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Ringgit Closes Lower Against Greenback Amid Continued Expectation For Fed Rate Hike

By K. Naveen Prabu

KUALA LUMPUR, June 19 (Bernama) -- The ringgit closed lower against the US dollar on Friday as persistent expectations of a possible US Federal Reserve (Fed) interest rate hike later this year continued to drive the greenback.

Businesses Should Identify Pain Points Amid Rising Uncertainty - Economist

KUALA LUMPUR, June 19 (Bernama) -- Malaysian businesses should identify their operational pain points before making strategic decisions as the business landscape becomes increasingly uncertain, said AmBank Group chief economist Firdaos Rosli.

KLCI Futures Close Slightly Lower

KUALA LUMPUR, June 19 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives closed slightly lower today in contrast with the cash market.

Bursa Malaysia Extends Winning Streak To Seven Sessions On Late Buying

By Siti Noor Afera Abu

KUALA LUMPUR, June 19 (Bernama) -- Bursa Malaysia’s composite index ended the week higher, extending its gains for a seventh consecutive session, supported by strong late-session buying in selected blue-chip counters.

Automotive Industry’s TIV Fell 15 Pct To 61,250 Units In May -- MAA

KUALA LUMPUR, June 19 (Bernama) -- Malaysia’s automotive industry recorded a 15 per cent decline in total industry volume (TIV), falling to 61,250 vehicles in May 2026, compared to 72,113 vehicles in April 2026.

SBS Nexus Harnesses AI Tools To Improve Efficiency And Client Outcomes

KUALA LUMPUR, June 19 (Bernama) -- Integrated marketing and branding services provider SBS Nexus Bhd does not view the rapid adoption of artificial intelligence (AI) as a threat to its business, but rather as an opportunity to improve efficiency and deliver greater value to clients.

Bursa Malaysia Ends Morning Session Lower

KUALA LUMPUR, June 19 (Bernama) -- Bursa Malaysia ended the morning trading session lower, weighed down by selling in heavyweight stocks, led by the financial services sector.

Malaysia’s Inflation Up 2.0 Pct In May 2026 -- DOSM

KUALA LUMPUR, June 19 (Bernama) -- Malaysia’s inflation increased 2.0 per cent in May 2026 with the index points rising to 137.1 from 134.4 versus a year ago, said the Statistics Department Malaysia (DOSM).

Selangor Plans To Expand SA500 To Assist Companies Affected By Supply Disruptions

SHAH ALAM, June 19 (Bernama) -- The Selangor state government plans to expand its Selangor Advance (SA500) programme to support the cash flow needs of companies involved in state infrastructure projects, including those undertaken at the district and local authority levels.

Malaysia’s Total Trade Rises 29.8 Pct To RM327.6 Bln In May 2026 -- DOSM

KUALA LUMPUR, June 19 (Bernama) -- Malaysia’s total trade in May 2026 rose by 29.8 per cent year-on-year to RM327.6 billion from RM252.5 billion a year ago, driven by stronger growth in both exports and imports, the Department of Statistics Malaysia (DOSM) said.

JTB To Acquire Asia DMC Operator EXO Travel

KUALA LUMPUR, June 19 (Bernama) -- JTB Corp has agreed to acquire all shares of Bangkok-based EXO Travel Group through a group company in the Asia-Pacific (APAC) region, strengthening its destination management capabilities and expanding its global travel network.

CIMB Introduces 'First Car Solution' Financing Package

KUALA LUMPUR, June 19 (Bernama) -- CIMB Bank Bhd is offering first-time car buyers a financing package that includes competitive financing rates, insurance or takaful protection, and CIMB credit cards, known as the "First Car Solution" programme.