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Economy

Lagenda Lodges RM1.5 Bln Sukuk Wakalah Programme With SC To Fund Housing Developments

KUALA LUMPUR, July 24 (Bernama) -- Lagenda Properties Bhd's (Lagenda) wholly owned subsidiary, Lagenda Capital Bhd has today made a lodgement with the Securities Commission Malaysia (SC) for the establishment of an Islamic medium term notes (sukuk wakalah) programme of RM1.5 billion on the shariah principle of wakalah bi al-istithmar (sukuk wakalah programme).

MITI To Continue To Engage With US As 10 Pct Forced Labour-Related Tariff On Malaysia Takes Effect

KUALA LUMPUR, July 24 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) will continue to engage with the United States over the 10 per cent forced labour-related tariff imposed on Malaysian exports effective today.

SMEs Should Diversify Export Markets As US Tariff Takes Effect - SAMENTA

KUALA LUMPUR, July 24 (Bernama) -- The Small and Medium Enterprises Association (SAMENTA) has urged small and medium enterprises (SMEs) to reduce their over-reliance on any single Western export market following the implementation of the United States’ latest 10 per cent import tariff.

Learning Tree International Expands ServiceNow Training Offerings

KUALA LUMPUR, July 24 (Bernama) -- Learning Tree International, a global leader in workforce transformation, has become a ServiceNow Authorised Training Partner, expanding its capabilities to help organisations build the skills needed to maximise returns on their ServiceNow platform investments.

Shanxi, Malaysia Boost Economic, Cultural Tourism Ties 

KUALA LUMPUR, July 24 (Bernama) -- China’s Shanxi Province and Malaysia have strengthened cooperation in economic, trade, and cultural tourism sectors following an exchange conference held in Kuala Lumpur on July 21.

Humanoid Raises US$152 Mln In Series A

KUALA LUMPUR, July 24 (Bernama) -- Humanoid, a United Kingdom-based artificial intelligence (AI) and robotics company developing industrial humanoid robots, has raised US$152 million in a Series A funding round, valuing the company at US$1.35 billion post-money and bringing its total capital raised to US$270 million. (US$1=RM4.09)

Chengdu Showcases Digital, AI Innovation At APEC Week 

KUALA LUMPUR, July 24 (Bernama) -- The 2026 Asia-Pacific Economic Cooperation (APEC) Digital and AI Ministerial Meeting and related Digital Week activities are being held in Chengdu, Sichuan Province, from July 16 to 29, highlighting the city's growing role in digital innovation and regional cooperation.

Strong Domestic Fundamentals Cap Rise In Malaysian Bond Yields Despite Global Headwinds -- Kenanga IB

KUALA LUMPUR, July 24 (Bernama) -- Strong domestic fundamentals have limited increases in Malaysian Government Securities (MGS) and Government Investment Issues (GII) yields, even as global yields rise due to ongoing tensions between the United States and Iran and persistent concerns regarding the Strait of Hormuz.

Govt To Continue Tariff Talks With US Over Forced Labour Issue -- PM Anwar

PORT DICKSON, July 24 (Bernama) --  Prime Minister Datuk Seri Anwar Ibrahim said the government will continue negotiations with the United States over the new tariffs imposed on Malaysia related to the forced labour issue if the outcome remains unsatisfactory.

TNB Builds Future-Ready Procurement Ecosystem Through Stronger Regional Collaboration

KUALA LUMPUR, July 24 (Bernama) -- Tenaga Nasional Bhd (TNB), as one of the leading utility companies in ASEAN, is building a future-ready procurement ecosystem through stronger regional collaboration, said its chief procurement officer, Ir. Ts. Amir Mahmod Abdullah.

RHB IB Initiates ‘Buy’ Call For Gas Malaysia On MRP, RGT4 Prospects

KUALA LUMPUR, July 23 (Bernama) -- RHB Investment Bank Bhd (RHB IB) has initiated coverage on Gas Malaysia Bhd (GMB) with a 'buy' recommendation and a target price (TP) of RM6.50 on expectations of higher gas prices and growth prospects from its planned Regasification Terminal 4 (RGT4) project.

Malaysia’s Leading Index Rises 0.8 Pct In May 2026

KUALA LUMPUR, July 24 (Bernama) -- Malaysia’s economic prospects remain positive in May 2026 with the Leading Index (LI) rising 0.8 per cent to 114.4 points compared to 113.5 points in the corresponding period last year, according to the Department of Statistics Malaysia (DOSM).