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Statistics Bill 2026 Reflects Govt's Commitment To Strengthening National Statistical System -- Minister 

KUALA LUMPUR, July 16 (Bernama) -- The passage of the Statistics Bill 2026 in parliament today reflects the government's commitment to developing a more coordinated, credible, and responsive national statistical system, according to the Ministry of Economy.

Gold Futures Close Higher

KUALA LUMPUR, July 16 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed higher on continued demand for safe-haven assets, despite weaker gold prices on the US Commodity Exchange (COMEX).

Malaysia Should Adopt Phased, Fiscally Prudent Approach To Petroleum Reserve Stock -- Economist

KUALA LUMPUR, July 16 (Bernama) -- Malaysia should adopt a phased and fiscally prudent approach if it decides to establish a national petroleum reserve stock, ensuring the initiative strengthens long-term energy resilience without placing unnecessary pressure on public finances, according to IPPFA Sdn Bhd director of investment strategy and country economist Mohd Sedek Jantan.

Dewan Rakyat Passes Statistics Bill 2026 To Modernise Data Ecosystem

KUALA LUMPUR, July 16 (Bernama) -- The Dewan Rakyat has today passed the Statistics Bill 2026, which is aimed, among other things, to replace the Statistics Act 1965 (Act 415) to establish a more modern and comprehensive legal framework aligned with the current data and statistics ecosystem.

Ringgit Firms As Us Rate Hike Expectations Recede

By Abdul Hamid A Rahman

KUALA LUMPUR, July 16 (Bernama) -- The ringgit ended marginally higher against the US dollar today, supported by softer-than-expected United States (US) inflation data and reduced expectations of a near-term rate hike.

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.

Bursa Malaysia Ends Higher On Broad-based Buying

By Siti Noor Afera Abu

KUALA LUMPUR, July 16 (Bernama) -- Bursa Malaysia’s key index rebounded from yesterday’s losses to close higher on Thursday, driven by broad-based buying across multiple sectors.

GenOptima Unveils Enterprise AI Search Optimisation Framework

KUALA LUMPUR, July 16 (Bernama) -- GenOptima has introduced its enterprise Generative Engine Optimization (GEO) framework, providing a structured approach to artificial intelligence (AI)-powered search optimisation across multiple large language models (LLMs) and AI platforms.

Malaysia Is Fifth Largest Source Of Foreign Investment In Indonesia In 2Q 2026

By Nik Nurfaqih Nik Wil

JAKARTA, July 16 (Bernama) -- Malaysia was the fifth-largest source of foreign investment in Indonesia in the second quarter (2Q) of 2026, contributing US$700 million (US$1 = RM4.65), while Indonesia's realised investment totalled Rp511.8 trillion (Rp1 million = RM225).

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.

Rubber Market Extends Losses Amid Weaker Regional Futures

KUALA LUMPUR, July 16 (Bernama) -- The Kuala Lumpur rubber market extended its losses for a second straight session on Thursday, pressured by declines in regional rubber futures markets and weaker benchmark crude oil prices, a dealer said.

Malaysia, Taiwan Formalise RM7 Mln Bioeconomy Collaborations

KUALA LUMPUR, July 16 (Bernama) -- Malaysia has further strengthened its position in the regional bioeconomy sector through the formalisation of three strategic collaborations, valued at RM7 million, at the Malaysia Regional Collaboration Forum held in conjunction with BIO Asia–Taiwan 2026 in Taiwan.