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Ringgit Opens Higher Against Major Currencies, Flat Vs US Dollar

KUALA LUMPUR, July 17 -- The ringgit opened higher against most major currencies but was flat against the US dollar on Friday, as investors remained cautious ahead of the release of Malaysia’s advance estimate for the second quarter (2Q) gross domestic product (GDP) today, an analyst said.

Malaysia Is Fifth Largest Source Of Foreign Investment In Indonesia In 2Q 2026

By Nik Nurfaqih Nik Wil

JAKARTA, July 16 (Bernama) -- Malaysia was the fifth-largest source of foreign investment in Indonesia in the second quarter (2Q) of 2026, contributing US$700 million (US$1 = RM4.065), while Indonesia's realised investment totalled Rp511.8 trillion (Rp1 million = RM225).

Ringgit Firms As Us Rate Hike Expectations Recede

By Abdul Hamid A Rahman

KUALA LUMPUR, July 16 (Bernama) -- The ringgit ended marginally higher against the US dollar today, supported by softer-than-expected United States (US) inflation data and reduced expectations of a near-term rate hike.

Malaysia Is Fifth Largest Source Of Foreign Investment In Indonesia In 2Q 2026

By Nik Nurfaqih Nik Wil

JAKARTA, July 16 (Bernama) -- Malaysia was the fifth-largest source of foreign investment in Indonesia in the second quarter (2Q) of 2026, contributing US$700 million (US$1 = RM4.65), while Indonesia's realised investment totalled Rp511.8 trillion (Rp1 million = RM225).

Singaporean Consumer Spending In JB To Rise By S$1.05 Bln A Year After RTS Link Opening -- Study

SINGAPORE, July 16 (Bernama) -- Singaporeans’ consumer spending in Johor Bahru is projected to increase by S$1.05 billion (S$1=RM3.15) a year following the opening of the Johor Bahru-Singapore Rapid Transit System (RTS) Link, a study revealed.

ST Rosyam Mart To Open First Johor Outlet In September

JOHOR BAHRU, July 16 (Bernama) – Halal wholesale and retail supermarket chain ST Rosyam Mart will open its first outlet in Johor on Sept 12, marking its expansion into the southern region and strengthening the state’s retail sector.

H2O.ai Expands Singapore AI Lab Investment

KUALA LUMPUR, July 16 (Bernama) -- H2O.ai has expanded its investment in its Forward Deployed AI Lab in Singapore, strengthening its regional capabilities to support enterprise artificial intelligence (AI) deployments across the Asia-Pacific (APAC) region.

KWAP Deceived On eFishery Investment, Fund Recovery Underway - MoF

KUALA LUMPUR, July 16 (Bernama)  -- The Ministry of Finance (MOF) has found that the Retirement Fund (Incorporated) (KWAP) was deceived about its investment in eFishery and that it was a well-planned fraud.

Gamuda Shares Rise On Penang-Perak Water Supply Deal

KUALA LUMPUR, July 16 (Bernama) -- Gamuda Bhd’s shares rose 1.44 per cent in early trade on Thursday after its joint venture signed a bulk water supply agreement with Perbadanan Bekalan Air Pulau Pinang Sdn Bhd (PBAPP).

Ringgit Rises As Soft US Data Weighs On Greenback

KUALA LUMPUR, July 16 (Bernama) -- The ringgit extended its gains against the US dollar at Thursday's opening, supported by weaker-than-expected US economic data, an analyst said.

Ringgit Ends Flat Against US Dollar

By Abdul Hamid A Rahman

KUALA LUMPUR, July 15 (Bernama) -- The ringgit ended virtually unchanged against the US dollar today as concerns over China’s weaker economic performance and renewed geopolitical tensions offset softer-than-expected US inflation data.

Ringgit To Outperform Regional Peers Despite Stronger Greenback -- Standard Chartered

KUALA LUMPUR, July 15 (Bernama) -- The Malaysian ringgit is expected to remain one of the region's better-performing currencies alongside the Singapore dollar, supported by solid economic fundamentals and impact of higher oil prices, even in a stronger US dollar environment, according to Standard Chartered Bank.