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).

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.

Ringgit Expected To Trade Within 3.90-4.20 Against US Dollar Through 2H 2026

KUALA LUMPUR, July 28 (Bernama) -- Malaysia’s resilient growth, durable trade surplus and disciplined monetary framework are expected to underpin the ringgit through the second half of 2026 (2H 2026), with the local currency projected to trade within the 3.90-4.20 range against the US dollar, said Juwai IQI global chief economist Shan Saeed.

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.

Strong Demand For Malaysia’s US$1.5 Bln Sukuk Signals Investor Confidence - BNM Governor

KUALA LUMPUR, July 28 (Bernama) -- Malaysia’s successful US$1.5 billion global sukuk issuance last week shows investors’ confidence in its economic fundamentals, said Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour.

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.

Bursa Malaysia Opens Lower On Cautious Stance Ahead FOMC Meeting

KUALA LUMPUR, July 28 (Bernama) -- Bursa Malaysia pared yesterday's gains to open lower on Tuesday amid dampened regional sentiment, as market players adopt a cautious stance ahead of the US Federal Open Market Committee (FOMC) meeting scheduled for today and tomorrow, as well as US tech companies’ earnings.

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.

Bursa Malaysia's Key Index Ends Higher On Bargain-Hunting

By Zufazlin Baharuddin and Fatin Umairah Abdul Hamid

KUALA LUMPUR, July 27 (Bernama) -- Bursa Malaysia’s key index closed higher as bargain-hunting activities emerged in banking and plantation heavyweights following the recent pullback.

Rubber Market Ends Mixed On Weaker Regional Futures, Lower Crude Oil Prices

By K. Naveen Prabu

KUALA LUMPUR, July 27 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Monday, tracking weaker regional rubber futures, according to a dealer.

Malaysia's Economic Fundamentals Remain Resilient Amid Global Cost Pressures

KUALA LUMPUR, July 27 (Bernama) -- Malaysia’s economic fundamentals remain strong despite mounting global cost pressures arising from ongoing geopolitical tensions, said the Association of Chartered Certified Accountants (ACCA).