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Bursa Malaysia Extends Gains To End Higher

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, July 2 (Bernama) -- Bursa Malaysia extended its gains to close higher today, supported by strength in telecommunications stocks and a rebound in heavyweight banking counters, which kept the benchmark index in positive territory despite cautious overall market sentiment.

MEUFTA To Unlock Greater Trade Opportunities — Belgium DPM

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, July 2 (Bernama) — Belgium is hopeful that the Malaysia-European Union (EU) Free Trade Agreement (MEUFTA) would unlock greater new trade opportunities, strengthen economic growth, and create jobs.

Penang Technology Park @ Bertam's Infrastructure Works Completed

KEPALA BATAS, July 2 (Bernama) -- Ideal Property Group has completed all infrastructure works at its 880-acre (323.7-hectare) Penang Technology Park @ Bertam, with the development entering full delivery following the completion of its landmark entrance gateway.

Bursa Malaysia Extends Gains At Midday On Buying In Financial, Telecom Stocks

KUALA LUMPUR, July 2 (Bernama) -- Bursa Malaysia continued its upward trend at midday, driven by strong buying interest in major financial and telecommunications stocks.

Malaysia Poised To Gain From AI Chip Upcycle -- Apex Securities

KUALA LUMPUR, July 2 (Bernama) -- Malaysia is well positioned to benefit from the global artificial intelligence (AI)-driven semiconductor upcycle through advanced packaging, AI infrastructure, semiconductor equipment demand and ongoing supply-chain diversification, said Apex Securities Bhd.

IPPFA Maintains Malaysia's 2026 GDP Growth Forecast At 4.6 Pct Despite Global Uncertainty

KUALA LUMPUR, July 2 (Bernama) -- IPP Financial Advisers (IPPFA) has maintained its 2026 Malaysia gross domestic product (GDP) growth forecast at 4.6 per cent despite global uncertainty, supported by resilient domestic demand, private investment and a gradual recovery in external trade.

IDS Should Lead Sabah's Logistics Masterplan Initiative, Says Expert

LABUAN, July 2 (Bernama) -- The Institute for Development Studies (IDS) Sabah should be formally mandated to initiate the Sabah Integrated Logistics and Transport Masterplan to unlock the state’s key progress in logistics planning, said logistics expert Datuk Ramli Amir.

Bursa Malaysia Opens Higher

KUALA LUMPUR, July 2 (Bernama) -- Bursa Malaysia opened higher on continued buying interest, underpinned by optimism over the semiconductor and artificial intelligence (AI) supercycle, a dealer said.

Malaysia Welcomes Understanding Between US, Iran – PM Anwar

KUALA LUMPUR, July 2 (Bernama) -- Malaysia has welcomed the understanding reached between the United States and Iran aimed at ending months of hostilities, while commending the role of Gulf countries, Türkiye, Pakistan and others in facilitating the memorandum of understanding.

Khazanah Backs PAC Recommendations To Strengthen Airport Ecosystem

KUALA LUMPUR, July 1 (Bernama) -- Khazanah Nasional Bhd has welcomed the recommendations of the Public Accounts Committee (PAC) on Malaysia Airports Holdings Bhd (MAHB) and the continued strengthening of Malaysia's airport ecosystem.

HSBC Sees 10 Pct Upside For FBM KLCI By Year-end

By Abdul Hamid A Rahman

KUALA LUMPUR, July 1 (Bernama) -- HSBC Private Bank and Premier Wealth has set a year-end target of 1,850 points for the FTSE Bursa Malaysia KLCI (FBM KLCI), implying about 10 per cent upside from current levels.

Electricity Consumption Of Data Centres Expected To Surge To 31 Pct By 2035

KUALA LUMPUR, July 1 (Bernama) --  Electricity consumption by the data centre sector is expected to increase significantly to 31% - equivalent to 73,274 gigawatt-hours (GWh) - by 2035, up from 7% or 10,544 GWh in 2026.