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HLIB Lifts Malaysia’s 2026 GDP Forecast To 4.7 Pct On Strong E&E Exports

KUALA LUMPUR, July 15 (Bernama) -- Stronger-than-expected electrical and electronics (E&E) exports and robust global semiconductor demand have prompted Hong Leong Investment Bank (HLIB) to raise Malaysia’s 2026 gross domestic product (GDP) growth forecast to 4.7 per cent from 4.5 per cent previously.

PTL Properties Opens Sales Gallery For The Rimbun In Bukit Mertajam

BUKIT MERTAJAM, July 15 (Bernama) -- Penang-based property developer, PTL Properties Sdn Bhd has officially opened the sales gallery for The Rimbun, its latest affordable strata townhouse development in Bukit Mertajam.

Ringgit To Outperform Regional Peers Despite Stronger Greenback -- Standard Chartered

KUALA LUMPUR, July 15 (Bernama) -- The Malaysian ringgit is expected to remain one of the region's better-performing currencies alongside the Singapore dollar, supported by solid economic fundamentals and impact of higher oil prices, even in a stronger US dollar environment, according to Standard Chartered Bank.

No Changes To Fiscal Projections Under Budget 2027 For Now -- Liew

KUALA LUMPUR, July 15 (Bernama) -- There is no need to review current projections under Budget 2027 based on the government’s fiscal performance for the first half of 2026, said Deputy Finance Minister Liew Chin Tong. 

Enest Group To Double Production With New Kajang Facility

KUALA LUMPUR, July 15 (Bernama) --  Enest Group Bhd plans to double its bird's nest production capacity with the development of a new manufacturing facility in Kajang, which is expected to commence operations in 2028.

Malaysia’s 2Q GDP Growth Expected To Moderate -- Economist

KUALA LUMPUR, July 15 (Bernama) -- Malaysia’s second quarter (2Q 2026) gross domestic product (GDP) growth is expected to moderate to 4.8-5.0 per cent from 5.4 per cent in 1Q 2026, an economist said.

Bursa Malaysia Opens Higher Ahead Of 2Q GDP Estimate

KUALA LUMPUR, July 15 (Bernama) -- Bursa Malaysia opened higher on Wednesday, supported by improved investor sentiment ahead of Malaysia's advance estimate for second-quarter (2Q) gross domestic product (GDP), while tracking Wall Street's mostly positive performance.

Ringgit Opens Higher Vs US Dollar Ahead Of 2Q GDP Estimate

KUALA LUMPUR, July 15 (Bernama) -- The ringgit opened higher against the US dollar on Wednesday as investors anticipated an upbeat advance estimate of Malaysia's second-quarter (2Q) gross domestic product (GDP), analysts said.

Govt Not Planning To Reverse Decision New CBU EV Import Rules

KUALA LUMPUR, July 14 (Bernama) -- The government does not intend to reverse the recently announced new rules for importing completely built-up (CBU) electric vehicles (EVs), according to the Ministry of Investment, Trade and Industry (MITI).

Epicon To Acquire 60 Pct Stakes In Rantau Urusan, LPB Construction For RM543.16 Mln

KUALA LUMPUR, July 14 (Bernama) -- Epicon Bhd has entered into a conditional share sale agreement with  Lagenda Properties Bhd to acquire a 60 per cent stake in Rantau Urusan (M) Sdn Bhd and LPB Construction Sdn Bhd (the target companies) for RM543.16 million. 

CPO Futures Rise For Second Straight Day On Stronger Soybean Oil

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, July 14 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives extended their gains on Tuesday, tracking stronger soybean oil prices on the Chicago Board of Trade (CBOT).

Ringgit Ends Lower Against US Dollar Amid Cautious Sentiment

By Abdul Hamid A Rahman

KUALA LUMPUR, July 14 (Bernama) -- The ringgit ended lower against the US dollar on Tuesday as investors stayed cautious ahead of the release of the US inflation data for June amid continued geopolitical tensions in West Asia.