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Economy

Govt To Streamline Policies, Incentives To Accelerate EV Ecosystem -- Sim

KUALA LUMPUR, July 8 (Bernama) -- The government is streamlining policies and incentives to accelerate the development of the electric vehicle (EV) ecosystem, including expanding charging facilities nationwide, said Deputy Investment, Trade and Industry Minister Sim Tze Tzin. 

Modon's Hudayriyat Project Tops 13 Bln Emirati Dirham In Sales

KUALA LUMPUR, July 8 (Bernama) -- Modon has recorded more than 13 billion Emirati dirham in sales within days of launching Hudayriyat Golf Estates on Hudayriyat Island in Abu Dhabi, setting what the company claimed is the highest publicly recorded sales value for a single residential project launch in the United Arab Emirates (UAE). (100 Emirati dirham = RM111.03)

Anaqua Renews IP Management Partnership With Sony

KUALA LUMPUR, July 8 (Bernama) -- Anaqua has renewed its partnership with Sony Group Corporation (Sony) to continue providing intellectual property (IP) management technology and services, supporting the Japanese company's efforts to strengthen IP as a driver of business strategy, innovation and global growth.

Future Of Finance To Be Defined By Trust, Not Technology -- BNM Governor

KUALA LUMPUR, July 8 (Bernama) -- The future of finance will not be defined by the speed or sophistication of technology, but by whether it strengthens trust, broadens opportunity and serves society well.

Vivani, Novo Nordisk Sign Agreement To Evaluate Weight Management Implant

KUALA LUMPUR, July 8 (Bernama) -- Vivani Medical Inc (Vivani), a biopharmaceutical company developing ultra long-acting drug implants, has signed an agreement with Novo Nordisk to evaluate its semaglutide drug implant, NPM-139, for chronic weight management.

LYB, Mondelez Turn Plastic Waste Into Chocolate Wrappers

KUALA LUMPUR, July 8 (Bernama) -- Global chemical company, LyondellBasell (LYB) has introduced an innovative flexible packaging solution for Marabou chocolate bars, developed in collaboration with Mondelez International, Amcor, Taghleef Industries and other industry players.

Future Of Finance Requires Human-AI Balance -- Amir Hamzah

KUALA LUMPUR, July 8 (Bernama) -- As artificial intelligence (AI) becomes more embedded in finance, the future of the industry will need to combine human judgment with machine intelligence, guided by ethical leadership, accountability and a culture of responsible innovation.

BNM To Keep OPR At 2.75 Pct On Contained Inflation, Growth -- Kenanga IB

KUALA LUMPUR, July 8 (Bernama) -- Bank Negara Malaysia (BNM) is expected to maintain the overnight policy rate (OPR) at 2.75 per cent through 2026 on contained inflation and resilient domestic growth, said Kenanga Investment Bank Bhd (Kenanga IB).

HLIB Raises 2026, 2027 Average CPO Price Forecast To RM4,450, RM4,300 Per Tonne

KUALA LUMPUR, July 8 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) has raised its 2026 and 2027 average crude palm oil (CPO) price assumptions by RM100 per tonne to RM4,450 per tonne and RM4,300 per tonne.

OSK Property Unveils TAMU @ OSK Mori Park, Shah Alam

SHAH ALAM, July 8 (Bernama) -- OSK Property today unveiled TAMU @ OSK Mori Park, the third phase of its master-planned transit-oriented development in Section 13, Shah Alam.

Crude Oil Supplies For Industrial Production Remain Stable

KUALA LUMPUR, July 7 (Bernama) -- Crude oil supplies for industrial production, including resin manufacturing, remain stable, and industries are also adjusting their operations to cope with rising costs, the Ministry of Economy said.

Govt Will Ensure Sufficient Petroleum Levels From July To December 2026

KUALA LUMPUR, July 7 (Bernama) -- The government will continue to ensure there are secure and sufficient levels of petroleum from July 2026 to December 2026, according to the Economy Ministry.