Bursa Malaysia Extends Gains At Midday On Buying In Financial, Telecom Stocks
KUALA LUMPUR, July 2 (Bernama) -- Bursa Malaysia continued its upward trend at midday, driven by strong buying interest in major financial and telecommunications stocks.
| LATEST NEWS | SD Guthrie has entered into two conditional sale and purchase agreements to dispose of freehold land in Kuala Selangor for RM798.31 million | Statistics Department deputy chief statistician Siti Asiah Ahmad is chief statistician effective today - Economy Ministry | Dewan Rakyat passes Communications and Multimedia Commission (Amendment) Bill 2026 | |
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IPPFA Maintains Malaysia's 2026 GDP Growth Forecast At 4.6 Pct Despite Global Uncertainty
KUALA LUMPUR, July 2 (Bernama) -- IPP Financial Advisers (IPPFA) has maintained its 2026 Malaysia gross domestic product (GDP) growth forecast at 4.6 per cent despite global uncertainty, supported by resilient domestic demand, private investment and a gradual recovery in external trade.
IDS Should Lead Sabah's Logistics Masterplan Initiative, Says Expert
LABUAN, July 2 (Bernama) -- The Institute for Development Studies (IDS) Sabah should be formally mandated to initiate the Sabah Integrated Logistics and Transport Masterplan to unlock the state’s key progress in logistics planning, said logistics expert Datuk Ramli Amir.
Malaysia To Repurpose Retiring Coal Plants Into RE Hubs - DPM Fadillah
KUALA LUMPUR, July 2 (Bernama) -- Malaysia plans to repurpose sites of retiring coal-fired power plants into renewable energy (RE) hubs and battery energy storage facilities under a proposed National Coal Site Repurposing Framework, said Deputy Prime Minister Datuk Seri Fadillah Yusof.
Malaysia Welcomes Understanding Between US, Iran – PM Anwar
KUALA LUMPUR, July 2 (Bernama) -- Malaysia has welcomed the understanding reached between the United States and Iran aimed at ending months of hostilities, while commending the role of Gulf countries, Türkiye, Pakistan and others in facilitating the memorandum of understanding.
SME Bank Appoints Samad Majid Zain As CEO
KUALA LUMPUR, July 2 (Bernama) -- Small Medium Enterprise Development Bank Malaysia Bhd (SME Bank), a subsidiary of Bank Pembangunan Malaysia Bhd (BPMB) group, has appointed Samad Majid Zain as chief executive officer effective July 1, 2026.
Malaysia-Thailand BEZ Development Proposal To Be Negotiated Bilaterally
KUALA LUMPUR, July 1 (Bernama) -- The proposal for the development of the Malaysia-Thailand Border Economic Zone (BEZ) will be negotiated bilaterally with Thailand before being implemented, said the Ministry of Economy.
Bursa Malaysia Issues UMA Query To Skygate After Share Price Surge
KUALA LUMPUR, July 1 (Bernama) -- Bursa Malaysia has issued an unusual market activity (UMA) query to Skygate Solutions Bhd following a sharp rise in the company's share price.
SC Appoints New Shariah Advisory Council For 2026-2029 Term
KUALA LUMPUR, July 1 (Bernama) -- The Securities Commission Malaysia (SC) has appointed a new seven-member Shariah Advisory Council (SAC) for a three-year term from July 1, 2026, to June 30, 2029.
Electricity Consumption Of Data Centres Expected To Surge To 31 Pct By 2035
KUALA LUMPUR, July 1 (Bernama) -- Electricity consumption by the data centre sector is expected to increase significantly to 31% - equivalent to 73,274 gigawatt-hours (GWh) - by 2035, up from 7% or 10,544 GWh in 2026.
Vocalbeats.AI Joins SGTech To Expand Industry Collaboration
KUALA LUMPUR, July 1 (Bernama) -- Vocalbeats.AI has joined SGTech, Singapore's technology industry trade association, as a member of its Singapore Enterprise Chapter, strengthening the artificial intelligence (AI)-powered audio company's engagement with the country's technology ecosystem.
Vertiv Expects Johor Plant To Reach Technical Capacity By 3Q 2027
JOHOR BAHRU, July 1 (Bernama) -- US-based digital infrastructure company Vertiv Group expects its Johor manufacturing facility to gradually ramp up production, with about 15 to 20 per cent of its production lines currently in operation.