Maybank, CGIF Ink MoU To Strengthen ASEAN+3 Local Currency Capital Markets

KUALA LUMPUR, July 23 (Bernama) -- Maybank and Credit Guarantee and Investment Facility (CGIF) have signed a memorandum of understanding (MoU) to strengthen and deepen local currency capital markets in ASEAN+3 markets (Southeast Asia, China, Japan and South Korea).

Manufacturing Sector's Performance Remains Positive In 1Q 2026 Under NIMP 2030

KUALA LUMPUR, July 23 (Bernama) -- Malaysia's manufacturing sector has continued to strengthen under the New Industrial Master Plan 2030 (NIMP 2030), with its gross value-added increasing 5.9 per cent in the first quarter of 2026 (1Q 2026), two years after the policy's implementation.

Petronas Chemicals Up On Stronger Potential 2Q Earnings

KUALA LUMPUR, July 23 (Bernama) -- Petronas Chemicals Group Bhd’s share price rose 1.69 per cent to RM4.80, on stronger potential quarter-on-quarter (q-o-q) earnings in 2Q FY2026, mainly driven by the fertiliser and methanol segment.

Bursa Malaysia Opens Higher On Global Tech Earnings Spillover

KUALA LUMPUR, July 23 (Bernama) -- Bursa Malaysia opened firmer on Thursday, tracking regional peers, as upbeat earnings from global technology (tech) companies spilt over to local tech stocks.

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.

GDB Holdings Bags RM439.4 Mln Mont Kiara Development Project

KUALA LUMPUR, July 22 (Bernama) -- GDB Holdings Bhd has secured a RM439.4 million contract to construct the Wolo Hotel & Residences Mont Kiara KL project in Kuala Lumpur from Magma Kiara Sdn Bhd.

Eco-Shop's Net Profit Rises To RM264.56 Mln In FY2026

KUALA LUMPUR, July 22 (Bernama) -- Eco-shop Marketing Bhd’s net profit rose to RM264.56 million in the financial year ended May 31, 2026 (FY2026) compared with RM205.03 million registered in FY2025.

United Plantations' 2Q Net Profit Falls To RM194 Mln, Revenue Rises To RM641.84 Mln

KUALA LUMPUR, July 22 (Bernama) -- United Plantations Bhd's net profit for the second quarter ended June 30, 2026 (2Q FY2026) declined to RM194.00 million, compared with RM249.38 million recorded in the same quarter last year.

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. 

BNM's International Reserves At US$131.8 Bln As At July 15, 2026

KUALA LUMPUR, July 22 (Bernama) -- Bank Negara Malaysia's (BNM) international reserves stood at US$131.8 billion as at July 15, 2026, compared with US$132.6 billion as at the end of last month.

Mah Sing To Develop RM2.26 Bln GDV Industrial Park In Johor

KUALA LUMPUR, July 22 (Bernama) -- Mah Sing Group Bhd will develop MS Industrial Park @ Kulai, an integrated industrial development in Johor with an estimated gross development value (GDV) of RM2.26 billion.

Bursa Malaysia Lower At Midday On Mild Profit-taking

KUALA LUMPUR, July 22 (Bernama) -- Bursa Malaysia extended its decline at midday on continuous selling in selected heavyweight stocks due to mild profit-taking.