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KUALA LUMPUR, July 17 (Bernama) -- Abu Dhabi-based Modon Holding and Nammos Hotels & Resorts have unveiled Nammos Ras El Hekma, the hospitality brand's first fully integrated destination in Egypt, as part of the US$35 billion Ras El Hekma masterplan on the country's North Coast. (US$1=RM4.07)
PUTRAJAYA, July 17 (Bernama) -- The National Trust Fund Bill 2026, which was passed by the Dewan Rakyat yesterday, will strengthen the National Trust Fund (KWAN) as the country's intergenerational savings fund to ensure sustainable financial reserves for both present and future generations.
KUALA LUMPUR, July 17 (Bernama) -- Padini Holdings Bhd’s shares surged 12.67 per cent in early trade on Friday after the Malaysian Anti-Corruption Commission (MACC) confirmed that all previously frozen company bank accounts have been fully unfrozen.
KUALA LUMPUR, July 16 (Bernama) -- Asia Pacific dominated the ranking of the world’s busiest airport pairs, with Jeju International Airport and Seoul’s Gimpo International Airport (CJU-GMP) remaining the most popular route globally, with 13.3 million passengers travelling between the two airports.
KUALA LUMPUR, July 16 (Bernama) -- Following the implementation of the Work From Home (WFH) policy for federal civil servants, a total of 4.05 million litres of petrol had been saved, resulting in RM7.31 million in subsidy savings as of July 14, 2026.
KUCHING, July 16 (Bernama) -- AirBorneo Airways Sdn Bhd today announced a temporary adjustment to flight frequencies on a small number of selected routes across its network, effective July 6 to Oct 24, as part of efforts to improve fleet reliability and strengthen schedule performance.
By Nik Nurfaqih Nik Wil
JAKARTA, July 16 (Bernama) -- Malaysia was the fifth-largest source of foreign investment in Indonesia in the second quarter (2Q) of 2026, contributing US$700 million (US$1 = RM4.065), while Indonesia's realised investment totalled Rp511.8 trillion (Rp1 million = RM225).
MELAKA, July 16 (Bernama) -- Melaka is strengthening its position as one of Malaysia's leading semiconductor and advanced manufacturing hubs by leveraging its established industrial ecosystem, skilled workforce and strategic location to attract the next generation of high-value investments.
KUALA LUMPUR, July 16 (Bernama) -- The passage of the Statistics Bill 2026 in parliament today reflects the government's commitment to developing a more coordinated, credible, and responsive national statistical system, according to the Ministry of Economy.
KUALA LUMPUR, July 16 (Bernama) -- Malaysia should adopt a phased and fiscally prudent approach if it decides to establish a national petroleum reserve stock, ensuring the initiative strengthens long-term energy resilience without placing unnecessary pressure on public finances, according to IPPFA Sdn Bhd director of investment strategy and country economist Mohd Sedek Jantan.
KUALA LUMPUR, July 16 (Bernama) -- The Dewan Rakyat has today passed the Statistics Bill 2026, which is aimed, among other things, to replace the Statistics Act 1965 (Act 415) to establish a more modern and comprehensive legal framework aligned with the current data and statistics ecosystem.
By Abdul Hamid A Rahman
KUALA LUMPUR, July 16 (Bernama) -- The ringgit ended marginally higher against the US dollar today, supported by softer-than-expected United States (US) inflation data and reduced expectations of a near-term rate hike.
