI) has raised Singapore's 2026 gross domestic product (GDP) growth forecast to between 4.5 and 5.5 per cent, raising it from an earlier projection of 2.0-4.0 per cent.

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.

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.

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.

Bursa Malaysia Stays Lower At Midday Amid Profit-Taking

KUALA LUMPUR, Aug 10 (Bernama) -- Bursa Malaysia remained lower at midday, amid profit-taking in plantation, utilities and industrial product sectors.