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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.

Bursa Malaysia Lower At Midday As It Tracks Wall St Weakness

KUALA LUMPUR, July 21 (Bernama) -- Bursa Malaysia ended the morning session in negative territory, tracking the weaker performance on Wall Street overnight.

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. 

PCEB Partners With Six Institutions To Strengthen Business Events Talent

GEORGE TOWN, July 21 (Bernama) – The Penang Convention & Exhibition Bureau (PCEB) today formalised its strategic partnership with six institutions of higher learning to strengthen the talent pipeline for Malaysia’s business events industry.

Agrobank Launches First Shariah-Compliant Financing For Paddy Farmers

KOTA KINABALU, July 21 (Bernama) -- Agrobank has introduced a shariah-compliant financing facility specifically designed to help paddy farmers nationwide finance their paddy cultivation operating costs in a more systematic, sustainable and inclusive manner.

OCBC Malaysia Wins FinanceAsia SME Bank Award For Third Year

KUALA LUMPUR, July 21 (Bernama) -- OCBC Bank (Malaysia) Bhd (OCBC Malaysia) was named Best Bank for small and medium-sized enterprises (SMEs) in the Malaysia international category at the FinanceAsia Awards 2026, marking its third consecutive win.

Dewan Rakyat Passes KWAN 2026, Statistics 2026 Bills To Strengthen Governance, Modernise Legal Framework

KUALA LUMPUR, July 21 (Bernama) -- The Dewan Rakyat sitting, which was adjourned on July 16, 2026, saw the passage of the National Trust Fund (KWAN) Bill 2026 and the Statistics Bill 2026, aimed at strengthening more disciplined withdrawals and clearer governance, as well as establishing a more modern and comprehensive legal framework.

Sabah Collects RM1.38 Bln In State Sales Tax As Of June

KOTA KINABALU, July 21 (Bernama) -- Sabah’s state sales tax collection for the main sectors as of June 30 this year stood at RM1.38 billion, the State Legislative Assembly was told today.

Malaysia’s 2026 TIV Forecast Revised Up To 800,000 Units On Stronger Demand -- MAA

KUALA LUMPUR, July 21 (Bernama) -- Malaysia’s total industry volume (TIV) is now projected to reach 800,000 units in 2026, up from the earlier forecast of 790,000 units, driven by stronger-than-expected demand, according to the Malaysian Automotive Association (MAA).

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.