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Nestle Malaysia Share Price Soars Following Higher 2Q Result

KUALA LUMPUR, July 29 (Bernama) -- Nestlé (Malaysia) Bhd’s share price rose after its net profit for the second quarter of the financial year ending Dec 31, 2026 (2Q 2026) rose to RM155.01 million from RM112.11 million a year earlier.

454 Students Graduate From Sidec's ASEM Semiconductor Programme

KUALA LUMPUR, July 28 (Bernama) -- A total of 454 students have graduated from the Advanced Semiconductor Academy Malaysia (ASEM) semiconductor programme run by the Selangor Information Technology and Digital Economy Corporation (Sidec).

Pay Growth Lags Productivity, Wage-Setting System Needs Review — BNM Deputy Governor

KUALA LUMPUR, July 28 (Bernama) -- Bank Negara Malaysia (BNM) sees the country’s wage growth has lagged productivity growth and believes there is a need to review its wage-setting system, particularly how adjustments to the minimum wage translate into wages at higher levels.

Rubber Targeted To Hit Minimum Price Of RM5 Per Kilogramme By End-2027 - Ahmad Zahid

SEREMBAN, July 28 (Bernama) --  The minimum price of rubber is targeted to hit RM5 per kilogramme by the end of 2027 as part of efforts to improve the income and standard of living of more than 500,000 rubber smallholders nationwide, said Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi.

Nestlé Malaysia’s 2Q Net Profit Rises To RM155.01 Mln, Declares 80 Sen Dividend

KUALA LUMPUR, July 28 (Bernama) -- Nestlé (Malaysia) Bhd’s net profit for the second quarter of the financial year ending Dec 31, 2026 (2Q 2026) rose to RM155.01 million from RM112.11 million a year earlier, underpinned by broad-based topline growth, effective cost management and improved efficiencies across the value chain.

Sime Darby Property Establishes RM2.6 Bln Green Sukuk Programme For Data Centres

KUALA LUMPUR, July 28 (Bernama) -- Sime Darby Property Bhd's New Economy Venture (NEV) platform, Sime Darby Property NEV (Holdings) Sdn Bhd (SDP NEV), has established a sukuk programme of up to RM2.6 billion to finance the development of build-to-suit-to-lease data centres as well as industrial and logistics assets.

Penang On Track To Achieve 10 Pct Renewable Energy Target By 2030 – Chow

GEORGE TOWN, July 28 (Bernama) -- Penang is making steady progress in its renewable energy transition, with clean energy now contributing about six per cent of the state’s energy mix.

Strong Demand For Malaysia’s US$1.5 Bln Sukuk Signals Investor Confidence - BNM Governor

KUALA LUMPUR, July 28 (Bernama) -- Malaysia’s successful US$1.5 billion global sukuk issuance last week shows investors’ confidence in its economic fundamentals, said Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour.

Bank Muamalat Unveils Awwal Credit Card-i To Expand Access To Responsible Financing

KUALA LUMPUR, July 28 (Bernama) -- Bank Muamalat Malaysia Bhd has introduced the Awwal Credit Card-i, a Shariah-compliant credit card designed to provide consumers with more transparent, affordable and responsible financing.

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.

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).

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.