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Penang Economy Grows 7.3 Per Cent, Records RM130.3 Bln GDP In 2025

GEORGE TOWN, July 3 (Bernama) --  Penang's economy grew by 7.3 per cent in 2025, with its gross domestic product (GDP) rising to RM130.3 billion from RM121.4 billion in the previous year, driven by the strong performance of the manufacturing and services sectors.

Bursa Malaysia Extends Midday Gains

KUALA LUMPUR, July 3 (Bernama) -- Bursa Malaysia extended its gains at midday, tracking advances across regional markets as sustained buying interest in heavyweight counters continued to provide support.

Dutch Recognition Of MSPO Strengthens Palm Oil Industry's Readiness For EUDR

PUTRAJAYA, July 3 (Bernama) -- The Netherlands Food and Consumer Product Safety Authority’s (NVWA) recognition of the Malaysian Sustainable Palm Oil (MSPO) certification as a Private Control System under the European Union Deforestation Regulation (EUDR) framework reinforces the readiness of the nation's palm oil industry to meet the European Union market requirements.

Elsa Unit Secures Autonomous Underwater Vehicle Inspection Contract

KUALA LUMPUR, July 3 (Bernama) -- Elsa Bhd’s wholly-owned subsidiary Elsa Energy Sdn Bhd has accepted letters of award from a major exploration and production company to provide autonomous underwater vehicle (AUV) subsea structure inspection services for Peninsular Malaysia, Sabah and Sarawak.

8x8 Bags 2026 MetriStar Top Provider For CPaaS By Metrigy

KUALA LUMPUR, July 3 (Bernama) -- Global business communications platform provider, 8x8 Inc has been named a 2026 MetriStar Top Provider for Communications Platform as a Service (CPaaS) by Metrigy, an independent research and advisory firm.

Eckem Sees Strong Demand For Its Industrial Chemicals Amid Data Centre Boom

KUALA LUMPUR, July 3 (Bernama) -- Eckem Holdings Bhd expects demand for its specialty industrial chemical products to remain resilient, supported by the rapid expansion of artificial intelligence (AI)-driven data centres.

Jeppesen ForeFlight Unveils AI Engine For Aviation Operations

KUALA LUMPUR, July 3 (Bernama) -- Jeppesen ForeFlight, a provider of aviation data, software and insights, has unveiled Jeppesen ForeFlight Airflow, an aviation-centric artificial intelligence (AI) engine that forms the foundation of its strategy to bring responsible AI to all sectors of aviation.

Levoit Launches Vital Pet Pro Smart Air Purifier In Malaysia

KUALA LUMPUR, July 3 (Bernama) -- Levoit, a home comfort and air care solutions provider, has officially launched the Vital Pet Pro Smart Air Purifier in Malaysia, further expanding its Vital pet air care lineup.

Azalea Vision Secures EIC Accelerator Funding To Advance Smart Contact Lens Platform

KUALA LUMPUR, July 3 (Bernama) -- Azalea Vision, a Belgian healthtech company, announced it has been selected for the European Innovation Council (EIC) Accelerator, the European Union’s (EU) flagship programme for breakthrough, market-creating deep tech.

Bursa Malaysia Opens Higher On Consumer Stock Gains

KUALA LUMPUR, July 3 (Bernama) -- Bursa Malaysia opened higher today despite mixed overnight cues from Wall Street, supported by consumer stocks as lower crude oil prices fuelled expectations of easing inflationary pressures, a dealer said.

Ringgit Opens Firmer As US Jobs Data Eases Rate Hike Expectations

KUALA LUMPUR, July 3 (Bernama) -- The ringgit opened firmer against the US dollar on Friday after weaker-than-expected US jobs data for June reinforced expectations that the Federal Reserve (Fed) could adopt a more cautious approach to interest rates.

CPO Futures End Lower On Weaker Crude Oil Prices

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, July 2 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended lower on Thursday, weighed down by weaker crude oil prices.