Ringgit Extends Gain Vs US Dollar In Opening Trade

KUALA LUMPUR, July 21 (Bernama) -- The ringgit continued to strengthen against the US dollar at the opening session on Monday, continuing from last Friday, as the Malaysian economy was projected to grow higher in the second quarter, signalling that the country’s economy remains resilient.

Sabah Blue Economy On Track To Yield RM3.25 Bln Annually From Marine Harvests

KOTA KINABALU, July 20 (Bernama) -- The Sabah Blue Economy is estimated to yield 491,000 tonnes of marine harvests such as fish and prawns annually, with a value of RM3.25 billion, said Chief Minister Datuk Seri Hajiji Noor.

Market Jitters To Set Tone For Ringgit Next Week, With RM4.24-RM4.26 Range Expected

By Harizah Hanim Mohamed

KUALA LUMPUR, July 19 (Bernama) -- The ringgit is expected to hover around RM4.24 to RM4.26 next week amid mixed signals in the market.

Ringgit Rebounds To Close Higher On Better-Than-Expected 2Q GDP Forecast

By Harizah Hanim Mohamed

KUALA LUMPUR, July 18 (Bernama) -- The ringgit rebounded from recent losses to end higher against the US dollar on Friday, supported by a better-than-expected forecast of Malaysia's second quarter growth, which signalled that the domestic economy remains resilient amid external uncertainties.

Ringgit Strengthens On Expectations Of US Fed Rate Cut

KUALA LUMPUR, July 18 (Bernama) -- The ringgit opened firmer against the US dollar on Friday as traders shied away from the greenback amid growing anticipation of an interest rate cut by the US Federal Reserve (Fed), said an analyst.

MSE's RM90 Mln Matching Fund Launched To Position M'sia As Advanced Semiconductor Packaging Hub

KUALA LUMPUR, July 17 (Bernama) -- Malaysia’s Science Endowment matching fund for the semiconductor sector amounting to RM90 million, has been launched to position the country as a global hub in advanced packaging technology, an area currently dominated by a handful of countries such as Taiwan.

Ringgit Slips Further vs Greenback On Continued Uncertainty About US Tariffs

By Harizah Hanim Mohamed

KUALA LUMPUR, July 17 (Bernama) -- The ringgit slipped further against the greenback on Thursday on continued uncertainty about US tariffs.

Brahim's Optimistic On New Clients, Global Halal Expansion

BANGI, July 17 (Bernama) -- Brahim's Holdings Bhd is steadily rebuilding its inflight catering business while expanding its presence in the global halal food segment, said its executive chairman, Datuk Seri Ibrahim Ahmad.

Increasing R&D Investment Key To High-income, Competitive Nation - MOSTI

KUALA LUMPUR, July 17 (Bernama) -- Increasing investment in research and development (R&D) is key to transforming Malaysia into a high-income and competitive nation, according to the Ministry of Science, Technology and Innovation (MOSTI).

Malaysia Stands 55 Pct Chance Of Lower US Tariffs At 15-19 Pct -- Apex Securities

KUALA LUMPUR, July 17 (Bernama) -- Malaysia stands a 55 per cent chance of reducing the final United States (US) tariff to a 15 per cent-19 per cent range from the current 25 per cent, if positive trade agreements are reached, said Apex Securities Bhd.

SCCCI, Maybank Ink MoU To Drive Cross-Border Trade, Investment Opportunities In JS-SEZ

KUALA LUMPUR, July 17 (Bernama) -- The Singapore Chinese Chamber of Commerce and Industry (SCCCI) and Maybank Singapore Ltd have signed a memorandum of understanding (MoU) to strengthen cross-border business collaboration.

Maybank IB Expects BNM To Maintain OPR Rate At 2.75 Pct Until Year-end

KUALA LUMPUR, July 17 (Bernama) -- Maybank Investment Bank Bhd (Maybank IB) expects Bank Negara Malaysia (BNM) to keep the overnight policy rate (OPR) at 2.75 per cent for the rest of the year after the 25 basis points reduction on July 9.