CPO Futures Strengthen On Higher Crude Oil Prices

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, July 13 (Bernama) – Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher on Monday, tracking gains in the crude oil market.

Milux Proposes To Acquire 100 Pct Stake In Movon For RM150 Mln

KUALA LUMPUR, July 13 (Bernama) -- Home appliance distributor Milux Corporation Bhd has proposed to acquire a 100 per cent equity interest in Movon Sdn Bhd from Abletech Solutions Sdn Bhd (ASSB) and Datuk Dr Lim Jee Gin for RM150 million.

PRG Appoints Steven Kang As Group MD, Executive Director

KUALA LUMPUR, July 13 (Bernama) -- PRG Holdings Bhd has appointed Steven Kang Boon Lian as its new group managing director and executive director effective today, replacing Andrew Chan Lim-Fai. 

Malaysia, South Korea Launch AI Academy To Train Digital Talent

SHAH ALAM, July 13 (Bernama) -- The Ministry of Digital today launched the Korea-ASEAN Digital Academy (KADA), a joint initiative with the Republic of Korea to develop industry-ready artificial intelligence (AI) and digital professionals in Malaysia.

Gold Futures Close Lower

KUALA LUMPUR, July 13 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower on Monday, mirroring the decline in US COMEX gold prices.

Ringgit Closes Higher Against Major, Regional Currencies

By Abdul Hamid A Rahman

KUALA LUMPUR, July 13 (Bernama) -- The ringgit ended higher against major and regional currencies, including the US dollar, on Monday amid continued geopolitical uncertainties in West Asia.

KLCI Futures Close Higher

KUALA LUMPUR, July 13 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives closed higher on Monday.

Plantation, Commodity Stocks Lift Bursa Malaysia Higher At Close

By Siti Noor Afera Abu

KUALA LUMPUR, July 13 (Bernama) -- Bursa Malaysia ended higher on Monday as gains in plantation and commodity-related counters offset the cautious regional sentiment.

Indonesia's B50 Mandate Opens Growth Opportunities For Malaysian Palm Oil - MPOC

By Danni Haizal Danial Donald

KUALA LUMPUR, July 13 (Bernama) -- The recent launch of Indonesia's nationwide rollout of the B50 biodiesel mandate presents an opportunity for Malaysia to strengthen its existing palm oil markets while expanding its market share in selected destinations.

Short-term Gold Prices Likely To Hover US$3,800-US$4,200 Per Troy Ounce -- Go Capital

KUALA LUMPUR, July 13 (Bernama) -- Gold prices are likely to hover between US$3,800 and US$4,200 (US$1=RM4.071) per troy ounce amid pressure from crude oil prices and inflation, Go Capital Growth Sdn Bhd general manager Hong Kok Wah said.

Liew Calls For One-stop Centre To Boost Semiconductor, Deep-tech Financing

KUALA LUMPUR, July 13 (Bernama) -- Deputy Finance Minister Liew Chin Tong has proposed that Malaysia establish a one-stop centre for semiconductor and deep-tech financing, offering integrated financing solutions in the heart of Malaysia’s technology cluster.

Four Malaysian Companies Receive Six Arm Technology Approvals -- Akmal Nasrullah

KUALA LUMPUR, July 13 (Bernama) -- Six Arm technology access tokens or approvals have been offered to four Malaysian companies, comprising three Arm Compute Subsystems accesses and three Arm Flexible Access licences, as of today, said Economy Minister Akmal Nasrullah Mohd Nasir.