KUALA LUMPUR, July 27 (Bernama) -- SNS Network Technology Bhd’s wholly owned subsidiary SNS Network (M) Sdn Bhd has secured a sales agreement worth US$298.65 million (RM1.21 billion) to supply high-performance artificial intelligence (AI) servers to a Singapore-based global digital entertainment company.
KUALA LUMPUR, July 27 (Bernama) -- Capitaland Malaysia Trust (CLMT) posted a higher net profit of RM43.99 million for the second quarter ended June 30, 2026 (2Q FY2026) from RM35.06 million in the same period last year.
KUALA LUMPUR, July 27 (Bernama) -- The new Section 301 tariffs are expected to have a largely muted impact on exports to the United States (US) in the near term, given extensive product exemptions and relatively lower effective tariff rates than originally anticipated, although geopolitical risks remain significant.
By Zufazlin Baharuddin and Fatin Umairah Abdul Hamid
KUALA LUMPUR, July 27 (Bernama) -- Bursa Malaysia’s key index closed higher as bargain-hunting activities emerged in banking and plantation heavyweights following the recent pullback.
By K. Naveen Prabu
KUALA LUMPUR, July 27 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Monday, tracking weaker regional rubber futures, according to a dealer.
KUALA LUMPUR, July 27 (Bernama) -- Malaysia’s economic fundamentals remain strong despite mounting global cost pressures arising from ongoing geopolitical tensions, said the Association of Chartered Certified Accountants (ACCA).
By Anas Abu Hassan
SINGAPORE, July 27 (Bernama) -- The ASEAN+3 Macroeconomic Research Office (AMRO) has revised Malaysia's growth forecast upward to 4.9 per cent for 2026 from an initial 4.6 per cent projection, driven by robust AI-related demand.
KUALA LUMPUR, July 27 (Bernama) -- Bursa Malaysia will suspend trading in the securities of Boustead Heavy Industries Corporation Bhd (BHIC) from 9 am on Friday, Aug 7, 2026, to facilitate the implementation of the company’s selective capital reduction and repayment exercise.
PUTRAJAYA, July 27 (Bernama) -- The Ministry of Economy recorded the fourth-best development expenditure performance among ministries as of July 21 after spending RM1.214 billion, or 57.42 percent, of its original 2026 development allocation of RM2.115 billion.
KUALA LUMPUR, July 27 (Bernama) -- The Malaysia Convention and Exhibition Bureau (MyCEB) has secured 416 business events to be held from 2026 to 2030, with a projected estimated economic impact (EEI) of RM3.98 billion, as of June 30, 2026.
KUALA LUMPUR, July 27 (Bernama) -- Malaysia is on track to achieve the target set under the 13th Malaysia Plan (13MP) of becoming among the top 12 economies in global competitiveness, according to Deputy Economy Minister Datuk Mohd Shahar Abdullah.
PUTRAJAYA, July 27 (Bernama) -- The Statistics Bill 2026 is expected to be gazetted by the end of this year after completing the administrative process following its approval in Parliament, said Minister of Economy Akmal Nasrullah Mohd Nasir.
