July’s OPR Cut Unlikely To Signal Start Of Near-term Rate-cutting Cycle -- MIDF Amanah

KUALA LUMPUR, July 9 (Bernama) -- MIDF Amanah Investment Bank does not view Bank Negara Malaysia’s (BNM) 25-basis point (bps) reduction in the Overnight Policy Rate (OPR) to 2.75 per cent as signalling the start of a rate-cutting cycle in the near term. 

LGMS To Acquire 27 Pct Stake In Antarex For RM22.68 Mln 

KUALA LUMPUR, July 9 (Bernama) -- Cybersecurity services provider LGMS Bhd has proposed to acquire a 27 per cent stake in Antares Holdings Sdn Bhd for RM22.68 million.

Norway Seeks Deeper Economic Ties With ASEAN, Malaysia

By Wan Muhammad Aslah Wan Razali

KUALA LUMPUR, July 9 (Bernama) -- Norway is optimistic about boosting economic ties with ASEAN and Malaysia, focusing on sustainability, trade and green growth, said Deputy Foreign Minister Andreas Motzfeldt Kravik.

Bank Islam, RHB, Affin Bank And Public Bank Announce Reduction In Rates

KUALA LUMPUR, July 9 (Bernama) -- Bank Islam Malaysia Bhd, RHB Banking Group and Public Bank Bhd have revised their standardised base rate (SBR), base rate (BR) and base financing rate (BFR), following Bank Negara Malaysia’s (BNM) decision to reduce the Overnight Policy Rate (OPR) by 25 basis points (bps), from 3.00 per cent to 2.75 per cent today.

OPR Cut To 2.75 Pct Will Stimulate Businesses, Maintain Nation’s Economic Resilience

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, July 9 (Bernama) – Bank Negara Malaysia’s (BNM) decision to cut the Overnight Policy Rate (OPR) by 25 basis points to 2.75 per cent is a proactive stance to stimulate business activity, sustain domestic demand, bolster growth and maintain Malaysia’s economic resilience.

Malaysia A Competitive Investment Destination, Strategic Trade Partner – PM Anwar

KUALA LUMPUR, July 9 (Bernama) --  Prime Minister Datuk Seri Anwar Ibrahim’s official visits to Italy, France, and Brazil have strengthened Malaysia’s international standing as a strategic trade partner and opened doors to new global markets and investment opportunities.

Bursa Malaysia Pares Loss At Close After Bank Negara Cuts Interest Rate

By Anas Abu Hassan and Danni Haizal Danial Donald

KUALA LUMPUR, July 9 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) pared earlier losses to end almost unchanged on Wednesday, declining by only 0.06 per cent, after Bank Negara cut the benchmark interest rate.

MPC Pre-emptively Cuts OPR To Preserve Steady Growth Path - BNM Governor

KUALA LUMPUR, July 9 (Bernama) -- Following is the transcript of Bernama’s email interview with Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour on the Overnight Policy Rate (OPR).  

Malaysia To Protect National Interests, Sovereignty During US Tariff Talks - Tengku Zafrul

KUALA LUMPUR, July 9 (Bernama) -- Malaysia will continue its firm stance in crucial matters related to national interest and sovereignty in its ongoing negotiations with the United States (US) on tariffs.

ASEAN Foreign, Economy Ministries Must Work Together To Boost Regional Trade – Mohamad

KUALA LUMPUR, July 9 (Bernama) -- The ASEAN Ministry of Foreign Affairs and the Ministry of Economy must work closely together to enhance regional trade and investment, said Foreign Minister Datuk Seri Mohamad Hasan.

Malaysia-US Negotiations Still Ongoing As US Imposes Unilateral 25 Pct Tariff -- Tengku Zafrul

KUALA LUMPUR, July 9 (Bernama) -- The 25 per cent tariff imposed by the United States (US) is a decision made by President Donald Trump and not the result of negotiations, said Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Abdul Aziz.

DHL To Solidify Local Presence Amid US Tariffs

SHAH ALAM, July 9 (Bernama) -- Logistics outfit DHL is optimistic about solidifying its growth in Malaysia despite the United States announcing a 25 per cent reciprocal tariff on Malaysia.