Modon, Nammos Launch Luxury Egypt Destination 

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)

Padini Shares Up Nearly 13 Pct After MACC Unfreezes Bank Accounts

KUALA LUMPUR, July 17 (Bernama) -- Padini Holdings Bhd’s shares surged 12.67 per cent in early trade on Friday after the Malaysian Anti-Corruption Commission (MACC) confirmed that all previously frozen company bank accounts have been fully unfrozen.

MACC Unfreezes Padini's Bank Accounts

KUALA LUMPUR, July 16 (Bernama) -- The Malaysian Anti-Corruption Commission (MACC) has unfrozen all affected bank accounts of Padini Holdings Bhd and its subsidiaries that were previously held as part of an investigation.

Singaporean Consumer Spending In JB To Rise By S$1.05 Bln A Year After RTS Link Opening -- Study

SINGAPORE, July 16 (Bernama) -- Singaporeans’ consumer spending in Johor Bahru is projected to increase by S$1.05 billion (S$1=RM3.15) a year following the opening of the Johor Bahru-Singapore Rapid Transit System (RTS) Link, a study revealed.

ST Rosyam Mart To Open First Johor Outlet In September

JOHOR BAHRU, July 16 (Bernama) – Halal wholesale and retail supermarket chain ST Rosyam Mart will open its first outlet in Johor on Sept 12, marking its expansion into the southern region and strengthening the state’s retail sector.

Johor Property Sector Remains Neutral After State Poll, Says CIMB Securities

KUALA LUMPUR, July 16 (Bernama) -- CIMB Securities Sdn Bhd has maintained its ‘neutral’ call on the property sector, particularly in Johor, following the contested state election, as the outcome provides a clear mandate for the new administration to ensure development continuity.

Tafi's Unit Secures RM135 Mln Construction Contract

KUALA LUMPUR, July 15 (Bernama) – TAFI Industries Bhd’s wholly-owned subsidiary, TAFI Home & Office Sdn Bhd has accepted a letter of award from Armani KPF2 Development Sdn Bhd involving works on a mixed commercial development in Setia Alam, Selangor.

Malaysia's Property Market To Remain Supported By Infrastructure, Specialised Assets

KUALA LUMPUR, July 15 (Bernama) -- Malaysia's property market is expected to remain supported by investment activity, infrastructure development and demand for specialised assets in the second half of 2026 (2H2026).

Malaysia’s 2Q GDP Growth Expected To Moderate -- Economist

KUALA LUMPUR, July 15 (Bernama) -- Malaysia’s second quarter (2Q 2026) gross domestic product (GDP) growth is expected to moderate to 4.8-5.0 per cent from 5.4 per cent in 1Q 2026, an economist said.

Milux Proposes To Acquire 100 Pct Stake In Movon For RM150 Mln

KUALA LUMPUR, July 13 (Bernama) -- Home appliance distributor Milux Corporation Bhd has proposed to acquire a 100 per cent equity interest in Movon Sdn Bhd from Abletech Solutions Sdn Bhd (ASSB) and Datuk Dr Lim Jee Gin for RM150 million.

Bursa Malaysia Remains Higher At Midday On Bargain Hunting

KUALA LUMPUR, July 13 (Bernama) -- Bursa Malaysia maintained its upward momentum at midday, supported by bargain hunting in selected heavyweight stocks after profit-taking weighed on the market in the early morning session.

Bursa Malaysia Likely To Trade Within Narrow Band Next Week Ahead Of Key Economic Data

By Danni Haizal Danial Donald

KUALA LUMPUR, July 11 (Bernama) -- Bursa Malaysia is expected to trade within a narrow band next week as investors navigate a packed calendar ahead of key economic data releases amid persistent geopolitical uncertainty.