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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.

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.

Penang Eyes Becoming Leading ASEAN Semiconductor Design Hub By 2040

GEORGE TOWN, Aug 16 (Bernama) -- Penang plans to shift from its current dominance in assembly and testing activities towards high-value upstream activities such as chip design, system architecture and prototype development, in a bid to become a leading semiconductor design hub in ASEAN by 2040.

Gold Futures End Lower For Two Consecutive Days

By Harizah Hanim Mohamed

KUALA LUMPUR, Aug 14 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended lower for the second consecutive day as investors digested United States economic data.

Ringgit Firmer Against US Dollar On Stronger-than-expected GDP Growth

By Harizah Hanim Mohamed

KUALA LUMPUR, Aug 14 (Bernama) -- The ringgit firmed against the US dollar on Friday as Malaysia’s stronger-than-expected Gross Domestic Product growth for the second quarter of the year (2Q 2026) supported the local currency.

Sarawak Moves Towards Becoming Home To Southeast Asia's Regenerative Medicine Hub

KUCHING, Aug 14 (Bernama) -- Sarawak is taking steps to strengthen its position in the biotechnology and healthcare sectors through a proposed RM50 million investment to develop the Sarawak Regenerative BioFoundry at the Sarawak Bio-Industrial Park.

Rubber Market Ends Lower On Stronger Ringgit

By K. Naveen Prabu

KUALA LUMPUR, Aug 14 (Bernama) -- The rubber market ended lower on Friday, weighed down by a slightly stronger ringgit against the US dollar, a dealer said.

Digital Penang Eyes 2,000 Users For SME Digital Matching Platform In Six Months

GEORGE TOWN, Aug 14 (Bernama) -- Digital Penang is targeting 2,000 users for its SME Digital Matching Platform within the first six months as part of efforts to accelerate digital adoption among small and medium enterprises (SMEs) in the state.

AirAsia Group Shares Gain 2 Pct In Early Trade

KUALA LUMPUR, Aug 14 (Bernama) -- AirAsia Group Bhd’s share price rose two per cent in early trade on Friday, despite reporting a net loss for the second quarter of 2026 (2Q 2026) yesterday.

Pharmaniaga Shares Up 1.70 Pct After 2Q Profit Surge

KUALA LUMPUR, Aug 14 (Bernama) -- Pharmaniaga Bhd’s share price rose 1.70 per cent in early trading on Friday after the company reported a second quarter 2026 (2Q 2026) surge in net profit yesterday.

Gold Futures End Lower On US Higher-for-longer Rate Concerns

By Harizah Hanim Mohamed

KUALA LUMPUR, Aug 13 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended lower today, weighed by concerns that US interest rates could remain higher for longer despite softer-than-expected inflation data.

Ringgit Closes Almost Unchanged Vs US Dollar Ahead Of 2Q 2026 GDP Announcement Tomorrow

KUALA LUMPUR, Aug 13 (Bernama) -- The ringgit closed almost unchanged against the US dollar ahead of Malaysia’s gross domestic product (GDP) announcement for the second quarter tomorrow, as investors adopted a wait-and-see approach after US inflation data came in within expectations, supporting the greenback.