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KUALA LUMPUR, July 7 (Bernama) -- The government will continue to ensure there are secure and sufficient levels of petroleum from July 2026 to December 2026, according to the Economy Ministry.
HULU SELANGOR, July 7 (Bernama) -- MCE Holdings Bhd (MCE) today officially launched the MCE Auto Hub, a RM50 million advanced manufacturing facility in UMW High Value Manufacturing Park, Serendah, that will strengthen the group's design, engineering, manufacturing and research and development capabilities.
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.
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.
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.
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.
By Siti Radziah Hamzah
KUALA LUMPUR, July 7 (Bernama) -- Asia Pacific (APAC) offshore spending remains broadly stable post-West Asia conflict, with Southeast Asia (SEA) estimated to see a 12 per cent increase in greenfield capital expenditure (capex) to more than US$100 billion (US$1 = RM4.08), reflecting stronger prioritisation of new offshore developments, said Hong Leong Investment Bank Bhd (HLIB) today.
KUALA LUMPUR, July 7 (Bernama) -- Proxima Fusion has raised 411 million euros (US$468 million) in a financing round, valuing the company at 2.4 billion euros (US$2.7 billion) and making it Europe's best-funded fusion energy company. (US$1=RM4.08)
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.
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.
KUALA LUMPUR, July 7 (Bernama) -- Crude palm oil (CPO) prices are expected to remain elevated in the second half of 2026 (2H 2026) and peak in the first half of 2027 (1H 2027), driven by a very strong El Nino expected to hit Southeast Asia later this year.
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.
