LATEST NEWS   BNM, People’s Bank of China have renewed the bilateral currency swap arrangement for a term of 5 years, effective from 2026 to 2031, with the size expanded to 220 bln renminbi (RM130 bln) from 180 bln renminbi (RM110 bln) | PM Anwar directs Felda management to submit report on proposed sale of the agency’s loss-making hotels | Govt to continue efforts to increase defence allocation in Budget 2027, strengthen MAF readiness - PM Anwar | Government approves RM147,000 contribution to Armed Forces Family Welfare Association - PM Anwar | New promotion system for Armed Forces, police personnel to be announced at Merdeka Eve celebrations on Aug 30 - PM Anwar | 

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Ringgit Closes Lower As West Asia Developments Weigh On Sentiment

By Abdul Hamid A Rahman

KUALA LUMPUR, July 17 (Bernama) -- The ringgit ended the final trading day of the week lower against the US dollar as escalating developments in West Asia weighed on market sentiment.

Bursa Malaysia Higher At Close On Foreign Fund Inflows, Second Quarter GDP

By Siti Noor Afera Abu

KUALA LUMPUR, July 17 (Bernama) -- Bursa Malaysia’s key index closed higher on Friday, supported by sustained foreign fund inflows and improving domestic macroeconomic fundamentals.

Rubber Market Ends Mixed On Regional Futures Performance, Supply Concerns

KUALA LUMPUR, July 17 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Friday, tracking regional rubber futures markets and ongoing expectations of ample natural rubber supply from major producer Thailand during the peak tapping season, a dealer said.

AI Leadership Requires Capability, Continuous Innovation -- YTL

KUALA LUMPUR, July 17 (Bernama) -- Countries seeking leadership in artificial intelligence (AI) must build domestic capabilities across the AI ecosystem rather than rely on technologies developed elsewhere, YTL Power International Bhd managing director Datuk Seri Yeoh Seok Hong said.

Malaysia Well Positioned To Lead ASEAN EV Growth -- BMI

KUALA LUMPUR, July 17 (Bernama) -- Malaysia is well positioned to lead electric vehicle (EV) demand growth outside ASEAN's two dominant EV markets, Vietnam and Thailand, underpinned by its affluent consumer base and improving EV competitiveness, according to BMI.

Malaysia's Ports To Benefit From Supply Chain Shifts, Green Bunkering Push - AmBank

KUALA LUMPUR, July 17 (Bernama) -- Malaysia's port operators are poised to benefit from trade rerouting and increased transhipment activity despite elevated logistics costs, said AmBank (M) Bhd chief economist Firdaos Rosli.

Univar Solutions Named Among Newsweek's World's Greenest Companies 2026

KUALA LUMPUR, July 17 (Bernama) -- Univar Solutions LLC (Univar Solutions), a global solutions provider of speciality ingredients and chemicals, has been named one of the World’s Greenest Companies 2026 by Newsweek and Plant-A Insights Group.

CIMB Securities Stays Bullish On Westports, Sees Stronger Container Volumes In 2026

KUALA LUMPUR, July 17 (Bernama) -- CIMB Securities Sdn Bhd has maintained its “overweight” call on the transport sector, with Westports Holdings Bhd remaining its top pick.

Alipay+ Transaction Value In Malaysia Surges To RM824 Mln In 2025 -- MOF

KUALA LUMPUR, July 17 (Bernama) -- The value of QR payment transactions by foreign tourists through the Alipay+ ecosystem in Malaysia recorded a significant increase of 89.6 per cent to RM824 million in 2025 compared with RM435 million in the previous year.

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

iFAST Global Bank Adds China QR Payment Support

KUALA LUMPUR, July 17 (Bernama) -- iFAST Global Bank has expanded its Worldwide Scan & Pay service to support QR code payments in China, allowing customers to make cross-border transactions through Alipay+, the unified wallet gateway of Ant International.

Malaysia's Automotive TIV Seen At 790,000 Units In 2026 - Kenanga IB

KUALA LUMPUR, July 17 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) projects the total industry volume (TIV) for the Malaysian automotive industry to reach 790,000 units in calendar year 2026 (CY2026).