KWAN Must Reflect Malaysia's Broader Natural Resource Wealth -- Amir Hamzah

KUALA LUMPUR, July 16 (Bernama) -- The National Trust Fund (KWAN) Bill 2026, passed in the parliament today, underscores Malaysia's commitment to diversifying its economy.

Malaysia Should Adopt Phased, Fiscally Prudent Approach To Petroleum Reserve Stock -- Economist

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.

Dewan Rakyat Passes Statistics Bill 2026 To Modernise Data Ecosystem

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.

Bursa Malaysia Ends Higher On Broad-based Buying

By Siti Noor Afera Abu

KUALA LUMPUR, July 16 (Bernama) -- Bursa Malaysia’s key index rebounded from yesterday’s losses to close higher on Thursday, driven by broad-based buying across multiple sectors.

ST Rosyam Mart To Open First Johor Outlet In September

JOHOR BAHRU, July 16 (Bernama) – Halal wholesale and retail supermarket chain ST Rosyam Mart will open its first outlet in Johor on Sept 12, marking its expansion into the southern region and strengthening the state’s retail sector.

First 'MASB Belanja & Menang' Campaign Records Almost 1.9 Mln Transactions

KUALA LUMPUR, July 16 (Bernama) -- The inaugural “MASB Belanja & Menang” campaign recorded nearly 1.9 million transactions across 14 domestic airports during the campaign period from Aug 1 to Dec 31, 2025, according to Malaysia Airports Holdings Bhd.

Johor To Produce AI Cleaning Robots Under China Partnership

By Hasnah Jusid

KULAI, July 16 (Bernama) -- Johor is set to become the production base for artificial intelligence (AI)-powered cleaning robots under a technology transfer partnership between a local company and a Chinese robotics firm.

Johor Property Sector Remains Neutral After State Poll, Says CIMB Securities

KUALA LUMPUR, July 16 (Bernama) -- CIMB Securities Sdn Bhd has maintained its ‘neutral’ call on the property sector, particularly in Johor, following the contested state election, as the outcome provides a clear mandate for the new administration to ensure development continuity.

Malaysia's Consumer Spending To Grow In 2026 - BMI

KUALA LUMPUR, July 16 (Bernama) -- Malaysia’s consumer spending is expected to grow in 2026, underpinned by stable economic growth and employment outlook, said BMI, a Fitch Solutions company.

Ringgit Rises As Soft US Data Weighs On Greenback

KUALA LUMPUR, July 16 (Bernama) -- The ringgit extended its gains against the US dollar at Thursday's opening, supported by weaker-than-expected US economic data, an analyst said.

Public, Businesses Must Be Prepared For Challenges Arising From Hormuz Closure -- Akmal Nasrullah

KUALA LUMPUR, July 15 (Bernama) -- The government is reminding the public and businesses not to become complacent or underestimate the economic and supply chain impacts following Iran's declaration of the renewed closure of the Strait of Hormuz.

SD Guthrie To Dispose Of Kuala Selangor Land For RM798.31 Mln

KUALA LUMPUR, July 15 (Bernama) -- SD Guthrie Bhd has entered into two conditional sale and purchase agreements (SPAs) to dispose of freehold land in Kuala Selangor for RM798.31 million.