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IGB Reit 2Q Net Profit Rises To RM139.27 Mln On Additional Income, Profit Contribution

KUALA LUMPUR, July 22 (Bernama) -- IGB Real Estate Investment Trust’s (IGB REIT) net profit for the second quarter ended June 30, 2026 (2Q 2026) rose 50.6 per cent to RM139.27 million against RM92.50 million in the same quarter a year ago.

Mynews Acquires RM24.7 Mln Rawang Industrial Land For New Distribution Centre

KUALA LUMPUR, July 22 (Bernama) -- Mynews Holdings Bhd's wholly owned subsidiary Mynews Retail Sdn Bhd has entered into a sale and purchase agreement (SPA) with Thung Hing Metal Industry Sdn Bhd to acquire 13.5 acres leasehold industrial land in Rawang, Selangor for RM24.70 million.

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.

Selangor-Negeri Synergy Boosts Growth, Can Create New Economic Corridor - Amirudin

SEREMBAN, July 22 (Bernama) -- The synergy in strategic development between Selangor and Negeri Sembilan has the potential to create a new economic corridor capable of boosting the competitiveness of the country's central region through the strengthening of investment networks, high-tech industries and integrated logistics infrastructure.

Kenanga IB, CGSI Expect Resilient Malaysia Automotive Sales In 2H2026 On EV, Hybrid Demand

KUALA LUMPUR, July 22 (Bernama) -- Malaysia's automotive sales are expected to remain resilient in the second half of 2026 (2H2026), supported by the introduction of more localised electric vehicle (EV) models and stronger demand for hybrid vehicles, fuelled by consumers' growing preference for new energy vehicles.

Malaysia May Gain Advantage Despite Proposed US Forced Labour Tariff - Kenanga IB

KUALA LUMPUR, July 22 (Bernama) -- The proposed 10 per cent tariff on Malaysian goods under the US forced labour-related measures is expected to have a neutral impact on the trade outlook, with the country potentially gaining a modest advantage against higher-tariff regional competitors, according to Kenanga Investment Bank Bhd (Kenanga IB).

Gradiant Supports Europe’s Semiconductor Expansion With Water Solutions

KUALA LUMPUR, July 22 (Bernama) -- Gradiant, a global leader in advanced water and wastewater solutions, has completed its work for a major new semiconductor manufacturing facility in Dresden, strengthening Europe’s capacity to produce technologies powering an increasingly digital and electrified world.

Bursa Malaysia Lower At Midday On Mild Profit-taking

KUALA LUMPUR, July 22 (Bernama) -- Bursa Malaysia extended its decline at midday on continuous selling in selected heavyweight stocks due to mild profit-taking.

Govt Aligns Investment Direction Of GLICs, Public Funds Through GEAR-uP, MOF Inc

KUALA LUMPUR, July 22 (Bernama) -- The government is aligning the investment direction of government-linked investment companies (GLICs) and public funds through a clear national development policy, the Government-linked Enterprises Activation and Reform Programme (GEAR-uP) mechanism, and the strategic role of the Minister of Finance Incorporated (MOF Inc).

eXp Realty To Hold First Spanish-Language eXpcon

KUALA LUMPUR, July 22 (Bernama) -- eXp Realty will hold its first eXpcon in Latin America in Medellín, Colombia, from April 6 to 8, 2027, marking the company's first conference in the region to be conducted entirely in Spanish.

Enigmatig Invests In Singapore-Canada Film Co-Production

KUALA LUMPUR, July 22 (Bernama) -- Enigmatig Limited (Enigmatig), a Singapore-headquartered global business enabler, has invested in KUNGFULAND, the first scripted feature-length Singapore-Canada Treaty action-comedy co-production to use virtual production.