Weak US Dollar May Slow Tech Sector Recovery In 2h 2025 - CIMB Securities
KUALA LUMPUR, July 2 (Bernama) -- CIMB Securities Sdn Bhd expects further US dollar depreciation to weigh on the technology sector’s recovery in the second half of 2025.
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Diversification Ensures Malaysia's Economy Remains Resilient
By Samantha Tan Chiew Tieng
PUTRAJAYA, July 2 (Bernama) – Malaysia remains on solid footing due to its inclusive and long-term economic strategy despite geopolitical tensions in the Middle East raising concerns over the potential closure of the Strait of Hormuz and disruptions to global energy supply.
Gold Futures Rise On Expectations Of Fed Rate Cut
By Abdul Hamid A Rahman
KUALA LUMPUR, July 1 (Bernama) -- Gold futures contract on Bursa Malaysia Derivatives ended higher today, supported by growing expectations of interest rate cut by the United States (US) Federal Reserve (Fed), said SPI Asset Management managing partner Stephen Innes.
SynVista To Invest RM235 Mln In Energy Storage Facility In Selangor, Eyes Operations In 4Q
KUALA LUMPUR, July 1 (Bernama) -- SynVista Energy Holdings Pte Ltd (SynVista Energy), a Singapore-headquartered global leader in artificial intelligence (AI)-powered energy storage systems, is investing US$50 million (RM210 million) to establish its first energy storage manufacturing facility in Selangor.
Powerwell Accepts RM16.6 Mln Switchboard Orders For Hyperscale Data Centre Project
KUALA LUMPUR, July 1 (Bernama) -- Powerwell Holdings Bhd has accepted purchase orders (POs) worth RM16.63 million to supply switchboards and components for a hyperscale data centre project at Elmina Business Park, Selangor.
Rubber Market Ends Mixed
By K. Naveen Prabu
KUALA LUMPUR, June 30 (Bernama) -- The Malaysian rubber market ended mixed today amid an uptrend in the regional rubber futures markets, a dealer said.
Fadillah Holds Meeting With Rosatom On Nuclear Energy Development
From Siti Radziah Hamzah
MOSCOW, June 27 (Bernama) -- Deputy Prime Minister Datuk Seri Fadillah Yusof today held a meeting with Russia's state nuclear corporation Rosatom’s director-general Alexey Likhachev to discuss bilateral cooperation in nuclear energy.
After Apples And Oranges, MoF Announces Exemption For Beauty Services From Service Tax Expansion
KUALA LUMPUR, June 27 (Bernama) -- The Ministry of Finance (MoF) announced today that, after carefully considering public sentiment, it has decided not to proceed with the proposed expansion of the Service Tax to beauty services such as manicures and pedicures, facial services, and barbers and hairdressers.
World Goods Trade Rebounds In Early 2025 In Anticipation Of US Tariffs - WTO
MOSCOW, June 27 (Bernama-Sputnik/RIA Novosti) -- World goods trade increased sharply in early 2025 in anticipation of US tariffs, but weakening export orders suggest the momentum may not be sustained, the World Trade Organisation (WTO) Goods Trade Barometer showed, reported Sputnik/RIA Novosti.
Gamuda Posts Higher 3Q Net Profit, Declares 10 Sen Dividend
KUALA LUMPUR, June 26 (Bernama) -- Gamuda Bhd recorded a higher net profit of RM671 million for the third quarter ended April 30, 2025 (3Q), up five per cent year-on-year, driven by stronger performance in its domestic construction projects.
Geopolitical Tensions, Abrupt Airspace Closures Keep Malaysian And Global Airlines On High Alert
KUALA LUMPUR, June 25 (Bernama) -- Malaysia’s aviation sector is on high alert, prioritising safety to avoid a repeat of the downing of Malaysia Airlines flight MH17 more than a decade ago. The heightened caution follows a wave of airspace closures by Arab states after Iran launched a missile strike on a United States (US) base in Qatar.
Format, Sample Of Dividend Voucher Now Available On IRB Portal
PUTRAJAYA, June 24 (Bernama) -- The format and sample of a dividend voucher is now available on the official Inland Revenue Board (IRB) portal at www.hasil.gov.my.