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.

National Trust Fund Bill 2026 Passed In Dewan Rakyat

KUALA LUMPUR, July 16 (Bernama) -- The Dewan Rakyat today passed the National Trust Fund (KWAN) Bill 2026 which strengthens the legal basis of the fund through more consistent inflows, more disciplined disbursements and clearer governance and accountability.

Johor To Produce AI Cleaning Robots Under China Partnership

By Hasnah Jusid

KULAI, July 16 (Bernama) -- Johor is set to become the production base for artificial intelligence (AI)-powered cleaning robots under a technology transfer partnership between a local company and a Chinese robotics firm.

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.

KWAP Deceived On eFishery Investment, Fund Recovery Underway - MoF

KUALA LUMPUR, July 16 (Bernama)  -- The Ministry of Finance (MOF) has found that the Retirement Fund (Incorporated) (KWAP) was deceived about its investment in eFishery and that it was a well-planned fraud.

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.

Public, Businesses Must Be Prepared For Challenges Arising From Hormuz Closure -- Akmal Nasrullah

KUALA LUMPUR, July 15 (Bernama) -- The government is reminding the public and businesses not to become complacent or underestimate the economic and supply chain impacts following Iran's declaration of the renewed closure of the Strait of Hormuz.

Gold Futures Close Higher

KUALA LUMPUR, July 15 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed higher as investors turned to safe-haven assets, despite weaker prices on the US Commodity Exchange (COMEX).

Ringgit Ends Flat Against US Dollar

By Abdul Hamid A Rahman

KUALA LUMPUR, July 15 (Bernama) -- The ringgit ended virtually unchanged against the US dollar today as concerns over China’s weaker economic performance and renewed geopolitical tensions offset softer-than-expected US inflation data.

Rubber Market Ends Lower On Expectation Of Higher Supply From Thailand

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, July 15 (Bernama) -- The Kuala Lumpur rubber market closed lower on Wednesday, despite gains across regional rubber futures markets.