Economic

Expat Pass Application Process Reduced To 10 Days Via Xpats Gateway

KUALA LUMPUR, July 7 (Bernama) --  The processing time for Expatriate Employment Pass (EP) approvals, which used to take up to 40 days, has been reduced to just 10 working days following the integration of the Integrated Foreign Worker Management System (ePPAx) and MYFutureJobs into the Xpats Gateway, effective July 1.

Market

Gold Futures Close Lower As US Dollar Strengthens

KUALA LUMPUR, July 7 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed lower on Monday as the US dollar strengthened, analysts said.

Ringgit Lower Against US Dollar, Appreciates Vs Other Major Currencies

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, July 7 (Bernama) -- The ringgit closed weaker against the US dollar on Monday but traded better against major currencies, as traders and investors are observing the United States (US) tariff situation, an analyst said. 

FBM KLCI Futures Close Lower

KUALA LUMPUR, July 7 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives ended lower on Monday.

Rubber Market Ends Lower, Tracks Regional Losses And Oil Decline

By K. Naveen Prabu

KUALA LUMPUR, July 7 (Bernama) -- The Malaysian rubber market closed lower on Monday, tracking losses in regional rubber futures and a decline in crude oil prices, a dealer said.

Corporate

Expat Pass Application Process Reduced To 10 Days Via Xpats Gateway

KUALA LUMPUR, July 7 (Bernama) --  The processing time for Expatriate Employment Pass (EP) approvals, which used to take up to 40 days, has been reduced to just 10 working days following the integration of the Integrated Foreign Worker Management System (ePPAx) and MYFutureJobs into the Xpats Gateway, effective July 1.

ABP Group Opens Office In Malaysia To Build Greater Delivery Capacity

KUALA LUMPUR, July 7 (Bernama) -- Cybersecurity provider ABP Group Pte Ltd has strengthened its presence in Malaysia with the launch of a new office in KL Eco City, which is expected to allow it to build greater delivery capacity, deepen client engagement, and respond more quickly to emerging threats across Southeast Asia.

Over RM2.2 Mln In Subsidies Still Available Under i-MULA 50 Insurance Initiative, Says LIAM

KUALA LUMPUR, July 7 (Bernama) -- More than RM2.2 million in subsidies remain available under the i-MULA 50 Starter Pack programme for first-time insurance buyers, according to the Life Insurance Association of Malaysia (LIAM).