Govt's Total 1MDB Obligation Amounts To RM51.4 Bln — MoF

KUALA LUMPUR, July 9 (Bernama) -- The government's total liabilities arising from 1Malaysia Development Bhd (1MDB), including those already settled and those still outstanding, amount to RM51.4 billion, said Deputy Finance Minister Liew Chin Tong.

Thai PM Anutin Optimistic Of Achieving US$30 Bln Trade Target With Malaysia By 2027

KUALA LUMPUR, July 9 (Bernama) -- Thailand is confident of achieving its US$30 billion (US$1=RM4.073) bilateral trade target with Malaysia by 2027, Prime Minister Anutin Charnvirakul said.

Bursa Malaysia Lower At Midday Ahead Of OPR Announcement

KUALA LUMPUR, July 9 (Bernama) -- Bursa Malaysia remained lower at midday on Thursday, as market sentiment stayed cautious ahead of Bank Negara Malaysia’s (BNM) overnight policy rate (OPR) decision later today.

SRKK AI Eyes Revenue Contribution From Indonesia Within Three Years

KUALA LUMPUR, July 9 (Bernama) -- Digital transformation solutions provider SRKK AI Bhd expects its expansion into Indonesia to begin making a meaningful contribution to the group’s revenue within three years, following its listing on the ACE Market of Bursa Malaysia.

Economy To Remain Robust On Data Centre, Digital Infrastructure Investments -- SAMENTA

KUALA LUMPUR, July 9 (Bernama) -- Malaysia’s economy is expected to remain robust, fortified by massive incoming investments in data centres and digital infrastructure, said Small and Medium Enterprises Association of Malaysia (SAMENTA).

Bursa Malaysia Opens Lower Amid West Asia Uncertainty

KUALA LUMPUR, July 9 (Bernama) -- Bursa Malaysia opened lower on Thursday, reversing the previous session's gains as escalating tensions in West Asia weighed on investor sentiment.

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.

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.