RISDA Strengthens Efforts To Boost Rubber Productivity, Reduce Production Costs Amid Global Uncertainties

KUALA LUMPUR, July 21 (Bernama) -- The Ministry of Rural and Regional Development (KKDW), through the Rubber Industry Smallholders Development Authority (RISDA), will continue to strengthen efforts to increase rubber plantation productivity, reduce production costs, enhance marketing efficiency and promote income diversification for smallholders.

Malaysia Sees High Digital Service Adoption, 98 Pct Are Frequent Users

KUALA LUMPUR, July 21 (Bernama) -- A total of 98 per cent of Malaysian respondents described themselves as frequent users of digital services, cementing the nation's status as a digital-first nation, according to IDEMIA Group's IDEMIA Secure Transactions (IST) study.

Pos Malaysia Remains Focused On Reducing Losses Through Transformation Plan

KUALA LUMPUR, July 20 (Bernama) -- Pos Malaysia Bhd, under DRB-HICOM Bhd, remains focused on reducing losses through its transformation plan, supported by network rationalisation, expansion of digital channels and prudent management of its cost base and revenue mix.

Bursa Malaysia Opens Higher On Renewed Foreign Inflows

KUALA LUMPUR, July 21 (Bernama) -- Bursa Malaysia opened higher on Tuesday, as renewed foreign inflows are expected to continue supporting the recovery of the FTSE Bursa Malaysia KLCI (FBM KLCI).

BNM To Continue Promoting Two-Way Flows In Onshore Financial Market

By M. Saraswathi & Karina Imran

KUALA LUMPUR, July 21 (Bernama) -- Bank Negara Malaysia (BNM) will continue its efforts to promote two-way flows and deepen Malaysia’s onshore financial market through the measured liberalisation of its foreign exchange policy (FEP) framework, while safeguarding Malaysia’s financial and macroeconomic stability.

Ringgit Opens Flat Against US Dollar, Mostly Higher Versus Major Currencies

By Siti Radziah Hamzah & Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, July 21 (Bernama) -- The ringgit opened flat against the US dollar but mostly higher against other major currencies on Tuesday, supported by Malaysia’s strong economic data, which helped cushion the impact of heightened global market volatility.

CPO Futures Ends Higher, Tracking Gains In Soybean Oil

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, July 20 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended higher on Monday, tracking gains in soybean oil and crude oil prices, amid renewed tension in West Asia, according to a trader.

BYD Sime Motors Launches First BYD Certified Outlet In Asia Pacific

KUALA LUMPUR, July 20 (Bernama) -- BYD Sime Motors has launched BYD Certified, the Chinese electric vehicle (EV) maker's official certified pre-owned vehicle programme, marking the establishment of the first BYD Certified outlet in the Asia Pacific region.

Bursa Malaysia Closes Lower On Profit-taking In Banking Stocks

KUALA LUMPUR, July 20 (Bernama) -- Bursa Malaysia’s key index closed lower on Monday as profit-taking in banking heavyweights weighed on the benchmark, although sentiment across the broader market remained steady.

CIMB Aims To Be Primary Wealth Partner For ASEAN’s Affluent

KUALA LUMPUR, July 20 (Bernama) -- CIMB Group aims to become the primary wealth management partner for affluent individuals across ASEAN through the introduction of CIMB Private Wealth, as rising incomes, urbanisation and intergenerational wealth transfers reshape demand for wealth advisory services across the region.

AirBorneo To Expand Operations Across ASEAN, Maintains Rural Air Services

SEPANG, July 20 (Bernama) --  AirBorneo Airways will expand its operations to several destinations across ASEAN while maintaining its responsibility to provide rural air services in Sarawak and Sabah.

DPM Fadillah Welcomes AirBorneo's Inaugural Flight At KLIA

SEPANG, July 20 (Bernama) — Deputy Prime Minister Datuk Seri Fadillah Yusof welcomed AirBorneo Airways inaugural flight from Kuching to Kuala Lumpur International Airport (KLIA) Terminal 1 here today.