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RHB IB Initiates ‘Buy’ Call For Gas Malaysia On MRP, RGT4 Prospects

KUALA LUMPUR, July 23 (Bernama) -- RHB Investment Bank Bhd (RHB IB) has initiated coverage on Gas Malaysia Bhd (GMB) with a 'buy' recommendation and a target price (TP) of RM6.50 on expectations of higher gas prices and growth prospects from its planned Regasification Terminal 4 (RGT4) project.

Malaysia’s Leading Index Rises 0.8 Pct In May 2026

KUALA LUMPUR, July 24 (Bernama) -- Malaysia’s economic prospects remain positive in May 2026 with the Leading Index (LI) rising 0.8 per cent to 114.4 points compared to 113.5 points in the corresponding period last year, according to the Department of Statistics Malaysia (DOSM).

LEPAS Unveils L8 PHEV For Global Markets

KUALA LUMPUR, July 24 (Bernama) -- LEPAS, Chery Auto's mid-to-premium new energy vehicle (NEV) brand, has introduced the LEPAS L8 plug-in hybrid electric vehicle (PHEV) to global markets, combining advanced hybrid technology, intelligent driving features and its signature "Leopard Aesthetics" design philosophy.

Kerjaya Prospek Edges Higher After RM52.5 Mln M&E Contract Win

KUALA LUMPUR, July 24 (Bernama) -- Kerjaya Prospek Group Bhd’s share price rose five sen to RM2.46 after securing a RM52.5 million contract for the execution and completion of civil, structural and basic low-voltage mechanical and electrical (M&E) works for a data centre in the Klang Valley.

Malaysia's US$1.5 Bln Global Sukuk 4.7 Times Oversubscribed, Record-Low Spread

PUTRAJAYA, July 24 (Bernama) -- Strong investor demand drove a 4.7 times oversubscription for Malaysia’s US$1.5 billion Global Sukuk issuance, which was priced at a record-low spread, the Ministry of Finance (MOF) said.

Brent Remains Slightly Above US$100 Per Barrel On Escalating US-Iran Conflict

KUALA LUMPUR, July 24 (Bernama) -- Brent crude oil prices have remained above US$100 per barrel today amid the escalating United States-Iran conflict, reigniting fears over global energy supplies.

Malaysia Faces 10 Pct Duty Under US’  New Section 301 Tariffs Over Forced Labour Import Rules

KUALA LUMPUR, July 24 (Bernama) -- Malaysia, among ASEAN countries, faces the lowest tariff of 10 per cent under the United States'  new Section 301 tariffs following failure to impose and effectively enforce forced labour import rules.

Bursa Malaysia Opens Lower Amid Cautious Market Sentiment

KUALA LUMPUR, July 24 (Bernama) -- Bursa Malaysia opened lower on Friday, with cautious sentiment expected to remain after Thursday's regional rally left Asian markets exposed to Wall Street's overnight pullback.

KLCI Futures Open Lower

KUALA LUMPUR, July 24 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contracts opened lower on Bursa Malaysia Derivatives on Friday.

Ringgit Opens Higher Against Major Currencies, Softer Vs US Dollar

KUALA LUMPUR, July 24 (Bernama) -- The ringgit opened higher against most major currencies on Friday but eased against the US dollar as markets turned risk-off, with crude oil prices continuing to climb and the Trump administration stepping up its trade protectionist policies.

IATA Appoints Saadia Zahidi As Its First Female Director General

KUALA LUMPUR, July 23 (Bernama) -- The International Air Transport Association (IATA) has appointed Pakistani-Swiss economist Saadia Zahidi as its ninth director general, making her the first female to hold the position.

Approved Japanese E&E Investments Reach RM10.5 Bln Between 2021 And 2025 - MITI

KUALA LUMPUR, July 23 (Bernama) -- Approved Japanese investments in Malaysia's electrical and electronics (E&E) manufacturing sector totalled RM10.5 billion between 2021 and 2025, involving 46 projects that are expected to create 9,009 new jobs.