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Ge-Shen Unit Disposes Of Land In Johor For RM35.50 Mln

KUALA LUMPUR, July 7 (Bernama) -- Ge-Shen Corp Bhd’s wholly owned subsidiary, Ge-Shen Plastic (M) Sdn Bhd, has entered into a sale and purchase agreement with Plastico Sdn Bhd to dispose of five parcels of freehold land located in Tebrau, Johor, for RM35.50 million.

Ringgit Ends Higher On Weaker Greenback, Firmer Oil

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, July 7 (Bernama) -- The ringgit closed higher against the US dollar today, tracking gains in regional currencies as a weaker greenback and firmer crude oil prices lifted sentiment, an analyst said.

KLCI Futures Finish Lower

KUALA LUMPUR, July 7 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives ended lower today, tracking the softer underlying cash market. 

BNM To Keep OPR Unchanged At 2.75 Pct -- Economists

By Karina Imran

KUALA LUMPUR, July 7 (Bernama) -- Bank Negara Malaysia (BNM) is expected to maintain the overnight policy rate (OPR) at 2.75 per cent at its Monetary Policy Committee (MPC) meeting, supported by resilient external sector performance, moderate domestic demand and manageable inflationary risks, said economists.

Govt Revamping NCM Scheme For Automotive Industry, Targets Implementation Next Year

SERENDAH, July 7 (Bernama) --  The government is revamping the New Customised Incentive Mechanism (NCM) for the automotive industry, intending to implement it next year after completing consultations with the relevant ministries, agencies, and industry players.

MCE Auto Hub To Advance Higher-Value Automotive Manufacturing In Malaysia

SERENDAH, July 7 (Bernama) -- MCE Holdings Bhd expects its newly launched MCE Auto Hub here to accelerate Malaysia’s transition towards higher-value automotive manufacturing by strengthening local capabilities in the design, engineering and production of advanced automotive electronics.

Bursa Malaysia Ends Marginally Lower On Mild Profit-Taking

By Danni Haizal Danial Donald

KUALA LUMPUR, July 7 (Bernama) -- Bursa Malaysia ended marginally lower on Tuesday as investors engaged in mild profit-taking following the recent rebound in the local market, in line with softer performances across regional markets.

Gov't Focuses On Better Aid Delivery Amid Ageing Population Challenge - Akmal Nasrullah

KUALA LUMPUR, July 7 (Bernama) -- The government is focusing on preventing exclusion errors, or eligible individuals being left out of assistance programmes, as part of preparations to address the challenges of an ageing population.

Bursa Malaysia Ends Morning Session Lower Amid Heavyweight Sell-off

KUALA LUMPUR, July 7 (Bernama) -- Bursa Malaysia ended the morning session lower today, as continued selling activities in heavyweight stocks, particularly financial counters, weighed on market sentiment.

RNG Tech To Deploy Over 800 Massage Chairs In Malaysia, Four ASEAN Countries To Drive Expansion

KUALA LUMPUR, July 7 (Bernama) --  RNG Tech Bhd aims to deploy more than 800 self-service massage chairs across Malaysia and four ASEAN countries this year as part of its expansion strategy after its listing on the ACE Market of Bursa Malaysia.

AIA Infinite Meets Growing High-Net-Worth Demand For Integrated Wealth Solutions

By K. Naveen Prabu

KUALA LUMPUR, July 7 (Bernama) -- AIA Malaysia is strengthening its presence in the high-net-worth (HNW) segment through AIA Infinite, which supports wealth preservation, legacy planning and multi-generational financial continuity as clients navigate an increasingly complex and globalised financial environment.

KLCI Futures Lower In Early Trade

KUALA LUMPUR, July 7 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contracts opened lower on Bursa Malaysia Derivatives today.