| LATEST NEWS | Datuk Ab Ghani Hassan elected as new FAM president | |
By Zufazlin Baharuddin
KUALA LUMPUR, Aug 17 (Bernama) -- The ringgit closed higher against major and regional currencies on Monday, including the greenback, as softer US economic data dampened expectations of a US Federal Reserve (Fed) interest rate hike in September.
BANGKOK, Aug 17 (Bernama) -- Thailand’s economy grew 1.9 per cent year-on-year (y-o-y) in the second quarter of 2026 (2Q 2026), slowing from 2.8 per cent growth in 1Q 2026, according to the National Economic and Social Development Council (NESDC) report on Monday.
KUALA LUMPUR, Aug 17 (Bernama) -- The Employees Provident Fund (EPF) registered 441,846 new members in the first six months ended June 30, 2026 (1H 2026), bringing total membership to close to 18.5 million.
KUALA LUMPUR, Aug 17 (Bernama) -- Bursa Malaysia ended lower on Monday as investor sentiment weakened amid renewed concerns over geopolitical tensions and global economic growth, an analyst said.
By Abdul Hamid A Rahman
KUALA LUMPUR, Aug 17 (Bernama) -- The Kuala Lumpur rubber market ended higher on Monday, supported by gains in regional rubber futures markets and a firmer El Niño outlook, a dealer said.
GEORGE TOWN, Aug 17 (Bernama) -- Celestica Inc is set to expand its workforce in Malaysia by more than 2,100 employees as global demand for artificial intelligence (AI) infrastructure and cloud computing continues to accelerate.
KUALA LUMPUR, Aug 17 (Bernama) -- Malaysia’s stronger-than-expected second quarter (2Q) economic growth has prompted Public Investment Bank Bhd (PublicInvest) to raise its 2026 gross domestic product (GDP) forecast to 5.4 per cent year-on-year (y-o-y) from 4.6 per cent.
KUALA LUMPUR, Aug 17 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) expects Malaysia’s 2026 current account to remain firmly in surplus, maintaining a forecast at 2.1 per cent of gross domestic product (GDP), compared with 1.6 per cent in 2025.
By Nurunnasihah Ahmad Rashid & Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Aug 17 (Bernama) -- The ringgit opened higher against the US dollar, tracking Malaysia’s stronger-than-expected second quarter 2026 (2Q 2026) Gross Domestic Product (GDP) growth of 6.0 per cent, said an economist.
GEORGE TOWN, Aug 16 (Bernama) -- Penang plans to shift from its current dominance in assembly and testing activities towards high-value upstream activities such as chip design, system architecture and prototype development, in a bid to become a leading semiconductor design hub in ASEAN by 2040.
By Niam Seet Wei
KUALA LUMPUR, Aug 16 (Bernama) -- A year ago, during my Wolfson Press Fellowship at the University of Cambridge in the United Kingdom, I was grappling with a question I was not entirely sure I wanted to answer.
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Aug 16 (Bernama) -- Lembaga Tabung Haji (TH) needs to focus on reasonable and sustainable investment returns commensurate with the level of risk that can be accepted, with the protection of the savings of prospective pilgrims remaining a priority, according to an economist.
