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Ringgit Closes Higher Against Major, Regional Currencies

By Abdul Hamid A Rahman

KUALA LUMPUR, July 13 (Bernama) -- The ringgit ended higher against major and regional currencies, including the US dollar, on Monday amid continued geopolitical uncertainties in West Asia.

Indonesia's B50 Mandate Opens Growth Opportunities For Malaysian Palm Oil - MPOC

By Danni Haizal Danial Donald

KUALA LUMPUR, July 13 (Bernama) -- The recent launch of Indonesia's nationwide rollout of the B50 biodiesel mandate presents an opportunity for Malaysia to strengthen its existing palm oil markets while expanding its market share in selected destinations.

Ringgit Opens Slightly Lower Vs Greenback Amid Fragile West Asia Ceasefire

KUALA LUMPUR, July 13 (Bernama) -- The ringgit opened slightly lower against the US dollar on Monday amid uncertainties over the free flow of vessels through the Strait of Hormuz and the resilience of the United States economy, an analyst said.

Malaysia-Indonesia Halal Trade Projected To Top US$29 Bln This Year

JAKARTA, July 12 (Bernama) -- Malaysia-Indonesia bilateral trade is projected to grow by 10 per cent this year to US$29.3 billion (US$1=RM4.07), supported by expanding cooperation in the halal sector and stronger market access between the two countries.

Southeast Asia’s Next Growth Cycle To Be Driven By ‘Fabulous Five’ - Economist

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, July 12 (Bernama) -- Southeast Asia’s next growth cycle will not be written by one economy, one commodity cycle or one manufacturing corridor, but will instead be shaped by five economies, namely Malaysia, Indonesia, Thailand, the Philippines and Vietnam.

Indonesia’s Creative Sector Leverages AI Solutions, Opens Doors For Selangor Collaboration

BANDUNG, July 11 (Bernama) -- The visit to Indonesia’s creative industry under the Selangor International Business Summit (SIBS)@ASEAN highlighted how artificial intelligence (AI) is becoming a supporting infrastructure for everyday life, as Selangor and Indonesia explore opportunities for collaboration and the deployment of AI solutions across industries.

CPO Futures Seen Trading With Bearish Bias Next Week Amid Weak External Cues

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, July 11 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to trade with a bearish bias next week as weaker soybean oil and crude oil prices continue to weigh on market sentiment.

Ringgit Expected To Trade Within Narrow Range Against US Dollar Next Week

KUALA LUMPUR, July 11 (Bernama) -- The ringgit is expected to trade within a narrow range between RM4.05 and RM4.07 against the US dollar next week as investors await the release of the United States Consumer Price Index (CPI) report next Tuesday, which could set the tone for global financial markets, said analysts.

Ringgit Ends Firmer As Safe Haven Demand For US Dollar Fades

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, July 10 (Bernama) -- The ringgit ended the week on a stronger note against the US dollar on Friday, as safe-haven demand for the greenback faded.

Selangor Eyes September Groundbreaking For Carey Island Port, Reviews Potential Operators

By Harizah Hanim Mohamed

BANDUNG, July 10 (Bernama) -- Selangor is ready to break ground on the proposed third port terminal on Carey Island as early as September, subject to the Ministry of Transport's (MOT) approval of the port licence, as the state reviews potential operators for the terminal, Menteri Besar Datuk Seri Amirudin Shari said.

MBI Wants Malaysia, Indonesia To Emerge As Major Integrated Circuit Producers

From Harizah Hanim Mohamed

BANDUNG, July 10 (Bernama) --  Menteri Besar Selangor Incorporated (MBI) wants to see the semiconductor industry in Malaysia and Indonesia grow more rapidly, with both countries developing into major producers of integrated circuits (ICs), said group chief executive officer Datuk Saipolyazan M Yusop.

Ringgit Opens Slightly Higher Vs Greenback Amid Strait Of Hormuz Tension

KUALA LUMPUR, July 10 (Bernama) -- The ringgit opened slightly higher against the US dollar on Friday amid continued caution over vessel movements in the Strait of Hormuz as investors monitored geopolitical tension.