Ringgit Closes Higher Against US Dollar, Regional Currencies

By Abdul Hamid A Rahman

KUALA LUMPUR, July 2 (Bernama) -- The ringgit ended higher against the US dollar and regional currencies today as the greenback remained subdued following a lack of clear guidance on the United States interest rate outlook.

Selangor's GDP Grows To RM460.1 Bln In 2025, Raising Its National Contribution To 26.5 Pct

SHAH ALAM, July 2 (Bernama) -- Selangor recorded strong economic growth in 2025 with its gross domestic product (GDP) expanding by RM28 billion from the preceding year to hit RM460.1 billion.

MEUFTA To Unlock Greater Trade Opportunities — Belgium DPM

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, July 2 (Bernama) — Belgium is hopeful that the Malaysia-European Union (EU) Free Trade Agreement (MEUFTA) would unlock greater new trade opportunities, strengthen economic growth, and create jobs.

Ajinomoto Malaysia Wins Two Honours At AREA 2026

KUALA LUMPUR, July 2 (Bernama) -- Ajinomoto (Malaysia) Bhd (AMB) has secured two accolades at the Asia Responsible Enterprise Awards (AREA) 2026, winning the "Green Leadership" and "Corporate Sustainability Reporting" categories in recognition of its sustainability efforts.

Mexico, U.S. Remain At Odds Over Trilateral Trade Agreement

IPPFA Maintains Malaysia's 2026 GDP Growth Forecast At 4.6 Pct Despite Global Uncertainty

KUALA LUMPUR, July 2 (Bernama) -- IPP Financial Advisers (IPPFA) has maintained its 2026 Malaysia gross domestic product (GDP) growth forecast at 4.6 per cent despite global uncertainty, supported by resilient domestic demand, private investment and a gradual recovery in external trade.

Malaysia To Repurpose Retiring Coal Plants Into RE Hubs - DPM Fadillah

KUALA LUMPUR, July 2 (Bernama) -- Malaysia plans to repurpose sites of retiring coal-fired power plants into renewable energy (RE) hubs and battery energy storage facilities under a proposed National Coal Site Repurposing Framework, said Deputy Prime Minister Datuk Seri Fadillah Yusof.

Malaysia-Thailand BEZ Development Proposal To Be Negotiated Bilaterally

KUALA LUMPUR, July 1 (Bernama) -- The proposal for the development of the Malaysia-Thailand Border Economic Zone (BEZ) will be negotiated bilaterally with Thailand before being implemented, said the Ministry of Economy.

JS-SEZ To Benefit From Collaboration With Italy, European Partners - Akmal Nasrullah

KUALA LUMPUR, July 1 (Bernama) -- Collaboration with Italy and other European partners will play an important role in supporting the Johor-Singapore Special Economic Zone (JS-SEZ), said Economy Minister Akmal Nasrullah Mohd Nasir.

Ant International's KL Hub To Create Jobs, Boost Local Capabilities -- PM Anwar

KUALA LUMPUR, July 1 (Bernama) -- Ant International’s decision to establish its Global Operations Centre in Kuala Lumpur will help create jobs and strengthen local capabilities, Prime Minister Datuk Seri Anwar Ibrahim said, as Malaysia seeks to position itself as a regional hub for digital technology and artificial intelligence (AI).

WTO Must Adapt To Current International Economic Realities — Johari Ghani

KUALA LUMPUR, June 30 (Bernama) -- The World Trade Organization (WTO) must adapt to the realities of today’s international economy to remain relevant amid intensifying competition and evolving global trade dynamics, said Investment, Trade and Industry Minister Datuk Seri Johari Abdul Ghani.

 Malaysia's Next Economic Milestone: Can GDP Per Capita Reach US$20,000 By Early 2030s?

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, June 30 (Bernama) -- Malaysia has crossed another important economic milestone, with nominal gross domestic product (GDP) per capita surpassing the US$15,000 (US$1 = RM4.06) mark in 2026, according to the International Monetary Fund (IMF).