Bursa Malaysia Remains Lower At Mid-Morning

KUALA LUMPUR, July 30 (Bernama) -- Bursa Malaysia remained lower at mid-morning, weighed down by continuous selling in selected heavyweights, mainly in the utilities counters.

PUNB Alocates RM80 Mln To Support 220 Bumiputera Entrepreneurs

KUALA LUMPUR, July 30 (Bernama) -- Perbadanan Usahawan Nasional Bhd (PUNB) has introduced and enhanced three specialised financing programmes, which are expected to benefit 220 entrepreneurs, with a total allocation of RM80 million to help bumiputera entrepreneurs secure capital faster, strengthen cash flow, and expand their business capacity.

Sunway Healthcare Share Price Slips Following Johor Land Acquisition

KUALA LUMPUR, July 30 (Bernama) -- Sunway Healthcare Holding Bhd’s share price was down after its unit acquired four parcels of freehold land in Sunway City Iskandar Puteri, Johor, for RM45.37 million. 

Bursa Malaysia Opens Lower After US Fed Stands Pat

KUALA LUMPUR, July 30 (Bernama) -- Bursa Malaysia opened lower on Thursday, taking cues from dampened sentiment on US Wall Street after the US Federal Reserve (Fed) kept interest rates steady at its latest Federal Open Market Committee (FOMC) meeting. 

Ringgit Opens Higher As US Fed Holds Rate Steady

KUALA LUMPUR, July 30 (Bernama) -- The ringgit opened higher against the US dollar, supported by the weaker greenback after the US Federal Reserve (Fed) kept interest rates steady at its latest Federal Open Market Committee (FOMC) meeting.

RCI Recommends Forensic Audit Into 14 Tabung Haji Investments

KUALA LUMPUR, July 29 (Bernama) -- The Royal Commission of Inquiry (RCI) into the management and operations of Lembaga Tabung Haji (TH) has recommended a forensic audit into 14 past investment decisions that resulted in significant asset impairments at the Islamic pilgrimage fund.

IJM Chairman Krishnan Tan To Step Down After Four Decades

KUALA LUMPUR, July 29 (Bernama) -- IJM Corporation Bhd chairman Tan Sri Krishnan Tan will step down after more than four decades with the group, as he will not seek re-election at the company's annual general meeting (AGM) on Aug 27.

CPO Futures Rebound Amid Firmer Crude Oil Prices

By K. Naveen Prabu

KUALA LUMPUR, July 29 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives rebounded to close higher on Wednesday, tracking gains in crude oil prices amid escalating tensions in West Asia.

Petra Energy Unit To Dispose Of Two Vessels For RM61.31 Mln

KUALA LUMPUR, July 29 (Bernama) -- Petra Energy Bhd's wholly-owned subsidiary Petra Marine Sdn Bhd (PMSB) has inked two memoranda of agreement (MoAs) for the disposal of its vessels for a total of about RM61.31 million.

Air Selangor Prices World’s First Blue Sukuk At RM200 Mln

KUALA LUMPUR, July 29 (Bernama) -- Pengurusan Air Selangor Sdn Bhd has successfully priced the world’s first blue sukuk and Malaysia’s first blue bond/sukuk issuance, with a nominal value of RM200 million.

BNM Plans To Set Up Governance Framework To Keep MediAsas Sustainable And Affordable

KUALA LUMPUR, July 29 (Bernama) – Bank Negara Malaysia (BNM) plans to set up a governance framework to ensure that MediAsas, Malaysia’s base medical and health insurance and takaful (MHIT) product, remains affordable and sustainable over the long term amid rising healthcare costs.

ASEAN Needs Massive Capital, Stronger Partnerships To Accelerate Energy Transition -- Anwar

PETALING JAYA, July 29 (Bernama) -- ASEAN requires massive, sustained and structured capital to build solar farms, upgrade grids, install battery storage, and upskill workers, as national governments cannot bear this burden alone, said Prime Minister Datuk Seri Anwar Ibrahim.