LATEST NEWS   Gemas-Mentakab railway track upgrading project completed at RM41.7 mln cost - Loke | Penang approves one-off RM500 Bantuan Sara Hidup for 6,572 eligible padi and vegetable farmers - Chow | Sukuk proceeds will fund the government's Shariah-compliant purposes, including development expenditure and refinancing existing obligations – MOF | The strong demand for Malaysian US$1.5 bln sukuk issuance reflects continued investor confidence in the country's fiscal and economic reform agenda – MOF | Malaysia's US$1.5 bln global sukuk 4.7 times oversubscribed, with peak orderbook exceeding US$9.5 bln -- MOF | 

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Ringgit Rises As Fed Minutes Weigh On US Dollar 

KUALA LUMPUR, July 9 (Bernama) -- The ringgit opened firmer against the US dollar on Thursday as the greenback weakened after the release of minutes from the US Federal Open Market Committee (FOMC) meeting.

France Ready To Assist Malaysia To Develop Civil Nuclear Energy

KUALA LUMPUR, July 8 (Bernama) -- France is ready to collaborate with Malaysia on civil nuclear energy development if Malaysia decides to pursue this option as part of its energy transition efforts, said French Minister Delegate for Foreign Trade and Economic Attractiveness Nicolas Forissier.

AI-Enabled Grid Should Drive Malaysia’s Energy Transition - Industry Expert

KUALA LUMPUR, July 8 (Bernama) -- Malaysia’s energy transition will depend not only on expanding generation capacity but also on its ability to build a smarter, more integrated and more resilient power grid, an industry expert said.

CPO Futures End Higher On Firmer Crude Oil Prices

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, July 8 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended higher on Wednesday, supported by firmer crude oil prices amid heightened geopolitical tensions in West Asia.

Chin Hin Plans RM3.60 Bln GDV Golden Triangle Project Via RM455 Mln Land Acquisition

KUALA LUMPUR, July 8 (Bernama) -- Chin Hin Group Property Bhd (CHGP) plans to develop a mixed-use project with an estimated gross development value (GDV) of RM3.60 billion in Kuala Lumpur's Golden Triangle and a total development cost (TDC) of RM2.72 billion.

Infomina Secures RM21.12 Million JPJ Contract For ICT Infrastructure Support Services

KUALA LUMPUR, July 8 (Bernama) -- Infomina Bhd secured a RM21.12 million information and communications technology (ICT) maintenance and technical support services contract from the Road Transport Department (JPJ).

Ringgit Ends Higher Against Most Major Currencies, Weaker Versus US Dollar

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, July 8 (Bernama) -- The ringgit closed higher today, strengthening against major currencies but easing against the US dollar as persistent geopolitical tensions in West Asia boosted demand for the safe-haven greenback, said an analyst. 

KLCI Futures Close Lower

KUALA LUMPUR, July 8 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives ended lower today.

Petronas Advances TriCipta AI Through Third JDA with IBM, Tridiagonal.AI

KUALA LUMPUR, July 8 (Bernama) -- Petronas Carigali Sdn Bhd has signed the third joint development agreement (JDA) with IBM Malaysia Sdn Bhd (IBM) and Tridiagonal.AI Pvt Ltd (T.AI) to advance its flagship TriCipta AI across the upstream value chain.

MADANI Govt Continues Working With BNM, Banking Industry To Ensure Financial System Remains Stable

KUALA LUMPUR, July 8 (Bernama) -- The MADANI government will continue to work closely with Bank Negara Malaysia (BNM) and the banking industry to ensure the country’s financial system remains stable, inclusive, and people-centred.

Rubber Market Ends Mixed, Tracking Regional Futures

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, July 8 (Bernama) -- The Kuala Lumpur rubber market closed mixed today, tracking regional rubber futures markets amid concerns over temporary supply disruptions in Thailand and a weaker ringgit against the US dollar.

Late Buying Lifts Bursa Malaysia To Close Slightly Higher

By Danni Haizal Danial Donald

KUALA LUMPUR, July 8 (Bernama) -- Late buying interest lifted Bursa Malaysia to a slightly higher close on Wednesday, reversing earlier losses and bucking the mixed performance across regional markets.