Ringgit Set To Trade Between 3.94 And 3.96 Against US Dollar Next Week
KUALA LUMPUR, May 16 (Bernama) -- The ringgit is expected to trade within a narrow range of between RM3.94 and RM3.96 against the US dollar next week.
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KUALA LUMPUR, May 16 (Bernama) -- The ringgit is expected to trade within a narrow range of between RM3.94 and RM3.96 against the US dollar next week.
KUALA LUMPUR, May 15 (Bernama) -- Malaysia’s external position should remain resilient despite heightened geopolitical uncertainty and the ongoing US-Iran conflict, said Kenanga Investment Bank Bhd.
By Abdul Hamid A Rahman
KUALA LUMPUR, May 15 (Bernama) -- The ringgit closed mostly higher against major currencies after Bank Negara Malaysia announced that Malaysia’s economy expanded by 5.4 per cent in the first quarter of 2026 (1Q 2026), exceeding the advance estimate of 5.3 per cent, driven by robust domestic demand, investment activities and exports.
KUALA LUMPUR, May 15 (Bernama) -- SBC Medical Group Holdings Incorporated (SBC Medical) reported total revenue of US$43 million for the first quarter ended March 31, 2026, down nine per cent year-on-year, mainly due to changes in its franchise fee structure implemented last year. (US$1=RM3.93)
KUALA LUMPUR, May 15 (Bernama) -- Bank Negara Malaysia (BNM) has already priced in potential scenarios from the ongoing West Asia conflict into its 2026 growth and inflation forecasts, Governor Datuk Seri Abdul Rasheed Ghaffour said today.
KUALA LUMPUR, May 15 (Bernama) -- Malaysia’s firm economic prospects and sustained reform momentum are expected to provide enduring support to the ringgit, while external factors will continue to drive exchange rate movements, said Bank Negara Malaysia (BNM).
LABUAN, May 15 (Bernama) -- The unresolved conflict involving Iran is expected to indirectly drive more active oil drilling activities in Sabah waters, said Labuan Chamber of Commerce (LCC) Oil and Gas Bureau chairman Masnawi Nawe.
From Mohd Khairi Idham Amran
NEW DELHI, May 14 (Bernama) -- Malaysia is seeking to strengthen strategic collaboration with India across several high-potential sectors, including semiconductors, renewable energy, human resource development and tourism, said Malaysian High Commissioner to India Datuk Muzafar Shah Mustafa.
From Nurunnasihah Ahmad Rashid
KAZAN (Russia), May 14 (Bernama) — Media practitioners has expressed the need for ethical and human-centric use of artificial intelligence (AI) to safeguard cultural heritage, media integrity and public trust amid rapid digital transformation, during the “Heritage Code: The Digital Evolution of Meanings” media forum.
KUALA LUMPUR, May 14 (Bernama) -- FIDO Alliance announced global passkey usage has reached an estimated five billion, reflecting accelerating adoption of passwordless sign-in technologies ahead of Authenticate APAC 2026 in Singapore on June 2 and 3.
KUALA LUMPUR, May 14 (Bernama) — Malaysia’s property market activity remained stable with a moderate growth in the first quarter of 2026 (1Q 2026), with transactions totalling 89,966 worth RM51.9 billion, according to the Valuation and Property Services Department (JPPH) Director-General Abdul Razak Yusak.
PUTRAJAYA, May 14 (Bernama) -- Malaysia’s labour demand grew by 1.8 per cent year-on-year (y-o-y), reaching 9.23 million jobs in the first quarter of this year, according to the Employment Statistics for Q1 2026 released by the Department of Statistics Malaysia (DOSM) today.