Malaysia’s F1 Return Could Fuel Over RM1 Billion Economic Activity

KUALA LUMPUR, July 30 (Bernama) -- Malaysia's hosting of the Formula 1 Gulf Air Bahrain Grand Prix 2026 (Bahrain GP) could serve as a major economic catalyst by stimulating multiple sectors through higher expenditure by domestic and international visitors.

Global Air Cargo Demand Up By 8.5 Pct In June 2026

KUALA LUMPUR, July 29 (Bernama) -- Total demand of global air cargo, measured in cargo tonne-kilometres, increased by 8.5 per cent in June 2026, compared to June 2025 levels, according to the International Air Transport Association (IATA). International operations saw a 9.6 per cent increase.

ASEAN Needs Massive Capital, Stronger Partnerships To Accelerate Energy Transition -- Anwar

PETALING JAYA, July 29 (Bernama) -- ASEAN requires massive, sustained and structured capital to build solar farms, upgrade grids, install battery storage, and upskill workers, as national governments cannot bear this burden alone, said Prime Minister Datuk Seri Anwar Ibrahim.

Gelam Tree And The Malaysian Economy

By M.Saraswathi

KUALA LUMPUR, July 29 (Bernama) -- Bank Negara Malaysia's annual Sasana Symposium took on a refreshingly different tone this year, with Governor Datuk Seri Abdul Rasheed Ghaffour departing from convention in his central bank address.

Kenanga IB Maintains 2026 Producer Price Index Forecast At 3.7 Pct

KUALA LUMPUR, July 29 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) has maintained its 2026 Producer Price Index (PPI) forecast at 3.7 per cent (2025: -2.0 per cent) as upstream inflation is expected to moderate gradually.

China's Midea, 99 Speedmart Collaborate To Expand Home Appliance Network

SHAH ALAM, July 29 (Bernama) -- China’s smart home appliance manufacturer Midea Group (Midea) and 99 Speed Mart Sdn Bhd (99 Speed Mart) today announced a strategic collaboration to expand the availability of quality, energy-efficient home appliances across more than 3,100 branches of the latter’s retail chain nationwide.

Eppendorf To Shift Part Of Production To Penang, Serve Global Markets

GEORGE TOWN, July 29 (Bernama) -- German life science company Eppendorf will relocate part of the production of selected laboratory instruments from its existing facilities to its new manufacturing site in Penang, which will primarily serve the North American and European markets.

Malaysia’s Nominal GDP At RM2.03 Trillion In 2025, Employees' Compensation Up 33.9 Pct -- DOSM

PUTRAJAYA, July 29 (Bernama) -- Malaysia’s nominal Gross Domestic Product (GDP) expanded 4.8 per cent to RM2.03 trillion in 2025 with Compensation of Employees (CE) accounting for 33.9 per cent of GDP, up from 33.6 per cent in 2024.

CIMB Islamic Bank Named World's Best Islamic Bank At Euromoney Awards 2026

KUALA LUMPUR, July 29 (Bernama) -- CIMB Islamic Bank Bhd was named the World's Best Islamic Bank at the Euromoney Islamic Finance Awards 2026, becoming the first Malaysian bank to receive the prestigious global accolade since its inception.

Economic Reform Commitment Drives Fiscal Deficit Reduction - Liew

KUALA LUMPUR, July 29 (Bernama) -- The Federal Government's fiscal deficit has continued to shrink for five consecutive years, demonstrating the government's commitment to an economic and fiscal reform plan that has yielded results, said Deputy Finance Minister Liew Chin Tong.

Tellus Power Unveils Energy AI Coordination Model 

KUALA LUMPUR, July 29 (Bernama) -- Tellus Power Global Holding Limited (Tellus Power), a deep technology company, has launched Tellus Energy AI, a purpose-built artificial intelligence (AI) model designed to coordinate energy supply and computing workloads for AI operators, data centres and energy companies.

Nestle Malaysia Share Price Soars Following Higher 2Q Result

KUALA LUMPUR, July 29 (Bernama) -- Nestlé (Malaysia) Bhd’s share price rose after its 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.