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KUALA LUMPUR, July 7 (Bernama) -- Malaysia is committed to strengthening co-operation in economics, trade and investment with BRICS countries, especially with the great potential of artificial intelligence (AI) which needs to be harnessed for inclusive development.
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.
KUALA LUMPUR, July 7 (Bernama) -- Maybank Investment Bank Bhd (Maybank IB) expects Bank Negara Malaysia (BNM) to lower its overnight policy rate (OPR) by 25 basis points (bps) at the Monetary Policy Committee (MPC) meeting to be held on July 9, 2025.
KUALA LUMPUR, July 7 (Bernama) -- The global economy is expected to face a slowdown in the second half (2H) of 2025 as tariffs imposed on the United States’ (US) trading partners have impacted all economic actors, according to CGS International Securities Malaysia Sdn Bhd (CGS MY).
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.
From Arul Rajoo Durar Raj
RIO DE JANEIRO, July 6 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim’s meeting with his Indian counterpart Narendra Modi, held on the sidelines of the 17th BRICS Summit here on Sunday (Monday morning in Malaysia), touched on trade and investment opportunities as well as the proposed establishment of an Indian Institute of Technology (IIT) campus in Malaysia.
From Arul Rajoo Durar Raj
RIO DE JANEIRO, July 6 (Bernama) — Malaysia has welcomed the BRICS Statement on Artificial Intelligence (AI) Governance, voicing strong support for a vision of AI that serves development over domination, embeds ethics, reduces inequality and respects human dignity.
From Arul Rajoo Durar Raj
RIO DE JANEIRO, July 6 (Bernama) -- Malaysia will conduct a comprehensive review of potential membership in the New Development Bank (NDB), taking into account various aspects, including the required commitments and the effectiveness of participation in the institution, said Prime Minister Datuk Seri Anwar Ibrahim.
From Arul Rajoo Duran Raj
RIO DE JANEIRO, July 6 (Bernama) -- The government is committed to strengthening Malaysia’s aviation industry ecosystem and is ready to assist investors towards that.
By Siti Radziah Hamzah
KUALA LUMPUR, July 6 (Bernama) -- The Sarawak-linked segment of the ASEAN Power Grid (APG) is shaping up to be a crucial enabler of regional decarbonisation efforts, supplying low-carbon hydropower to displace fossil fuel generation across Southeast Asia, said an expert.
From Arul Rajoo Durar Raj
RIO DE JANEIRO, July 5 (Bernama) -- Malaysian companies must be willing to explore new markets and trading opportunities overseas.
KUALA LUMPUR, July 5 (Bernama) — Prime Minister Datuk Seri Anwar Ibrahim has called for an increase in intra-BRICS trade and for the grouping to emerge as a strong and principled force, grounded in equity, mutual respect, and a shared commitment to shaping a more balanced and just international order.
