AmBank Sees Stronger 2Q GDP Growth, Raises 2026 Forecast To 4.8 Pct

KUALA LUMPUR, July 17 (Bernama) -- AmBank (M) Bhd expects Malaysia's gross domestic product (GDP) in the second quarter of 2026 (2Q2026) to grow by 5.6 per cent, supported by private consumption fuelled by festive spending during the quarter and steady private investment

Padini Shares Up Nearly 13 Pct After MACC Unfreezes Bank Accounts

KUALA LUMPUR, July 17 (Bernama) -- Padini Holdings Bhd’s shares surged 12.67 per cent in early trade on Friday after the Malaysian Anti-Corruption Commission (MACC) confirmed that all previously frozen company bank accounts have been fully unfrozen.

Bursa Malaysia Opens Slightly Lower On Profit Taking

KUALA LUMPUR, July 17 (Bernama) -- Bursa Malaysia retreated to open slightly lower on Friday on profit-taking, in line with Wall Street’s weaker overnight performance.

Geoeconomic Fragmentation Prompts Malaysia To Rethink Energy Security -- Experts

KUALA LUMPUR, July 17 (Bernama) -- Malaysia’s move to study the establishment of a national petroleum reserve stock reflects a broader shift in national policy as rising geoeconomic risks compel countries to place greater emphasis on energy security alongside economic resilience, according to experts.

CPO Futures Rebound On Higher CBOT Soybean Oil Prices

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, July 16 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives rebounded to close higher on Thursday, driven by stronger Chicago Board of Trade (CBOT) soybean oil prices.

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.

Singaporean Consumer Spending In JB To Rise By S$1.05 Bln A Year After RTS Link Opening -- Study

SINGAPORE, July 16 (Bernama) -- Singaporeans’ consumer spending in Johor Bahru is projected to increase by S$1.05 billion (S$1=RM3.15) a year following the opening of the Johor Bahru-Singapore Rapid Transit System (RTS) Link, a study revealed.

Government To Approve Data Centre Projects Only If Energy, Water Supply Are Sufficient -- MITI

KUALA LUMPUR, July 16 (Bernama) -- The government has assured that it will only approve data centre projects after ensuring that energy and water supply capacity is sufficient to meet the needs of the people and local industries.

Bursa Malaysia Higher At Midday

KUALA LUMPUR, July 16 (Bernama) -- Bursa Malaysia ended the morning session higher, backed by continuous buying in heavyweights and mid-capitalisation stocks.

Gamuda Shares Rise On Penang-Perak Water Supply Deal

KUALA LUMPUR, July 16 (Bernama) -- Gamuda Bhd’s shares rose 1.44 per cent in early trade on Thursday after its joint venture signed a bulk water supply agreement with Perbadanan Bekalan Air Pulau Pinang Sdn Bhd (PBAPP).

Bursa Malaysia Opens Higher, Tracking Wall Street Gains

KUALA LUMPUR, July 16 (Bernama) -- Bursa Malaysia rebounded to open higher on Thursday, tracking Wall Street's overnight gains as easing US inflationary pressures lifted global risk sentiment.

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.