12h ago
KUALA LUMPUR, July 14 (Bernama) -- The ringgit closed easier against the US dollar on Monday, tracking the performance of its regional peers, as market sentiment remained extremely guarded while the foreign exchange market navigated a period of economic uncertainties.
16h ago
KUALA LUMPUR, July 14 (Bernama) -- Malaysia’s flagship financial technology (fintech) event MyFintech Week (MyFW) returns for its third edition from Aug 4-7, 2025, as the country assumes the ASEAN chairmanship, underscoring its commitment to regional cooperation in driving digital financial transformation.
19h ago
KUALA LUMPUR, July 14 (Bernama) -- ASEAN-6 gross domestic product (GDP) growth is expected to moderate to 4.4 per cent in 2025 and 2026 from 4.9 per cent in 2024, according to Maybank Investment Bank Bhd (Maybank IB).
20h ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, July 14 (Bernama) -- GX Bank Bhd said the overnight policy rate (OPR) cut to 2.75 per cent from three per cent could potentially address the household debt service ratio while providing a reprieve in disposable income.
22h ago
KUALA LUMPUR, July 14 (Bernama) -- The ringgit opened higher against the US dollar on Monday, lifted by concerns over Washington’s plan to impose tariffs on three major trading partners from Aug 1, 2025.
1d ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, July 13 (Bernama) -- Malaysia’s brisk ringgit-denominated transactions will continue to entrench the local currency as among the top 20 currencies globally, a top wealth management company official said today.
2d ago
KUALA LUMPUR, July 12 (Bernama) -- As global trade tensions continue to rise, the 58th ASEAN Foreign Ministers’ Meeting (AMM) and Related Meetings wrapped up its four days of talks in Kuala Lumpur on Friday, July 11, with the United States’ (US) sweeping tariff hikes becoming a major talking point among regional leaders.
2d ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, July 12 (Bernama) -- The ringgit is expected to remain volatile next week, moving in the range between 4.24 and 4.26 against the US dollar, an analyst said.
3d ago
By Samantha Tan
KUALA LUMPUR, July 11 (Bernama) -- The United States (US) has dismissed concerns that its newly announced global tariffs could alienate ASEAN partners, reiterating that the measures are necessary to address long-standing trade imbalances.
3d ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, July 11 (Bernama) -- The ringgit ended the week lower against the US dollar on Friday as stronger US economic data fuelled demand for the greenback.
3d ago
KUALA LUMPUR, July 11 (Bernama) -- The emergence of more ASEAN-based multinational corporations (MNCs) with strong ties to United States (US) companies could be key to navigating current economic challenges and shaping a new regional growth framework.
3d ago
KUALA LUMPUR, July 11 (Bernama) -- The Singapore Malay Chamber of Commerce and Industry (SMCCI) has signed a memorandum of understanding (MOU) with Maybank Singapore Ltd to advance Halal-focused initiatives and support the growth of small and medium enterprises (SMEs) in both countries.