1m ago
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.
1m ago
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.
1m ago
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.
1m ago
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.
1m ago
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.
1m ago
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.
1m ago
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.
1m ago
KUALA LUMPUR, Aug 17 (Bernama) -- Bursa Malaysia opened lower on Monday as profit-taking emerged following a decent run-up in previous sessions.
1m ago
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.
1m ago
By Nur Faradilla Mohamad
JOHOR BAHRU, Aug 16 (Bernama) -- Mamas M&M (M) Sdn Bhd, which offers a variety of sauces including chilli, tomato, oyster and black pepper sauces, as well as vinegar and soy sauce, aims to penetrate the Cambodian market by mid-next year, further expanding its export market.
1m ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Aug 16 (Bernama) -- Private healthcare provider IHH Healthcare Bhd. plans to nearly double its operational hospital beds in India to about 10,000 by 2031 from around 6,100 currently, with an estimated investment of about US$250,000 (US$1=RM4.08) per bed.
1m ago
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.