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Ringgit Opens Higher Against Major Currencies, Flat vs US Dollar

By Engku Shariful Azni Engku Ab Latif and Nur Athirah Mohd Shaharuddin 

KUALA LUMPUR, July 22 (Bernama) -- The ringgit opened higher against major currencies on Wednesday but was almost flat against the US dollar as traders adopted a cautious stance amid uncertainties over the conflict in West Asia.

Global Growth Faces Slowdown Amid Trade Barriers, Supply Chain Risks - Nurhisham

IPOH, July 21 (Bernama) -- Global economic growth could slow to near zero over the next century as rising trade barriers, intensifying geopolitical competition and supply chain disruptions reshape the global economy, Economic Adviser to the Prime Minister's Office Nurhisham Hussein said.

Ringgit Extends Gains Against US Dollar On Stellar Trade Data Amid West Asia Tensions

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, July 21 (Bernama) -- The ringgit extended its gains to close higher for a second consecutive day against the US dollar and other major currencies on Tuesday, supported by Malaysia’s stronger-than-expected trade performance, despite persistent geopolitical uncertainties.

New Smart Manufacturing Scheme To Give SMEs, Mid-tier Firms Greater Access To Capital

KUALA LUMPUR, July 21 (Bernama) -- The Investment, Trade and Industry Ministry (MITI) and the Securities Commission Malaysia (SC) have introduced the Smart Manufacturing scheme to facilitate greater access to capital and support the business growth of small and medium enterprises (SMEs) and mid-tier companies (MTCs) in strategic sectors.

Bursa Malaysia Ends Lower On Profit-Taking Despite Positive Market Breadth

KUALA LUMPUR, July 21 (Bernama) -- Bursa Malaysia’s key index closed marginally lower on Tuesday, weighed down by continued profit-taking, although the positive market breadth indicated that selective buying interest remained intact.

Rubber Market Ends Lower On Regional Weakness, Softer Oil Prices

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, July 21 (Bernama) -- The Kuala Lumpur rubber market ended lower on Tuesday, weighed down by declines in regional rubber futures markets and softer benchmark crude oil prices amid expectations of ample natural rubber supply from Thailand, a major producer, said a dealer.

74 Pct Of Malaysians Use AI For Shopping, But Many Hesitate Over AI-completed Purchases – Adyen

KUALA LUMPUR, July 21 (Bernama) -- About 74 per cent of Malaysians use artificial intelligence (AI) to support their shopping, but 52 per cent remain uncomfortable allowing the technology to complete purchases on their behalf, according to a survey published by financial technology (fintech) platform Adyen. 

RISDA Strengthens Efforts To Boost Rubber Productivity, Reduce Production Costs Amid Global Uncertainties

KUALA LUMPUR, July 21 (Bernama) -- The Ministry of Rural and Regional Development (KKDW), through the Rubber Industry Smallholders Development Authority (RISDA), will continue to strengthen efforts to increase rubber plantation productivity, reduce production costs, enhance marketing efficiency and promote income diversification for smallholders.

Malaysia Sees High Digital Service Adoption, 98 Pct Are Frequent Users

KUALA LUMPUR, July 21 (Bernama) -- A total of 98 per cent of Malaysian respondents described themselves as frequent users of digital services, cementing the nation's status as a digital-first nation, according to IDEMIA Group's IDEMIA Secure Transactions (IST) study.

Bursa Malaysia Closes Lower On Profit-taking In Banking Stocks

KUALA LUMPUR, July 20 (Bernama) -- Bursa Malaysia’s key index closed lower on Monday as profit-taking in banking heavyweights weighed on the benchmark, although sentiment across the broader market remained steady.

AirBorneo Adopts 'Sarawak Model' To Keep Fares Affordable Despite Rising Costs -- Abang Johari

SEPANG, July 20 (Bernama) -- Sarawak's state-owned airline AirBorneo will operate under a unique “Sarawak model” that combines government support with commercial operations to ensure affordable airfares while maintaining long-term sustainability, according to Premier Tan Sri Abang Johari Tun Openg.

Rubber Market Ends Higher Amid Gains In Regional Futures

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, July 20 (Bernama) -- The Kuala Lumpur rubber market ended higher on Monday, supported by gains in regional rubber futures markets, firmer benchmark crude oil prices and a weaker ringgit against the US dollar, said a dealer.