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US Tariff Jitters Drag FBM KLCI Lower For Second Day

By Siti Noor Afera Abu and Danni Haizal Danial Donald

KUALA LUMPUR, July 8 (Bernama) -- Bursa Malaysia ended lower for a second straight session on Tuesday, bucking the regional uptrend, as investor sentiment remained cautious amid renewed concerns over US tariffs, analysts said.

FMM Seeks Swift Diplomatic And Domestic Interventions To Counter US Tariff Impact

KUALA LUMPUR, July 8 (Bernama) -- The Federation of Malaysian Manufacturing (FMM) has called on the government to intensify its diplomatic and policy response following the United States' announcement of a 25 per cent blanket tariff on Malaysian exports.

Federal Engagement Crucial As Penang Braces For Impact Of US Tariffs — Chow

GEORGE TOWN, July 8 (Bernama) -- The Malaysian Government must continuously engage with its United States (US) counterparts to negotiate a lower tariff rate, following Washington’s recent decision to impose a 25 per cent duty on goods from Malaysia, said Penang Chief Minister Chow Kon Yeow.

Sabah Attracts Third Largest Total Investment In Malaysia For 1Q 2025

KOTA KINABALU, July 8 (Bernama) -- Sabah has recorded approved investments totalling RM10.9 billion for the first quarter (1Q) of this year, representing the third highest in Malaysia after Selangor and Kuala Lumpur, the Sabah State Legislative Assembly was told today.

Sabah Records Investments Totalling RM35.38 Bln From 2021-2024

KOTA KINABALU, July 8 (Bernama) -- Sabah has received a total of RM35.38 billion in investments, involving 420 projects between 2021 and 2024, the Sabah State Legislative Assembly was told today.

Bursa Malaysia Ends Morning Session Lower On Mild Selling

KUALA LUMPUR, July 8 (Bernama) -- Bursa Malaysia ended the morning session lower due to mild selling in selected heavyweight stocks, led by financial and industrial products and services counters, amid continued investor concerns over United States (US) President Donald Trump’s tariff uncertainty, an analyst said.

MITI To Hold Press Conference To Address Latest US' Tariff - Tengku Zafrul

KUALA LUMPUR, July 8 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) will be holding a press conference to address the latest reciprocal tariff rate of 25 per cent on Malaysian exports to the United States (US), said Minister Tengku Datuk Seri Zafrul Abdul Aziz.

Petronas Ships Its First LNG Cargo From LNG Canada Facility

KUALA LUMPUR, July 8 (Bernama) -- Petroliam Nasional Bhd (Petronas) has successfully shipped the first liquefied natural gas (LNG) cargo from its newly operational LNG Canada facility in Kitimat, British Columbia (B.C.), Canada.

ChemOne Secures US$350 Mln Islamic Insurance Cover From ISDB's Unit

KUALA LUMPUR, July 8 (Bernama) -- ChemOne Group has secured a US$350 million (US$1 = RM4.23) Islamic insurance cover from the Islamic Development Bank (IsDB)'s unit, Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC).

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).

YTL Power Invests RM10 Bln In AI, Encourages Local Companies To Leverage AI Infrastructure

KUALA LUMPUR, July 8 (Bernama) – YTL Power International Bhd has invested about RM10 billion in artificial intelligence (AI) and AI infrastructure to date and encourages Malaysian companies to invest in AI and leverage the infrastructure.

Malaysia Wants Airbus, Embraer To Consider Malaysia As MRO, Supply Chain hub

KUALA LUMPUR, July 8 (Bernama) -- Malaysia wants aircraft supplier companies such as Airbus and Embraer to make the country a hub for maintenance, repair and overhaul (MRO), training and supply chain activities, if the agreements to purchase dozens of aircraft by AirAsia and Malaysia Airlines are realised.