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ASM Automation Makes ACE Market Debut, Eyes Global Expansion

KUALA LUMPUR, July 2 (Bernama) -- ACE Market debutant ASM Automation Group Bhd aims to drive future growth by expanding its presence and enhancing its automation machinery solutions in Malaysia and key international markets.

Gamuda Shares Rise On Landmark Tasmania Renewable Energy Deal

KUALA LUMPUR, July 2 (Bernama) -- Gamuda Bhd’s shares gained traction in early trade on Wednesday, following the signing of a landmark agreement with Tasmanian landowners to co-develop large-scale renewable energy projects.

Diversification Ensures Malaysia's Economy Remains Resilient

By Samantha Tan Chiew Tieng

PUTRAJAYA, July 2 (Bernama) – Malaysia remains on solid footing due to its inclusive and long-term economic strategy despite geopolitical tensions in the Middle East raising concerns over the potential closure of the Strait of Hormuz and disruptions to global energy supply.

India Eyes Deeper Ties In Semiconductors And Digital Economy With Malaysia

KUALA LUMPUR, July 2 (Bernama) -- India is keen to deepen its already robust business linkages with Malaysia in the fast-growing semiconductor industry and digital economy.

Ringgit Rises As US Dollar Weakens On Fiscal Worries

KUALA LUMPUR, July 2 (Bernama) -- The ringgit opened stronger against the US dollar on Wednesday, supported by continued weakness in the greenback as fiscal uncertainties and tariff risks in the United States weighed on sentiment, an analyst said.

Tariff: Positive Response From US To Malaysia's Approach - Amir Hamzah

KUALA LUMPUR, July 1 (Bernama) -- The United States (US) has responded positively to Malaysia's approach and engagements on tariff issues and proposals, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Gold Futures Rise On Expectations Of Fed Rate Cut

By Abdul Hamid A Rahman

KUALA LUMPUR, July 1 (Bernama) -- Gold futures contract on Bursa Malaysia Derivatives ended higher today, supported by growing expectations of interest rate cut by the United States (US) Federal Reserve (Fed), said SPI Asset Management managing partner Stephen Innes.

SynVista To Invest RM235 Mln In Energy Storage Facility In Selangor, Eyes Operations In 4Q

KUALA LUMPUR, July 1 (Bernama) -- SynVista Energy Holdings Pte Ltd (SynVista Energy), a  Singapore-headquartered global leader in artificial intelligence (AI)-powered energy storage systems, is investing US$50 million (RM210 million) to establish its first energy storage manufacturing facility in Selangor.

CCIB Unit To Buy Alpadis Trust (Labuan) For US$750,000

KUALA LUMPUR, July 1 (Bernama) -- CC International Bhd (CCIB), via its indirect wholly-owned subsidiary, Indah Secretarial (Penang) Sdn Bhd (ISPG), has entered into a share purchase agreement to acquire the entire issued shares of Alpadis Trust (Labuan) Ltd for US$750,000 (US$1=RM4.19).

Kerjaya Prospek Buys Land In Selangor For RM112.79 Mln

KUALA LUMPUR, July 1 (Bernama) -- Kerjaya Prospek Group Bhd will acquire three pieces of land in Selangor for RM112.79 million to increase land banks at strategic locations for future growth.

KPK To Hold Engagement Session With Palm Oil Industry Players On SST Implementation

KUALA LUMPUR, July 1 (Bernama) -- The Ministry of Plantation and Commodities (KPK) will hold an engagement session with palm oil industry stakeholders on July 3, said Deputy Minister of Plantation and Commodities, Datuk Chan Fong Hin.

Avaland To Buy PJ Land For RM49 Mln

KUALA LUMPUR, July 1 (Bernama) -- Property developer Avaland Bhd has entered into an agreement to acquire 2.2 acres (0.89 hectare) of prime development land in Section 13, Petaling Jaya worth RM49 million.