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YTL Power Invests RM10 Bln In AI, Encourages Local Companies To Leverage AI Infrastructure

KUALA LUMPUR, July 8 (Bernama) – YTL Power International Bhd has invested about RM10 billion in artificial intelligence (AI) and AI infrastructure to date and encourages Malaysian companies to invest in AI and leverage the infrastructure.

Ringgit Opens Lower On Cautious Sentiment After US Tariff Policy Update

KUALA LUMPUR, July 8 (Bernama) -- The ringgit opened lower against the US dollar on Tuesday as market sentiment turned cautious following the United States’ (US) latest reciprocal tariff policy adjustments, which will take effect on Aug 1, 2025, said an analyst.

US Tariff Imposition Drags Bursa Malaysia Lower At Opening

KUALA LUMPUR, July 8 (Bernama) -- Bursa Malaysia opened lower on Tuesday, tracking Wall Street’s weaker performance following the United States' (US) imposition of a 25 per cent tariff on 14 countries, including Malaysia, beginning Aug 1 this year.

US Imposes 25 Percent Tariff On All Malaysian Products To US

KUALA LUMPUR, July 8 (Bernama) -- The United States has imposed a higher tariff of 25 percent on any and all Malaysian products sent into the country, separate from all sectoral tariffs, effective Aug 1, this year.

Visits To Italy, France And Brazil Achieved Key Objectives, Says PM Anwar

RIO DE JANEIRO, July 8 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said Monday that his official visits to Italy, France and Brazil have successfully met their intended objectives.

Malaysia Committed To Strengthening Economic Co-operation With Brics -- Tengku Zafrul

KUALA LUMPUR, July 7 (Bernama) -- Malaysia is committed to strengthening co-operation in economics, trade and investment with BRICS countries, especially with the great potential of artificial intelligence (AI) which needs to be harnessed for inclusive development.

ABP Group Opens Office In Malaysia To Build Greater Delivery Capacity

KUALA LUMPUR, July 7 (Bernama) -- Cybersecurity provider ABP Group Pte Ltd has strengthened its presence in Malaysia with the launch of a new office in KL Eco City, which is expected to allow it to build greater delivery capacity, deepen client engagement, and respond more quickly to emerging threats across Southeast Asia.

Singapore Competition Watchdog Grants Conditional Nod To Malaysia Airlines-SIA Tie-up

SINGAPORE, July 7 (Bernama) -- The Competition and Consumer Commission of Singapore (CCCS) on Monday granted conditional approval for the proposed commercial cooperation between Singapore Airlines Ltd (SIA) and Malaysia Airlines Bhd.

Malaysia Guided By National Interest In Multilateral Engagement, MITI Says After US Warning To BRICS Allies

KUALA LUMPUR, July 7 (Bernama) -- Malaysia’s engagement with any multilateral platform is focused on trade facilitation and sustainable development, guided by national interest rather than ideological alignment, said the Ministry of Investment, Trade and Industry (MITI).

Gold Futures Close Lower As US Dollar Strengthens

KUALA LUMPUR, July 7 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed lower on Monday as the US dollar strengthened, analysts said.

Ringgit Lower Against US Dollar, Appreciates Vs Other Major Currencies

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, July 7 (Bernama) -- The ringgit closed weaker against the US dollar on Monday but traded better against major currencies, as traders and investors are observing the United States (US) tariff situation, an analyst said. 

Johor Unveils Malaysia’s Largest High-Tech Vertical Farm

ISKANDAR PUTERI, July 7 (Bernama) -- Johor has launched the country’s largest high-tech vertical farming facility, spanning over 50,000 square feet, to cultivate leafy vegetables using advanced agrotechnology.