MBI Wants Malaysia, Indonesia To Emerge As Major Integrated Circuit Producers

From Harizah Hanim Mohamed

BANDUNG, July 10 (Bernama) --  Menteri Besar Selangor Incorporated (MBI) wants to see the semiconductor industry in Malaysia and Indonesia grow more rapidly, with both countries developing into major producers of integrated circuits (ICs), said group chief executive officer Datuk Saipolyazan M Yusop.

Bursa Malaysia Opens Higher Tracking Wall Street Cues

KUALA LUMPUR, July 10 (Bernama) -- Bursa Malaysia opened higher on Friday, tracking overnight gains on Wall Street spearheaded by tech stocks, amid West Asia uncertainties.

KWAP Balances Investment Approach, Strengthens Oversight On Startups -- MoF

KUALA LUMPUR, July 9 (Bernama) -- The Retirement Fund (Incorporated) (KWAP) will continue to balance its investment approach, including placing greater emphasis on investments through funds and fund managers that possess sector expertise, market networks and specialised monitoring capabilities.

Government's Statutory Debt Projected To Remain Below 65% Of GDP In 2026

KUALA LUMPUR, July 9 (Bernama) --  The federal government's statutory debt level, after taking into account borrowing requirements for 2026, is projected to remain below 65 per cent of gross domestic product (GDP).

MoF Says No Blanket Freeze On 2026 Allocations For MoH, MoE

KUALA LUMPUR, July 9 (Bernama) -- The government is not implementing across-the-board restrictions on the allocations for the Ministry of Health (MoH) and the Ministry of Education (MoE) for 2026.

Govt To Prioritise Sustainable, Inclusive And People-Centric Economic Growth In Budget 2027 -- MOF

KUALA LUMPUR, July 9 (Bernama) -- The government will emphasise sustainable, inclusive and people-centric economic growth, in line with the MADANI Economy Framework: Empowering the People, in formulating Budget 2027.

CPO Futures End Lower As Traders React To Indonesia's B50 Biodiesel Mandate

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, July 9 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower on Thursday as traders reacted to Indonesia's official announcement of its B50 biodiesel mandate, which projected lower-than-expected domestic palm oil consumption.

Malaysia's Economy Seen Growing 4.7 Pct In 2026 On Data Centre, Tech Cycle -- IMF

KUALA LUMPUR, July 9 (Bernama) -- Malaysia’s economy is projected to grow at a rate of 4.7 per cent in 2026, benefiting from data centre activity and the upturn in the global technology cycle, according to the International Monetary Fund (IMF). 

MBSB IB Upgrades GDP Forecast, Sees OPR Remaining At 2.75 Pct

KUALA LUMPUR, July 9 (Bernama) -- MBSB Investment Bank Bhd (MBSB IB) has revised up its 2026 gross domestic product (GDP) growth forecast to 4.5 per cent, underpinned by steady economic growth and well-contained inflation.

AIA Malaysia Marks 10th Year Milestone As Million Dollar Round Table Insurer

KUALA LUMPUR, July 9 (Bernama) -- Insurance and takaful provider AIA Malaysia has secured the top position in the Million Dollar Round Table (MDRT) rankings in Malaysia for the 10th time, recording a total of 827 MDRT qualifiers, including 19 Top of the Table (TOT) and 67 Court of the Table (COT) members.  

Exsim Hospitality Unit Secures RM63.5 Mln Interior Design Works Contract

KUALA LUMPUR, July 9 (Bernama) -- Exsim Hospitality Bhd’s wholly owned subsidiary, Exsim Concepto Sdn Bhd (ECSB), has accepted a letter of award from Cosmopolitan Avenue Sdn Bhd for the design and build of interior works under a RM63.5 million contract.

AI, Digital Cash Set To Reshape Financial Systems

KUALA LUMPUR, July 9 (Bernama) -- The emergence of artificial intelligence (AI)-driven autonomous agentic systems could become significantly more consequential for financial systems when paired with digital cash, such as stablecoins, tokenised deposits or deposit tokens.