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Hotel Okura To Open Luxury Cappadocia Resort In 2028

KUALA LUMPUR, July 28 (Bernama) -- Hotel Okura Co Ltd, a global Japanese hotel operator, has announced that the Hotel Okura Thermal Resort & Spa Cappadocia is scheduled to open in 2028 in the historic village of Mustafapaşa in the Cappadocia region of Türkiye.

Chery Auto Surpasses 20 Million Global Sales

KUALA LUMPUR, July 28 (Bernama) -- Global automotive manufacturer, Chery Automobile Co Ltd (Chery Auto) announced that its cumulative global sales had surpassed 20 million units, marking another milestone in the company's global expansion.

Rubber Targeted To Hit Minimum Price Of RM5 Per Kilogramme By End-2027 - Ahmad Zahid

SEREMBAN, July 28 (Bernama) --  The minimum price of rubber is targeted to hit RM5 per kilogramme by the end of 2027 as part of efforts to improve the income and standard of living of more than 500,000 rubber smallholders nationwide, said Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi.

Mi Equipment To Expand Advanced Packaging R&D, Manufacturing Capacity In Penang

GEORGE TOWN, July 28 (Bernama) -- Mi Equipment (M) Sdn Bhd will continue expanding its research and development (R&D) capabilities and manufacturing capacity in Penang as it strengthens its position as a global player in the advanced semiconductor packaging industry.

Malaysia Needs Fresh Reform Momentum To Strengthen Fiscal Sustainability, Boost Productivity — OECD

PUTRAJAYA, July 28 (Bernama) -- Malaysia needs fresh reform momentum to strengthen fiscal sustainability, boost productivity and improve education to sustain strong and resilient economic growth, according to the Organisation for Economic Co-operation and Development (OECD).

OECD Maintains Malaysia's 2026 Growth Forecast At 5 Pct, Citing Economic Resilience

PUTRAJAYA, July 28 (Bernama) -- The Organisation for Economic Co-operation and Development (OECD) has forecast Malaysia’s economy to record solid growth of around five per cent on average this year and in 2027 despite global uncertainties.

Malaysia Now 7.1 Pct Below World Bank’s High-Income Threshold -- Akmal Nasrullah

PUTRAJAYA, July 28 (Bernama) -- Malaysia is now just 7.1 per cent below the World Bank’s high-income threshold, thanks to the 5.8 per cent economic expansion in the second quarter of this year, said Economy Minister Akmal Nasrullah Mohd Nasir.

Malaysia To Prioritise Higher Wages Before Broadening Tax Base, Says Economy Minister

PUTRAJAYA, July 28 (Bernama) -- Malaysia’s immediate priority right now is to raise people’s incomes and address the country’s structural wage issue before broadening the tax base, Economy Minister Akmal Nasrullah Mohd Nasir said.

Sime Darby Property Establishes RM2.6 Bln Green Sukuk Programme For Data Centres

KUALA LUMPUR, July 28 (Bernama) -- Sime Darby Property Bhd's New Economy Venture (NEV) platform, Sime Darby Property NEV (Holdings) Sdn Bhd (SDP NEV), has established a sukuk programme of up to RM2.6 billion to finance the development of build-to-suit-to-lease data centres as well as industrial and logistics assets.

Malaysia’s 2026 Growth Likely At Upper End Of 4-5 Pct Range Despite Energy Supply Shock -- BNM Governor

KUALA LUMPUR, July 28 (Bernama) -- Despite the energy supply shock, Malaysia’s economy remains well on track to grow by four to five per cent, likely towards the upper end of the range, with manageable inflation in 2026, Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour said.

MATRADE To Continue Monitoring Market Conditions, Providing Exporters With Timely Intelligence

KUALA LUMPUR, July 28 (Bernama) -- The Malaysia External Trade Development Corporation (MATRADE) will continue to monitor market conditions in real time, feeding intelligence back to Malaysian exporters as conditions shift.

B15 Biodiesel Expected To Save 386.7 Mln Litres Of Diesel Annually

KUALA LUMPUR, July 27 (Bernama) -- Increasing the biodiesel blend from B10 to B12 or B15 in Peninsular Malaysia and Sabah is expected to reduce diesel consumption by 334,139 tonnes a year, equivalent to about 386.73 million litres per annum.