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MBI Wants Malaysia, Indonesia To Emerge As Major Integrated Circuit Producers

From Harizah Hanim Mohamed

BANDUNG, July 10 (Bernama) --  Menteri Besar Selangor Incorporated (MBI) wants to see the semiconductor industry in Malaysia and Indonesia grow more rapidly, with both countries developing into major producers of integrated circuits (ICs), said group chief executive officer Datuk Saipolyazan M Yusop.

Bursa Malaysia Opens Higher Tracking Wall Street Cues

KUALA LUMPUR, July 10 (Bernama) -- Bursa Malaysia opened higher on Friday, tracking overnight gains on Wall Street spearheaded by tech stocks, amid West Asia uncertainties.

CPO Futures End Lower As Traders React To Indonesia's B50 Biodiesel Mandate

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, July 9 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower on Thursday as traders reacted to Indonesia's official announcement of its B50 biodiesel mandate, which projected lower-than-expected domestic palm oil consumption.

AIA Malaysia Marks 10th Year Milestone As Million Dollar Round Table Insurer

KUALA LUMPUR, July 9 (Bernama) -- Insurance and takaful provider AIA Malaysia has secured the top position in the Million Dollar Round Table (MDRT) rankings in Malaysia for the 10th time, recording a total of 827 MDRT qualifiers, including 19 Top of the Table (TOT) and 67 Court of the Table (COT) members.  

AI, Digital Cash Set To Reshape Financial Systems

KUALA LUMPUR, July 9 (Bernama) -- The emergence of artificial intelligence (AI)-driven autonomous agentic systems could become significantly more consequential for financial systems when paired with digital cash, such as stablecoins, tokenised deposits or deposit tokens.

Structural Reforms Increasingly Key To Malaysia’s Growth As BNM Maintains OPR

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.

Bursa Malaysia Closes Lower Amid Renewed West Asia Tensions

By Danni Haizal Danial Donald

KUALA LUMPUR, July 9 (Bernama) -- Bursa Malaysia closed lower on Thursday as renewed geopolitical tensions in West Asia weighed on investor sentiment.

Malaysia Airlines Expands China Network With Direct Flights To Shenzhen, Changsha

PUTRAJAYA, July 9 (Bernama) -- Malaysia Airlines Bhd has expanded its network in China with the launch of direct services from Kuala Lumpur to Shenzhen and Changsha, bringing the total number of destinations served by the airline in the country to nine.

Thai PM Anutin Optimistic Of Achieving US$30 Bln Trade Target With Malaysia By 2027

KUALA LUMPUR, July 9 (Bernama) -- Thailand is confident of achieving its US$30 billion (US$1=RM4.073) bilateral trade target with Malaysia by 2027, Prime Minister Anutin Charnvirakul said.

MAHB, Mitsui Fudosan To Develop RM80 Mln Subang Air Cargo Logistics Complex

SUBANG, July 9 (Bernama) -- Malaysia Airports Holdings Bhd (MAHB) and Mitsui Fudosan Group (Mitsui Fudosan) will undertake an RM80 million investment to develop a new air cargo logistics complex, with MAHB holding a 30 per cent stake and Mitsui Fudosan owning the remaining 70 per cent.

AEON Bank Biz Supercharges Business Growth With Term Financing-i And Working Capital Financing-i

KUALA LUMPUR, July 9 (Bernama) -- AEON Bank (M) Bhd, Malaysia's first digital Islamic bank, has introduced Term Financing-i and Working Capital Financing-i, anchored by its business banking vertical, AEON Bank Biz, as it expands its business banking financing facilities.

Bursa Malaysia Lower At Midday Ahead Of OPR Announcement

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.