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KUALA LUMPUR, July 17 (Bernama) -- Abu Dhabi-based Modon Holding and Nammos Hotels & Resorts have unveiled Nammos Ras El Hekma, the hospitality brand's first fully integrated destination in Egypt, as part of the US$35 billion Ras El Hekma masterplan on the country's North Coast. (US$1=RM4.07)
PUTRAJAYA, July 17 (Bernama) -- The National Trust Fund Bill 2026, which was passed by the Dewan Rakyat yesterday, will strengthen the National Trust Fund (KWAN) as the country's intergenerational savings fund to ensure sustainable financial reserves for both present and future generations.
KUALA LUMPUR, July 17 (Bernama) -- Bursa Malaysia retreated to open slightly lower on Friday on profit-taking, in line with Wall Street’s weaker overnight performance.
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.
KUALA LUMPUR, July 16 (Bernama) -- Cryptocurrency and blockchain giant Binance has not been licensed or registered with the Securities Commission Malaysia (SC) to carry out capital market activities in Malaysia, said the Ministry of Finance (MOF).
KUALA LUMPUR, July 16 (Bernama) -- The government stresses that the use of Asset Recovery Trust Account funds is made in accordance with the approved Trust Directive and only for authorised purposes, including to cover operating costs and repay 1Malaysia Development Bhd (1MDB) and SRC International Sdn Bhd debts.
By Nik Nurfaqih Nik Wil
JAKARTA, July 16 (Bernama) -- Malaysia was the fifth-largest source of foreign investment in Indonesia in the second quarter (2Q) of 2026, contributing US$700 million (US$1 = RM4.065), while Indonesia's realised investment totalled Rp511.8 trillion (Rp1 million = RM225).
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.
KUALA LUMPUR, July 16 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed higher on continued demand for safe-haven assets, despite weaker gold prices on the US Commodity Exchange (COMEX).
KUALA LUMPUR, July 16 (Bernama) -- The Dewan Rakyat has today passed the Statistics Bill 2026, which is aimed, among other things, to replace the Statistics Act 1965 (Act 415) to establish a more modern and comprehensive legal framework aligned with the current data and statistics ecosystem.
By Abdul Hamid A Rahman
KUALA LUMPUR, July 16 (Bernama) -- The ringgit ended marginally higher against the US dollar today, supported by softer-than-expected United States (US) inflation data and reduced expectations of a near-term rate hike.
By Siti Noor Afera Abu
KUALA LUMPUR, July 16 (Bernama) -- Bursa Malaysia’s key index rebounded from yesterday’s losses to close higher on Thursday, driven by broad-based buying across multiple sectors.
