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Jabil Opens Intelligent Logistics Hub In Penang

KUALA LUMPUR, July 16 (Bernama) -- Jabil Inc, a global leader in engineering, supply chain and manufacturing solutions, has opened its next-generation logistics hub in Penang to strengthen supply chain resilience.

Bursa Malaysia Higher At Midday

KUALA LUMPUR, July 16 (Bernama) -- Bursa Malaysia ended the morning session higher, backed by continuous buying in heavyweights and mid-capitalisation stocks.

Short-term Rates Set To Remain Stable On BNM Operations

KUALA LUMPUR, July 16 (Bernama) -- Short-term rates are expected to remain stable today, supported by Bank Negara Malaysia’s operations to absorb excess liquidity in the financial system.

Bursa Malaysia Opens Higher, Tracking Wall Street Gains

KUALA LUMPUR, July 16 (Bernama) -- Bursa Malaysia rebounded to open higher on Thursday, tracking Wall Street's overnight gains as easing US inflationary pressures lifted global risk sentiment.

Ringgit Rises As Soft US Data Weighs On Greenback

KUALA LUMPUR, July 16 (Bernama) -- The ringgit extended its gains against the US dollar at Thursday's opening, supported by weaker-than-expected US economic data, an analyst said.

Siti Asiah Is Appointed Chief Statistician

PUTRAJAYA, July 15 (Bernama) – Department of Statistics Malaysia’s deputy chief statistician (economic programme) Siti Asiah Ahmad has been named chief statistician, effective today.

 

Ringgit Ends Flat Against US Dollar

By Abdul Hamid A Rahman

KUALA LUMPUR, July 15 (Bernama) -- The ringgit ended virtually unchanged against the US dollar today as concerns over China’s weaker economic performance and renewed geopolitical tensions offset softer-than-expected US inflation data.

Fiscal Deficit Marginally Higher Despite More Allocated For Fuel Subsidy -- HLIB

KUALA LUMPUR, July 15 (Bernama) -- Malaysia is expected to keep its 2026 fiscal deficit broadly on track despite allocating an additional RM25 billion for fuel subsidies, with the deficit to come in at 3.6 per cent of gross domestic product (GDP).

HLIB Lifts Malaysia’s 2026 GDP Forecast To 4.7 Pct On Strong E&E Exports

KUALA LUMPUR, July 15 (Bernama) -- Stronger-than-expected electrical and electronics (E&E) exports and robust global semiconductor demand have prompted Hong Leong Investment Bank (HLIB) to raise Malaysia’s 2026 gross domestic product (GDP) growth forecast to 4.7 per cent from 4.5 per cent previously.

PTL Properties Opens Sales Gallery For The Rimbun In Bukit Mertajam

BUKIT MERTAJAM, July 15 (Bernama) -- Penang-based property developer, PTL Properties Sdn Bhd has officially opened the sales gallery for The Rimbun, its latest affordable strata townhouse development in Bukit Mertajam.

Ringgit To Outperform Regional Peers Despite Stronger Greenback -- Standard Chartered

KUALA LUMPUR, July 15 (Bernama) -- The Malaysian ringgit is expected to remain one of the region's better-performing currencies alongside the Singapore dollar, supported by solid economic fundamentals and impact of higher oil prices, even in a stronger US dollar environment, according to Standard Chartered Bank.

No Changes To Fiscal Projections Under Budget 2027 For Now -- Liew

KUALA LUMPUR, July 15 (Bernama) -- There is no need to review current projections under Budget 2027 based on the government’s fiscal performance for the first half of 2026, said Deputy Finance Minister Liew Chin Tong.