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By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, July 9 (Bernama) -- Bank Negara Malaysia’s (BNM) decision to maintain the overnight policy rate (OPR) highlights the growing importance of structural reforms and investment policies in driving Malaysia's long-term growth, with monetary policy providing a stable backdrop for economic expansion, according to an economist.
By Harizah Hanim Mohamed
BANDUNG, July 9 (Bernama) -- Selangor wants to build trade relations and enhance connections between investors in the state and West Java, Indonesia, to drive stronger economic growth for both parties, said Selangor Menteri Besar Datuk Seri Amirudin Shari.
KUALA LUMPUR, July 9 (Bernama) -- The Malaysian Investment Development Authority (MIDA) and Perusahaan Otomobil Kedua Sdn Bhd (Perodua) today organised an Environmental, Social and Governance (ESG) Awareness Session for local automotive vendors.
KUALA LUMPUR, July 9 (Bernama) -- Bursa Malaysia remained lower at midday on Thursday, as market sentiment stayed cautious ahead of Bank Negara Malaysia’s (BNM) overnight policy rate (OPR) decision later today.
KUALA LUMPUR, July 8 (Bernama) -- GB Bond Holdings Bhd, a Penang-based manufacturer of water-based industrial adhesives, emulsion polymers and sealants, has obtained Bursa Malaysia Securities Bhd's approval for its initial public offering (IPO) ahead of its listing on the ACE Market of Bursa Malaysia.
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.
HULU SELANGOR, July 7 (Bernama) -- MCE Holdings Bhd (MCE) today officially launched the MCE Auto Hub, a RM50 million advanced manufacturing facility in UMW High Value Manufacturing Park, Serendah, that will strengthen the group's design, engineering, manufacturing and research and development capabilities.
KUALA LUMPUR, July 7 (Bernama) -- Ge-Shen Corp Bhd’s wholly owned subsidiary, Ge-Shen Plastic (M) Sdn Bhd, has entered into a sale and purchase agreement with Plastico Sdn Bhd to dispose of five parcels of freehold land located in Tebrau, Johor, for RM35.50 million.
SERENDAH, July 7 (Bernama) -- The government is revamping the New Customised Incentive Mechanism (NCM) for the automotive industry, intending to implement it next year after completing consultations with the relevant ministries, agencies, and industry players.
SERENDAH, July 7 (Bernama) -- MCE Holdings Bhd expects its newly launched MCE Auto Hub here to accelerate Malaysia’s transition towards higher-value automotive manufacturing by strengthening local capabilities in the design, engineering and production of advanced automotive electronics.
KUALA LUMPUR, July 7 (Bernama) -- Proxima Fusion has raised 411 million euros (US$468 million) in a financing round, valuing the company at 2.4 billion euros (US$2.7 billion) and making it Europe's best-funded fusion energy company. (US$1=RM4.08)
KUALA LUMPUR, July 7 (Bernama) -- The cultural exchange event, Encounter & Insight: Dialogue Between Ningbo, China and Colombo, Sri Lanka, brought together representatives from the two port cities to discuss integrated port-city development and bilateral economic and trade connectivity.
