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Ringgit Opens Higher Against US Dollar, Major Currencies

By Siti Noor Afera Abu & Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, July 20 (Bernama) -- The ringgit opened higher against the US dollar and major currencies on Monday, supported by stronger-than-expected advance estimates showing Malaysia's economy expanded faster in the second quarter (2Q) of 2026.

CIMB Revises 2H 2026 GDP Forecast To 4.1 Pct, Raises 2026 GDP Projection To 4.8 Pct

KUALA LUMPUR, July 18 (Bernama) -- CIMB Treasury and Markets Research has revised its second-half 2026 (2H 2026) gross domestic product (GDP) forecast to 4.1 per cent and raised its full-year 2026 projection to 4.8 per cent from 4.3 per cent, tracking a stronger outturn in the second quarter (2Q) of 2026.

KWAP Continues Pursuing All Avenues To Maximise Recovery Of Its Investment In eFishery

KUALA LUMPUR, July 18 (Bernama) --  The Retirement Fund (Incorporated) (KWAP) says that it is continuing to pursue all available avenues to maximise the recovery of its investment in eFishery.

EPF, Fahmi Discuss Opportunities To Advance Financial, Retirement Literacy

KUALA LUMPUR, July 18 (Bernama) -- The Employees Provident Fund (EPF), which recently paid a courtesy visit to Communications Minister Datuk Seri Fahmi Fadzil, explored opportunities for closer strategic collaboration to advance financial and retirement literacy. 

Fujifilm Eyes M&A, Partnerships To Expand Solutions Business In Malaysia

KUALA LUMPUR, July 18 (Bernama) -- Fujifilm Business Innovation Corp is looking for opportunities to expand its business solutions segment in Malaysia through new business ventures, joint ventures and mergers and acquisitions (M&A), as businesses in the country increasingly embrace digital transformation.

Gold Futures Seen Trading Sideways With Slight Downward Bias Next Week

KUALA LUMPUR, July 18 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to trade sideways with a slight downward bias next week.

Ringgit Expected To Trade At RM4.06-RM4.08 Next Week

KUALA LUMPUR, July 18 (Bernama) -- The ringgit is expected to trade within the RM4.06-RM4.08 range against the US dollar next week amid cautious market sentiment and continued geopolitical uncertainties.

KLCI Futures Seen In 1,720-1,750 Range Next Week

KUALA LUMPUR, July 18 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures are expected to trade with a mildly positive bias within the 1,720-1,750 range, said an analyst.

Profit-taking Seen For Bursa Malaysia Next Week After Recent Strong Gains

KUALA LUMPUR, July 18 (Bernama) -- Bursa Malaysia is expected to trade in a more modest range next week as investors engage in profit-taking following this week’s strong rally.

Rubber Market Expected To Trade Quietly Next Week Amid Weather Uncertainty

KUALA LUMPUR, July 18 (Bernama) -- The Kuala Lumpur rubber market is expected to trade quietly next week, with demand likely to be supported mainly by replenishment buying amid weather-related supply uncertainties.

CPO Futures Close Lower On Lack of New Market Catalysts

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, July 17 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower on Friday in range-bound trade amid an absence of fresh market catalysts, a trader said.

TERAJU Needs To Be Growth Facilitator, Not Just Financing Provider - Akmal Nasrullah

CYBERJAYA, July 17 (Bernama) -- Unit Peneraju Agenda Bumiputera (TERAJU) needs to be a 'growth facilitator' that connects bumiputera companies to real opportunities, and not just focus on being a provider of programmes or financing.