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EV Adoption To Rise On Affordable Models, Better Charging Infrastructure -- HLIB

KUALA LUMPUR, July 10 (Bernama) -- The electrification trend in the automotive sector is expected to accelerate in the second half of 2026 (2H 2026), supported by more affordable electric vehicle (EV) models and expanding charging infrastructure, said Hong Leong Investment Bank Bhd (HLIB).

EarthDaily Constellation Reaches Satellite Milestone For Commercial Operations

KUALA LUMPUR, July 10 (Bernama) -- EarthDaily, a global Earth observation company, has successfully established initial contact with EDC-08 following its launch aboard SpaceX's Transporter-17 mission on July 7.

MBI Wants Malaysia, Indonesia To Emerge As Major Integrated Circuit Producers

From Harizah Hanim Mohamed

BANDUNG, July 10 (Bernama) --  Menteri Besar Selangor Incorporated (MBI) wants to see the semiconductor industry in Malaysia and Indonesia grow more rapidly, with both countries developing into major producers of integrated circuits (ICs), said group chief executive officer Datuk Saipolyazan M Yusop.

Government's Statutory Debt Projected To Remain Below 65% Of GDP In 2026

KUALA LUMPUR, July 9 (Bernama) --  The federal government's statutory debt level, after taking into account borrowing requirements for 2026, is projected to remain below 65 per cent of gross domestic product (GDP).

MoF Says No Blanket Freeze On 2026 Allocations For MoH, MoE

KUALA LUMPUR, July 9 (Bernama) -- The government is not implementing across-the-board restrictions on the allocations for the Ministry of Health (MoH) and the Ministry of Education (MoE) for 2026.

Govt To Prioritise Sustainable, Inclusive And People-Centric Economic Growth In Budget 2027 -- MOF

KUALA LUMPUR, July 9 (Bernama) -- The government will emphasise sustainable, inclusive and people-centric economic growth, in line with the MADANI Economy Framework: Empowering the People, in formulating Budget 2027.

Malaysia's Economy Seen Growing 4.7 Pct In 2026 On Data Centre, Tech Cycle -- IMF

KUALA LUMPUR, July 9 (Bernama) -- Malaysia’s economy is projected to grow at a rate of 4.7 per cent in 2026, benefiting from data centre activity and the upturn in the global technology cycle, according to the International Monetary Fund (IMF). 

Exsim Hospitality Unit Secures RM63.5 Mln Interior Design Works Contract

KUALA LUMPUR, July 9 (Bernama) -- Exsim Hospitality Bhd’s wholly owned subsidiary, Exsim Concepto Sdn Bhd (ECSB), has accepted a letter of award from Cosmopolitan Avenue Sdn Bhd for the design and build of interior works under a RM63.5 million contract.

Ringgit Closes Flat As FOMC Minutes Weigh On US Dollar

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, July 9 (Bernama) -- The ringgit closed flat against the US dollar after the latest US Federal Open Market Committee (FOMC) minutes suggested a less unified stance on further policy tightening, an analyst said.

AI, Digital Cash Set To Reshape Financial Systems

KUALA LUMPUR, July 9 (Bernama) -- The emergence of artificial intelligence (AI)-driven autonomous agentic systems could become significantly more consequential for financial systems when paired with digital cash, such as stablecoins, tokenised deposits or deposit tokens.

Structural Reforms Increasingly Key To Malaysia’s Growth As BNM Maintains OPR

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, July 9 (Bernama) -- Bank Negara Malaysia’s (BNM) decision to maintain the overnight policy rate (OPR) highlights the growing importance of structural reforms and investment policies in driving Malaysia's long-term growth, with monetary policy providing a stable backdrop for economic expansion, according to an economist.

Bursa Malaysia Closes Lower Amid Renewed West Asia Tensions

By Danni Haizal Danial Donald

KUALA LUMPUR, July 9 (Bernama) -- Bursa Malaysia closed lower on Thursday as renewed geopolitical tensions in West Asia weighed on investor sentiment.