search
Malaysian ringgit
Trends
- 1Maybank first in Singapore to offer ringgit accounts to corporatesโMaybank is the first bank in Singapore to let eligible Singapore-based corporate clients receive, hold, and transact in
Maybank has become the first bank in Singapore to allow eligible Singapore-based corporate clients to receive, hold and transact in Malaysian ringgit. The move is designed to speed up cross-border trade and investment between Singapore and Malaysia, cutting currency friction for businesses and supporting deeper economic integration between the two neighbouring economies.
- 2
OCBC will become the first non-Malaysian bank to allow Singapore-based savings accounts to hold Malaysian ringgit, starting October 23. The move lets customers hold the currency directly in their accounts. In separate news, some OCBC customers reported difficulties accessing online and mobile banking services, drawing attention to the bank on both counts.
- 3Maybank expands ringgit current accounts to Singapore corporate clientsโMaybank perluas akaun semasa ringgit kepada pelanggan korporat Singapura #BHbisnes Membolehkan syarikat berpangkalan di
Malayan Banking (Maybank) is extending its ringgit current account offering to corporate customers in Singapore. Companies based in Singapore will be able to receive, hold and carry out transactions in Malaysian ringgit, simplifying trade and investment flows between Malaysia and Singapore. The move is aimed at easing cross-border business dealings between the two neighbouring economies.
- 4OCBC promotes global savings account in Malaysian ringgitโผocbc global savings account malaysian ringgit
OCBC is drawing attention to its Global Savings Account offering denominated in Malaysian ringgit, a product that lets savers hold funds in the currency across borders. The bank's move comes amid ongoing interest from Singapore-based customers in multi-currency savings options and cross-border wealth management between Singapore and Malaysia, where ringgit deposit demand remains a talking point for savers and investors.
- 5
Malaysian and Singapore authorities report a string of smuggling interceptions. Customs seized chips worth 49.5 million ringgit at a Malaysian airport, disguised as electronic components inside 30 servers bound for transit through Malaysia, potentially usable for weapons development. Separately, a couple was stopped at the Johor checkpoint carrying 3 million ringgit in undeclared cash, with 2.92 million Singapore dollars seized. Officials say chip smuggling attempts have been detected five times this year.
- 6Maybank Launches Ringgit Corporate Current Account for Currency ConversionโThe Ringgit Corporate Current Account lets businesses with a Maybank current account convert Singapore dollars or other
Maybank has introduced the Ringgit Corporate Current Account, allowing businesses holding a Maybank current account to convert Singapore dollars and other foreign currencies into Ringgit. The converted funds can be used for approved business and investment activities in Malaysia, such as settling trade transactions and paying suppliers, simplifying cross-border payments for companies operating between Singapore and Malaysia.
- 7Viral Korean convenience store draws crowds in MalaysiaโI spent 100 at VIRAL Korean CVS Store in Malayasia ! ๐ฑ๐ฒ๐พ
A Korean-style convenience store is going viral in Malaysia, with visitors filming themselves spending around 100 ringgit on Korean snacks, drinks and lifestyle products. Food vloggers are sharing haul-style reviews of the store's offerings, and the trend is drawing curiosity among viewers wondering whether the imported products and prices are worth the hype.
- 8Malaysia ringgit flexibility extended to corporate clientsโCorporate clients can also buy and hold ringgit in advance of scheduled payments, giving them more flexibility and contr
Malaysian authorities are allowing corporate clients to buy and hold ringgit in advance of scheduled payments, giving companies greater flexibility and control over foreign currency needs. The move comes alongside news that Singapore is Malaysia's largest immediate source of approved private investments, contributing RM93 billion in 2025, underscoring deepening financial and investment ties between the two neighbours.
- 9
Oversea-Chinese Banking Corporation will allow Singapore-based savings account holders to hold and manage Malaysian ringgit from October 23, according to the Business Times. The move gives customers a way to keep ringgit alongside Singapore dollars without a separate Malaysian account, drawing attention from commuters and businesses with cross-border ties.
- 10
The Malaysian ringgit has strengthened against the US dollar after the Federal Reserve signalled a possible shift in its interest rate outlook. Investors read the Fed's messaging as a sign rate cuts may come sooner, weakening the dollar and lifting Asian currencies. Traders are watching upcoming US inflation and employment data for confirmation of the policy turn.
- 11Indonesians alarmed as Singapore dollar hits 14,000 rupiahโstress kali aku liat berita ini tiap hari ada aja kelakuan oemerintah. dollar sg udah 14rb, ringgit udah 4rban. YA ALLAH
An Indonesian living abroad voices frustration over the weakening rupiah, noting the Singapore dollar has reached around 14,000 rupiah and the Malaysian ringgit around 4,000. The comment reflects wider anxiety among Indonesians about the currency's decline and dissatisfaction with the government's handling of economic news dominating daily headlines.