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KUALA LUMPUR, July 17 (Bernama) -- AmBank (M) Bhd expects Malaysia's gross domestic product (GDP) in the second quarter of 2026 (2Q2026) to grow by 5.6 per cent, supported by private consumption fuelled by festive spending during the quarter and steady private investment
KUALA LUMPUR, July 17 (Bernama) -- iFAST Global Bank has expanded its Worldwide Scan & Pay service to support QR code payments in China, allowing customers to make cross-border transactions through Alipay+, the unified wallet gateway of Ant International.
KUALA LUMPUR, July 17 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) projects the total industry volume (TIV) for the Malaysian automotive industry to reach 790,000 units in calendar year 2026 (CY2026).
KUALA LUMPUR, July 17 (Bernama) -- Projects such as the Rapid Transit System (RTS) Link, the Johor-Singapore Special Economic Zone (JS-SEZ), expanding logistics networks and continued investments in industrial and digital infrastructure are expected to reshape Johor's economic landscape.
KUALA LUMPUR, July 17 (Bernama) -- Telekom Malaysia Bhd’s (TM) wholesale segment is expected to remain its key growth driver, supported by 5G fibre backhaul, data centre co-location and connectivity services, as well as the commissioning of new sub-sea cables, said RHB Investment Bank Bhd (RHB IB).
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).
