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SMCCI, Maybank Ink MoU To Boost Halal Intiative, SMEs Growth In JS-SEZ

KUALA LUMPUR, July 11 (Bernama) -- The Singapore Malay Chamber of Commerce and Industry (SMCCI) has signed a memorandum of understanding (MOU) with Maybank Singapore Ltd to advance Halal-focused initiatives and support the growth of small and medium enterprises (SMEs) in both countries. 

BNM Likely To Maintain OPR At 2.75 Pct For 2025 - BMI

KUALA LUMPUR, July 11 (Bernama) -- Bank Negara Malaysia (BNM) is expected to maintain its Overnight Policy Rate (OPR) at 2.75 per cent for 2025, according to BMI, a unit of Fitch Solutions.

FBM KLCI Opens Slightly Higher, Retreats Thereafter

KUALA LUMPUR, July 11 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) opened slightly higher but retreated thereafter on Friday, amid a mixed regional market trend coupled with a lack of fresh catalysts, said an analyst.

Ringgit Opens Slightly Lower vs US Dollar, Mixed Fed Signals

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, July 11 (Bernama) -- The ringgit opened slightly lower against the US dollar on Friday, supported by a slightly firmer US Dollar Index (DXY) and mixed signals from the US Federal Reserve (US Fed).

Amir Hamzah Provided Good Cooperation During Proceedings Regarding MAHB Privatisation Issue - PAC

KUALA LUMPUR, July 10 (Bernama) -- Finance Minister II Datuk Seri Amir Hamzah Azizan has provided good cooperation throughout the Public Accounts Committee (PAC) proceedings regarding the issue of share sales and privatisation of Malaysia Airports Holdings Berhad (MAHB).

US Engages Asean Countries On Tariffs, Rubio Says Door Remains Open On Rate Adjustment

By Zufazlin Baharuddin & Nurunnasihah Ahmad Rashid

KUALA LUMPUR, July 10 (Bernama) -- The United States is holding active discussions with several countries at the 58th ASEAN Foreign Ministers’ Meeting (AMM) to push for further progress on US reciprocal tariffs.

Late Buying Of Banking Stocks Lifts Bursa Malaysia To Close At Intraday High

By Harizah Hanim Mohamed and Danni Haizal Danial Donald

KUALA LUMPUR, July 10 (Bernama) -- Late buying of banking stocks pushed up Bursa Malaysia to close at its intraday high today, with the key index gaining 0.48 per cent, in line with the improved regional sentiment.

Obsidian Security Bolsters Leadership Team Amid Rising AI-driven SaaS Security Risks

KUALA LUMPUR, July 10 (Bernama) -- Obsidian Security, a software as a service (SaaS) security platform trusted by global enterprises, has expanded its go-to-market leadership team with five senior appointments.

Malaysia Should Strengthen ASEAN Ties, Engage In Multilateral Cooperation To Counter Trade Pressures -- Experts

By Harizah Hanim Mohamed

KUALA LUMPUR, July 10 (Bernama) -- Malaysia should continue to strengthen its intra-ASEAN trade relations and engage in multilateral partnerships, as this approach will reduce dependence on any single country and benefit all parties by minimising both trade and non-trade barriers, including tariffs and the movement of goods across borders.

ExtraHop Expands Singapore Presence To Bolster APAC Cybersecurity

KUALA LUMPUR, July 10 (Bernama) -- ExtraHop, a leader in modern network detection and response (NDR), is expanding operations in Singapore to support growing regional demand and strengthen data sovereignty for Asia Pacific (APAC) customers.

MARGMA Calls For Tariff Talks With US Over Glove Duty Hike

KUALA LUMPUR, July 10 (Bernama) -- The Malaysian Rubber Glove Manufacturers Association (MARGMA) has urged the government to promptly enter sectoral tariff negotiations with the United States (US) following Washington’s decision to raise import duties on rubber gloves to 25 per cent from Aug 1, 2025.

Bursa Malaysia Opens Slightly Higher After OPR Cut Lifts Sentiment

KUALA LUMPUR, July 10 (Bernama) -- Bursa Malaysia opened slightly higher on Thursday, supported by a modest improvement in sentiment following Bank Negara Malaysia’s decision to cut the Overnight Policy Rate (OPR) by 25 basis points to 2.75 per cent on Wednesday.