Bursa Malaysia Opens Slightly Lower On Profit Taking

KUALA LUMPUR, July 17 (Bernama) -- Bursa Malaysia retreated to open slightly lower on Friday on profit-taking, in line with Wall Street’s weaker overnight performance.

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.

MOF: Binance Not Licensed By SC For Capital Market Activities In Malaysia

KUALA LUMPUR, July 16 (Bernama) -- Cryptocurrency and blockchain giant Binance has not been licensed or registered with the Securities Commission Malaysia (SC) to carry out capital market activities in Malaysia, said the Ministry of Finance (MOF). 

Asset Recovery Trust Account Funds Used To Repay 1MDB, SRC Debts - MoF

KUALA LUMPUR, July 16 (Bernama) -- The government stresses that the use of Asset Recovery Trust Account funds is made in accordance with the approved Trust Directive and only for authorised purposes, including to cover operating costs and repay 1Malaysia Development Bhd (1MDB) and SRC International Sdn Bhd debts. 

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).

Melaka Boosting Its Position As Semiconductor Hub To Attract High-value Investments

MELAKA, July 16 (Bernama) -- Melaka is strengthening its position as one of Malaysia's leading semiconductor and advanced manufacturing hubs by leveraging its established industrial ecosystem, skilled workforce and strategic location to attract the next generation of high-value investments.

Gold Futures Close Higher

KUALA LUMPUR, July 16 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed higher on continued demand for safe-haven assets, despite weaker gold prices on the US Commodity Exchange (COMEX).

Dewan Rakyat Passes Statistics Bill 2026 To Modernise Data Ecosystem

KUALA LUMPUR, July 16 (Bernama) -- The Dewan Rakyat has today passed the Statistics Bill 2026, which is aimed, among other things, to replace the Statistics Act 1965 (Act 415) to establish a more modern and comprehensive legal framework aligned with the current data and statistics ecosystem.

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.

Bursa Malaysia Ends Higher On Broad-based Buying

By Siti Noor Afera Abu

KUALA LUMPUR, July 16 (Bernama) -- Bursa Malaysia’s key index rebounded from yesterday’s losses to close higher on Thursday, driven by broad-based buying across multiple sectors.

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.