Bursa Malaysia Opens Higher But Retreats Thereafter

KUALA LUMPUR, July 13 (Bernama) -- Bursa Malaysia opened slightly higher on Monday but retreated thereafter, as investors took profit following the benchmark index’s rally to a two-week high above the 1,690 level last week.

Ringgit Opens Slightly Lower Vs Greenback Amid Fragile West Asia Ceasefire

KUALA LUMPUR, July 13 (Bernama) -- The ringgit opened slightly lower against the US dollar on Monday amid uncertainties over the free flow of vessels through the Strait of Hormuz and the resilience of the United States economy, an analyst said.

Southeast Asia’s Next Growth Cycle To Be Driven By ‘Fabulous Five’ - Economist

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, July 12 (Bernama) -- Southeast Asia’s next growth cycle will not be written by one economy, one commodity cycle or one manufacturing corridor, but will instead be shaped by five economies, namely Malaysia, Indonesia, Thailand, the Philippines and Vietnam.

Malaysia Airlines Adds Shanghai Flight Cancellations Due To Typhoon Bavi

KUALA LUMPUR, July 11 (Bernama) -- Malaysia Airlines has announced additional flight cancellations involving the Kuala Lumpur-Shanghai route due to adverse weather conditions associated with Typhoon Bavi, following yesterday’s advisory on cancellations involving the Kuala Lumpur-Taipei route. 

Sarawak To Establish Sibu Economic Zone With RM1.5 Bln Allocation -- Abang Johari

SIBU, July 11 (Bernama) -- Sarawak will establish the Sibu Economic Zone (SEZ) with an allocation of RM1.5 billion to coordinate Sibu’s economic development in a more comprehensive and integrated manner, said Sarawak Premier Tan Sri Abang Johari Tun Openg.

Indonesia’s Creative Sector Leverages AI Solutions, Opens Doors For Selangor Collaboration

BANDUNG, July 11 (Bernama) -- The visit to Indonesia’s creative industry under the Selangor International Business Summit (SIBS)@ASEAN highlighted how artificial intelligence (AI) is becoming a supporting infrastructure for everyday life, as Selangor and Indonesia explore opportunities for collaboration and the deployment of AI solutions across industries.

MAS Joins Quirky Norway-England Airlines Logo Swipe Challenge

KUALA LUMPUR, July 11 (Bernama) -- Malaysia Airlines (MAS) joined the FIFA World Cup fever with a cheeky social media reaction to an “airline rivalry” between Norwegian Air and British Airways.

Rubber Market Set To Trade With Downside Bias Next Week Amid West Asia Tensions, Weak Demand

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, July 11 (Bernama) -- The Kuala Lumpur rubber market is expected to trade cautiously with a downside bias next week amid escalating geopolitical tensions in West Asia, subdued demand and weather-related supply disruptions.

Bursa Malaysia Likely To Trade Within Narrow Band Next Week Ahead Of Key Economic Data

By Danni Haizal Danial Donald

KUALA LUMPUR, July 11 (Bernama) -- Bursa Malaysia is expected to trade within a narrow band next week as investors navigate a packed calendar ahead of key economic data releases amid persistent geopolitical uncertainty.

Ringgit Ends Firmer As Safe Haven Demand For US Dollar Fades

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, July 10 (Bernama) -- The ringgit ended the week on a stronger note against the US dollar on Friday, as safe-haven demand for the greenback faded.

Advancecon Unit Secures RM121.66 Mln Data Centre ORS Project In Port Dickson

KUALA LUMPUR, July 10 (Bernama) -- Advancecon Holding Bhd's wholly-owned subsidiary, Advancecon Infra Sdn Bhd (AISB), has secured a sub-contract for an off-river storage (ORS) facility for a data centre in Port Dickson, Negeri Sembilan, for RM121.66 million.

Bursa Malaysia Closes Higher On Rebound In Financial Stocks

By Danni Haizal Danial Donald

KUALA LUMPUR, July 10 (Bernama) -- Bursa Malaysia closed higher on Friday, supported by a strong rebound in financial services stocks that lifted the overall market sentiment, in line with gains across regional markets.