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Maybank IB Remains Positive On Axiata's Earnings Outlook, Reiterates 'buy' Call

KUALA LUMPUR, July 11 (Bernama) -- Maybank Investment Bank Bhd (Maybank IB) maintained a positive earnings forecast on Axiata Group Bhd and reiterated a ‘Buy’ call on Axiata with an unchanged target price of RM2.90 per share.

FBM KLCI Opens Slightly Higher, Retreats Thereafter

KUALA LUMPUR, July 11 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) opened slightly higher but retreated thereafter on Friday, amid a mixed regional market trend coupled with a lack of fresh catalysts, said an analyst.

FBM KLCI Futures Mostly Lower At Opening

KUALA LUMPUR, July 11 (Bernama) -- FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives opened mostly lower today.

Construction Sector To See Data Centre Contracts Award Upswing In 2H -- HLIB

KUALA LUMPUR, July 11 (Bernama) -- Malaysia’s construction sector is forecast to see a data centre (DC) award cycle in the second half of the year, driven by multiple contract decisions on tenders submitted in the first half of 2025 (1H 2025), according to Hong Leong Investment Bank Bhd (HLIB).

Sianlon Aquatic Eyes Japan Market Expansion

By Abdul Hamid A Rahman

 

KUALA LUMPUR, July 11 (Bernama) -- Sianlon Aquatic Sdn Bhd, one of Malaysia’s leading ornamental fish breeders, is exploring new export prospects in the Japanese market following its participation in Expo 2025 Osaka.

Aik Cheong Brews Global Ambitions At Expo 2025 Osaka

KUALA LUMPUR, July 11 (Bernama) -- Expo 2025 Osaka serves as a strategic platform for Aik Cheong Coffee Roaster Sdn Bhd to strengthen its international presence and showcase Malaysia’s homegrown excellence on a world-class platform.

ASEAN Must Demand Equal Market Access From EU, China Amid Rising Tariff Pressure -- Analyst

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, July 11 (Bernama) -- ASEAN must demand reciprocal market access from major trading partners such as the European Union (EU) and China, especially in sectors like palm oil, halal products and electric vehicle (EV) battery minerals, to safeguard its regional trade stability amid rising global protectionism, an analyst said.

Ringgit Opens Slightly Lower vs US Dollar, Mixed Fed Signals

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, July 11 (Bernama) -- The ringgit opened slightly lower against the US dollar on Friday, supported by a slightly firmer US Dollar Index (DXY) and mixed signals from the US Federal Reserve (US Fed).

Amir Hamzah Provided Good Cooperation During Proceedings Regarding MAHB Privatisation Issue - PAC

KUALA LUMPUR, July 10 (Bernama) -- Finance Minister II Datuk Seri Amir Hamzah Azizan has provided good cooperation throughout the Public Accounts Committee (PAC) proceedings regarding the issue of share sales and privatisation of Malaysia Airports Holdings Berhad (MAHB).

US Engages Asean Countries On Tariffs, Rubio Says Door Remains Open On Rate Adjustment

By Zufazlin Baharuddin & Nurunnasihah Ahmad Rashid

KUALA LUMPUR, July 10 (Bernama) -- The United States is holding active discussions with several countries at the 58th ASEAN Foreign Ministers’ Meeting (AMM) to push for further progress on US reciprocal tariffs.

Malaysia’s Aerospace Industry Revenue Expected To Expand Up To 25 Pct This Year -- Tengku Zafrul

KUALA LUMPUR, July 10 (Bernama) — Malaysia’s aerospace industry revenue is projected to grow 20 to 25 per cent this year from RM25.1 billion (US$5.93 billion) in 2024, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz. 

One-month Window For Talks As US Open To Malaysia’s Views On New Tariffs - Anwar

KUALA LUMPUR, July 10 (Bernama) -- Malaysia still has a one-month window to negotiate with the United States (US) regarding the newly announced reciprocal tariffs by Donald Trump’s administration, said Prime Minister Datuk Seri Anwar Ibrahim.