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10,000 Local Engineers To Be Trained Under Arm's 10-Year Semiconductor Programme — Amirudin

SUBANG JAYA, July 28 (Bernama) -- A total of 10,000 local engineers are expected to be trained in the semiconductor field through a training programme by the United Kingdom’s semiconductor design firm, Arm, over 10 years, said Selangor Menteri Besar Datuk Seri Amirudin Shari.

CGTN Highlights President Xi’s Call For Stronger China-EU Ties At Landmark 25th Summit

KUALA LUMPUR, July 28 (Bernama) -- Chinese President Xi Jinping met with European Union (EU) leaders at the 25th China-EU Summit in Beijing, marking 50 years of diplomatic relations and calling for deeper cooperation in trade, investment, and global governance.

BNM Revises 2025 GDP Projection To 4.0-4.8 Pct

KUALA LUMPUR, July 28 (Bernama) --  Bank Negara Malaysia (BNM) has revised Malaysia’s 2025 gross domestic product (GDP) growth projection to between 4.0 per cent and 4.8 per cent from 4.5 per cent - 5.5 per cent previously.

eXp Realty Expands To Japan, Redefining Agent Opportunity In Asia

KUALA LUMPUR, July 28 (Bernama) -- eXp Realty, the world’s largest independent real estate brokerage and a core subsidiary of eXp World Holdings Inc, has officially expanded into Japan, marking its fourth international market launch this year following entries into Peru, Türkiye, and Ecuador.

AM Best Affirms South Korea’s Hanwha General Insurance Credit Ratings

KUALA LUMPUR, July 28 (Bernama) -- Global credit rating agency, AM Best has affirmed South Korea’s Hanwha General Insurance Company Limited (HGI) financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent), with a stable outlook.

Local Retailers Extend Buying Streak For Third Week -- MBSB IB

KUALA LUMPUR, July 28 (Bernama) -- MBSB Investment Bank Bhd (MBSB IB) said local retailers extended their net buying streak for a third consecutive week, with a net inflow of RM105.4 million for the week ended July 25.

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).

CIMB: National Semiconductor Strategy Gains Investor And Regional Backing

KUALA LUMPUR, July 28 (Bernama) -- CIMB Securities Sdn Bhd expects Malaysia’s National Semiconductor Strategy (NSS) to continue gaining traction among investors, institutions, and regional stakeholders.

Wall Street Rally Lifts Bursa At Open

KUALA LUMPUR, July 28 (Bernama) -- Bursa Malaysia rebounded from last week’s losses to open higher on Monday, tracking overnight gains on Wall Street.

Paydibs Named Direct FPX Acquirer By PayNet

KUALA LUMPUR, July 28 (Bernama) -- Paydibs, a homegrown digital payments provider, has been officially onboarded as a direct third-party acquirer for the financial process exchange (FPX) by Payments Network Malaysia Sdn Bhd (PayNet), making it one of only 10 non-bank acquirers directly connected to PayNet’s FPX infrastructure.

Ringgit Strengthens Broadly On Cautious Trade Sentiment

KUALA LUMPUR, July 28 (Bernama) -- The ringgit opened marginally higher against the US dollar in early trade on Monday amid cautious sentiment, as traders awaited clarity on a possible extension of the trade truce between the United States (US) and China, said an analyst.

Infineon Investment Lifts Malaysia As Chip Hub, Creates 1,500 Jobs - Tengku Zafrul

KUALA LUMPUR, July 27 (Bernama) -- Infineon Technologies’ mega investment has not only positioned Malaysia as a global semiconductor manufacturing hub but will also generate 1,500 high-income jobs for Malaysians, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.