ROYC To Establish Luxembourg Feeder Fund For Slättö

KUALA LUMPUR, July 3 (Bernama) -- ROYC, a global structuring and platform provider, has been selected by Slättö, a Nordic private markets real estate firm, to establish and manage a Luxembourg-domiciled feeder fund to efficiently aggregate individual subscriptions from professional investors.

Bursa Malaysia Extends Midday Gains

KUALA LUMPUR, July 3 (Bernama) -- Bursa Malaysia extended its gains at midday, tracking advances across regional markets as sustained buying interest in heavyweight counters continued to provide support.

Eckem Sees Strong Demand For Its Industrial Chemicals Amid Data Centre Boom

KUALA LUMPUR, July 3 (Bernama) -- Eckem Holdings Bhd expects demand for its specialty industrial chemical products to remain resilient, supported by the rapid expansion of artificial intelligence (AI)-driven data centres.

Azalea Vision Secures EIC Accelerator Funding To Advance Smart Contact Lens Platform

KUALA LUMPUR, July 3 (Bernama) -- Azalea Vision, a Belgian healthtech company, announced it has been selected for the European Innovation Council (EIC) Accelerator, the European Union’s (EU) flagship programme for breakthrough, market-creating deep tech.

Stronger Ringgit Has Not Affected Trade, Helps To Lower Production Costs - MITI

KUALA LUMPUR, July 2 (Bernama) -- The strengthening of the ringgit has not affected the country's trade performance. Instead, it has helped to make Malaysia's exports more price-competitive in international markets, according to the Ministry of Investment, Trade and Industry (MITI).

Ringgit Closes Higher Against US Dollar, Regional Currencies

By Abdul Hamid A Rahman

KUALA LUMPUR, July 2 (Bernama) -- The ringgit ended higher against the US dollar and regional currencies today as the greenback remained subdued following a lack of clear guidance on the United States interest rate outlook.

IPPFA Maintains Malaysia's 2026 GDP Growth Forecast At 4.6 Pct Despite Global Uncertainty

KUALA LUMPUR, July 2 (Bernama) -- IPP Financial Advisers (IPPFA) has maintained its 2026 Malaysia gross domestic product (GDP) growth forecast at 4.6 per cent despite global uncertainty, supported by resilient domestic demand, private investment and a gradual recovery in external trade.

Banks Increasingly Require Firms Seeking Loans To Provide Sustainability Reports -- ESGright

KUALA LUMPUR, July 2 (Bernama) -- It will be hugely advantageous for big companies as well as small and medium enterprises (SMES) to comply with sustainable reporting requirements so that they have access to capital and markets and retain their competitiveness.

HSBC Sees 10 Pct Upside For FBM KLCI By Year-end

By Abdul Hamid A Rahman

KUALA LUMPUR, July 1 (Bernama) -- HSBC Private Bank and Premier Wealth has set a year-end target of 1,850 points for the FTSE Bursa Malaysia KLCI (FBM KLCI), implying about 10 per cent upside from current levels.

Ringgit Ends Lower As Fed Rate Hike Concerns Lift US Dollar

By Abdul Hamid A Rahman

KUALA LUMPUR, July 1 (Bernama) -- The ringgit ended lower against the US dollar today as expectations of a United States (US) Federal Reserve (Fed) rate hike continued to weigh on regional market sentiment.

Regional Rubber Futures Losses Weigh On Kuala Lumpur Rubber Market

KUALA LUMPUR, July 1 (Bernama) -- The Kuala Lumpur rubber market ended lower on Wednesday, tracking losses in regional rubber futures markets, a dealer said.

Vertiv Expects Johor Plant To Reach Technical Capacity By 3Q 2027

JOHOR BAHRU, July 1 (Bernama) -- US-based digital infrastructure company Vertiv Group expects its Johor manufacturing facility to gradually ramp up production, with about 15 to 20 per cent of its production lines currently in operation.