Ringgit Poised To See Profit-taking After This Week's Strong Rally
By Zufazlin Baharuddin
KUALA LUMPUR, Aug 22 (Bernama) -- The ringgit is expected to experience profit-taking next week following its strong rally over the last six trading days.
By Zufazlin Baharuddin
KUALA LUMPUR, Aug 22 (Bernama) -- The ringgit is expected to experience profit-taking next week following its strong rally over the last six trading days.
KUALA LUMPUR, Aug 21 (Bernama) -- Malaysia’s total trade has reached RM2.16 trillion for the period of January-July 2026, expanding by 24.7 per cent year-on-year (y-o-y), driven by strong export demand, according to the Malaysia External Trade Development Corporation (MATRADE).
KUALA LUMPUR, Aug 21 (Bernama) -- The SME Association of Malaysia (SME Malaysia) has called for Budget 2027 to focus on measurable outcomes, not merely grants, financing and incentives, with success judged by productivity, investment, growth and competitiveness.
KUALA LUMPUR, Aug 21 (Bernama) — Global supply chain leader HAVI will open its TechHUB in Malaysia in November this year, one of only four such hubs worldwide and its first in Asia Pacific.
JOHOR BAHRU, Aug 21 (Bernama) -- Maybank and the Singapore Manufacturing Federation (SMF) signed a memorandum of understanding (MoU) to expand access to the Johor-Singapore Special Economic Zone (JS-SEZ) and support its development as a mutually beneficial proposition for both countries and the broader ASEAN region.
By Zufazlin Baharuddin
KUALA LUMPUR, Aug 21 (Bernama) -- The ringgit ended the week on a strong footing against the US dollar despite higher United States Treasury yields.
BATU KAWAN, Aug 21 (Bernama) – Malaysia’s electric vehicle (EV) localisation policy should strengthen the domestic industry without restricting competition, consumer choice or investor confidence.
KUALA LUMPUR, Aug 21 (Bernama) -- Bursa Malaysia ended little changed on Friday, as investors remained cautious amid renewed pressure on global bond yields and geopolitical tensions, an analyst said.
KUALA LUMPUR, Aug 21 (Bernama) -- International passenger traffic across Malaysia Airports Holdings Bhd's Malaysian operations rose 9.3 per cent month-on-month (m-o-m) to 4.5 million movements in July 2026, supported by the summer travel season across Europe, the Middle East and parts of Asia.
PUTRAJAYA, Aug 21 (Bernama) -- Malaysia aims for locally manufactured chips developed in collaboration with Arm Ltd to enter the production stage and be used in the country’s semiconductor supply chain by 2030, said Economy Minister Akmal Nasrullah Mohd Nasir.
KUALA LUMPUR, Aug 21 (Bernama) -- The automotive, electrical and electronic (E&E) products, downstream palm oil processing, mineral processing, and technology sectors are among the potential areas for closer cooperation between Malaysia and South Africa, said Malaysian High Commissioner to South Africa, Datuk Yubazlan Yusof.
PUTRAJAYA, Aug 21 (Bernama) -- Two Malaysian companies, Oppstar Technology Sdn Bhd and Alphaswift Industries Sdn Bhd, have gained access to Arm Compute Subsystem (CSS) technology and the Arm Flexible Access (AFA) programme to accelerate integrated circuit design, research and development (R&D), and semiconductor technology development in Malaysia.