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SME Bank Appoints Samad Majid Zain As CEO

KUALA LUMPUR, July 2 (Bernama) -- Small Medium Enterprise Development Bank Malaysia Bhd (SME Bank), a subsidiary of Bank Pembangunan Malaysia Bhd (BPMB) group, has appointed Samad Majid Zain as chief executive officer effective July 1, 2026.

Khazanah Backs PAC Recommendations To Strengthen Airport Ecosystem

KUALA LUMPUR, July 1 (Bernama) -- Khazanah Nasional Bhd has welcomed the recommendations of the Public Accounts Committee (PAC) on Malaysia Airports Holdings Bhd (MAHB) and the continued strengthening of Malaysia's airport ecosystem.

SC Appoints New Shariah Advisory Council For 2026-2029 Term

KUALA LUMPUR, July 1 (Bernama) -- The Securities Commission Malaysia (SC) has appointed a new seven-member Shariah Advisory Council (SAC) for a three-year term from July 1, 2026, to June 30, 2029.

Bursa Malaysia Reverses Earlier Gains To End Lower

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, July 1 (Bernama) -- Bursa Malaysia’s benchmark index fell 0.43 per cent to close at its intraday low, reversing earlier gains as a wave of late-session selling erased the day's advances.

U Mobile Completes Transition To Own 5G Network, Exits DNB Wholesale Deal

KUALA LUMPUR, July 1 (Bernama) -- U Mobile Sdn Bhd has successfully migrated to its own nationwide ULTRA5G network after exiting the wholesale access agreement with Digital Nasional Bhd (DNB).

Vertiv Expects Johor Plant To Reach Technical Capacity By 3Q 2027

JOHOR BAHRU, July 1 (Bernama) -- US-based digital infrastructure company Vertiv Group expects its Johor manufacturing facility to gradually ramp up production, with about 15 to 20 per cent of its production lines currently in operation.

Nine Funds Earn Perfect Scores In Global SWF GSR Scoreboard

KUALA LUMPUR, July 1 (Bernama) -- Global SWF has published the seventh edition of its Governance, Sustainability, and Resilience (GSR) Scoreboard, with nine institutions achieving perfect scores in the 2026 assessment of state-owned investors.

AGC Biologics, Pyramid Pharma Services To Provide Integrated Manufacturing Solution

KUALA LUMPUR, July 1 (Bernama) -- AGC Biologics, a global biopharmaceutical contract development and manufacturing organisation (CDMO), has partnered with Pyramid Pharma Services to provide an integrated United States (US)-based manufacturing solution for drug developers.

Boomi Enables Australasian Firm Modernise Vendor Management

KUALA LUMPUR, July 1 (Bernama) -- Boomi, the data activation company for artificial intelligence (AI), announced that Programmed has transformed its vendor data management using the Boomi Enterprise Platform, establishing a single source of truth for vendor information, improving compliance and reducing manual processes across its operations.

Weststar, Rocket Technologies International Collaboration To Generate Over US$10 Bln Commercial Potential

CANBERRA, July 1 (Bernama) -- The strategic joint venture agreement (JVA) between Weststar Group and Australia's Rocket Technologies International Pty Ltd is expected to contribute significantly to bilateral trade and economic growth between Malaysia and Australia, with long-term commercial potential estimated at over US$10 billion (US$1 = RM4.08) through future aerospace, defence, satellite, and advanced technology programmes. 

Bursa Malaysia Ends Morning Session Higher

KUALA LUMPUR, July 1 (Bernama) -- Bursa Malaysia ended the morning session on a firmer note, supported by selective buying interest in heavyweight counters, particularly within the utilities sector, amid range-bound trading.

ATON Launches AI-Powered Family Safety Platform Amid Bullying Concerns

KUALA LUMPUR, July 1 (Bernama) -- ATON Inc has launched FamGuard, an artificial intelligence (AI)-powered family safety platform designed to help parents monitor children's digital activities and identify potential signs of online risks, as concerns over school bullying and cyberbullying continue to grow in Singapore.