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Economy

West Asia Conflict Could Add RM1.1 Bln To Construction Diesel Bill In 2026 - Juwai IQI

KUALA LUMPUR, July 21 (Bernama) -- The West Asia conflict could add RM1.1 billion to the construction industry’s diesel bill in 2026, given the higher average diesel price since the turmoil began, Juwai IQI co-founder and group chief executive officer Kashif Ansari said today.

Pos Malaysia Remains Focused On Reducing Losses Through Transformation Plan

KUALA LUMPUR, July 20 (Bernama) -- Pos Malaysia Bhd, under DRB-HICOM Bhd, remains focused on reducing losses through its transformation plan, supported by network rationalisation, expansion of digital channels and prudent management of its cost base and revenue mix.

BNM To Continue Promoting Two-Way Flows In Onshore Financial Market

By M. Saraswathi & Karina Imran

KUALA LUMPUR, July 21 (Bernama) -- Bank Negara Malaysia (BNM) will continue its efforts to promote two-way flows and deepen Malaysia’s onshore financial market through the measured liberalisation of its foreign exchange policy (FEP) framework, while safeguarding Malaysia’s financial and macroeconomic stability.

RON95 Subsidy Savings Used For Targeted Support, Food Security --MOF

KUALA LUMPUR, July 20 (Bernama) -- Savings generated from the targeted RON95 petrol subsidy mechanism are not being retained solely as a fiscal surplus, the Ministry of Finance (MOF) said.

Gold Futures End Higher In Tandem With COMEX Gains

KUALA LUMPUR, July 20 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher today in tandem with gains in gold prices on the US Commodity Exchange (COMEX).

BYD Sime Motors Launches First BYD Certified Outlet In Asia Pacific

KUALA LUMPUR, July 20 (Bernama) -- BYD Sime Motors has launched BYD Certified, the Chinese electric vehicle (EV) maker's official certified pre-owned vehicle programme, marking the establishment of the first BYD Certified outlet in the Asia Pacific region.

Airborneo To Support Sarawak's Regional Investment Hub Aspiration -- Abang Johari

SEPANG, July 20 (Bernama) -- AirBorneo will play a key long-term role in transforming Sarawak into a regional investment and logistics hub, while reinforcing Malaysia's economic growth, said Sarawak Premier Tan Sri Abang Johari Tun Openg.

Bursa Malaysia Closes Lower On Profit-taking In Banking Stocks

KUALA LUMPUR, July 20 (Bernama) -- Bursa Malaysia’s key index closed lower on Monday as profit-taking in banking heavyweights weighed on the benchmark, although sentiment across the broader market remained steady.

AirBorneo To Expand Operations Across ASEAN, Maintains Rural Air Services

SEPANG, July 20 (Bernama) --  AirBorneo Airways will expand its operations to several destinations across ASEAN while maintaining its responsibility to provide rural air services in Sarawak and Sabah.

Analysts Project Malaysia's Exports To Grow Robustly In 2026, Driven By Stronger Demand

KUALA LUMPUR, July 20 (Bernama) -- RHB Investment Bank Bhd (RHB IB) has upgraded Malaysia’s export growth for 2026 to 21.7 per cent from the previous projection of 15.3 per cent, underpinned by stronger-than-expected year-to-date export performance, with exports expanding by 27.5 per cent.

DPM Fadillah Welcomes AirBorneo's Inaugural Flight At KLIA

SEPANG, July 20 (Bernama) — Deputy Prime Minister Datuk Seri Fadillah Yusof welcomed AirBorneo Airways inaugural flight from Kuching to Kuala Lumpur International Airport (KLIA) Terminal 1 here today.

KWAP's Performance Needs To Be Evaluated Fairly, It Records RM12.9 Bln Net Profit - PM Anwar

KUALA LUMPUR, July 20 (Bernama) -- The performance of the Retirement Fund (Incorporated) (KWAP) needs to be assessed fairly considering that the retirement fund managed to record a net profit of RM12.9 billion, said Prime Minister Datuk Seri Anwar Ibrahim.