Rubber Market Forecasts To Trade Slightly Lower Next Week

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, July 25 (Bernama) -- The Kuala Lumpur rubber market is projected to trade slightly lower next week due to ample supply, a balanced supply and demand, and limited speculative buying, despite ongoing geopolitical tensions and rising oil prices.

Malaysia's US$1.5 Bln Global Sukuk Sets Pricing Benchmark, Says CIMB

KUALA LUMPUR, July 24 (Bernama) -- CIMB Group Holdings Bhd said Malaysia's US$1.5 billion Global Sukuk issuance drew strong demand from high-quality global institutional investors and achieved a record-tight spread for a sovereign US dollar Islamic bond, setting a new benchmark in the international sukuk market.

Humanoid Raises US$152 Mln In Series A

KUALA LUMPUR, July 24 (Bernama) -- Humanoid, a United Kingdom-based artificial intelligence (AI) and robotics company developing industrial humanoid robots, has raised US$152 million in a Series A funding round, valuing the company at US$1.35 billion post-money and bringing its total capital raised to US$270 million. (US$1=RM4.09)

Kerjaya Prospek Edges Higher After RM52.5 Mln M&E Contract Win

KUALA LUMPUR, July 24 (Bernama) -- Kerjaya Prospek Group Bhd’s share price rose five sen to RM2.46 after securing a RM52.5 million contract for the execution and completion of civil, structural and basic low-voltage mechanical and electrical (M&E) works for a data centre in the Klang Valley.

Malaysia's US$1.5 Bln Global Sukuk 4.7 Times Oversubscribed, Record-Low Spread

PUTRAJAYA, July 24 (Bernama) -- Strong investor demand drove a 4.7 times oversubscription for Malaysia’s US$1.5 billion Global Sukuk issuance, which was priced at a record-low spread, the Ministry of Finance (MOF) said.

YNH Property Delays RM34 Mln In Interest-Like Payments On Its Perpetual Securities

KUALA LUMPUR, July 23 (Bernama) -- YNH Property Bhd has exercised its contractual right to defer approximately RM34.41 million in coupon payments and accrued obligations related to its two outstanding tranches of perpetual securities.

National Petroleum Reserve Establishment Timely Amid Recurring Geopolitical Tensions - Analysts

By Siti Radziah Hamzah

KUALA LUMPUR, July 23 (Bernama) -- Malaysia’s move to study the establishment of a national petroleum reserve (NPR) is timely as recurring geopolitical tensions around key global shipping routes underscore the need to strengthen the country’s long-term energy resilience, said analysts.

Assessment Of Strategic Stockpile Needs Key To Extending National Petroleum Supply Resilience

KUALA LUMPUR, July 23 (Bernama) -- Measures to diversify supply sources and assess strategic stockpiling needs are crucial for extending the resilience of the country's petroleum supply beyond the current operational period, according to the Ministry of Economy.

AirBorneo Sees Strong Demand For Its First International Route From Kuching To Singapore 

SINGAPORE, July 23 (Bernama) -- Sarawak state-owned airline AirBorneo Airways expects strong demand for its newly launched first international route between Kuching and Singapore, following the inaugural flight on July 22.

Trinity Group, Hamilton Reserve Bank Facilitate Nevis IBC Formation, Banking Access

KUALA LUMPUR, July 23 (Bernama) -- Trinity Group has collaborated with Hamilton Reserve Bank to support international entrepreneurs and businesses seeking to establish a Nevis International Business Company (IBC), offering a streamlined pathway from company formation to international banking.

Indonesia's New Export Entity Expected To Have Limited Economic Impact -- RHB IB

By Nik Nurfaqih Nik Wil

JAKARTA, July 23 (Bernama) -- Indonesia’s newly established export entity Danantara Sumberdaya Indonesia (DSI) is expected to have only a limited near-term impact on the country’s economy and commodity export market, easing concerns over major changes to strategic commodity exports.

GDB Holdings Bags RM439.4 Mln Mont Kiara Development Project

KUALA LUMPUR, July 22 (Bernama) -- GDB Holdings Bhd has secured a RM439.4 million contract to construct the Wolo Hotel & Residences Mont Kiara KL project in Kuala Lumpur from Magma Kiara Sdn Bhd.