Bursa Malaysia Lower At Midday On Cautious Sentiment

KUALA LUMPUR, July 30 (Bernama) -- Bursa Malaysia remained lower at midday on Wednesday, as investors stayed cautious while digesting key United States economic data amid mixed regional sentiment.

FGV Takeover A Consolidation Move, Says Felda Chairman

By Siti Radziah Hamzah

KUALA LUMPUR, July 29 (Bernama) -- The takeover of FGV Holdings Bhd by the Federal Land Development Authority (Felda) marks a consolidation move to strengthen its operations moving forward.

Felda's Shareholding In FGV Increases To Over 90 Pct, Plans For Delisting

KUALA LUMPUR, July 29 (Bernama) -- The Federal Land Development Authority (Felda) has received valid acceptances for all the remaining ordinary shares in FGV Holdings Bhd and has acquired the offer shares representing 91.73 per cent of the total issued shares of FGV as of 5pm.

Ringgit Ends Lower Against US Dollar Ahead Of FOMC Meeting

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, July 29 (Bernama) -- The ringgit ended lower against the US dollar today as market traders await the outcome of the United States (US) Federal Open Market Committee (FOMC) meeting, said an economist. 

Ringgit Likely To Trade Within RM4.22-RM4.24 Vs Greenback Next Week Ahead Of Fed Decision

KUALA LUMPUR, July 26 (Bernama) -- The ringgit is expected to hover between RM4.22 and RM4.24 next week as the US Federal Reserve (Fed) is anticipated to maintain its policy rate, said an analyst.

Malaysia Should Focus On Specific Semiconductor Niche To Stand Out In ASEAN - Industry Player

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, July 24 (Bernama) -- Malaysia should choose a specific sector within the semiconductor industry to focus on and strive to become a leader in that niche, setting itself apart from other ASEAN countries, said Basementality Sdn Bhd spot procurement manager Kirill Korbout.

RM100 Cash Aid To Have RM3 Bln Retail Injection, Boost Consumption - Kenanga IB

By Siti Radziah Hamzah

KUALA LUMPUR, July 24 (Bernama) -- The targeted fiscal measures announced by Prime Minister Datuk Seri Anwar Ibrahim on Wednesday are anticipated to enhance near-term consumption, especially for essential goods and household items, according to Kenanga Investment Bank Bhd (Kenanga IB).

Uni-Fuels Raises US$3 Mln In Oversubscribed Digital CP Debut Via ADDX

KUALA LUMPUR, July 22 (Bernama) -- Uni-Fuels Holdings Limited (Uni-Fuels), a marine fuel solutions provider, announced its wholly owned subsidiary, Uni-Fuels Pte Ltd (Uni-Fuels Singapore), has successfully completed its first commercial paper (CP) issuance, raising US$3 million via the digital private market platform ADDX. (US$1=RM4.22)

Rubber Market Seen Trading Mixed Next Week Amid Continued Caution

By K. Naveen Prabu

KUALA LUMPUR, July 19 (Bernama) --  The Malaysian rubber market is expected to trade mixed next week amid continued caution over US tariffs, said the Malaysian Rubber Glove Manufacturers Association (MARGMA).

Malaysia Airports Targets June 2028 For Completion Of Penang Expansion

SEPANG, July 18 (Bernama) -- Malaysia Airports Holdings Bhd (MAHB) aims to complete the Penang International Airport (PIA) expansion project by June 2028, with several phases of work already underway, said group managing director Datuk Mohd Izani Ghani.

MAHB On Track To Achieve 62 Mln Passenger Movements By Year-end -- Group MD

SEPANG, July 18 (Bernama) -- Malaysia Airports Holdings Bhd (MAHB) is optimistic of achieving its target of 62 million passenger movements by year-end, a milestone that would mark its return to pre-pandemic levels.

CPO Futures End Lower As Market Awaits Fresh Export, Production Data

By K. Naveen Prabu

KUALA LUMPUR, July 17 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower today, as traders turned cautious ahead of key export and production figures due next week.