Ringgit Opens Slightly Higher Versus Greenback Amid Soft US Data
KUALA LUMPUR, Aug 5 (Bernama) -- Ringgit opened slightly higher against the US dollar on Wednesday, supported by weaker-than-expected US economic data that weighed on the greenback.
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KUALA LUMPUR, Aug 5 (Bernama) -- Ringgit opened slightly higher against the US dollar on Wednesday, supported by weaker-than-expected US economic data that weighed on the greenback.
KUALA LUMPUR, Aug 4 (Bernama) — The government is exploring the potential of seawater desalination technology as an alternative source to support industries with high water demand, including data centres.
KUALA LUMPUR, Aug 4 (Bernama) -- A study by the Malaysian Steel Institute (MSI) estimates that costs associated with implementing the European Union’s Carbon Border Adjustment Mechanism (EU-CBAM) could reach RM970.7 million for Malaysia’s iron and steel industry in 2026, with the cost expected to rise progressively in subsequent years.
KUALA LUMPUR, Aug 4 (Bernama) -- Malaysia’s Free Industrial Zones (FIZs) recorded exports worth RM106.7 billion in the first half of 2026 (1H 2026), reflecting continued strong growth momentum.
KUALA LUMPUR, Aug 4 (Bernama) -- The International Islamic Liquidity Management Corporation (IILM) has achieved a new record outstanding sukuk portfolio of US$7.4 billion following the issuance and reissuance of US$1.192 billion of short-term sukuk today.
KUALA LUMPUR, Aug 4 (Bernama) -- Malaysia needs more companies capable of progressing from promising enterprises into national champions and eventually regional leaders, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Aug 4 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives rebounded to close higher on Tuesday amid stronger soybean oil and crude oil prices, said a trader.
KUALA LUMPUR, Aug 4 (Bernama) -- Vantris Energy Bhd had secured contracts worth RM830 million for transportation, installation and tender-assisted drilling rig (TADR) services in Malaysia.
KUALA LUMPUR, Aug 4 (Bernama) -- MNRB Holdings Bhd has proposed to divest its 100 per cent equity interest in its wholly-owned units, Takaful Ikhlas Family Bhd (Takaful IKHLAS Family) and Takaful Ikhlas General Bhd (Takaful IKHLAS General), to Rakyat Nominees Sdn Bhd for RM1.64 billion in cash, subject to adjustments.
KUALA LUMPUR, Aug 4 (Bernama) -- Investment holding company Capital A Bhd recorded growth across several key business segments in the second quarter (2Q) of 2026, driven by stronger performance in its engineering, logistics and travel-platform businesses.
KUALA LUMPUR, Aug 4 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended slightly lower today due to profit-taking, despite gains on the US Commodity Exchange (COMEX).
By Abdul Hamid A Rahman
KUALA LUMPUR, Aug 4 (Bernama) -- The ringgit ended lower against the US dollar although it strengthened versus other major currencies on Tuesday, as the greenback remained supported by stronger-than-expected US manufacturing data.