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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.

Asia Pacific Dominates Ranking Of World's Busiest Airport Pairs

KUALA LUMPUR, July 16 (Bernama) -- Asia Pacific dominated the ranking of the world’s busiest airport pairs, with Jeju International Airport and Seoul’s Gimpo International Airport (CJU-GMP) remaining the most popular route globally, with 13.3 million passengers travelling between the two airports. 

Melaka Boosting Its Position As Semiconductor Hub To Attract High-value Investments

MELAKA, July 16 (Bernama) -- Melaka is strengthening its position as one of Malaysia's leading semiconductor and advanced manufacturing hubs by leveraging its established industrial ecosystem, skilled workforce and strategic location to attract the next generation of high-value investments.

ST Rosyam Mart To Open First Johor Outlet In September

JOHOR BAHRU, July 16 (Bernama) – Halal wholesale and retail supermarket chain ST Rosyam Mart will open its first outlet in Johor on Sept 12, marking its expansion into the southern region and strengthening the state’s retail sector.

First 'MASB Belanja & Menang' Campaign Records Almost 1.9 Mln Transactions

KUALA LUMPUR, July 16 (Bernama) -- The inaugural “MASB Belanja & Menang” campaign recorded nearly 1.9 million transactions across 14 domestic airports during the campaign period from Aug 1 to Dec 31, 2025, according to Malaysia Airports Holdings Bhd.

South Korea’s DBI Retains Superior Credit Ratings From AM Best

KUALA LUMPUR, July 16 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A+ (Superior) and the long-term issuer credit rating of “aa-” (Superior) of South Korea’s DB Insurance Co Ltd (DBI).

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.

AM Best Upgrades PICC Hong Kong's Credit Ratings 

KUALA LUMPUR, July 16 (Bernama) -- AM Best has upgraded the financial strength rating of The People's Insurance Company of China (Hong Kong) Ltd (PICC HK) to A (Excellent) from A- (Excellent) and the long-term issuer credit rating to “a” (Excellent) from “a-” (Excellent).

Johor Property Sector Remains Neutral After State Poll, Says CIMB Securities

KUALA LUMPUR, July 16 (Bernama) -- CIMB Securities Sdn Bhd has maintained its ‘neutral’ call on the property sector, particularly in Johor, following the contested state election, as the outcome provides a clear mandate for the new administration to ensure development continuity.

Malaysia's Consumer Spending To Grow In 2026 - BMI

KUALA LUMPUR, July 16 (Bernama) -- Malaysia’s consumer spending is expected to grow in 2026, underpinned by stable economic growth and employment outlook, said BMI, a Fitch Solutions company.

Gamuda Shares Rise On Penang-Perak Water Supply Deal

KUALA LUMPUR, July 16 (Bernama) -- Gamuda Bhd’s shares rose 1.44 per cent in early trade on Thursday after its joint venture signed a bulk water supply agreement with Perbadanan Bekalan Air Pulau Pinang Sdn Bhd (PBAPP).

SD Guthrie To Dispose Of Kuala Selangor Land For RM798.31 Mln

KUALA LUMPUR, July 15 (Bernama) -- SD Guthrie Bhd has entered into two conditional sale and purchase agreements (SPAs) to dispose of freehold land in Kuala Selangor for RM798.31 million.