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OCBC Malaysia, CGC Launch RM1.3 Bln Guarantee Facility To Boost SME Financing

KUALA LUMPUR, July 27 (Bernama) -- OCBC Malaysia has teamed up with Credit Guarantee Corporation Malaysia Bhd (CGC) to establish a RM1.3 billion guarantee facility aimed at improving financing access for small and medium enterprises (SMEs).

Sepang's Return Sparks Wave Of Nostalgia Across Formula 1

By Siti Radziah Hamzah

KUALA LUMPUR, July 27 (Bernama) -- Before Formula One (F1) cars return to the Sepang International Circuit (SIC) this October, Malaysia's comeback to the championship has already begun online.

Young Entrepreneur Turns RM100 Capital Into Thriving Jacket Potato Business

By Kamarul Halim M Kamal 

BATU PAHAT, July 27 (Bernama) -- Starting with just six baked potatoes sold outside his home each day, a young entrepreneur has grown his jacket potato business, also known as spud potato, to more than 250 servings daily, following an overwhelming response from customers.

Ringgit Opens Higher Vs US Dollar Ahead Of State Poll

By Karina Imran & Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, July 27 (Bernama) -- The ringgit opened higher against the US dollar on Monday, supported by positive domestic sentiment ahead of the Negeri Sembilan state election, although caution ahead of the US Federal Open Market Committee (FOMC) meeting capped gains.

Malaysia's F1 Return Offers Economic Upside

By Siti Radziah Hamzah

KUALA LUMPUR, July 26 (Bernama) -- Malaysia's hosting of the Formula 1 Gulf Air Bahrain Grand Prix (Bahrain GP) in October could provide an economic boost through tourism and related industries.

Decision On F1 Race In Malaysia Lies With Youth And Sports Ministry - Petronas

By Siti Radziah Hamzah

KUALA LUMPUR, July 25 (Bernama) -- Petroliam Nasional Bhd (Petronas) said the decision on whether Malaysia will once again host a Formula One (F1) race falls under the purview of the Ministry of Youth and Sports and relevant authorities.

Ringgit Seen Trading At RM4.08-RM4.10 Against US Dollar Next Week Ahead Of Fed Decision

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, July 25 (Bernama) -- The ringgit is expected to trade within the RM4.08-RM4.10 range against the greenback next week on caution ahead of key domestic and external events, namely the US interest rate decision and the Negeri Sembilan state election.

Ringgit Ends Slightly Lower Against Greenback Amid West Asia Tensions, US Tariffs

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, July 24 (Bernama) -- The ringgit closed marginally lower against the US dollar on Friday amid heightened uncertainty over crude oil prices following disruptions to vessel traffic in West Asia as well as the United States’ (US) latest move to impose tariffs on 60 countries, including Malaysia.

Bursa Malaysia Retreats As Market Digests Latest US Tariffs

By Engku Shariful Azni Engku Ab Latif & Harizah Hanim Mohamed

KUALA LUMPUR, July 24 (Bernama) -- Bursa Malaysia closed lower across the board on Friday, as investors assessed the impact of the United States’ latest tariffs on imports from 60 economies.

Strong Domestic Fundamentals Cap Rise In Malaysian Bond Yields Despite Global Headwinds -- Kenanga IB

KUALA LUMPUR, July 24 (Bernama) -- Strong domestic fundamentals have limited increases in Malaysian Government Securities (MGS) and Government Investment Issues (GII) yields, even as global yields rise due to ongoing tensions between the United States and Iran and persistent concerns regarding the Strait of Hormuz.

Malaysia's US$1.5 Bln Global Sukuk 4.7 Times Oversubscribed, Record-Low Spread

PUTRAJAYA, July 24 (Bernama) -- Strong investor demand drove a 4.7 times oversubscription for Malaysia’s US$1.5 billion Global Sukuk issuance, which was priced at a record-low spread, the Ministry of Finance (MOF) said.

Brent Remains Slightly Above US$100 Per Barrel On Escalating US-Iran Conflict

KUALA LUMPUR, July 24 (Bernama) -- Brent crude oil prices have remained above US$100 per barrel today amid the escalating United States-Iran conflict, reigniting fears over global energy supplies.