US Tariff Deadline Expected To Boost Gold’s Safe-haven Appeal Next Week

By Abdul Hamid A Rahman

KUALA LUMPUR, July 5 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to maintain their bullish momentum, supported by renewed investor interest in safe-haven assets following the United States tariff deadline on July 9, which has added a layer of uncertainty to the market.

Sabah To Raise OGSE Contracts For Local Firms By 100 Per Cent This Year – Hajiji

KOTA KINABALU, July 3 (Bernama) -- The Sabah government, in collaboration with Petroliam Nasional Bhd (Petronas) and industry partners, has set a target to increase by 100 per cent the value of local contracts in the oil and gas services and equipment (OGSE) sector awarded to Sabah-based companies this year.

Data Centre's Robust Expansion To Drive Electricity Demand – Kenanga IB

KUALA LUMPUR, July 3 (Bernama) -- The robust expansion of data centres (DCs) is expected to drive electricity demand, which in turn will increase the need for power generation and gas consumption, said Kenanga Investment Bank Bhd (Kenanga Research).

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.

Gamuda’s Unit signs Deal To Co-develop Renewable Energy Projects In Australia

KUALA LUMPUR, June 30 (Bernama) -- Gamuda’s wholly owned Australian subsidiary, Gamuda Holdings Pty Ltd, has signed a landmark agreement with local Tasmanian landowners to co-develop a portfolio of large-scale renewable energy projects in Central Tasmania.

Powerwell Accepts RM16.6 Mln Switchboard Orders For Hyperscale Data Centre Project

KUALA LUMPUR, July 1 (Bernama) -- Powerwell Holdings Bhd has accepted purchase orders (POs) worth RM16.63 million to supply switchboards and components for a hyperscale data centre project at Elmina Business Park, Selangor.

Ni Hsin Signs Hoa To Explore Acquisition Of Hy-Fresh Poultry Group

KUALA LUMPUR, June 30 (Bernama) -- Ni Hsin Group Bhd today signed a heads of agreement (HOA) with the intention to acquire Hy-Fresh Group, one of Malaysia’s largest fully integrated halal-certified poultry businesses.

ASB 3 Didik Declares Income Distribution Of 5.25 Sen Per Unit

KUALA LUMPUR, June 30 (Bernama) -- Permodalan Nasional Bhd’s (PNB) wholly owned unit trust management company Amanah Saham Nasional Bhd (ASNB) has declared a total income distribution payout of RM423 million for its fixed price fund Amanah Saham Bumiputera 3 Didik (ASB 3 Didik) for the financial year ending June 30, 2025.

BNM: Malaysia’s Official Reserves Assets At US$119.59 Bln As Of End-May 2025

KUALA LUMPUR, June 30 (Bernama) -- Malaysia’s official reserve assets amounted to US$119.59 billion (US$1= RM4.21) as of end-May 2025, while other foreign currency assets stood at US$955.2 million, according to Bank Negara Malaysia (BNM).

Stronger Ringgit, Fed Shift Could Draw Capital To Malaysia

By Siti Noor Afera Abu

KUALA LUMPUR, June 29 (Bernama) -- Malaysia could attract renewed capital inflows into its bond and equity markets, underpinned by a stronger ringgit and a possible shift in US monetary policy.

Fadillah Holds Meeting With Rosatom On Nuclear Energy Development

From Siti Radziah Hamzah

MOSCOW, June 27 (Bernama) -- Deputy Prime Minister Datuk Seri Fadillah Yusof today held a meeting with Russia's state nuclear corporation Rosatom’s director-general Alexey Likhachev to discuss bilateral cooperation in nuclear energy. 

Allianz Malaysia Supports Healthcare Reforms To Promote Affordability And Insurance Sustainability

KUALA LUMPUR, June 26 (Bernama) – Allianz Malaysia Bhd fully supports systemic reforms in the healthcare sector to address rising medical costs and ensure the long-term viability of the insurance industry for the benefit of customers.