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.

Malaysia Eyes US$10 Bln Bilateral Trade With Philippines -- Mohamad Hasan

MANILA, Aug 18 (Bernama) -- Malaysia welcomes the positive momentum in its economic relations with the Philippines and hopes that bilateral trade can reach US$10 billion within the next two years, said Foreign Minister Datuk Seri Mohamad Hasan.

1H 2026 Economic Growth Proves Malaysia's Economy Remains Resilient – Amir Hamzah

PUTRAJAYA, Aug 18 (Bernama) -- Malaysia's impressive economic growth in the first half of the year, which exceeded Bank Negara Malaysia's 2026 gross domestic product (GDP) projection of four to five per cent, demonstrates the resilience of the country's economy.

HLIB Expects Malaysia's Inflation To Remain Contained In 2h 2026

KUALA LUMPUR, Aug 18 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) expects Malaysia’s inflation to remain contained through the second half (2H) of 2026, with continued BUDI95 and BUDI Diesel subsidy support cushioning inflationary pressure from elevated global commodity prices.

Xsolla Adds Over 15 Payment Methods To Expand Global Reach

KUALA LUMPUR, Aug 18 (Bernama) -- Xsolla, a global video game commerce company, has added more than 15 new payment methods to Xsolla Payments ahead of Gamescom 2026, spanning Asia and Oceania; Europe, the Middle East, and Africa (EMEA); and the Americas.

Ringgit Strengthens Vs Major Currencies, Little Change Against Greenback

By Nurunnasihah Ahmad Rashid & Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Aug 18 (Bernama) -- The ringgit opened higher against major currencies but was little changed against the US dollar on Tuesday, amid expectations that the possibility of a US interest rate hike in September has dropped, an economist said.

CIMB Niaga Joins Bank Indonesia’s Launch Of KKI Credit Card For QRIS Payments

JAKARTA, Aug 17 (Bernama) -- CIMB Niaga is among eight payment service providers participating in Bank Indonesia’s (BI) newly launched Indonesian Credit Card (KKI), which offers individuals and businesses a new credit payment option for transactions through the country’s Quick Response Code Indonesian Standard (QRIS) payment system.

Gold Futures End Higher As US Dollar Weakens, Treasury Yields Fall

By Zufazlin Baharuddin

KUALA LUMPUR, Aug 17 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher on weaker US dollar and lower US Treasury yields.

Ringgit Closes Higher Against Major And Regional Currencies

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.

Kuala Lumpur Rubber Market Closes Higher On Regional Gains, El Niño Concerns

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.

Kenanga IB Maintains Ringgit Forecast Of RM3.95 To US Dollar By Year-end

KUALA LUMPUR, Aug 17 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) has retained its ringgit forecast of RM3.95 to the US dollar by year-end, underpinned by resilient growth, a sustained current account (CA) surplus and record foreign-currency deposits.