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Khazanah Eyes AI Deals With French, Italian Sovereign Funds

KUALA LUMPUR, July 8 (Bernama) -- Khazanah Nasional Bhd has held a series of productive meetings with the French and Italian sovereign wealth funds to explore cross-border collaboration, particularly in the field of artificial intelligence (AI).

Malaysia’s Healthcare Sector Remains Positive Amid Ageing Population, Policy Changes

KUALA LUMPUR, July 8 (Bernama) -- Malaysia’s healthcare sector is expected to remain on a steady growth path, backed by rising affluence and an ageing population, according to Kenanga Investment Bank Bhd (Kenanga IB).

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.

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. 

Oecusse To Spearhead Timor-Leste’s Modernisation In Bold CMC-RAEOA Initiative

KUALA LUMPUR, July 7 (Bernama) -- In a major public-private partnership, Core Management Corporation (CMC) and the Special Administrative Region of Oecusse-Ambeno (RAEOA) have announced the launch of the Oecusse Digital Centre (ODC) Smart Hub, a 140-acre, multi-sector development set to become Timor-Leste’s first smart city.

German Businesses Remain Confident In Malaysia Amid Global Uncertainties - MGCC

KUALA LUMPUR, July 7 (Bernama) -- A majority of German companies in Malaysia remained highly confident in the country’s business environment, according to the latest World Business Outlook Spring 2025 Survey.

Bursa Malaysia Retreats To Open Lower

KUALA LUMPUR, July 7 (Bernama) -- Bursa Malaysia retreated to open lower on Monday, following a negative overnight performance on Wall Street, with the July 9 reciprocal tariffs deadline approaching.

Ringgit Opens Higher Vs US Dollar Ahead Of BNM Policy Meeting

KUALA LUMPUR, July 7 (Bernama) -- The ringgit opened higher against the US dollar on Monday with anticipation of a possible overnight policy rate (OPR) cut by Bank Negara Malaysia’s (BNM) monetary policy committee (MPC) meeting on July 9, 2025, said an analyst.

JS-SEZ Development To Spur Emergence Of Satellite Towns – Chief Minister

KLUANG, July 6 (Bernama) -- The development of the Johor-Singapore Special Economic Zone (JS-SEZ) is expected to benefit not only areas surrounding Johor Bahru but also be felt across all 10 districts in the state, said Johor Chief Minister Datuk Onn Hafiz Ghazi.

Fiscal Consolidation Pays Off For Malaysia; US Dollar Seen On Weaker Path

By Harizah Hanim Mohamed

KUALA LUMPUR, July 6 (Bernama) -- Malaysia’s fiscal consolidation efforts are beginning to bear fruit, with measures to narrow the fiscal deficit and reduce government debt gaining traction despite criticism, signalling a positive outlook for the country’s sovereign credit ratings.

Cockle Industry Can Generate RM34.4 Mln Annually In Sabah -- Hajiji

TUARAN, July 5 (Bernama) -- The cockle industry has the potential to generate RM34.4 million annually based on an estimated landing of 3,240 tonnes per year and a 7.6-fold return on investment in Sabah, said Chief Minister Datuk Seri Hajiji Noor.

Ringgit Likely To Trade Range-Bound Ahead Of BNM’s MPC Meeting Next Week

By Abdul Hamid A Rahman

KUALA LUMPUR, July 5 (Bernama) -- The ringgit is expected to trade range-bound against the greenback next week, as investors adopt a cautious approach ahead of Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) meeting on July 9.