Ringgit Opens Higher As US Fed Holds Rate Steady

KUALA LUMPUR, July 30 (Bernama) -- The ringgit opened higher against the US dollar, supported by the weaker greenback after the US Federal Reserve (Fed) kept interest rates steady at its latest Federal Open Market Committee (FOMC) meeting.

RCI Recommends Forensic Audit Into 14 Tabung Haji Investments

KUALA LUMPUR, July 29 (Bernama) -- The Royal Commission of Inquiry (RCI) into the management and operations of Lembaga Tabung Haji (TH) has recommended a forensic audit into 14 past investment decisions that resulted in significant asset impairments at the Islamic pilgrimage fund.

More Than 4,300 Smallholders Benefited From RM190 Mln Replanting Scheme

PUTRAJAYA, July 29 (Bernama) -- The Smallholder Palm Oil Replanting Financing Incentive Scheme (TSPKS 2.0) implemented by the Plantations and Commodities Ministry (KPK) has benefited 4,364 smallholders involving an area of ​​12,145.51 hectares (ha) with a total financing of RM190.13 million as of June 30.

BNM Plans To Set Up Governance Framework To Keep MediAsas Sustainable And Affordable

KUALA LUMPUR, July 29 (Bernama) – Bank Negara Malaysia (BNM) plans to set up a governance framework to ensure that MediAsas, Malaysia’s base medical and health insurance and takaful (MHIT) product, remains affordable and sustainable over the long term amid rising healthcare costs.

ASEAN Needs Massive Capital, Stronger Partnerships To Accelerate Energy Transition -- Anwar

PETALING JAYA, July 29 (Bernama) -- ASEAN requires massive, sustained and structured capital to build solar farms, upgrade grids, install battery storage, and upskill workers, as national governments cannot bear this burden alone, said Prime Minister Datuk Seri Anwar Ibrahim.

Econpile Wins RM39.52 Mln Sub-contract For Bored Piling, Sub-structure Works

KUALA LUMPUR, July 29 (Bernama) -- Econpile Holdings Bhd has been awarded a sub-contract worth RM39.52 million from WCT Construction Sdn Bhd to undertake the earthworks, bored piling and sub-structure works here at Jalan Awan Besar in Mukim Petaling.

Selective Buying Of Defensive Stocks Lifts Bursa Malaysia Higher At Close

By Zufazlin Baharuddin

KUALA LUMPUR, July 29 (Bernama) -- Bursa Malaysia rebounded to close higher on Wednesday on selective buying of defensive stocks after a volatile trading session.

Ringgit Edges Higher Against US Dollar As Investors Await FOMC Outcome

By Abdul Hamid A Rahman

KUALA LUMPUR, July 29 (Bernama) -- The ringgit closed marginally higher against the US dollar on Wednesday as investors remained on the sidelines ahead of the outcome of the United States Federal Open Market Committee’s (FOMC) meeting.

Gelam Tree And The Malaysian Economy

By M.Saraswathi

KUALA LUMPUR, July 29 (Bernama) -- Bank Negara Malaysia's annual Sasana Symposium took on a refreshingly different tone this year, with Governor Datuk Seri Abdul Rasheed Ghaffour departing from convention in his central bank address.

Eppendorf To Shift Part Of Production To Penang, Serve Global Markets

GEORGE TOWN, July 29 (Bernama) -- German life science company Eppendorf will relocate part of the production of selected laboratory instruments from its existing facilities to its new manufacturing site in Penang, which will primarily serve the North American and European markets.

Govt Saves RM5 Bln Through Expenditure Control Measures - Liew 

KUALA LUMPUR, July 29 (Bernama) -- The government has recorded nearly RM5 billion in savings as of July 14, 2026, from the implementation of expenditure control measures following the RM10 billion adjustment to the operating expenditure allocation for this year, said Deputy Finance Minister Liew Chin Tong.

LYB CEO Peter Vanacker To Receive CME STEM Leadership Award

KUALA LUMPUR, July 29 (Bernama) -- LyondellBasell (LYB) and Chemical Marketing & Economics Inc (CME) announced that LYB Chief Executive Officer (CEO), Peter Vanacker will receive the CME STEM Leadership Award for Corporate Reinvention on Dec 11 in New York City.