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By Anas Abu Hassan
SINGAPORE, July 28 (Bernama) -- The Monetary Authority of Singapore (MAS) recorded a net profit of S$20.0 billion (S$1=RM3.16) for the financial year ended March 31, 2026 (FY2025/26), driven by strong investment gains.
KUALA LUMPUR, July 28 (Bernama) -- Univar Solutions LLC (Univar Solutions) has acquired Interpur Chemicals, a distributor of polyurethanes and powder coatings in Europe, expanding its Performance Materials business and regional capabilities across Europe, the Middle East, and Africa (EMEA).
SEREMBAN, July 28 (Bernama) -- The minimum price of rubber is targeted to hit RM5 per kilogramme by the end of 2027 as part of efforts to improve the income and standard of living of more than 500,000 rubber smallholders nationwide, said Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi.
KUALA LUMPUR, July 28 (Bernama) -- Axe Compute Inc, a neocloud artificial intelligence (AI) infrastructure company, has announced a new five-year customer agreement with a total committed contract value of over US$1.5 billion to deploy a dedicated AI infrastructure cluster powered by NVIDIA Blackwell in the United States (US). (US$1=RM4.08)
KUALA LUMPUR, July 28 (Bernama) -- Nestlé (Malaysia) Bhd’s net profit for the second quarter of the financial year ending Dec 31, 2026 (2Q 2026) rose to RM155.01 million from RM112.11 million a year earlier, underpinned by broad-based topline growth, effective cost management and improved efficiencies across the value chain.
PUTRAJAYA, July 28 (Bernama) -- Malaysia needs fresh reform momentum to strengthen fiscal sustainability, boost productivity and improve education to sustain strong and resilient economic growth, according to the Organisation for Economic Co-operation and Development (OECD).
KUALA LUMPUR, July 28 (Bernama) -- Bursa Malaysia continued its downtrend to close lower at midday, in line with regional sell-off on tech stocks following US chipmaker Nvidia’s talks with OpenAI to help fund a US$250 billion backstop.
KUALA LUMPUR, July 28 (Bernama) -- Malaysia’s Producer Price Index (PPI) rose 9.2 per cent in June 2026, up from 7.8 per cent in the previous month, according to the Department of Statistics Malaysia (DOSM).
KUALA LUMPUR, July 27 (Bernama) -- Bank Negara Malaysia (BNM) has set a more comprehensive framework to assess the performance of development financial institutions (DFIs) beginning in 2027, according to the Ministry of Finance (MOF).
KUALA LUMPUR, July 27 (Bernama) -- Property developer Oriental Interest Bhd (OIB) has proposed to acquire the entire equity interest in Chin Hin (Jitra) Sdn Bhd (CHJSB) and CHJ Motor Holdings Sdn Bhd (CMHSB) for RM280 million.
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.
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.
