LATEST NEWS   PDRM Management director Datuk Seri Abdul Aziz Abdul Majid appointed Deputy Inspector-General of Police effective Sept 9 - Saifuddin | An investigation paper into allegations Menteri Besar of Negeri Sembilan was forced to sign an Instrument of Proclamation has been opened and is still in progress -- Saifuddin Nasution | KDN evaluating offer for second ex-USCG offshore patrol vessel based on seaworthiness and refurbishment costs – Saifuddin | RELA members allowance of RM8 per hour will be reviewed to a more reasonable rate -- Saifuddin Nasution | The Data Centre Task Force has received more than 40 applications to establish or expand operations in Malaysia this year - MITI  | 

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Malaysia On Track To Become A Top 12 Globally Competitive Economy - Mohd Shahar

KUALA LUMPUR, July 27 (Bernama) -- Malaysia is on track to achieve the target set under the 13th Malaysia Plan (13MP) of becoming among the top 12 economies in global competitiveness, according to Deputy Economy Minister Datuk Mohd Shahar Abdullah.

Vietnam’s Non-Life Insurance Segment Set For Stable Outlook - AM Best

KUALA LUMPUR, July 27 (Bernama) -- Global credit rating agency, AM Best has maintained its stable outlook on Vietnam’s non-life insurance segment, citing robust demand, technology adoption and healthy macroeconomic factors.

Mobix Labs To Acquire Drone Maker Vision Aerial

KUALA LUMPUR, July 27 (Bernama) -- Mobix Labs Inc has signed a definitive agreement to acquire Vision Aerial Inc, a United States (US)-based manufacturer of National Defense Authorization Act (NDAA)-compliant unmanned aerial systems, in a deal valued at approximately US$15 million. (US$1=RM4.08)

Sabah People's Fish Programme Strengthens Food Security, Supports Fishermen -- SAFMA

LABUAN, July 27 (Bernama) -- The Sabah Fish Marketing Sdn Bhd’s (SAFMA) fish programme continues to play a key role in strengthening the state’s food security, ensuring a steady supply of fresh, quality fish at affordable prices.

Bursa Malaysia Opens Higher As West Asia Tensions Ease

KUALA LUMPUR, July 27 (Bernama) -- Bursa Malaysia rebounded to open higher on Monday as easing tensions in West Asia lifted market sentiment after the United States paused airstrikes over the weekend.

Ringgit Opens Higher Vs US Dollar Ahead Of State Poll

By Karina Imran & Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, July 27 (Bernama) -- The ringgit opened higher against the US dollar on Monday, supported by positive domestic sentiment ahead of the Negeri Sembilan state election, although caution ahead of the US Federal Open Market Committee (FOMC) meeting capped gains.

JOM MALAYSIA Platform Set To Boost Sabah Products In Global Markets

SANDAKAN, July 25 (Bernama) --  The National “Let's Buy Malaysian Products” Movement (JOM MALAYSIA) is expected to catalyse the promotion of Sabah-made products and brands to the international market, in line with the "local to global" aspiration, which is one of the key focuses of the Sabah Maju Jaya (SMJ) 2.0 development agenda.

Decision On F1 Race In Malaysia Lies With Youth And Sports Ministry - Petronas

By Siti Radziah Hamzah

KUALA LUMPUR, July 25 (Bernama) -- Petroliam Nasional Bhd (Petronas) said the decision on whether Malaysia will once again host a Formula One (F1) race falls under the purview of the Ministry of Youth and Sports and relevant authorities.

Ringgit Seen Trading At RM4.08-RM4.10 Against US Dollar Next Week Ahead Of Fed Decision

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, July 25 (Bernama) -- The ringgit is expected to trade within the RM4.08-RM4.10 range against the greenback next week on caution ahead of key domestic and external events, namely the US interest rate decision and the Negeri Sembilan state election.

CPO Futures Seen Lower Next Week On Profit-taking After Recent Rally

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, July 25 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to trade lower next week as profit-taking is likely to emerge after the recent rally despite crude oil prices remaining elevated.

Rubber Market Forecasts To Trade Slightly Lower Next Week

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, July 25 (Bernama) -- The Kuala Lumpur rubber market is projected to trade slightly lower next week due to ample supply, a balanced supply and demand, and limited speculative buying, despite ongoing geopolitical tensions and rising oil prices.

KLCI Futures Seen In The 1,690-1,720 Range Next Week

By Engku Shariful Azni Engku Ab Latif & Harizah Hanim Mohamed

KUALA LUMPUR, July 25 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures are expected to trade with a slight bearish bias within a range of 1,690 to 1,720, said an analyst.