13d ago
KUALA LUMPUR, July 17 (Bernama) -- CIMB Securities Sdn Bhd has maintained its “overweight” call on the transport sector, with Westports Holdings Bhd remaining its top pick.
14d ago
KUALA LUMPUR, July 17 (Bernama) -- AmBank (M) Bhd expects Malaysia's gross domestic product (GDP) in the second quarter of 2026 (2Q2026) to grow by 5.6 per cent, supported by private consumption fuelled by festive spending during the quarter and steady private investment
14d ago
KUALA LUMPUR, July 17 (Bernama) -- The newly launched sixth cycle of the Large-Scale Solar programme (LSS6) is expected to unlock between RM13 billion and RM15 billion in private investments, as the tender quota has expanded to 2.65 gigawatts (GW) from the previous 2.0 GW.
14d ago
KUALA LUMPUR, July 17 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) projects the total industry volume (TIV) for the Malaysian automotive industry to reach 790,000 units in calendar year 2026 (CY2026).
14d ago
KUALA LUMPUR, July 17 (Bernama) -- Projects such as the Rapid Transit System (RTS) Link, the Johor-Singapore Special Economic Zone (JS-SEZ), expanding logistics networks and continued investments in industrial and digital infrastructure are expected to reshape Johor's economic landscape.
14d ago
KUALA LUMPUR, July 17 (Bernama) -- Telekom Malaysia Bhd’s (TM) wholesale segment is expected to remain its key growth driver, supported by 5G fibre backhaul, data centre co-location and connectivity services, as well as the commissioning of new sub-sea cables, said RHB Investment Bank Bhd (RHB IB).
14d ago
KUALA LUMPUR, July 17 (Bernama) -- Abu Dhabi-based Modon Holding and Nammos Hotels & Resorts have unveiled Nammos Ras El Hekma, the hospitality brand's first fully integrated destination in Egypt, as part of the US$35 billion Ras El Hekma masterplan on the country's North Coast. (US$1=RM4.07)
14d ago
PUTRAJAYA, July 17 (Bernama) -- The National Trust Fund Bill 2026, which was passed by the Dewan Rakyat yesterday, will strengthen the National Trust Fund (KWAN) as the country's intergenerational savings fund to ensure sustainable financial reserves for both present and future generations.
14d ago
KUALA LUMPUR, July 17 -- The ringgit opened higher against most major currencies but was flat against the US dollar on Friday, as investors remained cautious ahead of the release of Malaysia’s advance estimate for the second quarter (2Q) gross domestic product (GDP) today, an analyst said.
14d ago
KUALA LUMPUR, July 17 (Bernama) -- Malaysia’s move to study the establishment of a national petroleum reserve stock reflects a broader shift in national policy as rising geoeconomic risks compel countries to place greater emphasis on energy security alongside economic resilience, according to experts.
14d ago
KUALA LUMPUR, July 16 (Bernama) -- The government stresses that the use of Asset Recovery Trust Account funds is made in accordance with the approved Trust Directive and only for authorised purposes, including to cover operating costs and repay 1Malaysia Development Bhd (1MDB) and SRC International Sdn Bhd debts.
14d ago
By Nik Nurfaqih Nik Wil
JAKARTA, July 16 (Bernama) -- Malaysia was the fifth-largest source of foreign investment in Indonesia in the second quarter (2Q) of 2026, contributing US$700 million (US$1 = RM4.065), while Indonesia's realised investment totalled Rp511.8 trillion (Rp1 million = RM225).