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Economy

CIMB Revises 2H 2026 GDP Forecast To 4.1 Pct, Raises 2026 GDP Projection To 4.8 Pct

KUALA LUMPUR, July 18 (Bernama) -- CIMB Treasury and Markets Research has revised its second-half 2026 (2H 2026) gross domestic product (GDP) forecast to 4.1 per cent and raised its full-year 2026 projection to 4.8 per cent from 4.3 per cent, tracking a stronger outturn in the second quarter (2Q) of 2026.

Syamsul Farizz Appointed New ECERDC CEO, To Lead ECER 2030 Agenda

PUTRAJAYA, July 18 (Bernama) -- The Ministry of Economy today announced the appointment of Syamsul Farizz Nadzeri as the new chief executive officer (CEO) of the East Coast Economic Region Development Council (ECERDC).

KWAP Continues Pursuing All Avenues To Maximise Recovery Of Its Investment In eFishery

KUALA LUMPUR, July 18 (Bernama) --  The Retirement Fund (Incorporated) (KWAP) says that it is continuing to pursue all available avenues to maximise the recovery of its investment in eFishery.

EPF, Fahmi Discuss Opportunities To Advance Financial, Retirement Literacy

KUALA LUMPUR, July 18 (Bernama) -- The Employees Provident Fund (EPF), which recently paid a courtesy visit to Communications Minister Datuk Seri Fahmi Fadzil, explored opportunities for closer strategic collaboration to advance financial and retirement literacy. 

Fujifilm Eyes M&A, Partnerships To Expand Solutions Business In Malaysia

KUALA LUMPUR, July 18 (Bernama) -- Fujifilm Business Innovation Corp is looking for opportunities to expand its business solutions segment in Malaysia through new business ventures, joint ventures and mergers and acquisitions (M&A), as businesses in the country increasingly embrace digital transformation.

TERAJU Needs To Be Growth Facilitator, Not Just Financing Provider - Akmal Nasrullah

CYBERJAYA, July 17 (Bernama) -- Unit Peneraju Agenda Bumiputera (TERAJU) needs to be a 'growth facilitator' that connects bumiputera companies to real opportunities, and not just focus on being a provider of programmes or financing.

Gentari Advances KLIA2 Decarbonisation With 3.1 MWp Solar PV System

KUALA LUMPUR, July 17 (Bernama) -- Gentari Sdn Bhd, through its subsidiary Gentari Renewables Sdn Bhd, has deployed a 3.1 megawatt-peak (MWp) solar photovoltaic (PV) system at Kuala Lumpur International Airport 2 (KLIA2), marking a step forward in the solarisation of Malaysia’s transport infrastructure.

MBSB Bank, NCIA Ink MoU To Provide Up To RM1 Bln Financing For SMEs

PETALING JAYA, July 17 (Bernama) -- MBSB Bank Bhd today signed a memorandum of understanding (MoU) with the Northern Corridor Implementation Authority (NCIA) to accelerate economic growth across the Northern Corridor Economic Region (NCER) with financing facilities of up to RM1 billion. 

AI Leadership Requires Capability, Continuous Innovation -- YTL

KUALA LUMPUR, July 17 (Bernama) -- Countries seeking leadership in artificial intelligence (AI) must build domestic capabilities across the AI ecosystem rather than rely on technologies developed elsewhere, YTL Power International Bhd managing director Datuk Seri Yeoh Seok Hong said.

Malaysia Well Positioned To Lead ASEAN EV Growth -- BMI

KUALA LUMPUR, July 17 (Bernama) -- Malaysia is well positioned to lead electric vehicle (EV) demand growth outside ASEAN's two dominant EV markets, Vietnam and Thailand, underpinned by its affluent consumer base and improving EV competitiveness, according to BMI.

Malaysia's Ports To Benefit From Supply Chain Shifts, Green Bunkering Push - AmBank

KUALA LUMPUR, July 17 (Bernama) -- Malaysia's port operators are poised to benefit from trade rerouting and increased transhipment activity despite elevated logistics costs, said AmBank (M) Bhd chief economist Firdaos Rosli.

Stronger Revenue Gives Malaysia Fiscal Room To Cushion External Shocks -- AmBank Economist

KUALA LUMPUR, July 17 (Bernama) -- The government's stronger-than-expected revenue collection in the first five months of 2026 (5M2026) has created additional fiscal space to respond to emerging challenges, including rising global energy prices, said AmBank Group chief economist Firdaos Rosli.