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Sapangar Port Expansion Expected To Be Completed By October 2027

KOTA KINABALU, July 22 (Bernama) -- The Sapangar Bay Container Port (SBCP) expansion project has reached 62.75 per cent completion as of June and is now expected to be completed by October 2027 following delays caused by difficulty in securing sand supply that meets specifications.

Orkim To Buy Oil & Chemical Tanker For RM94.88 Mln, Expands Fleet To 20 Vessels

KUALA LUMPUR, July 22 (Bernama) -- Orkim Bhd’s wholly-owned subsidiary, Orkim Ambition Sdn Bhd, has entered into a Memorandum of Agreement with ALLContinents International Shipping Ltd for the proposed acquisition of an IMO Type II oil/chemical tanker for 157 million renminbi (about RM94.88 million).

Bursa Malaysia Ends Lower Amid Profit-taking, Higher Oil Prices

By Karina Imran

KUALA LUMPUR, July 22 (Bernama) -- Bursa Malaysia closed lower on Wednesday as investors continued to take profit following the recent rally, while elevated crude oil prices and lingering geopolitical tensions in West Asia kept market sentiment cautious, said an analyst. 

Kpler Analyst Warns Oil Prices Can Soar Above US$100 Per Barrel

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, July 22 (Bernama) – Market intelligence company Kpler’s senior crude oil analyst Muyu Xu has warned that crude oil prices can climb above US$100 per barrel and even spike to US$120 due to acute supply constraints if the war between the United States and Iran in West Asia persists for another one or two weeks.

Qumis Unveils AI Agents For Insurance Coverage Analysis

KUALA LUMPUR, July 22 (Bernama) -- Qumis has launched its certified artificial intelligence (AI) agents, a team of line-of-business specialists that work together to analyse entire insurance programmes and deliver citation-backed coverage analysis in minutes.

Selangor-Negeri Synergy Boosts Growth, Can Create New Economic Corridor - Amirudin

SEREMBAN, July 22 (Bernama) -- The synergy in strategic development between Selangor and Negeri Sembilan has the potential to create a new economic corridor capable of boosting the competitiveness of the country's central region through the strengthening of investment networks, high-tech industries and integrated logistics infrastructure.

Kenanga IB, CGSI Expect Resilient Malaysia Automotive Sales In 2H2026 On EV, Hybrid Demand

KUALA LUMPUR, July 22 (Bernama) -- Malaysia's automotive sales are expected to remain resilient in the second half of 2026 (2H2026), supported by the introduction of more localised electric vehicle (EV) models and stronger demand for hybrid vehicles, fuelled by consumers' growing preference for new energy vehicles.

RegASK Launches Agentic AI Label Compliance Workflow

KUALA LUMPUR, July 22 (Bernama) -- RegASK, an artificial intelligence (AI)-native regulatory platform, has announced a new agentic AI label compliance workflow that brings labels from draft to market-ready compliance in a single governed system.

Malaysia May Gain Advantage Despite Proposed US Forced Labour Tariff - Kenanga IB

KUALA LUMPUR, July 22 (Bernama) -- The proposed 10 per cent tariff on Malaysian goods under the US forced labour-related measures is expected to have a neutral impact on the trade outlook, with the country potentially gaining a modest advantage against higher-tariff regional competitors, according to Kenanga Investment Bank Bhd (Kenanga IB).

Govt Aligns Investment Direction Of GLICs, Public Funds Through GEAR-uP, MOF Inc

KUALA LUMPUR, July 22 (Bernama) -- The government is aligning the investment direction of government-linked investment companies (GLICs) and public funds through a clear national development policy, the Government-linked Enterprises Activation and Reform Programme (GEAR-uP) mechanism, and the strategic role of the Minister of Finance Incorporated (MOF Inc).

eXp Realty To Hold First Spanish-Language eXpcon

KUALA LUMPUR, July 22 (Bernama) -- eXp Realty will hold its first eXpcon in Latin America in Medellín, Colombia, from April 6 to 8, 2027, marking the company's first conference in the region to be conducted entirely in Spanish.

ECRL Has Potential To Expand Entrepreneurs' Market Access, Boost East Coast Growth

By Anis Nabilla Md Wazilah

KUANTAN, July 22 (Bernama) -- The East Coast Rail Link (ECRL) project is expected to greatly benefit entrepreneurs in expanding their markets as well as strengthening economic growth, particularly in the East Coast.