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Petronas Sets Up Transition Council, Human Capital Development Committee Following Restructuring

KUALA LUMPUR, July 30 (Bernama) -- Petroliam Nasional Bhd (Petronas) has established a Transition Council and a Human Capital Development Committee aimed at coordinating a fair and structured redeployment of staff following the company's organisational restructuring.

Gold Futures End Higher Ahead Of US Interest Rate Decision

KUALA LUMPUR, July 30 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives ended higher today ahead of the US Federal Reserve’s July interest rate decision. 

Ringgit Ends Slightly Lower Against US Dollar Ahead Of Fed Rate Decision

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, July 30 (Bernama) -- The ringgit reversed its morning gains to close slightly lower against the US dollar today, as traders turned cautious ahead of the United States (US) Federal Reserve's (Fed) interest rate decision, amid uncertainty over a potential cut.

Late Buying Interest Lifts Bursa Malaysia To Close At Intraday High

By Danni Haizal Danial Donald

KUALA LUMPUR, July 30 (Bernama) -- Bursa Malaysia languished in the red for most of the day but managed to eke out paltry gains to settle at an intraday high on Wednesday due to late buying interest in selected heavyweights led by industrial products and financial services sectors.

Scrapping High-Value Goods Tax Will Not Affect RM700 Mln Revenue Target – Economist

By Niam Seet Wei

KUALA LUMPUR, July 30 (Bernama) -- The government’s decision to halt the proposed high-value goods tax (HVGT), formerly known as the luxury goods tax, will not affect the RM700 million tax revenue expected from its implementation, said an economist.

Malaysia Secures RM2.97 Bln Digital Investments From China - Gobind

PUTRAJAYA, July 30 (Bernama) -- Malaysia has secured RM2.97 billion in confirmed digital investments from leading Chinese technology players, paving the way for the creation of over 6,800 high-value digital jobs nationwide, said Digital Minister, Gobind Singh Deo.

Bursa Opens Lower, Profit-taking Ahead Of Fed Rate Cut Decision

KUALA LUMPUR, July 30 (Bernama) -- Bursa Malaysia opened lower on Wednesday, tracking losses from overnight Wall Street performance as profit-taking emerged ahead of the United States (US) Federal Reserve (Fed) interest rate cut decision later today.

Ringgit Opens Little Changed Against US Dollar Ahead Of FOMC Decision 

KUALA LUMPUR, July 30 (Bernama) -- The ringgit was little changed against the US dollar on Wednesday morning as traders adopted a wait-and-see approach ahead of the Federal Open Market Committee (FOMC) meeting, which will be unfolding tonight, said an analyst. 

inDrive Eyes 40,000 Active Drivers, Confident In Expansion Amid EVP Issues

KUALA LUMPUR, July 29 (Bernama) -- United States-based e-hailing company inDrive remains confident of reaching 40,000 active drivers by year-end and affirms that its Malaysian expansion will not be jeopardised by the e-hailing vehicle permit (EVP) and public service vehicle (PSV)-related issues.

Bursa Malaysia Reprimands Smile-Link For Delay In Submitting Audited Financial Statements

KUALA LUMPUR, July 28 (Bernama) -- Bursa Malaysia Securities Bhd has publicly reprimanded dental outfit Smile-Link Healthcare Global Bhd for failing to submit its annual audited financial statements (AFS) for the financial period ended June 30, 2024, within the stipulated timeframe.

TNB Shares Slip At Mid-morning After RM840.1 Mln IRB Tax Notice

KUALA LUMPUR, July 28 (Bernama) -- Tenaga Nasional Bhd’s (TNB) shares slip at mid-morning trading after receiving a notice seeking an additional RM840.1 million in assessment for 2022 from the Inland Revenue Board (IRB).

Bursa Malaysia Records RM1.9 Trillion Overall Market Cap in 1H2025

KAMPAR, July 26 (Bernama) -- Bursa Malaysia has maintained its lead position in initial public offering (IPO) activities in Southeast Asia. It has also recorded an overall market capitalisation exceeding RM1.9 trillion in the first half of 2025.