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Ringgit Extends Gains To Close Higher Vs Major, Regional Currencies

By Zufazlin Baharuddin

KUALA LUMPUR, Aug 18 (Bernama) -- The ringgit extended its gains to close higher against major and regional currencies on Tuesday, as declining expectations of a US Federal Reserve interest rate hike in September weighed on the greenback.

Johor Plantations Net Profit Slips To RM51 Mln In 2Q Due To Higher Sales Cost

KUALA LUMPUR, Aug 18 (Bernama) -- Johor Plantations Group Bhd’s (JPG) net profit fell to RM51.15 million in the second quarter ended June 30, 2026 (2Q 2026) from RM75.20 million in the same period a year ago.

Commodity, Plantation Stocks Lift Bursa Malaysia To End Higher

KUALA LUMPUR, Aug 18 (Bernama) -- Bursa Malaysia ended higher on Tuesday, outperforming most regional markets as investors continued to rotate towards commodity and plantation-related stocks, an analyst said.

MADANI Reforms Strengthen Governance, Raise Ceiling And Floor -- MOF

KUALA LUMPUR, Aug 18 (Bernama) -- The MADANI Government has made progress in governance reform, national competitiveness and efforts to raise the people’s living standards over the past three and a half years, guided by the three pillars of Good Governance in Public Administration, Raising the Ceiling and Raising the Floor.

Indonesia’s External Debt Rises 4.4 Pct To US$453.4 Bln In Q2 2026 - BI

JAKARTA, Aug 18 (Bernama) -- Indonesia’s external debt rose 4.4 per cent year-on-year (y-o-y) to US$453.4 billion (US$1=RM4.05) in the second quarter of 2026, driven by higher public external debt amid a slower contraction in private-sector debt.

Palm Beach Resort, ASB Partner To Strengthen Support For Labuan Oil And Gas Sector

LABUAN, Aug 18 (Bernama) -- Palm Beach Resort & Spa in Labuan and Sabah government-owned Asian Supply Base Sdn Bhd (ASB) have formalised a strategic collaboration aimed at strengthening hospitality and logistical support for Labuan's oil and gas (O&G) industry.

Wealth Creation, Asset Ownership Crucial For Malaysia’s Future Prosperity -- Bursa CEO

KUALA LUMPUR, Aug 18 (Bernama) -- Malaysia’s future prosperity must be underpinned by wealth creation and asset ownership, with capital markets playing a key role in strengthening intergenerational financial resilience, said Bursa Malaysia Bhd chief executive officer Datuk Fad’l Mohamed.

Rubber Market Ends Lower On Regional Weakness, Stronger Ringgit

By Abdul Hamid A Rahman

KUALA LUMPUR, Aug 18 (Bernama) -- The Kuala Lumpur rubber market ended lower on Tuesday, influenced by losses in regional rubber futures markets and a stronger ringgit against the US dollar, said a dealer.

Malaysia’s Jewellery Trade Hits RM12.13 Bln In 1h 2026 – MATRADE

KUALA LUMPUR, Aug 18 (Bernama) -- Malaysia’s total jewellery trade grew 10 per cent to RM12.13 billion in the first half of 2026 (1H 2026), sustaining the industry’s strong momentum following a record performance last year.

Malaysia Must Capture More Domestic Value From Global Trade Reconfiguration - McKinsey

KUALA LUMPUR, Aug 18 (Bernama) -- Malaysia needs to capture more domestic value from the ongoing reconfiguration of global trade and technological change, with the country’s next phase of growth dependent on stronger local capabilities, globally competitive companies and the ability to move up the value chain. 

Digital Economy On Track To Account For 30 Pct Of GDP By 2030

KUALA LUMPUR, Aug 18 (Bernama) -- The digital economy is on the right track to account for 30 per cent of the nation’s gross domestic product (GDP) by 2030, said Digital Minister Gobind Singh Deo.

MGA Targets RM100 Mln Turnover At Inaugural Malaysia Gold Festival 2026

KUALA LUMPUR, Aug 18 (Bernama) -- The Malaysia Gold Association (MGA) is targeting RM100 million in turnover from the three-day Malaysia Gold Festival (MGF) 2026, scheduled to be held from Sept 18 to 20 at the Kuala Lumpur Convention Centre (KLCC).