Bursa Malaysia Closes Lower Amid Renewed West Asia Tensions

By Danni Haizal Danial Donald

KUALA LUMPUR, July 9 (Bernama) -- Bursa Malaysia closed lower on Thursday as renewed geopolitical tensions in West Asia weighed on investor sentiment.

Selangor, West Java Strengthen Economic Cooperation Through SIBS@ASEAN

By Harizah Hanim Mohamed

BANDUNG, July 9 (Bernama) -- Selangor wants to build trade relations and enhance connections between investors in the state and West Java, Indonesia, to drive stronger economic growth for both parties, said Selangor Menteri Besar Datuk Seri Amirudin Shari.

MIDA, Perodua Organise ESG Awareness Session For Local Automotive Vendors

KUALA LUMPUR, July 9 (Bernama) -- The Malaysian Investment Development Authority (MIDA) and Perusahaan Otomobil Kedua Sdn Bhd (Perodua) today organised an Environmental, Social and Governance (ESG) Awareness Session for local automotive vendors.

Malaysia Airlines Expands China Network With Direct Flights To Shenzhen, Changsha

PUTRAJAYA, July 9 (Bernama) -- Malaysia Airlines Bhd has expanded its network in China with the launch of direct services from Kuala Lumpur to Shenzhen and Changsha, bringing the total number of destinations served by the airline in the country to nine.

Foreign Investors Return To Malaysian Bonds With RM4.9 Bln Inflow In June - Kenanga IB

KUALA LUMPUR, July 9 (Bernama) -- Foreign investors returned to the Malaysian bond market in June, recording net inflows of RM4.9 billion compared with net outflows of RM4.3 billion in May, supported by easing geopolitical tensions and continued confidence in the country’s economic fundamentals, according to Kenanga Investment Bank Bhd (Kenanga IB).

Bank Negara Maintains OPR At 2.75 Pct

KUALA LUMPUR, July 9 (Bernama) -- Bank Negara Malaysia (BNM) has maintained its Overnight Policy Rate (OPR) at 2.75 per cent today, for the seventh consecutive period.

Govt's Total 1MDB Obligation Amounts To RM51.4 Bln — MoF

KUALA LUMPUR, July 9 (Bernama) -- The government's total liabilities arising from 1Malaysia Development Bhd (1MDB), including those already settled and those still outstanding, amount to RM51.4 billion, said Deputy Finance Minister Liew Chin Tong.

Thai PM Anutin Optimistic Of Achieving US$30 Bln Trade Target With Malaysia By 2027

KUALA LUMPUR, July 9 (Bernama) -- Thailand is confident of achieving its US$30 billion (US$1=RM4.073) bilateral trade target with Malaysia by 2027, Prime Minister Anutin Charnvirakul said.

Bursa Malaysia Lower At Midday Ahead Of OPR Announcement

KUALA LUMPUR, July 9 (Bernama) -- Bursa Malaysia remained lower at midday on Thursday, as market sentiment stayed cautious ahead of Bank Negara Malaysia’s (BNM) overnight policy rate (OPR) decision later today.

SRKK AI Eyes Revenue Contribution From Indonesia Within Three Years

KUALA LUMPUR, July 9 (Bernama) -- Digital transformation solutions provider SRKK AI Bhd expects its expansion into Indonesia to begin making a meaningful contribution to the group’s revenue within three years, following its listing on the ACE Market of Bursa Malaysia.

Economy To Remain Robust On Data Centre, Digital Infrastructure Investments -- SAMENTA

KUALA LUMPUR, July 9 (Bernama) -- Malaysia’s economy is expected to remain robust, fortified by massive incoming investments in data centres and digital infrastructure, said Small and Medium Enterprises Association of Malaysia (SAMENTA).

Bursa Malaysia Opens Lower Amid West Asia Uncertainty

KUALA LUMPUR, July 9 (Bernama) -- Bursa Malaysia opened lower on Thursday, reversing the previous session's gains as escalating tensions in West Asia weighed on investor sentiment.