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Govt Does Not Impose Price Control Mechanism For EV Charging, Encourages Private Sector Participation - MITI

KUALA LUMPUR, July 28 (Bernama) -- The government has not introduced any price control mechanism for public electric vehicle (EV) charging services. Instead, charging rates are determined by charging station operators based on their respective commercial considerations.

454 Students Graduate From Sidec's ASEM Semiconductor Programme

KUALA LUMPUR, July 28 (Bernama) -- A total of 454 students have graduated from the Advanced Semiconductor Academy Malaysia (ASEM) semiconductor programme run by the Selangor Information Technology and Digital Economy Corporation (Sidec).

Pay Growth Lags Productivity, Wage-Setting System Needs Review — BNM Deputy Governor

KUALA LUMPUR, July 28 (Bernama) -- Bank Negara Malaysia (BNM) sees the country’s wage growth has lagged productivity growth and believes there is a need to review its wage-setting system, particularly how adjustments to the minimum wage translate into wages at higher levels.

Delta Electronics Expands Malaysia Footprint With New Johor Bahru Office

JOHOR BAHRU, July 28 (Bernama) -- Taiwan’s Delta Electronics Inc, a power management and smart green solutions company, is strengthening its presence in Malaysia with the opening of a new office in Johor Bahru, located at the Southern Industrial and Logistics Clusters (SiLC) in Iskandar Puteri.

Rubber Targeted To Hit Minimum Price Of RM5 Per Kilogramme By End-2027 - Ahmad Zahid

SEREMBAN, July 28 (Bernama) --  The minimum price of rubber is targeted to hit RM5 per kilogramme by the end of 2027 as part of efforts to improve the income and standard of living of more than 500,000 rubber smallholders nationwide, said Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi.

Mi Equipment To Expand Advanced Packaging R&D, Manufacturing Capacity In Penang

GEORGE TOWN, July 28 (Bernama) -- Mi Equipment (M) Sdn Bhd will continue expanding its research and development (R&D) capabilities and manufacturing capacity in Penang as it strengthens its position as a global player in the advanced semiconductor packaging industry.

Nestlé Malaysia’s 2Q Net Profit Rises To RM155.01 Mln, Declares 80 Sen Dividend

KUALA LUMPUR, July 28 (Bernama) -- Nestlé (Malaysia) Bhd’s 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, underpinned by broad-based topline growth, effective cost management and improved efficiencies across the value chain.

OECD Maintains Malaysia's 2026 Growth Forecast At 5 Pct, Citing Economic Resilience

PUTRAJAYA, July 28 (Bernama) -- The Organisation for Economic Co-operation and Development (OECD) has forecast Malaysia’s economy to record solid growth of around five per cent on average this year and in 2027 despite global uncertainties.

Malaysia Now 7.1 Pct Below World Bank’s High-Income Threshold -- Akmal Nasrullah

PUTRAJAYA, July 28 (Bernama) -- Malaysia is now just 7.1 per cent below the World Bank’s high-income threshold, thanks to the 5.8 per cent economic expansion in the second quarter of this year, said Economy Minister Akmal Nasrullah Mohd Nasir.

BNM Framework Should Evolve From Prescriptive To Collaborative -- Former Deputy Governor 

KUALA LUMPUR, July 28 (Bernama) -- Bank Negara Malaysia’s (BNM) supervisory framework should evolve to become more collaborative and consultative with the financial industry, including greater use of regulatory sandboxes, said former BNM deputy governor Datuk Ooi Sang Kuang. 

Ringgit Expected To Trade Within 3.90-4.20 Against US Dollar Through 2H 2026

KUALA LUMPUR, July 28 (Bernama) -- Malaysia’s resilient growth, durable trade surplus and disciplined monetary framework are expected to underpin the ringgit through the second half of 2026 (2H 2026), with the local currency projected to trade within the 3.90-4.20 range against the US dollar, said Juwai IQI global chief economist Shan Saeed.

Sime Darby Property Establishes RM2.6 Bln Green Sukuk Programme For Data Centres

KUALA LUMPUR, July 28 (Bernama) -- Sime Darby Property Bhd's New Economy Venture (NEV) platform, Sime Darby Property NEV (Holdings) Sdn Bhd (SDP NEV), has established a sukuk programme of up to RM2.6 billion to finance the development of build-to-suit-to-lease data centres as well as industrial and logistics assets.