KTC To Invest RM30 Mln In Gardenia Plant In Sarawak, Create 500 Jobs

KUCHING, July 13 (Bernama) -- Kim Teck Cheong Consolidated Bhd (KTC) plans to invest RM30 million in a Gardenia bread manufacturing plant in Kota Samarahan, Sarawak, creating 500 jobs for local graduates and skilled workers.

Malaysia, South Korea Launch AI Academy To Train Digital Talent

SHAH ALAM, July 13 (Bernama) -- The Ministry of Digital today launched the Korea-ASEAN Digital Academy (KADA), a joint initiative with the Republic of Korea to develop industry-ready artificial intelligence (AI) and digital professionals in Malaysia.

Ringgit Closes Higher Against Major, Regional Currencies

By Abdul Hamid A Rahman

KUALA LUMPUR, July 13 (Bernama) -- The ringgit ended higher against major and regional currencies, including the US dollar, on Monday amid continued geopolitical uncertainties in West Asia.

Hong Kong Secures LEAP East As Exclusive Asian Host Until 2029

KUALA LUMPUR, July 13 (Bernama) -- The Hong Kong Tourism Board (HKTB) has partnered with LEAP East’s organiser to secure Hong Kong as the exclusive Asian host city for LEAP East from 2027 to 2029.

Short-term Gold Prices Likely To Hover US$3,800-US$4,200 Per Troy Ounce -- Go Capital

KUALA LUMPUR, July 13 (Bernama) -- Gold prices are likely to hover between US$3,800 and US$4,200 (US$1=RM4.071) per troy ounce amid pressure from crude oil prices and inflation, Go Capital Growth Sdn Bhd general manager Hong Kok Wah said.

Govt Approves 46 Pasir Puteh Projects Worth RM207.2 Mln, Supports ECRL Development

KUALA LUMPUR, July 13 (Bernama) -- The government has approved 46 projects for the Pasir Puteh parliamentary constituency in Kelantan for 2026, with a total allocation ceiling of RM207.2 million. These include developing downstream industrial infrastructure to support activities near the East Coast Rail Link (ECRL) cargo station.

Shipping Recovery To Take Time As Malaysian Ports Prepare For Hormuz Backlog

By Harizah Hanim Mohamed

KUALA LUMPUR, July 13  (Bernama) – Ports, shipping lines and cargo owners are now confronting the formidable task of restoring global supply chains and clearing a backlog of vessels and cargo built up during months of conflict in and around the Strait of Hormuz, a process that industry players say could take weeks or even months.

Malaysia’s Natural Rubber Production 9.1 Pct Up In May 2026

KUALA LUMPUR, July 13 (Bernama) -- Malaysia’s natural rubber (NR) production increased by 9.1 per cent to 20,198 tonnes in May 2026 from 18,515 tonnes in April 2026.

Pos Malaysia Targets 70,000 Customers For New Pos ArRahnu Gold-i Service In First Year

KUALA LUMPUR, July 13 (Bernama) -- Pos Malaysia Bhd is targeting between 50,000 and 70,000 customers for its newly launched Syariah-compliant digital gold service, Pos ArRahnu Gold-i, in the first year.

Terengganu Records RM399.8 Mln Investments In 1Q 2026

KUALA TERENGGANU, July 13 (Bernama) -- Terengganu recorded total investments worth RM399.8 million in the first quarter of this year. 

Ringgit Opens Slightly Lower Vs Greenback Amid Fragile West Asia Ceasefire

KUALA LUMPUR, July 13 (Bernama) -- The ringgit opened slightly lower against the US dollar on Monday amid uncertainties over the free flow of vessels through the Strait of Hormuz and the resilience of the United States economy, an analyst said.

Malaysia Airlines Adds Shanghai Flight Cancellations Due To Typhoon Bavi

KUALA LUMPUR, July 11 (Bernama) -- Malaysia Airlines has announced additional flight cancellations involving the Kuala Lumpur-Shanghai route due to adverse weather conditions associated with Typhoon Bavi, following yesterday’s advisory on cancellations involving the Kuala Lumpur-Taipei route.