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Economy Ministry Drafting Legislative Framework To Curb Rent-Seeking Practices

PUTRAJAYA, July 21 (Bernama) -- The Economy Ministry is detailing a proposed legislative framework to curb rent-seeking practices, including assessing the need to enact new laws or improve existing provisions.

New Smart Manufacturing Scheme To Give SMEs, Mid-tier Firms Greater Access To Capital

KUALA LUMPUR, July 21 (Bernama) -- The Investment, Trade and Industry Ministry (MITI) and the Securities Commission Malaysia (SC) have introduced the Smart Manufacturing scheme to facilitate greater access to capital and support the business growth of small and medium enterprises (SMEs) and mid-tier companies (MTCs) in strategic sectors.

Malaysian Lubricant Producer Hyrax Oil Expands Reach Across Five Southeast Asian Markets

BANGKOK, July 21 (Bernama) -- Hyrax Oil Sdn Bhd, a Malaysian producer of lubricants and transformer insulating oils, signed agreements on Tuesday to expand the reach of its Hyrax Estramol ester transformer fluids into Thailand, Cambodia, Laos, Myanmar and Vietnam.

Agrobank Launches First Shariah-Compliant Financing For Paddy Farmers

KOTA KINABALU, July 21 (Bernama) -- Agrobank has introduced a shariah-compliant financing facility specifically designed to help paddy farmers nationwide finance their paddy cultivation operating costs in a more systematic, sustainable and inclusive manner.

OCBC Malaysia Wins FinanceAsia SME Bank Award For Third Year

KUALA LUMPUR, July 21 (Bernama) -- OCBC Bank (Malaysia) Bhd (OCBC Malaysia) was named Best Bank for small and medium-sized enterprises (SMEs) in the Malaysia international category at the FinanceAsia Awards 2026, marking its third consecutive win.

Malaysia’s 2026 TIV Forecast Revised Up To 800,000 Units On Stronger Demand -- MAA

KUALA LUMPUR, July 21 (Bernama) -- Malaysia’s total industry volume (TIV) is now projected to reach 800,000 units in 2026, up from the earlier forecast of 790,000 units, driven by stronger-than-expected demand, according to the Malaysian Automotive Association (MAA).

EPIC Sees ECRL Spur Line Driving Revenue To RM700 Mln By 2030

KEMAMAN, July 21 (Bernama) -- EPIC Bhd expects the East Coast Rail Link (ECRL) project, particularly the spur line to Kemaman Port, to be a key growth driver, with revenue projected to reach RM700 million by 2030.

Stratus Global Sees order Book Doubling after Main Market Debut

KUALA LUMPUR, July 21 (Bernama) -- Stratus Global Holdings Bhd expects to double its order book within the next 12 months, driven by strong demand from existing and new semiconductor customers, following its listing on the Main Market of Bursa Malaysia today.

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.

CIMB Aims To Be Primary Wealth Partner For ASEAN’s Affluent

KUALA LUMPUR, July 20 (Bernama) -- CIMB Group aims to become the primary wealth management partner for affluent individuals across ASEAN through the introduction of CIMB Private Wealth, as rising incomes, urbanisation and intergenerational wealth transfers reshape demand for wealth advisory services across the region.

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.

Rubber Market Ends Higher Amid Gains In Regional Futures

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, July 20 (Bernama) -- The Kuala Lumpur rubber market ended higher on Monday, supported by gains in regional rubber futures markets, firmer benchmark crude oil prices and a weaker ringgit against the US dollar, said a dealer.