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Bursa Malaysia Extends Rally To 5th Day, Ends Above 1,560 Resistance Level

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Aug 11 (Bernama) -- Bursa Malaysia extended its rally for the fifth consecutive day, breaching the 1,560 resistance level, underpinned by renewed investor appetite for data centre plays, and improving signals from geopolitical trade negotiations.

MAG’s Boeing Order Tailwinds 13MP’s Economic Blueprint

KUALA LUMPUR, Aug 9 (Bernama) -- Malaysia Aviation Group’s (MAG) purchase of 30 Boeing 737 MAX aircraft is a strategic manoeuvre aligned with the goals of the 13th Malaysia Plan (13MP) for economic transformation, industrial upskilling, and global trade recalibration.

Anwar Receives Courtesy Visit From Mitsubishi UFJ Financial Group Chairman

KUALA LUMPUR, Aug 8 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim today received a courtesy visit from a Mitsubishi UFJ Financial Group (MUFG) delegation led by its chairman Kanetsugu Mike in Putrajaya. 

Persistent Buying In Heavyweights Lifts Bursa Malaysia To End At Intraday High

By Danni Haizal Danial Donald

KUALA LUMPUR, Aug 7 -- Bursa Malaysia rebounded from a subdued morning session to close at its intraday high on Thursday, driven by sustained buying interest in selected heavyweights, particularly in the utilities and technology sectors, amid upbeat regional markets.

Government Mulls Raising Tobacco Tax — Anwar

PUTRAJAYA, Aug 7 (Bernama) -- The government is considering a proposal to raise the tobacco tax rate, Prime Minister Datuk Seri Anwar Ibrahim said on Thursday.

MOF: EPF Monthly Payout Plan Won’t Affect Current Withdrawals

KUALA LUMPUR, Aug 7 (Bernama) -- The proposed implementation of monthly pension-style payments for Employees Provident Fund (EPF) members, announced during the tabling of the 13th Malaysia Plan (13MP), will not affect the withdrawal rights of existing members, said Deputy Finance Minister Lim Hui Ying.

ACWA Power's Commitment Boosts Malaysia As Key Regional Energy Player - Anwar

KUALA LUMPUR, Aug 6 (Bernama) -- ACWA Power’s commitment to choose Malaysia to house its main hub in Southeast Asia has strengthened the country’s position as a key player in regional sustainable energy and supports efforts toward a low-carbon economy, said Prime Minister Datuk Seri Anwar Ibrahim.

Fiscal Deficit To Fall In Phases To Reduce National Debt Burden - PM Anwar

KUALA LUMPUR, Aug 5 (Bernama) — The MADANI government is gradually reducing the fiscal deficit in phases to lessen the national debt burden, said Prime Minister Datuk Seri Anwar Ibrahim.

Govt To Allocate RM1.4 Bln For Oil Palm Smallholders Replanting Programme Under 13MP -- Johari

JOHOR BAHRU, Aug 3 (Bernama) -- The government is expected to allocate RM1.4 billion in phases over five years to strengthen the oil palm replanting program for smallholders under the 13th Malaysia Plan (13MP), said Minister of Plantation Industries and Commodities Datuk Seri Johari Abdul Ghani.

Ringgit To Trade At 4.25-4.26 Vs Greenback On Fed Rate Cut Optimism

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Aug 2 (Bernama) -- The ringgit is expected to trade between 4.25 and 4.26 against the US dollar next week, following weaker-than-expected United States (US) Nonfarm Payrolls (NFP) data for July, which may prompt the US Federal Reserve (Fed) to consider an interest rate cut at its September meeting.

Bursa Malaysia To Trade Higher Next Week On US Rate Cut, Upcoming 13MP Debate

By Danni Haizal Danial Donald

KUALA LUMPUR, Aug 2 (Bernama) -- Bursa Malaysia is likely to trade higher next week, supported by improved investor sentiment following the reduction in United States (US) tariffs and the upcoming debate on the 13th Malaysia Plan (13MP) during the Parliamentary sitting beginning Aug 4.

Malaysia’s Role In Cambodia-Thailand Ceasefire Contributes Positively To US Tariff Talks

KUALA LUMPUR, Aug 1 (Bernama) – Malaysia's role as a mediator in the ceasefire negotiations between Cambodia and Thailand has contributed positively to the reciprocal negotiations between Malaysia and the United States (US), said Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Abdul Aziz.