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Rubber Market Ends Lower On Weaker Regional Futures

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Aug 3 (Bernama) -- The Kuala Lumpur rubber market ended lower on Monday, tracking weaker regional rubber futures amid a sharp decline in crude oil prices and expectations of higher global natural rubber production, a dealer said.

More Than 14.2 Mln Individuals Received BUDI95, With Over 13.4 Bln Litres Consumed - Amir Hamzah

KUALA LUMPUR, Aug 3 (Bernama) -- More than 14.2 million out of 16.7 million people who are eligible for the BUDI MADANI RON95 (BUDI95) subsidy have benefitted from the programme, involving the consumption of more than 13.4 billion litres of RON95 fuel, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Perodua Cuts Axia Prices, Passes Operational Savings To Customers

KUALA LUMPUR, Aug 3 (Bernama) -- Perusahaan Otomobil Kedua Sdn Bhd (Perodua) has today reduced the price of its Axia model, Malaysia's most affordable compact car model, by up to RM4,700, effective immediately. 

MBSB Bank-Huawei Technologies In RM400 Mln Financing To Support 5G Infrastructure

KUALA LUMPUR, Aug 3 (Bernama) -- MBSB Bank Bhd has entered into a RM400 million structured receivable purchase facility with Huawei Technologies (Malaysia) Sdn Bhd, supporting the deployment of equipment and services for U Mobile’s 5G Radio Access Network.

Ringgit Opens Higher Against US Dollar Ahead Of Key Us Economic Data

KUALA LUMPUR, Aug 3 (Bernama) -- The ringgit opened slightly higher against the US dollar on Monday ahead of the release of key United States (US) economic data today amid easing tensions in West Asia.

Tawau Port Acquires Two New Dock Cranes Worth RM70 Million - Hajiji

TAWAU, Aug 2 (Bernama) -- The acquisition of two new quay cranes worth RM70 million for Tawau Port is expected to boost port efficiency and strengthen its role as a key maritime gateway on Sabah’s east coast.

Malaysia's F1 Return To Boost Retail, F&B SMEs, Says Retailers Association

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Aug 2 (Bernama) -- Consumer spending across the retail and food and beverage (F&B) sectors, particularly among small and medium enterprises (SMEs), is expected to gain momentum from higher visitor arrivals and stronger demand generated by Malaysia's hosting of the Formula 1 Gulf Air Bahrain Grand Prix.

Sabah Set To Get 40 Pct Stake In FLNG Project, Says Hajiji

KALABAKAN, Aug 1 (Bernama) -- The Sabah government is expected to secure a 40 per cent stake in a floating liquefied natural gas (FLNG) project in the state under an agreement to be signed with Petronas in the coming months.

Malaysia’s Economic Performance To Remain Strong In 2H 2026 - Akmal Nasrullah

KUALA LUMPUR, Aug 1 (Bernama) -- The government expects Malaysia’s economic performance to remain strong in the second half of 2026 (2H 2026), said Minister of Economy Akmal Nasrullah Mohd Nasir.

PKMM Urges Govt To Expedite Rollout Of Construction Projects For 2026

KUALA LUMPUR, Aug 1 (Bernama) -- The Malay Contractors Association of Malaysia (PKMM) has urged the government to expedite the implementation of construction projects planned for 2026 to ensure the continued operation of local contractors and revitalise the country’s construction sector. 

Bursa Malaysia Likely To Trade On An Upside Bias Next Week

By Zufazlin Baharuddin and Fatin Umairah Abdul Hamid

KUALA LUMPUR, Aug 1 (Bernama) -- Bursa Malaysia is expected to trade with an upside bias next week, supported by resilient corporate earnings, improving foreign fund inflows, and easing concerns over global trade.

Ringgit Expected To Trade Between 4.07 And 4.09 Against US Dollar Next Week

KUALA LUMPUR, Aug 1 (Bernama) -- The ringgit is expected to trade between 4.07 and 4.09 against the US dollar next week, with market sentiment likely to be guided by a series of key United States (US) economic data releases and their implications for the Federal Reserve’s interest rate outlook.