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Ringgit Opens Slightly Lower Vs Greenback Amid Fragile West Asia Ceasefire

KUALA LUMPUR, July 13 (Bernama) -- The ringgit opened slightly lower against the US dollar on Monday amid uncertainties over the free flow of vessels through the Strait of Hormuz and the resilience of the United States economy, an analyst said.

Southeast Asia’s Next Growth Cycle To Be Driven By ‘Fabulous Five’ - Economist

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, July 12 (Bernama) -- Southeast Asia’s next growth cycle will not be written by one economy, one commodity cycle or one manufacturing corridor, but will instead be shaped by five economies, namely Malaysia, Indonesia, Thailand, the Philippines and Vietnam.

Indonesia’s Creative Sector Leverages AI Solutions, Opens Doors For Selangor Collaboration

BANDUNG, July 11 (Bernama) -- The visit to Indonesia’s creative industry under the Selangor International Business Summit (SIBS)@ASEAN highlighted how artificial intelligence (AI) is becoming a supporting infrastructure for everyday life, as Selangor and Indonesia explore opportunities for collaboration and the deployment of AI solutions across industries.

CPO Futures Seen Trading With Bearish Bias Next Week Amid Weak External Cues

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, July 11 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to trade with a bearish bias next week as weaker soybean oil and crude oil prices continue to weigh on market sentiment.

Gold Futures Likely To Trade Higher Next Week

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, July 11 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to trade higher next week ahead of the release of the the United States Consumer Price Index (CPI) report next Tuesday, an analyst said.

Ringgit Expected To Trade Within Narrow Range Against US Dollar Next Week

KUALA LUMPUR, July 11 (Bernama) -- The ringgit is expected to trade within a narrow range between RM4.05 and RM4.07 against the US dollar next week as investors await the release of the United States Consumer Price Index (CPI) report next Tuesday, which could set the tone for global financial markets, said analysts.

Bursa Malaysia Likely To Trade Within Narrow Band Next Week Ahead Of Key Economic Data

By Danni Haizal Danial Donald

KUALA LUMPUR, July 11 (Bernama) -- Bursa Malaysia is expected to trade within a narrow band next week as investors navigate a packed calendar ahead of key economic data releases amid persistent geopolitical uncertainty.

Advancecon Unit Secures RM121.66 Mln Data Centre ORS Project In Port Dickson

KUALA LUMPUR, July 10 (Bernama) -- Advancecon Holding Bhd's wholly-owned subsidiary, Advancecon Infra Sdn Bhd (AISB), has secured a sub-contract for an off-river storage (ORS) facility for a data centre in Port Dickson, Negeri Sembilan, for RM121.66 million.

Work Now Travels With Business Travellers, Holafly Research Finds

KUALA LUMPUR, July 10 (Bernama) -- Holafly for Business's latest research revealed that business travellers are increasingly carrying their work environment wherever they go, as modern business trips differ significantly from those around which most companies designed their travel policies.

EarthDaily Constellation Reaches Satellite Milestone For Commercial Operations

KUALA LUMPUR, July 10 (Bernama) -- EarthDaily, a global Earth observation company, has successfully established initial contact with EDC-08 following its launch aboard SpaceX's Transporter-17 mission on July 7.

Adjustments To The OPR Will Be Data-Dependent - BNM Governor

By M. Saraswathi & Karina Imran

KUALA LUMPUR, July 10 (Bernama) – At its current level of 2.75 per cent, the overnight policy rate (OPR) remains appropriate and consistent with Malaysia’s growth and inflation trajectory, said Bank Negara Malaysia Governor Datuk Sri Abdul Rasheed Ghaffour.

Malaysia's Growth To Stay Firmly Within 4-5 Pct, Says BNM Governor

By M. Saraswathi & Karina Imran

KUALA LUMPUR, July 10 (Bernama) -- Malaysia’s economy continues to show resilient growth despite the ongoing West Asia conflict, Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour said.