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.

Rubber Market Closes Lower On Softer China Demand, Weaker US Economic Data

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, July 7 (Bernama) -- The Kuala Lumpur rubber market closed lower on Tuesday, weighed down by softer near-term demand from China and weaker economic data from the United States.

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.

Tamco-Hoymiles Partnership To Strengthen Malaysia’s Next-Generation Energy Infrastructure

KUALA LUMPUR, July 7 (Bernama) -- Leading power infrastructure solutions provider Tamco and global solar and energy storage innovator Hoymiles formed a strategic partnership today to support the development of Malaysia’s future energy infrastructure, bringing together global energy storage technologies with local industrial expertise. 

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.

Ningbo Showcases Smart Manufacturing At Colombo Cultural Exchange

KUALA LUMPUR, July 7 (Bernama) -- The cultural exchange event, Encounter & Insight: Dialogue Between Ningbo, China and Colombo, Sri Lanka, brought together representatives from the two port cities to discuss integrated port-city development and bilateral economic and trade connectivity.

Jensen Hughes Acquires HiLT To Expand Southeast Asia Presence 

KUALA LUMPUR, July 7 (Bernama) -- Jensen Hughes has acquired Singapore-based HiLT Pte Ltd (HiLT), strengthening its presence in the Asia-Pacific (APAC) region and expanding its fire protection engineering capabilities across key sectors.

Bursa Malaysia Pares Yesterday's Gains To Open Lower

KUALA LUMPUR, July 7 (Bernama) -- Bursa Malaysia pared yesterday's gains to open lower on Tuesday, as early selling pressure weighed on market sentiment.

Ringgit Opens Slightly Higher Against Greenback Amid Focus On Fed Outlook

KUALA LUMPUR, July 7 (Bernama) -- The ringgit opened slightly higher against the US dollar on Tuesday amid continued focus on the United States (US) Federal Reserve's (Fed) interest rate outlook.

Ringgit Ends Lower As Investors Return To US Dollar

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, July 6 (Bernama) -- The ringgit closed lower against the US dollar on Monday as investors returned to the greenback following its recent pullback after a weaker-than-expected US June employment report.

Rubber Market Closes Mixed, Supported By Regional Futures Gains

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, July 6 (Bernama) -- The Kuala Lumpur rubber market closed mixed on Monday, supported by gains in regional rubber futures markets and expectations of a new tyre plant in Selangor.