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Ringgit Closes Lower As West Asia Developments Weigh On Sentiment

By Abdul Hamid A Rahman

KUALA LUMPUR, July 17 (Bernama) -- The ringgit ended the final trading day of the week lower against the US dollar as escalating developments in West Asia weighed on market sentiment.

Bursa Malaysia Higher At Close On Foreign Fund Inflows, Second Quarter GDP

By Siti Noor Afera Abu

KUALA LUMPUR, July 17 (Bernama) -- Bursa Malaysia’s key index closed higher on Friday, supported by sustained foreign fund inflows and improving domestic macroeconomic fundamentals.

MBSB Bank, NCIA Ink MoU To Provide Up To RM1 Bln Financing For SMEs

PETALING JAYA, July 17 (Bernama) -- MBSB Bank Bhd today signed a memorandum of understanding (MoU) with the Northern Corridor Implementation Authority (NCIA) to accelerate economic growth across the Northern Corridor Economic Region (NCER) with financing facilities of up to RM1 billion. 

AI Leadership Requires Capability, Continuous Innovation -- YTL

KUALA LUMPUR, July 17 (Bernama) -- Countries seeking leadership in artificial intelligence (AI) must build domestic capabilities across the AI ecosystem rather than rely on technologies developed elsewhere, YTL Power International Bhd managing director Datuk Seri Yeoh Seok Hong said.

Malaysia's Ports To Benefit From Supply Chain Shifts, Green Bunkering Push - AmBank

KUALA LUMPUR, July 17 (Bernama) -- Malaysia's port operators are poised to benefit from trade rerouting and increased transhipment activity despite elevated logistics costs, said AmBank (M) Bhd chief economist Firdaos Rosli.

Stronger Revenue Gives Malaysia Fiscal Room To Cushion External Shocks -- AmBank Economist

KUALA LUMPUR, July 17 (Bernama) -- The government's stronger-than-expected revenue collection in the first five months of 2026 (5M2026) has created additional fiscal space to respond to emerging challenges, including rising global energy prices, said AmBank Group chief economist Firdaos Rosli.

PM Anwar Grateful Malaysia's Economy Grows 5.8 Pct In Second Quarter Of 2026

NILAI, July 17 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim today expressed gratitude for Malaysia's economic growth estimated at 5.8 per cent in the second quarter of 2026 after recording 5.4 per cent growth in the first quarter of this year.

Searah Malaysia Takes Over Production Sharing Contracts From Petronas Carigali

KUALA LUMPUR, July 17 (Bernama) -- Searah (Malaysia) Sdn Bhd, the Malaysian operating entity of Searah Ltd, has assumed operatorship of key production sharing contracts in Malaysia from Petronas Carigali Sdn Bhd effective July 1, 2026, after fulfilling all conditions precedent.

Second-quarter GDP Growth Of 5.8 Per Cent Shows Malaysia's Economy Remains Resilient -- Minister

CYBERJAYA, July 17 (Bernama) -- Malaysia's economy remained resilient as preliminary data from the Department of Statistics Malaysia (DOSM) showed that its gross domestic product (GDP) grew by 5.8 per cent in the second quarter of 2026.

CIMB Securities Stays Bullish On Westports, Sees Stronger Container Volumes In 2026

KUALA LUMPUR, July 17 (Bernama) -- CIMB Securities Sdn Bhd has maintained its “overweight” call on the transport sector, with Westports Holdings Bhd remaining its top pick.

Bursa Malaysia Higher At Midday On Stronger-Than-Expected 2Q GDP

KUALA LUMPUR, July 17 (Bernama) -- Bursa Malaysia turned higher at midday, buoyed by advance estimates of the second quarter 2026 gross domestic product, which expanded by 5.8 per cent, following the 5.4 per cent growth in the preceding quarter.

Alipay+ Transaction Value In Malaysia Surges To RM824 Mln In 2025 -- MOF

KUALA LUMPUR, July 17 (Bernama) -- The value of QR payment transactions by foreign tourists through the Alipay+ ecosystem in Malaysia recorded a significant increase of 89.6 per cent to RM824 million in 2025 compared with RM435 million in the previous year.