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TERAJU Needs To Be Growth Facilitator, Not Just Financing Provider - Akmal Nasrullah

CYBERJAYA, July 17 (Bernama) -- Unit Peneraju Agenda Bumiputera (TERAJU) needs to be a 'growth facilitator' that connects bumiputera companies to real opportunities, and not just focus on being a provider of programmes or financing.

Ringgit Closes Lower As West Asia Developments Weigh On Sentiment

By Abdul Hamid A Rahman

KUALA LUMPUR, July 17 (Bernama) -- The ringgit ended the final trading day of the week lower against the US dollar as escalating developments in West Asia weighed on market sentiment.

Rubber Market Ends Mixed On Regional Futures Performance, Supply Concerns

KUALA LUMPUR, July 17 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Friday, tracking regional rubber futures markets and ongoing expectations of ample natural rubber supply from major producer Thailand during the peak tapping season, a dealer said.

AI Leadership Requires Capability, Continuous Innovation -- YTL

KUALA LUMPUR, July 17 (Bernama) -- Countries seeking leadership in artificial intelligence (AI) must build domestic capabilities across the AI ecosystem rather than rely on technologies developed elsewhere, YTL Power International Bhd managing director Datuk Seri Yeoh Seok Hong said.

Malaysia Well Positioned To Lead ASEAN EV Growth -- BMI

KUALA LUMPUR, July 17 (Bernama) -- Malaysia is well positioned to lead electric vehicle (EV) demand growth outside ASEAN's two dominant EV markets, Vietnam and Thailand, underpinned by its affluent consumer base and improving EV competitiveness, according to BMI.

Bursa Malaysia Higher At Midday On Stronger-Than-Expected 2Q GDP

KUALA LUMPUR, July 17 (Bernama) -- Bursa Malaysia turned higher at midday, buoyed by advance estimates of the second quarter 2026 gross domestic product, which expanded by 5.8 per cent, following the 5.4 per cent growth in the preceding quarter.

Malaysia's Inflation Slows To 1.9 Pct In June 2026

KUALA LUMPUR, July 17 (Bernama) -- Malaysia’s inflation rose at a slower pace of 1.9 per cent in June 2026 as compared with 2.0 per cent in the previous month, according to the Department of Statistics Malaysia (DOSM).

iFAST Global Bank Adds China QR Payment Support

KUALA LUMPUR, July 17 (Bernama) -- iFAST Global Bank has expanded its Worldwide Scan & Pay service to support QR code payments in China, allowing customers to make cross-border transactions through Alipay+, the unified wallet gateway of Ant International.

TM's Wholesale Business To Remain Key Growth Driver -- Rhb IB

KUALA LUMPUR, July 17 (Bernama) --  Telekom Malaysia Bhd’s (TM) wholesale segment is expected to remain its key growth driver, supported by 5G fibre backhaul, data centre co-location and connectivity services, as well as the commissioning of new sub-sea cables, said RHB Investment Bank Bhd (RHB IB).

Bursa Malaysia Opens Slightly Lower On Profit Taking

KUALA LUMPUR, July 17 (Bernama) -- Bursa Malaysia retreated to open slightly lower on Friday on profit-taking, in line with Wall Street’s weaker overnight performance.

Ringgit Opens Higher Against Major Currencies, Flat Vs US Dollar

KUALA LUMPUR, July 17 -- The ringgit opened higher against most major currencies but was flat against the US dollar on Friday, as investors remained cautious ahead of the release of Malaysia’s advance estimate for the second quarter (2Q) gross domestic product (GDP) today, an analyst said.

Ringgit Firms As Us Rate Hike Expectations Recede

By Abdul Hamid A Rahman

KUALA LUMPUR, July 16 (Bernama) -- The ringgit ended marginally higher against the US dollar today, supported by softer-than-expected United States (US) inflation data and reduced expectations of a near-term rate hike.