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Pos Malaysia Remains Focused On Reducing Losses Through Transformation Plan

KUALA LUMPUR, July 20 (Bernama) -- Pos Malaysia Bhd, under DRB-HICOM Bhd, remains focused on reducing losses through its transformation plan, supported by network rationalisation, expansion of digital channels and prudent management of its cost base and revenue mix.

Bursa Malaysia Opens Higher On Renewed Foreign Inflows

KUALA LUMPUR, July 21 (Bernama) -- Bursa Malaysia opened higher on Tuesday, as renewed foreign inflows are expected to continue supporting the recovery of the FTSE Bursa Malaysia KLCI (FBM KLCI).

BNM To Continue Promoting Two-Way Flows In Onshore Financial Market

By M. Saraswathi & Karina Imran

KUALA LUMPUR, July 21 (Bernama) -- Bank Negara Malaysia (BNM) will continue its efforts to promote two-way flows and deepen Malaysia’s onshore financial market through the measured liberalisation of its foreign exchange policy (FEP) framework, while safeguarding Malaysia’s financial and macroeconomic stability.

Ringgit Opens Flat Against US Dollar, Mostly Higher Versus Major Currencies

By Siti Radziah Hamzah & Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, July 21 (Bernama) -- The ringgit opened flat against the US dollar but mostly higher against other major currencies on Tuesday, supported by Malaysia’s strong economic data, which helped cushion the impact of heightened global market volatility.

RON95 Subsidy Savings Used For Targeted Support, Food Security --MOF

KUALA LUMPUR, July 20 (Bernama) -- Savings generated from the targeted RON95 petrol subsidy mechanism are not being retained solely as a fiscal surplus, the Ministry of Finance (MOF) said.

CPO Futures Ends Higher, Tracking Gains In Soybean Oil

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, July 20 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended higher on Monday, tracking gains in soybean oil and crude oil prices, amid renewed tension in West Asia, according to a trader.

Gold Futures End Higher In Tandem With COMEX Gains

KUALA LUMPUR, July 20 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher today in tandem with gains in gold prices on the US Commodity Exchange (COMEX).

BYD Sime Motors Launches First BYD Certified Outlet In Asia Pacific

KUALA LUMPUR, July 20 (Bernama) -- BYD Sime Motors has launched BYD Certified, the Chinese electric vehicle (EV) maker's official certified pre-owned vehicle programme, marking the establishment of the first BYD Certified outlet in the Asia Pacific region.

Ringgit Ends Higher Against US Dollar On Robust Economic Data

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, July 20 (Bernama) -- The ringgit ended higher against the US dollar and other major currencies on Monday, supported by robust Malaysian economic data that reinforced confidence in the country's economic fundamentals.

KLCI Futures Close Lower

KUALA LUMPUR, July 20 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives closed lower on Monday. 

Airborneo To Support Sarawak's Regional Investment Hub Aspiration -- Abang Johari

SEPANG, July 20 (Bernama) -- AirBorneo will play a key long-term role in transforming Sarawak into a regional investment and logistics hub, while reinforcing Malaysia's economic growth, said Sarawak Premier Tan Sri Abang Johari Tun Openg.

Bursa Malaysia Closes Lower On Profit-taking In Banking Stocks

KUALA LUMPUR, July 20 (Bernama) -- Bursa Malaysia’s key index closed lower on Monday as profit-taking in banking heavyweights weighed on the benchmark, although sentiment across the broader market remained steady.