Bursa Malaysia Ends Lower Amid Profit-taking, Higher Oil Prices

By Karina Imran

KUALA LUMPUR, July 22 (Bernama) -- Bursa Malaysia closed lower on Wednesday as investors continued to take profit following the recent rally, while elevated crude oil prices and lingering geopolitical tensions in West Asia kept market sentiment cautious, said an analyst. 

Selangor-Negeri Synergy Boosts Growth, Can Create New Economic Corridor - Amirudin

SEREMBAN, July 22 (Bernama) -- The synergy in strategic development between Selangor and Negeri Sembilan has the potential to create a new economic corridor capable of boosting the competitiveness of the country's central region through the strengthening of investment networks, high-tech industries and integrated logistics infrastructure.

Mah Sing To Develop RM2.26 Bln GDV Industrial Park In Johor

KUALA LUMPUR, July 22 (Bernama) -- Mah Sing Group Bhd will develop MS Industrial Park @ Kulai, an integrated industrial development in Johor with an estimated gross development value (GDV) of RM2.26 billion.

Gradiant Supports Europe’s Semiconductor Expansion With Water Solutions

KUALA LUMPUR, July 22 (Bernama) -- Gradiant, a global leader in advanced water and wastewater solutions, has completed its work for a major new semiconductor manufacturing facility in Dresden, strengthening Europe’s capacity to produce technologies powering an increasingly digital and electrified world.

Bursa Malaysia Lower At Midday On Mild Profit-taking

KUALA LUMPUR, July 22 (Bernama) -- Bursa Malaysia extended its decline at midday on continuous selling in selected heavyweight stocks due to mild profit-taking.

Govt Aligns Investment Direction Of GLICs, Public Funds Through GEAR-uP, MOF Inc

KUALA LUMPUR, July 22 (Bernama) -- The government is aligning the investment direction of government-linked investment companies (GLICs) and public funds through a clear national development policy, the Government-linked Enterprises Activation and Reform Programme (GEAR-uP) mechanism, and the strategic role of the Minister of Finance Incorporated (MOF Inc).

Bursa Malaysia Opens Lower Amid Continued Profit-taking

KUALA LUMPUR, July 22 (Bernama) -- Bursa Malaysia opened slightly lower on Wednesday, with continued profit-taking capping gains despite an overnight rebound on Wall Street, an analyst said.

ECRL Expected To Contribute Up To RM90 Bln To GDP By 2047

By Anis Nabilla Md Wazilah

KUANTAN, July 21 (Bernama) -- The East Coast Rail Link (ECRL) project is projected to generate RM80 to RM90 billion in cumulative value added contribution to the country’s gross domestic product (GDP) by 2047. 

Bursa Malaysia Ends Lower On Profit-Taking Despite Positive Market Breadth

KUALA LUMPUR, July 21 (Bernama) -- Bursa Malaysia’s key index closed marginally lower on Tuesday, weighed down by continued profit-taking, although the positive market breadth indicated that selective buying interest remained intact.

Bursa Malaysia Lower At Midday As It Tracks Wall St Weakness

KUALA LUMPUR, July 21 (Bernama) -- Bursa Malaysia ended the morning session in negative territory, tracking the weaker performance on Wall Street overnight.

PCEB Partners With Six Institutions To Strengthen Business Events Talent

GEORGE TOWN, July 21 (Bernama) – The Penang Convention & Exhibition Bureau (PCEB) today formalised its strategic partnership with six institutions of higher learning to strengthen the talent pipeline for Malaysia’s business events industry.

Sabah Collects RM1.38 Bln In State Sales Tax As Of June

KOTA KINABALU, July 21 (Bernama) -- Sabah’s state sales tax collection for the main sectors as of June 30 this year stood at RM1.38 billion, the State Legislative Assembly was told today.