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Tabung Haji Becomes Substantial Shareholder In Focus Point

KUALA LUMPUR, July 22 (Bernama) -- Lembaga Tabung Haji (TH) has emerged as a substantial shareholder in Focus Point Holdings Bhd after acquiring 570,000 ordinary shares in the optical retail chain operator on July 21.

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.

CPO Futures Finish Mostly Higher On Expectation Of Tighter Supply, B50 Biodiesel Mandate

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, July 22 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended mostly higher on Wednesday, supported by expectations of tighter supplies, Indonesia’s B50 biodiesel mandate and the commodity’s price discount against competing edible oils.

Sapangar Port Expansion Expected To Be Completed By October 2027

KOTA KINABALU, July 22 (Bernama) -- The Sapangar Bay Container Port (SBCP) expansion project has reached 62.75 per cent completion as of June and is now expected to be completed by October 2027 following delays caused by difficulty in securing sand supply that meets specifications.

West Asia Geopolitical Risks Push Up Prices Of Unsubsidised Petrol, Diesel - MoF

KUALA LUMPUR, July 22 (Bernama) -- Escalating geopolitical risks in West Asia are causing the retail prices of unsubsidised petrol and diesel to rise from July 23 to July 29, 2026, according to the Ministry of Finance (MOF).

Gold Futures End Higher Tracking COMEX Gains

KUALA LUMPUR, July 22 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher today, tracking gains in gold prices on the US Commodity Exchange (COMEX).

CTOS To Sell 10 Pct Stake In Juris Technologies For RM50 Mln

KUALA LUMPUR, July 22 (Bernama) -- Credit scoring firm CTOS Digital Bhd has proposed to dispose of a 10 per cent equity stake in Juris Technologies Sdn Bhd to Natsoft (M) Sdn Bhd for RM50 million cash, reducing its shareholding in the software developer to 39 per cent from 49 per cent.

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.

World Bank To Continue Supporting Malaysia’s Digital Govt Agenda

PUTRAJAYA, July 22 (Bernama) -- The World Bank remains committed to supporting Malaysia as it advances its digital transformation agenda by sharing international experience, providing analytical support, facilitating knowledge exchange and working alongside the government to turn recommendations into action.

KLCI Futures Close Lower

KUALA LUMPUR, July 22 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives closed lower on Wednesday in line with the cash market. 

Ringgit Ends Higher Vs US Dollar, Other Currencies Amid Rising Oil Prices

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, July 22 (Bernama) -- The spike in crude oil prices helped lift the ringgit, which finished higher against the US dollar and other major currencies at today's close.