Oriental Interest To Acquire Chin Hin (Jitra), CHJ Motor For RM280 Mln

KUALA LUMPUR, July 27 (Bernama) -- Property developer Oriental Interest Bhd (OIB) has proposed to acquire the entire equity interest in Chin Hin (Jitra) Sdn Bhd (CHJSB) and CHJ Motor Holdings Sdn Bhd (CMHSB) for RM280 million. 

SNS Network Unit Secures RM1.21 Bln AI Server Contract

KUALA LUMPUR, July 27 (Bernama) -- SNS Network Technology Bhd’s wholly owned subsidiary SNS Network (M) Sdn Bhd has secured a sales agreement worth US$298.65 million (RM1.21 billion) to supply high-performance artificial intelligence (AI) servers to a Singapore-based global digital entertainment company. 

CLMT Posts Higher Net Profit Of RM43.99 Mln In 2Q

KUALA LUMPUR, July 27 (Bernama) -- Capitaland Malaysia Trust (CLMT) posted a higher net profit of RM43.99 million for the second quarter ended June 30, 2026 (2Q FY2026) from RM35.06 million in the same period last year.

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.

OCBC Malaysia, CGC Launch RM1.3 Bln Guarantee Facility To Boost SME Financing

KUALA LUMPUR, July 27 (Bernama) -- OCBC Malaysia has teamed up with Credit Guarantee Corporation Malaysia Bhd (CGC) to establish a RM1.3 billion guarantee facility aimed at improving financing access for small and medium enterprises (SMEs).

AMRO Raises Malaysia's 2026 Growth Forecast To 4.9 Pct On Strong AI-Driven Exports

By Anas Abu Hassan

SINGAPORE, July 27 (Bernama) -- The ASEAN+3 Macroeconomic Research Office (AMRO) has revised Malaysia's growth forecast upward to 4.9 per cent for 2026 from an initial 4.6 per cent projection, driven by robust AI-related demand.

MyCEB Secures 416 Business Events For 2026-2030 With RM3.98 Bln Estimated Economic Impact

KUALA LUMPUR, July 27 (Bernama) -- The Malaysia Convention and Exhibition Bureau (MyCEB) has secured 416 business events to be held from 2026 to 2030, with a projected estimated economic impact (EEI) of RM3.98 billion, as of June 30, 2026.

Malaysia On Track To Become A Top 12 Globally Competitive Economy - Mohd Shahar

KUALA LUMPUR, July 27 (Bernama) -- Malaysia is on track to achieve the target set under the 13th Malaysia Plan (13MP) of becoming among the top 12 economies in global competitiveness, according to Deputy Economy Minister Datuk Mohd Shahar Abdullah.

Statistics Bill 2026 Expected To Be Gazetted By Year-End, Says Akmal Nasrullah

PUTRAJAYA, July 27 (Bernama) -- The Statistics Bill 2026 is expected to be gazetted by the end of this year after completing the administrative process following its approval in Parliament, said Minister of Economy Akmal Nasrullah Mohd Nasir.

Vietnam’s Non-Life Insurance Segment Set For Stable Outlook - AM Best

KUALA LUMPUR, July 27 (Bernama) -- Global credit rating agency, AM Best has maintained its stable outlook on Vietnam’s non-life insurance segment, citing robust demand, technology adoption and healthy macroeconomic factors.

SBM Offshore Strengthens Malaysia’s Role In Global Offshore Energy Projects

KUALA LUMPUR, July 27 (Bernama) -- Malaysia is strengthening its position in the global offshore energy value chain, with local engineering and technical teams taking on increasingly complex responsibilities in international project execution.

Young Entrepreneur Turns RM100 Capital Into Thriving Jacket Potato Business

By Kamarul Halim M Kamal 

BATU PAHAT, July 27 (Bernama) -- Starting with just six baked potatoes sold outside his home each day, a young entrepreneur has grown his jacket potato business, also known as spud potato, to more than 250 servings daily, following an overwhelming response from customers.