Ringgit Ends Firmer As Safe Haven Demand For US Dollar Fades
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, July 10 (Bernama) -- The ringgit ended the week on a stronger note against the US dollar on Friday, as safe-haven demand for the greenback faded.
| LATEST NEWS | PDRM Management director Datuk Seri Abdul Aziz Abdul Majid appointed Deputy Inspector-General of Police effective Sept 9 - Saifuddin | An investigation paper into allegations Menteri Besar of Negeri Sembilan was forced to sign an Instrument of Proclamation has been opened and is still in progress -- Saifuddin Nasution | KDN evaluating offer for second ex-USCG offshore patrol vessel based on seaworthiness and refurbishment costs – Saifuddin | RELA members allowance of RM8 per hour will be reviewed to a more reasonable rate -- Saifuddin Nasution | The Data Centre Task Force has received more than 40 applications to establish or expand operations in Malaysia this year - MITI | |
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Advancecon Unit Secures RM121.66 Mln Data Centre ORS Project In Port Dickson
KUALA LUMPUR, July 10 (Bernama) -- Advancecon Holding Bhd's wholly-owned subsidiary, Advancecon Infra Sdn Bhd (AISB), has secured a sub-contract for an off-river storage (ORS) facility for a data centre in Port Dickson, Negeri Sembilan, for RM121.66 million.
Bursa Malaysia Closes Higher On Rebound In Financial Stocks
By Danni Haizal Danial Donald
KUALA LUMPUR, July 10 (Bernama) -- Bursa Malaysia closed higher on Friday, supported by a strong rebound in financial services stocks that lifted the overall market sentiment, in line with gains across regional markets.
Work Now Travels With Business Travellers, Holafly Research Finds
KUALA LUMPUR, July 10 (Bernama) -- Holafly for Business's latest research revealed that business travellers are increasingly carrying their work environment wherever they go, as modern business trips differ significantly from those around which most companies designed their travel policies.
Project B Appoints Landry Fields As Head Of Men's Basketball
KUALA LUMPUR, July 10 (Bernama) -- Project B, the high-stakes global basketball competition, has appointed Landry Fields as Head of Men's Basketball to help expand its global basketball platform ahead of its inaugural season in January 2027.
Global Sourcing Programme Generates RM325.9 Mln In Export Sales For Local Aerospace Firms - MATRADE
KUALA LUMPUR, July 10 (Bernama) -- The Malaysia External Trade Development Corporation’s (MATRADE) Global Sourcing Programme (GSP) has generated RM325.95 million in export sales for Malaysian aerospace companies.
AM Best Assigns Excellent Ratings To China Ping An Insurance (Hong Kong)
KUALA LUMPUR, July 10 (Bernama) -- Global credit rating agency, AM Best has assigned a financial strength rating of A- (Excellent) and a long-term issuer credit rating of “a-” (Excellent) to China Ping An Insurance (Hong Kong) Company Limited (CPAHK).
DEWA Launches International Arm To Expand Global Energy And Water Projects
KUALA LUMPUR, July 10 (Bernama) -- Dubai Electricity and Water Authority (DEWA) has announced the establishment of DEWA International, its wholly owned independent subsidiary, to develop conventional and clean energy projects worldwide and export Dubai’s successful energy and water infrastructure model to global markets.
AirAsia, TAT Strengthen Partnership To Boost Thailand Tourism
KUALA LUMPUR, July 10 (Bernama) -- Air Asia Group Bhd and the Tourism Authority of Thailand (TAT) have strengthened their long-standing partnership through the signing of a memorandum of understanding (MoU) to jointly promote Thailand as one of the region’s leading travel destinations.
RHB Bank Introduces RHB Sinar Credit Card-i With 14 Pct Profit Rate
KUALA LUMPUR, July 10 (Bernama) -- RHB Bank Bhd has introduced the new RHB Sinar Credit Card-i, which features a retail transaction profit rate of 14 per cent per annum, on par with similar offerings from industry peers, and lower than the industry norm, which may reach 18 per cent per annum.
Bursa Malaysia Sharply Higher At Midday, Tracking Regional Gains
KUALA LUMPUR, July 10 (Bernama) -- Bursa Malaysia was sharply higher at midday today, tracking gains in regional markets, as buying in financial heavyweights supported market sentiment.
OPR Status Quo Till End-2026 On Firmer Growth Outlook - Analysts
KUALA LUMPUR, July 10 (Bernama) -- Research houses have maintained their end-2026 forecast for Bank Negara Malaysia’s (BNM) overnight policy rate (OPR) at 2.75 per cent, citing BNM’s constructive assessment of Malaysia’s growth outlook and expectations of contained inflation.