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Rubber Products Outlook Remains Gloomy On Unfavourable Operating Environment - RHB IB

KUALA LUMPUR, July 16 (Bernama) -- RHB Investment Bank Bhd (RHB IB) expects the rubber products sector to remain bleak due to an unfavourable operating environment driven by a longer-than-expected period of inventory consolidation.

Ringgit Slips At Opening Against Greenback As US Rate Cut Hopes Fade

KUALA LUMPUR, July 16 (Bernama) -- The ringgit opened lower against the US dollar today as the greenback strengthened on waning hopes of an interest rate cut this month by the United States.

Rubber Market Ends Lower On Weaker Oil Prices

KUALA LUMPUR, July 15 (Bernama) -- The Malaysian rubber market finished lower today, influenced by declining crude oil prices, as markets weighed United States (US) President Donald Trump’s 50-day ultimatum for Russia to end the Ukraine war, along with threats of sanctions on buyers of Russian oil, a dealer said.

MITI’s AI Chip Export Rule To Have No Impact On Data Centres -- MIDF

KUALA LUMPUR, July 15 (Bernama) -- MIDF Amanah Investment Bank Bhd believes that data centres will not be affected by the Ministry of Investment, Trade and Industry’s (MITI) latest directive on artificial intelligence (AI) chips.

Ringgit Opens Higher Against US Dollar On Upbeat China Data

KUALA LUMPUR, July 15 (Bernama) -- The ringgit opened higher against the US dollar on Tuesday, in line with strengthening Chinese yuan supported by upbeat China’s June economic data release, said an analyst.

Bursa Malaysia Holds Steady To Close Higher, Tracking Regional Gains

By Durratul Ain Ahmad Fuad and Danni Haizal Danial Donald

KUALA LUMPUR, July 14 (Bernama) -- Bursa Malaysia reversed last Friday’s losses to close higher on Monday, tracking gains in regional markets.

From Setup To Shutdown, Sadhana Offers Turnkey Demolition And Salvage Solutions  

KUALA LUMPUR, July 13 (Bernama) -- Sadhana Demolition & Engineering Sdn Bhd could be the ideal partner for companies looking to make new investments, launching manufacturing plants, or even exiting operations in Malaysia.

ASEAN Must Demand Equal Market Access From EU, China Amid Rising Tariff Pressure -- Analyst

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, July 11 (Bernama) -- ASEAN must demand reciprocal market access from major trading partners such as the European Union (EU) and China, especially in sectors like palm oil, halal products and electric vehicle (EV) battery minerals, to safeguard its regional trade stability amid rising global protectionism, an analyst said.

HERE Teams Up With NIO’s firefly To Power Smart EV Navigation, Safety

KUALA LUMPUR, July 8 (Bernama) -- HERE Technologies, the location data and technology platform, has announced a strategic collaboration with firefly, the latest electric vehicle (EV) brand launched by Chinese EV maker NIO.

Kenanga IB Launches Structured Warrants Linked To Hang Seng Indices On Bursa Malaysia

KUALA LUMPUR, July 7 (Bernama) -- Kenanga Investment Bank Bhd has launched a new suite of structured warrants on Bursa Malaysia today, offering Malaysian investors direct access to global markets through exposure to two of Hong Kong’s leading Hang Seng equity benchmarks.

CPO Futures End Lower On Weaker Palm Olein Prices In China

By K. Naveen Prabu

KUALA LUMPUR, July 4 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended lower today, tracking weaker palm olein prices on China’s Dalian Commodity Exchange. 

Malaysia To Welcome Maiden Chinese Homeport Cruise Via Hwajing-Astro Ocean Partnership

GEORGE TOWN, July 4 (Bernama) — Malaysia is set to welcome its first Chinese cruise ship to be homeported in the country with the arrival of M/V Piano Land, following a strategic partnership between Hwajing Travel & Tours Sdn Bhd and Chinese cruise line Astro Ocean Cruise.