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United Plantations' 2Q Net Profit Falls To RM194 Mln, Revenue Rises To RM641.84 Mln

KUALA LUMPUR, July 22 (Bernama) -- United Plantations Bhd's net profit for the second quarter ended June 30, 2026 (2Q FY2026) declined to RM194.00 million, compared with RM249.38 million recorded in the same quarter last year.

AM Best Retains Stable Outlook On South Korea's Non-Life Insurance

KUALA LUMPUR, July 22 (Bernama) -- Global credit rating agency, AM Best has maintained its stable outlook on South Korea’s non-life insurance segment, supported by enhanced regulatory frameworks and solid investment performance.

MAHB Records 51 Mln Passenger Movements In 1H 2026, Driven By Strong International Travel Demand

KUALA LUMPUR, July 22 (Bernama) -- Malaysia Airports Holdings Bhd (MAHB) recorded 51 million passenger movements across its Malaysian airports in the first half of 2026 (1H 2026), up 1.8 per cent from a year earlier.

Kenanga IB, CGSI Expect Resilient Malaysia Automotive Sales In 2H2026 On EV, Hybrid Demand

KUALA LUMPUR, July 22 (Bernama) -- Malaysia's automotive sales are expected to remain resilient in the second half of 2026 (2H2026), supported by the introduction of more localised electric vehicle (EV) models and stronger demand for hybrid vehicles, fuelled by consumers' growing preference for new energy vehicles.

Mah Sing To Develop RM2.26 Bln GDV Industrial Park In Johor

KUALA LUMPUR, July 22 (Bernama) -- Mah Sing Group Bhd will develop MS Industrial Park @ Kulai, an integrated industrial development in Johor with an estimated gross development value (GDV) of RM2.26 billion.

Sim Calls On Manufacturers, Industry Players To Reinvest Profits In R&D

GEORGE TOWN, July 22 (Bernama) -- Factories and industry players, particularly in the electrical and electronics (E&E) sector, are advised to capitalise on the country's strong trade performance this year by reinvesting profits into research and development (R&D), automation, and talent development to enhance long-term competitiveness.

eXp Realty To Hold First Spanish-Language eXpcon

KUALA LUMPUR, July 22 (Bernama) -- eXp Realty will hold its first eXpcon in Latin America in Medellín, Colombia, from April 6 to 8, 2027, marking the company's first conference in the region to be conducted entirely in Spanish.

RON95, Diesel Subsidies Projected To Reach RM3.5 Bln Per Month If Oil Remains At US$90 A Barrel

KUALA LUMPUR, July 22 (Bernama) -- The government estimates that the RON95 petrol subsidy will reach approximately RM2 billion per month, while the diesel subsidy will amount to about RM1.5 billion per month, if crude oil prices remain at around US$90 per barrel based on current projections.

SIAL’s Food & Drinks Expo 2026 Sales Set To Exceed RM1.081 Bln

By Mikhail Raj Abdullah & Karina Imran

KUALA LUMPUR, July 22 (Bernama) – Sales from the ongoing Food and Drinks Malaysia (FDM) exhibition here are set to exceed last year’s figure of US$265 million or RM1.081 billion, despite challenges such as supply chain impediments and rising costs.

CPO Prices Seen Between RM4,400-RM4,650 Per Tonne In August -- MPOC

KUALA LUMPUR, July 22 (Bernama) -- Crude palm oil (CPO) prices are expected to trade between RM4,400 and RM4,650 per tonne in August, supported by Indonesia’s B50 biodiesel implementation from July, firmer energy markets and improved biodiesel economics.

OPPOLIA Launches AI-Powered Home Design Platform

KUALA LUMPUR, July 22 (Bernama) -- OPPOLIA Home, a custom furniture and cabinetry company, has launched an artificial intelligence (AI)-powered design platform that streamlines everything from initial client consultations to final production.

ECRL Has Potential To Expand Entrepreneurs' Market Access, Boost East Coast Growth

By Anis Nabilla Md Wazilah

KUANTAN, July 22 (Bernama) -- The East Coast Rail Link (ECRL) project is expected to greatly benefit entrepreneurs in expanding their markets as well as strengthening economic growth, particularly in the East Coast.