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ECRL Expected To Contribute Up To RM90 Bln To GDP By 2047

By Anis Nabilla Md Wazilah

KUANTAN, July 21 (Bernama) -- The East Coast Rail Link (ECRL) project is projected to generate RM80 to RM90 billion in cumulative value added contribution to the country’s gross domestic product (GDP) by 2047. 

Economy Ministry Drafting Legislative Framework To Curb Rent-Seeking Practices

PUTRAJAYA, July 21 (Bernama) -- The Economy Ministry is detailing a proposed legislative framework to curb rent-seeking practices, including assessing the need to enact new laws or improve existing provisions.

New Smart Manufacturing Scheme To Give SMEs, Mid-tier Firms Greater Access To Capital

KUALA LUMPUR, July 21 (Bernama) -- The Investment, Trade and Industry Ministry (MITI) and the Securities Commission Malaysia (SC) have introduced the Smart Manufacturing scheme to facilitate greater access to capital and support the business growth of small and medium enterprises (SMEs) and mid-tier companies (MTCs) in strategic sectors.

Bursa Malaysia Ends Lower On Profit-Taking Despite Positive Market Breadth

KUALA LUMPUR, July 21 (Bernama) -- Bursa Malaysia’s key index closed marginally lower on Tuesday, weighed down by continued profit-taking, although the positive market breadth indicated that selective buying interest remained intact.

74 Pct Of Malaysians Use AI For Shopping, But Many Hesitate Over AI-completed Purchases – Adyen

KUALA LUMPUR, July 21 (Bernama) -- About 74 per cent of Malaysians use artificial intelligence (AI) to support their shopping, but 52 per cent remain uncomfortable allowing the technology to complete purchases on their behalf, according to a survey published by financial technology (fintech) platform Adyen. 

PCEB Partners With Six Institutions To Strengthen Business Events Talent

GEORGE TOWN, July 21 (Bernama) – The Penang Convention & Exhibition Bureau (PCEB) today formalised its strategic partnership with six institutions of higher learning to strengthen the talent pipeline for Malaysia’s business events industry.

Agrobank Launches First Shariah-Compliant Financing For Paddy Farmers

KOTA KINABALU, July 21 (Bernama) -- Agrobank has introduced a shariah-compliant financing facility specifically designed to help paddy farmers nationwide finance their paddy cultivation operating costs in a more systematic, sustainable and inclusive manner.

OCBC Malaysia Wins FinanceAsia SME Bank Award For Third Year

KUALA LUMPUR, July 21 (Bernama) -- OCBC Bank (Malaysia) Bhd (OCBC Malaysia) was named Best Bank for small and medium-sized enterprises (SMEs) in the Malaysia international category at the FinanceAsia Awards 2026, marking its third consecutive win.

Dewan Rakyat Passes KWAN 2026, Statistics 2026 Bills To Strengthen Governance, Modernise Legal Framework

KUALA LUMPUR, July 21 (Bernama) -- The Dewan Rakyat sitting, which was adjourned on July 16, 2026, saw the passage of the National Trust Fund (KWAN) Bill 2026 and the Statistics Bill 2026, aimed at strengthening more disciplined withdrawals and clearer governance, as well as establishing a more modern and comprehensive legal framework.

Malaysia’s 2026 TIV Forecast Revised Up To 800,000 Units On Stronger Demand -- MAA

KUALA LUMPUR, July 21 (Bernama) -- Malaysia’s total industry volume (TIV) is now projected to reach 800,000 units in 2026, up from the earlier forecast of 790,000 units, driven by stronger-than-expected demand, according to the Malaysian Automotive Association (MAA).

RISDA Strengthens Efforts To Boost Rubber Productivity, Reduce Production Costs Amid Global Uncertainties

KUALA LUMPUR, July 21 (Bernama) -- The Ministry of Rural and Regional Development (KKDW), through the Rubber Industry Smallholders Development Authority (RISDA), will continue to strengthen efforts to increase rubber plantation productivity, reduce production costs, enhance marketing efficiency and promote income diversification for smallholders.

HLIB Optimistic On Sunway Property’s Bayshore Drive Development In Singapore

KUALA LUMPUR, July 21 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) viewed Sunway Property Bhd’s project in Bayshore Drive, Singapore positively given the attractive acquisition price.