Economy

Govt Shifts Focus To Scaling Up MSMEs After Resilient 2025

KUALA LUMPUR, July 31 (Bernama) -- Malaysia's micro, small and medium enterprise (MSME) sector remains resilient as the sector's gross domestic product (GDP) grew by 5.7 per cent to almost RM690 billion in 2025.

PAAB Raises RM720 Mln Blue Sukuk For Water Infrastructure

KUALA LUMPUR, July 31 (Bernama) -- Pengurusan Aset Air Bhd (PAAB) has completed the issuance of RM720 million of blue sukuk through Pengurusan Air SPV Bhd under its existing RM2 billion Islamic Commercial Papers Programme.

Lantronix, Swarmer Partner On AI Drone Compute Platform

KUALA LUMPUR, July 31 (Bernama) -- Lantronix Inc has partnered with drone autonomy software developer Swarmer Inc to develop a customised compute platform for Group 1 unmanned aerial systems (UAS), supporting the deployment of first-person view (FPV) and other small drones for defence programmes in Ukraine, the United States (US) and allied nations.

Malaysia Airlines Reserves Comment, Cooperates With Indonesian Authorities Over Pilot's Alleged Drug Offence

By Kisho Kumari Sucedaram

KUALA LUMPUR, July 31 (Bernama) -- Malaysia Airlines reserves its comment on its pilot being caught for a narcotics-related offence by the Indonesian authorities but noted that the airline takes such allegations seriously.

BNM: Malaysia's International Reserves Assets At US$132.56 Bln As Of End-June

KUALA LUMPUR, July 31 (Bernama) -- Malaysia’s international reserve assets amounted to US$132.56 billion (US$1= RM4.08), while other foreign currency assets stood at US$1.54 billion as of end-June 2026, said Bank Negara Malaysia (BNM).

Mary Kay Reports Progress On 2030 Sustainability Goals

KUALA LUMPUR, July 31 (Bernama) -- Mary Kay Inc has released its 2026 Sustainability Report, highlighting progress towards its 2030 goals and key achievements in environmental, social and economic initiatives in 2025.

Univar Solutions Honours Top Transportation Partners

KUALA LUMPUR, July 31 (Bernama) -- Univar Solutions LLC (Univar Solutions) has recognised outstanding transportation providers across North America through its annual Carrier Awards, honouring companies for excellence in safety, service and supply chain performance.

AICB, ICC Academy Launch Certified Trade Finance Qualification To Strengthen Malaysia’s Talent Pipeline

KUALA LUMPUR, July 31 (Bernama) -- The Asian Institute of Chartered Bankers (AICB) in collaboration with the International Chamber of Commerce (ICC) Academy has officially launched the Certified Trade Finance Professional (CTFP) programme in Malaysia, expanding access to an internationally recognised qualification for professionals supporting cross-border trade.

Malaysia Tourism Sector To Rev up For F1 Bahrain GP

KUALA LUMPUR, July 31 (Bernama) -- Malaysia’s tourist arrivals are expected to shift into high gear with the arrival of Formula One (F1) racing fans from all across the globe to attend the F1 Gulf Air Bahrain Grand Prix 2026 (Bahrain GP), to be held at the Sepang International Circuit (SIC) on Oct 2-4.

TH Says Nearly RM10 Bln In Asset Sales Aided Recovery, RM2.6 Bln Lossses Later Addressed

KUALA LUMPUR, July 31 (Bernama) -- The Lembaga Tabung Haji (TH) Recovery and Restructuring Plan has successfully addressed RM12.6 billion in investment losses, with RM10 billion resolved under the 2018 recovery plan and the remaining RM2.6 billion recognised progressively through the end of 2025.

2018 Tabung Haji Bailout Averted Massive Deposit Withdrawal, Financial Market Crisis

KUALA LUMPUR, July 31 (Bernama) -- Lembaga Tabung Haji (TH) has described the recovery and restructuring plan implemented in 2018 as a necessary financial bailout to prevent the institution from becoming insolvent, saying that TH would have otherwise faced the risk of a massive deposit withdrawal that could trigger a financial market crisis and undermine the country's economic stability.

Bursa Malaysia To Unveil 2027-2030 Strategic Roadmap In Fourth Quarter

KUALA LUMPUR, July 30 (Bernama) — Bursa Malaysia Bhd is set to unveil its strategic roadmap for 2027-2030 in the fourth quarter of this year (4Q 2026), outlining initiatives to accelerate market growth, diversify revenue streams and strengthen the exchange’s long-term competitiveness.