LATEST NEWS   National Day and Malaysia Day 2026 celebration programme secures RM48.63 million in sponsorship from 139 strategic partners - Fahmi | Airport security enhancement plan to be presented to Cabinet next week - Saifuddin | Kelantan Legislative Assembly passes Syariah Criminal Offences (Kelantan) Bill 2026 | Kerjaya Prospek's unit secures mixed development construction contract in Johor Bahru, worth RM223.0 mln | Six schools in Tebedu, Sarawak closed this morning due to API readings exceeding 200 - State Education Department | 

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Decision On F1 Race In Malaysia Lies With Youth And Sports Ministry - Petronas

By Siti Radziah Hamzah

KUALA LUMPUR, July 25 (Bernama) -- Petroliam Nasional Bhd (Petronas) said the decision on whether Malaysia will once again host a Formula One (F1) race falls under the purview of the Ministry of Youth and Sports and relevant authorities.

Shanxi, Malaysia Boost Economic, Cultural Tourism Ties 

KUALA LUMPUR, July 24 (Bernama) -- China’s Shanxi Province and Malaysia have strengthened cooperation in economic, trade, and cultural tourism sectors following an exchange conference held in Kuala Lumpur on July 21.

Kerjaya Prospek Edges Higher After RM52.5 Mln M&E Contract Win

KUALA LUMPUR, July 24 (Bernama) -- Kerjaya Prospek Group Bhd’s share price rose five sen to RM2.46 after securing a RM52.5 million contract for the execution and completion of civil, structural and basic low-voltage mechanical and electrical (M&E) works for a data centre in the Klang Valley.

Approved Japanese E&E Investments Reach RM10.5 Bln Between 2021 And 2025 - MITI

KUALA LUMPUR, July 23 (Bernama) -- Approved Japanese investments in Malaysia's electrical and electronics (E&E) manufacturing sector totalled RM10.5 billion between 2021 and 2025, involving 46 projects that are expected to create 9,009 new jobs.

SC, Hong Kong SFC Ink MoU To Facilitate Dual IPO Listings, Cross-border Investments

KUALA LUMPUR, July 23 (Bernama) -- The Securities Commission Malaysia (SC) and the Securities and Futures Commission of Hong Kong (SFC) today signed a memorandum of understanding (MoU) to establish a practical framework to facilitate dual initial public offering (IPO) listings, including primary and secondary listings, mutual recognition of investment funds, and expanded cross-border investment opportunities.

Maybank, CGIF Ink MoU To Strengthen ASEAN+3 Local Currency Capital Markets

KUALA LUMPUR, July 23 (Bernama) -- Maybank and Credit Guarantee and Investment Facility (CGIF) have signed a memorandum of understanding (MoU) to strengthen and deepen local currency capital markets in ASEAN+3 markets (Southeast Asia, China, Japan and South Korea).

Eliis, Petronas Sign Joint Industry Project Agreement

KUALA LUMPUR, July 23 (Bernama) -- Advanced seismic interpretation technology provider Eliis has signed a joint industry project agreement (JIPA) with Petroliam Nasional Bhd (Petronas) to collaborate on the deployment of PaleoScan technology and joint geoscience research and development initiatives in Malaysia.

Petros Achieves Sarawak's First Onshore Oil Production In Over 50 Years

SIBU, July 22 (Bernama) -- Sarawak Premier Tan Sri Abang Johari Tun Openg today announced that Petroleum Sarawak Bhd (Petros) has achieved first oil at the Adong Kechil West (AKW) field near Marudi, marking the return of onshore oil production in Sarawak after more than 50 years.

Orkim To Buy Oil & Chemical Tanker For RM94.88 Mln, Expands Fleet To 20 Vessels

KUALA LUMPUR, July 22 (Bernama) -- Orkim Bhd’s wholly-owned subsidiary, Orkim Ambition Sdn Bhd, has entered into a Memorandum of Agreement with ALLContinents International Shipping Ltd for the proposed acquisition of an IMO Type II oil/chemical tanker for 157 million renminbi (about RM94.88 million).

GDB Holdings Bags RM439.4 Mln Mont Kiara Development Project

KUALA LUMPUR, July 22 (Bernama) -- GDB Holdings Bhd has secured a RM439.4 million contract to construct the Wolo Hotel & Residences Mont Kiara KL project in Kuala Lumpur from Magma Kiara Sdn Bhd.

Bursa Malaysia Ends Lower Amid Profit-taking, Higher Oil Prices

By Karina Imran

KUALA LUMPUR, July 22 (Bernama) -- Bursa Malaysia closed lower on Wednesday as investors continued to take profit following the recent rally, while elevated crude oil prices and lingering geopolitical tensions in West Asia kept market sentiment cautious, said an analyst. 

AM Best Retains Stable Outlook On South Korea's Non-Life Insurance

KUALA LUMPUR, July 22 (Bernama) -- Global credit rating agency, AM Best has maintained its stable outlook on South Korea’s non-life insurance segment, supported by enhanced regulatory frameworks and solid investment performance.