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Malaysia Strengthens Healthcare Trade Ties With Thailand At WHX Bangkok 2026

By Kenny Teng Khoon Hock

BANGKOK, July 8 (Bernama) -- Malaysia is strengthening its economic partnership with Thailand through its participation in the World Health Expo (WHX) Bangkok 2026, aimed at expanding bilateral cooperation in the healthcare and life sciences sectors.

EIG's MidOcean Secures US$1.13 Bln Investment From Private Department

KUALA LUMPUR, July 8 (Bernama) -- EIG, an institutional investor in the global energy and infrastructure sectors, announced that its liquefied natural gas (LNG) company, MidOcean Energy (MidOcean), has secured a US$1.13 billion investment from the Private Department of Sheikh Mohammed bin Khalid Al Nahyan (Private Department). (US$1=RM4.07)

IILM's Outstanding Sukuk Portfolio Hits Record US$7.2 Bln

KUALA LUMPUR, July 8 (Bernama) -- The International Islamic Liquidity Management Corporation’s (IILM) total outstanding short-term sukuk assets climbed to a record US$7.2 billion, following a US$1.28 billion issuance and reissuance exercise (US$1=RM4.07).

Modon's Hudayriyat Project Tops 13 Bln Emirati Dirham In Sales

KUALA LUMPUR, July 8 (Bernama) -- Modon has recorded more than 13 billion Emirati dirham in sales within days of launching Hudayriyat Golf Estates on Hudayriyat Island in Abu Dhabi, setting what the company claimed is the highest publicly recorded sales value for a single residential project launch in the United Arab Emirates (UAE). (100 Emirati dirham = RM111.03)

Govt Revamping NCM Scheme For Automotive Industry, Targets Implementation Next Year

SERENDAH, July 7 (Bernama) --  The government is revamping the New Customised Incentive Mechanism (NCM) for the automotive industry, intending to implement it next year after completing consultations with the relevant ministries, agencies, and industry players.

Bursa Malaysia Ends Marginally Lower On Mild Profit-Taking

By Danni Haizal Danial Donald

KUALA LUMPUR, July 7 (Bernama) -- Bursa Malaysia ended marginally lower on Tuesday as investors engaged in mild profit-taking following the recent rebound in the local market, in line with softer performances across regional markets.

APAC Offshore Spending Remains Stable Post-West Asia Conflict

By Siti Radziah Hamzah

KUALA LUMPUR, July 7 (Bernama) -- Asia Pacific (APAC) offshore spending remains broadly stable post-West Asia conflict, with Southeast Asia (SEA) estimated to see a 12 per cent increase in greenfield capital expenditure (capex) to more than US$100 billion (US$1 = RM4.08), reflecting stronger prioritisation of new offshore developments, said Hong Leong Investment Bank Bhd (HLIB) today.

Proxima Fusion Secures 411 Mln Euros To Advance Fusion Power

KUALA LUMPUR, July 7 (Bernama) -- Proxima Fusion has raised 411 million euros (US$468 million) in a financing round, valuing the company at 2.4 billion euros (US$2.7 billion) and making it Europe's best-funded fusion energy company. (US$1=RM4.08)

BNM's International Reserves Up To US$132.6 Bln At End-June

KUALA LUMPUR, July 7 (Bernama) -- Bank Negara Malaysia's (BNM) international reserves stood at US$132.6 billion as at June 30, 2026, more than the US$130.5 billion recorded as at June 15, 2026.

Ningbo Showcases Smart Manufacturing At Colombo Cultural Exchange

KUALA LUMPUR, July 7 (Bernama) -- The cultural exchange event, Encounter & Insight: Dialogue Between Ningbo, China and Colombo, Sri Lanka, brought together representatives from the two port cities to discuss integrated port-city development and bilateral economic and trade connectivity.

Bursa Malaysia Ends Morning Session Lower Amid Heavyweight Sell-off

KUALA LUMPUR, July 7 (Bernama) -- Bursa Malaysia ended the morning session lower today, as continued selling activities in heavyweight stocks, particularly financial counters, weighed on market sentiment.

TNB Supplies Power To 36 Data Centres Through 1Q 2026 - PETRA

KUALA LUMPUR, July 7 (Bernama) -- Tenaga Nasional Bhd (TNB) has supplied electricity to 36 operating data centres with a planned supply capacity of around 4.5 gigawatts (GW) through the first quarter (1Q) of 2026, according to the Ministry of Energy Transition and Water Transformation (PETRA).