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Ringgit Opens Firmer Against Greenback As US Posts Weaker Consumer Confidence Data

KUALA LUMPUR, July 1 (Bernama) -- The ringgit was firmer against the US dollar in the early session, supported by weaker-than-expected US consumer confidence data that weighed on the greenback.

Maybank Indonesia Established As Financial Conglomerate Holding Company

JAKARTA, June 30 (Bernama) -- Maybank Indonesia's shareholders have approved the bank's establishment as the operational holding company of the Maybank Financial Conglomerate in Indonesia.

WTO Must Adapt To Current International Economic Realities — Johari Ghani

KUALA LUMPUR, June 30 (Bernama) -- The World Trade Organization (WTO) must adapt to the realities of today’s international economy to remain relevant amid intensifying competition and evolving global trade dynamics, said Investment, Trade and Industry Minister Datuk Seri Johari Abdul Ghani.

Ringgit Closes Lower Ahead of Key US Economic Data

By Abdul Hamid A Rahman

KUALA LUMPUR, June 30 (Bernama) -- The ringgit closed lower against the US dollar today as market participants stayed cautious ahead of key United States economic data due later tonight.

KL Rubber Market Ends Mixed Amid Regional Futures Gains

By Abdul Hamid A Rahman

KUALA LUMPUR, June 30 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Tuesday, supported by gains in regional rubber futures markets and a slightly weaker ringgit against the US dollar, a dealer said.

Sabah Needs Integrated Logistics Masterplan To Give Holistic Direction

LABUAN, June 30 (Bernama) -- Sabah needs an integrated logistics and transport master plan to address challenges at the structural level instead of relying on fragmented, project-by-project solutions, a logistics expert said.

 Malaysia's Next Economic Milestone: Can GDP Per Capita Reach US$20,000 By Early 2030s?

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, June 30 (Bernama) -- Malaysia has crossed another important economic milestone, with nominal gross domestic product (GDP) per capita surpassing the US$15,000 (US$1 = RM4.06) mark in 2026, according to the International Monetary Fund (IMF).

Malaysian Exporters Record RM160 Mln In Trade Leads At Korea Import Expo 2026

KUALA LUMPUR, June 30 (Bernama) -- The Malaysian delegation has secured export prospects of RM160 million at the recently concluded Korea Import Expo (KIE) 2026, outperforming the initial target of RM120 million, said the Malaysia External Trade Development Corporation (MATRADE). 

Digital Payment Provider Paydibs Eyes Southeast Asia, South Asia Expansion

By Fatin Umairah Abdul Hamid

 

KUALA LUMPUR, June 30 (Bernama) -- Homegrown Malaysian fintech company Paydibs Sdn Bhd is expanding into Southeast Asia and South Asia, with plans to enter Thailand, Indonesia and the Philippines by the end of this year, said its chief executive officer Tee Kean Kang.

EMGA Closes US$15 Mln Senior Debt Facility For CDB In Sri Lanka

KUALA LUMPUR, June 30 (Bernama) -- Emerging Markets Global Advisory LLP (EMGA) has closed a US$15 million senior debt facility for Citizens Development Business Finance PLC (CDB), marking a milestone in strengthening Sri Lanka’s financial sector and supporting sustainable growth. (US$1=RM4.06)

Ringgit Higher Against Greenback In Early Trade, Tracks Weaker US Dollar Index

KUALA LUMPUR, June 30 (Bernama) -- The ringgit was higher against the US dollar in the early session today, tracking a weaker US dollar index (DXY) as traders positioned ahead of key US labour market and consumer confidence data.

Subsidy Rationalisation To Safeguard MSME Margins, Malaysia's Competitiveness - MITI

KUALA LUMPUR, June 29 (Bernama) -- Subsidy rationalisation can help safeguard the profit margins of micro, small and medium enterprises (MSMEs) and preserve Malaysia’s competitiveness if implemented gradually, in a targeted manner and accompanied by comprehensive support measures.