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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.

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). 

Asia Pacific Dominates Ranking Of World's Busiest Airport Pairs

KUALA LUMPUR, July 16 (Bernama) -- Asia Pacific dominated the ranking of the world’s busiest airport pairs, with Jeju International Airport and Seoul’s Gimpo International Airport (CJU-GMP) remaining the most popular route globally, with 13.3 million passengers travelling between the two airports. 

CPO Futures Rebound On Higher CBOT Soybean Oil Prices

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, July 16 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives rebounded to close higher on Thursday, driven by stronger Chicago Board of Trade (CBOT) soybean oil prices.

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).

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.

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.

Rubber Market Extends Losses Amid Weaker Regional Futures

KUALA LUMPUR, July 16 (Bernama) -- The Kuala Lumpur rubber market extended its losses for a second straight session on Thursday, pressured by declines in regional rubber futures markets and weaker benchmark crude oil prices, a dealer said.

Malaysia, Taiwan Formalise RM7 Mln Bioeconomy Collaborations

KUALA LUMPUR, July 16 (Bernama) -- Malaysia has further strengthened its position in the regional bioeconomy sector through the formalisation of three strategic collaborations, valued at RM7 million, at the Malaysia Regional Collaboration Forum held in conjunction with BIO Asia–Taiwan 2026 in Taiwan.

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.

South Korea’s DBI Retains Superior Credit Ratings From AM Best

KUALA LUMPUR, July 16 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A+ (Superior) and the long-term issuer credit rating of “aa-” (Superior) of South Korea’s DB Insurance Co Ltd (DBI).

Johor To Produce AI Cleaning Robots Under China Partnership

By Hasnah Jusid

KULAI, July 16 (Bernama) -- Johor is set to become the production base for artificial intelligence (AI)-powered cleaning robots under a technology transfer partnership between a local company and a Chinese robotics firm.