BNM To Issue Open Finance Exposure Draft Soon, Finalise Policy By Next Year -- Governor

KUALA LUMPUR, Aug 15 (Bernama) -- Bank Negara Malaysia (BNM) will release an Exposure Draft on Open Finance soon and finalise the policy by next year, with the first phase to be rolled out in the interim, subject to industry and public readiness.

Bursa Malaysia Poised For Gains After Stronger-than-expected GDP Growth In 2Q

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Aug 15 (Bernama) -- Bursa Malaysia is poised for gains today after Bank Negara Malaysia (BNM) announced that the Malaysian economy expanded by 4.4 per cent in the second quarter of 2025 (2Q 2025), equivalent to 4.4 per cent growth in the first half of 2025, said an analyst.

Malaysia's Economy Grows 4.4 Pct In 2Q 2025, Driven By Robust Domestic Demand

KUALA LUMPUR, Aug 15 (Bernama) -- The Malaysian economy expanded by 4.4 per cent in the second quarter of 2025 (2Q 2025), equivalent to 4.4 per cent growth in the first half of 2025, driven by robust domestic demand as household spending was higher.

Ringgit Retreats After Three Days Of Gains

By Siti Noor Afera Abu

KUALA LUMPUR, Aug 14 (Bernama) -- The ringgit closed lower today, snapping three consecutive days of gains as profit-taking emerged, with traders opting to lock in earlier gains.

Bursa Malaysia Retreats From 7-day Gains, Tracking Downbeat Regional Bourses

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Aug 14 (Bernama) -- Bursa Malaysia pulled back from a seven-day winning streak to close lower today due to profit-taking in line with the downbeat regional market performance.  

Bursa Malaysia Stays Lower At Midday, In Sync With Weaker Regional

KUALA LUMPUR, Aug 14 (Bernama) -- Bursa Malaysia stayed in the negative territory at midday, in tandem with the weaker regional market performance, weighed down by selling pressure in selected heavyweights. 

Ringgit Strengthens To 4.18 Vs US Dollar On Fed Rate Cut Hopes, Strong Domestic Fundamentals

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Aug 14 (Bernama) -- The ringgit strengthened to the 4.18 level versus the US dollar, marking its highest point in more than six weeks, buoyed by rising expectations of a United States (US) Federal Reserve (Fed) rate cut cycle and Malaysia’s resilient macroeconomic outlook.

Malaysia Urged To Boost Local Gold Refining To Curb Forex Outflow – Prominent Gold Retailer

KUALA LUMPUR, Aug 14 (Bernama) -- Malaysia must enhance its local gold refining capabilities to minimise the outflow of foreign exchange (forex) currently incurred by sending the precious metal to overseas facilities.

Cloud Computing Policy To Position Malaysia As Regional Hub By 2030 - Gobind

KUALA LUMPUR, Aug 13 (Bernama) -- Malaysia has reaffirmed its ambition to become a leading regional cloud and digital hub by 2030 with the launch of the National Cloud Computing Policy (NCCP), a pivotal step in the development of the country's digital ecosystem, said Digital Minister Gobind Singh Deo.

Bursa Malaysia Ends Higher As US-China Tariff Truce Lifts Sentiment

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Aug 12 (Bernama) -- Bursa Malaysia extended its upward momentum to close higher on Tuesday, boosted by news of the United States' (US) decision to extend its 90-day tariff truce with China until Nov 10, which lifted market sentiment. 

Malaysia’s 2Q 2025 GDP Growth Projected At 4.3 Pct On Sector Gains -- HLIB

KUALA LUMPUR, Aug 12 (Bernama) -- Malaysia's gross domestic product (GDP) growth for the second quarter of 2025 (2Q 2025) is projected to be at 4.3 per cent, driven by the agriculture sector’s recovery, and expansion in the services, manufacturing and construction sectors, said Hong Leong Investment Bank Bhd (HLIB).

Ringgit Up Against US Dollar, Major Currencies Ahead 2Q GDP Announcement

KUALA LUMPUR, Aug 12 (Bernama) -- The ringgit extended its uptrend against the US dollar and major currencies at the opening on Tuesday ahead of Malaysia’s second quarter 2025 gross domestic product (GDP) data to be released on Friday, said an analyst.