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BMI Sees BNM Holding OPR At 2.75 Pct In July Amid Contained Inflation

KUALA LUMPUR, May 11 (Bernama) -- BMI, a unit of Fitch Solutions, expects Bank Negara Malaysia (BNM) to leave the overnight policy rate (OPR) on hold at 2.75 per cent at its next meeting on July 9, following the central bank’s May 7 rate decision.

139th Canton Fair Draws Record Overseas Buyers

KUALA LUMPUR, May 11 (Bernama) -- The 139th Canton Fair in Guangdong Province concluded with a record number of overseas buyers, underscoring continued global demand for Chinese products and manufacturing innovation.

Malaysia Targets Stronger EV Ecosystem Via OEM-Local Vendor Ties -- Sim

KUALA LUMPUR, May 11 (Bernama) -- Malaysia wants original equipment manufacturers (OEMs) to collaborate with local vendors to level up the entire value chain and ecosystem via the new electric vehicle (EV) policy, said Deputy Investment, Trade and Industry Minister Sim Tze Tzin. 

Stoneshield Capital Becomes Meliá’s Second-Largest Shareholder 

KUALA LUMPUR, May 11 (Bernama) -- Stoneshield Capital has become the second-largest shareholder in Meliá Hotels International (Meliá) with a 9.5 per cent stake, while Stoneshield co-founder, Juan Pepa has been appointed to Meliá’s Board of Directors.

PDI Technologies, The Retail Marketeers Honour Six Women In Europe’s Convenience Retail, Mobility Sectors

KUALA LUMPUR, May 11 (Bernama) -- PDI Technologies and The Retail Marketeers announced the recipients of the 2026 European Female Leaders in Convenience Awards, recognising women leaders in Europe’s convenience retail and mobility sectors.

Bursa Malaysia Ends Morning Session Higher On Gains In Plantation, Healthcare

KUALA LUMPUR, May 11 (Bernama) -- Bursa Malaysia’s benchmark index remained above the 1,700-point level at the end of the morning trading session, supported by buying interest, particularly in plantation and healthcare counters.

BNM, Bank Indonesia Sign Mou To Strengthen Bilateral Cooperation

KUALA LUMPUR, May 11 (Bernama) -- Bank Negara Malaysia (BNM) and Bank Indonesia (BI) have signed a new memorandum of understanding (MoU) that strengthens bilateral cooperation between the two central banks.

Govt Refining Appropriate Threshold For Petrol Subsidy Recipients-- Akmal

PUTRAJAYA, May 11 (Bernama) -- The government is refining the appropriate threshold between those who should receive petrol subsidies and those who can be excluded as part of the effort to implement a more targeted subsidy mechanism, said Economy Minister Akmal Nasrullah Mohd Nasir.

Three Local Companies Approved For Access To Arm Ltd's Technology - Akmal

PUTRAJAYA, May 11 (Bernama) -- The government has extended offers under the strategic collaboration between the Malaysian government and Arm Ltd to three local companies as part of efforts to strengthen the nation’s capabilities in integrated circuit (IC) design.

Foreign Funds Turn Net Buyers On Bursa Malaysia With RM95.2 Mln Inflow -- CIMB Securities

KUALA LUMPUR, May 11 (Bernama) -- Foreign investors turned net buyers of equities last week after three weeks of net selling, with a net inflow of RM95.2 million against a net outflow of RM160.8 million in the preceding week, according to CIMB Securities Sdn Bhd.

Real Estate Seen As Inflation Hedge Amid Energy Price Pressures -- RHB IB

KUALA LUMPUR, May 11 (Bernama) --  Real estate remains a good hedge against rising inflationary pressures driven by energy price increases stemming from the West Asia conflict, said RHB Investment Bank Bhd (RHB IB).

Bursa Malaysia Opens Higher On Buying Interest In Heavyweights

KUALA LUMPUR, May 11 (Bernama) -- Bursa Malaysia opened firmer on Monday, driven by buying interest in selected heavyweight counters following the market’s retreat after a five-session rally last week.