LATEST NEWS   F1: International Federation of Automobile (FIA) waives USD1 million initial registration fee for Malaysia to host F1 Grand Prix - PM Anwar | Peace and excellent record in hosting international programmes are factors in Malaysia being chosen to host F1 race - PM Anwar | Sultan Nazrin proposes Global Waqf Governance framework as common, voluntarily adoptable set of core principles that any waqf institution can use | Sultan Nazrin calls for wider adoption of digital cash-waqf platforms for transparency | The Statistics Bill 2026 is expected to be gazetted by end-2026, the Department of Statistics Malaysia will be renamed Department of Statistics when the act comes into force -- Akmal Nasrullah | 

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Gold Futures Close Lower In Line With Weaker COMEX Gold

KUALA LUMPUR, July 10 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended lower on Friday, tracking weaker COMEX gold prices amid expectations that the US Federal Reserve will keep interest rates elevated.

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.

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.

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).

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.

Selangor Eyes September Groundbreaking For Carey Island Port, Reviews Potential Operators

By Harizah Hanim Mohamed

BANDUNG, July 10 (Bernama) -- Selangor is ready to break ground on the proposed third port terminal on Carey Island as early as September, subject to the Ministry of Transport's (MOT) approval of the port licence, as the state reviews potential operators for the terminal, Menteri Besar Datuk Seri Amirudin Shari said.

PKFZ Ready To Support Pulau Carey Third Terminal, Bigger Economic Cake Envisioned

By Harizah Hanim Mohamed

PORT KLANG, July 10 (Bernama) -- Port Klang Free Zone (PKFZ) will not lose out from Port Klang’s development of its third terminal on Carey Island as the economic cake is enough with increased cargo movements.

Nippon Kinzoku Launches "Fine Eco Metal" Electrical Steel Strips

KUALA LUMPUR, July 10 (Bernama) -- Nippon Kinzoku Co Ltd and its subsidiary, Nikkin Denji Kogyo Co Ltd, have launched a strategic sales initiative for their ultra-thin grain-orientated (GT Series) and non-orientated (ST Series) electrical steel strips under the "Fine Eco Metal" brand.