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Mynews Acquires RM24.7 Mln Rawang Industrial Land For New Distribution Centre

KUALA LUMPUR, July 22 (Bernama) -- Mynews Holdings Bhd's wholly owned subsidiary Mynews Retail Sdn Bhd has entered into a sale and purchase agreement (SPA) with Thung Hing Metal Industry Sdn Bhd to acquire 13.5 acres leasehold industrial land in Rawang, Selangor for RM24.70 million.

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.

CelcomDigi Launches Customer Rewards Campaign Offering RM20 Mln In Prizes

KUALA LUMPUR, July 22 (Bernama) -- CelcomDigi Bhd has launched a customer rewards campaign offering RM20 million worth of prizes as a token of appreciation to customers following its milestone of reaching 20 million customers.

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.

Kenanga IB, CGSI Expect Resilient Malaysia Automotive Sales In 2H2026 On EV, Hybrid Demand

KUALA LUMPUR, July 22 (Bernama) -- Malaysia's automotive sales are expected to remain resilient in the second half of 2026 (2H2026), supported by the introduction of more localised electric vehicle (EV) models and stronger demand for hybrid vehicles, fuelled by consumers' growing preference for new energy vehicles.

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.

Malaysia May Gain Advantage Despite Proposed US Forced Labour Tariff - Kenanga IB

KUALA LUMPUR, July 22 (Bernama) -- The proposed 10 per cent tariff on Malaysian goods under the US forced labour-related measures is expected to have a neutral impact on the trade outlook, with the country potentially gaining a modest advantage against higher-tariff regional competitors, according to Kenanga Investment Bank Bhd (Kenanga IB).

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.

Govt Aligns Investment Direction Of GLICs, Public Funds Through GEAR-uP, MOF Inc

KUALA LUMPUR, July 22 (Bernama) -- The government is aligning the investment direction of government-linked investment companies (GLICs) and public funds through a clear national development policy, the Government-linked Enterprises Activation and Reform Programme (GEAR-uP) mechanism, and the strategic role of the Minister of Finance Incorporated (MOF Inc).

Sim Calls On Manufacturers, Industry Players To Reinvest Profits In R&D

GEORGE TOWN, July 22 (Bernama) -- Factories and industry players, particularly in the electrical and electronics (E&E) sector, are advised to capitalise on the country's strong trade performance this year by reinvesting profits into research and development (R&D), automation, and talent development to enhance long-term competitiveness.

RON95, Diesel Subsidies Projected To Reach RM3.5 Bln Per Month If Oil Remains At US$90 A Barrel

KUALA LUMPUR, July 22 (Bernama) -- The government estimates that the RON95 petrol subsidy will reach approximately RM2 billion per month, while the diesel subsidy will amount to about RM1.5 billion per month, if crude oil prices remain at around US$90 per barrel based on current projections.

Pernas To Debut Bizfrancais At PIHEX 2026

GEORGE TOWN, July 22 (Bernama) – Perbadanan Nasional Bhd (Pernas) will introduce Bizfrancais at the Penang International Halal Expo (PIHEX) 2026 as a strategic platform to expand halal and shariah-compliant franchise business opportunities for local entrepreneurs.