Ancom Nylex's Net Profit For FY2025 Slips To RM63.49 Mln

KUALA LUMPUR, July 17 (Bernama) -- Ancom Nylex Bhd’s net profit for the financial year ended May 31, 2025 (FY2025) slipped to RM63.49 million compared to RM81.47 million recorded in FY2024.

Gold Ends Lower After After US-driven Rally Fizzles

By Harizah Hanim Mohamed

KUALA LUMPUR, July 17 (Bernama) – Gold futures contracts on Bursa Malaysia Derivatives ended lower on Thursday, retreating from an overnight rally that was fuelled by investor uncertainty surrounding the United States Federal Reserve’s (Fed) policy outlook.

FBM KLCI Futures Closes Higher

KUALA LUMPUR, July 17 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives ended higher on Thursday, tracking gains in the underlying cash market.

Bintulu Port's Unit Reaffirms Commitment To Bolstering Offshore Energy Operations

KUCHING, July 17 (Bernama) -- Bintulu Port Holdings Bhd’s subsidiary Borneo Oil and Gas Supply Base Sdn Bhd (BOGSB) has reaffirmed its commitment to strengthening offshore energy operations through strategic infrastructure and integrated services.

HDC Secures RM345.2 Mln Potential Sales At JFEX Summer Show 2025 In Tokyo

KUALA LUMPUR, July 17 (Bernama) -- The Halal Development Corporation Bhd (HDC) has generated potential sales valued at approximately RM345.2 million at the JFEX Summer Show 2025 in Tokyo, held from July 9-11, 2025.

Malaysia’s Real Estate Sector Records Steady Growth In 1H 2025 – Knight Frank

KUALA LUMPUR, July 17 (Bernama) -- Malaysia’s real estate market recorded steady growth across key sectors in the first half of 2025 (1H 2025), supported by strong data centre investments, infrastructure development and resilient domestic demand, according to Knight Frank Malaysia.

US Dollar Seen Weakening Over Next 12 Months, Ringgit, Asian Equities To Benefit - StanChart

By Anas Abu Hassan

KUALA LUMPUR, July 17 (Bernama) -- A weakening US dollar is expected to continue benefiting the ringgit and Asian equities going forward, albeit with a volatile outlook in the second half of 2025 (2H 2025), according to Standard Chartered Bank.

Johor Bahru Residential Property Prices Surge On JS-SEZ Launch - JLL Malaysia

KUALA LUMPUR, July 17 (Bernama) -- Residential property prices in Johor Bahru have surged in the second quarter of 2025 (2Q 2025), driven by stronger investor confidence for high-end properties following the launch of the Johor-Singapore Special Economic Zone (JS-SEZ).

Long-Term Structural Reforms Needed To Address Cost Of Living - Economist

KUALA LUMPUR, July 17 (Bernama) -- The government should adopt more holistic and forward-looking reforms to manage the rising cost of living, beyond short-term fiscal support, said AmBank Group chief economist Firdaos Rosli.

AmBank Group Projects Moderate Four Pct Malaysia GDP Growth For 2Q 2025

KUALA LUMPUR, July 17 (Bernama) -- AMMB Holdings Bhd (AmBank Group) expects Malaysia’s gross domestic product (GDP) to grow at a moderate rate of around four per cent year-on-year in the second quarter of 2025 (2Q 2025), supported by continued front-loading activities that benefit the external sector.

Malaysia Stands 55 Pct Chance Of Lower US Tariffs At 15-19 Pct -- Apex Securities

KUALA LUMPUR, July 17 (Bernama) -- Malaysia stands a 55 per cent chance of reducing the final United States (US) tariff to a 15 per cent-19 per cent range from the current 25 per cent, if positive trade agreements are reached, said Apex Securities Bhd.

US Tariffs Could Drag ASEAN-5 GDP Growth To 1.5 Pct In 2026 -- Economist

KUALA LUMPUR, July 17 (Bernama) -- ASEAN-5 gross domestic product (GDP) growth is projected to fall to just three per cent in 2025 and as low as 1.5 per cent in 2026 if knock-on effects from the United States (US) tariffs continue, said Bloomberg Southeast Asia economist Dr Tamara Mast Henderson.