Malaysia's Consumer Spending To Grow In 2026 - BMI
KUALA LUMPUR, July 16 (Bernama) -- Malaysia’s consumer spending is expected to grow in 2026, underpinned by stable economic growth and employment outlook, said BMI, a Fitch Solutions company.
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Gamuda Shares Rise On Penang-Perak Water Supply Deal
KUALA LUMPUR, July 16 (Bernama) -- Gamuda Bhd’s shares rose 1.44 per cent in early trade on Thursday after its joint venture signed a bulk water supply agreement with Perbadanan Bekalan Air Pulau Pinang Sdn Bhd (PBAPP).
Cagamas Completes Malaysia’s First MYOR-i Referenced Sukuk, IPRS Transactions
KUALA LUMPUR, July 16 (Bernama) -- Cagamas Bhd has successfully executed Malaysia’s first Malaysia Islamic Overnight Rate (MYOR-i)-referenced Islamic Medium Term Notes (sukuk) and Islamic Profit Rate Swap (IPRS) transactions, comprising a RM300 million one-year MYOR-i sukuk and a RM100 million five-year MYOR-i IPRS.
SD Guthrie To Dispose Of Kuala Selangor Land For RM798.31 Mln
KUALA LUMPUR, July 15 (Bernama) -- SD Guthrie Bhd has entered into two conditional sale and purchase agreements (SPAs) to dispose of freehold land in Kuala Selangor for RM798.31 million.
Jati Tinggi Secures RM22.6 Mln Data Centre-Related Contracts In Johor
KUALA LUMPUR, July 15 (Bernama) -- Infrastructure utilities engineering solutions provider Jati Tinggi Group Bhd's (JTGB) wholly owned subsidiary has secured two data centre-related contracts in Johor worth a combined value of RM22.6 million.
Widad Appoints Tengku Shaifuddin As Chairman, Nor Azlan As Group MD
KUALA LUMPUR, July 15 (Bernama) -- Widad Group Bhd has announced the appointment of Datuk Tengku Shaifuddin Tengku Jamaluddin as its new chairman and Nor Azlan Zainal as group managing director effective today.
Gamuda JV Signs 40-Year Bulk Water Supply Agreement With PBAPP
KUALA LUMPUR, July 15 (Bernama) -- Construction company Gamuda Bhd’s joint venture has entered into a bulk water supply agreement with Perbadanan Bekalan Air Pulau Pinang Sdn Bhd (PBAPP) to supply treated water to Penang from Perak under the Northern Perak Water Supply Scheme (NPWSS).
Siti Asiah Is Appointed Chief Statistician
PUTRAJAYA, July 15 (Bernama) – Department of Statistics Malaysia’s deputy chief statistician (economic programme) Siti Asiah Ahmad has been named chief statistician, effective today.
Fiscal Deficit Marginally Higher Despite More Allocated For Fuel Subsidy -- HLIB
KUALA LUMPUR, July 15 (Bernama) -- Malaysia is expected to keep its 2026 fiscal deficit broadly on track despite allocating an additional RM25 billion for fuel subsidies, with the deficit to come in at 3.6 per cent of gross domestic product (GDP).
Life Water To Acquire 90 Pct Stake In Hung Tai Group For RM46.8 Mln
KUALA LUMPUR, July 15 (Bernama) -- Sabah-based beverage manufacturer Life Water Bhd has entered into a share sale agreement (SSA) to acquire a 90 per cent equity interest in the Hung Tai Group for RM46.8 million.
Tafi's Unit Secures RM135 Mln Construction Contract
KUALA LUMPUR, July 15 (Bernama) – TAFI Industries Bhd’s wholly-owned subsidiary, TAFI Home & Office Sdn Bhd has accepted a letter of award from Armani KPF2 Development Sdn Bhd involving works on a mixed commercial development in Setia Alam, Selangor.
Malaysia Not Seeing Two-Speed Economy As Growth Remains Broad-Based -- Economist
KUALA LUMPUR, July 15 (Bernama) -- Malaysia is not showing signs of a two-speed economy despite heightened global trade tensions and geopolitical uncertainties, with growth continuing to be supported by broad-based contributions from the manufacturing, services and construction sectors.