LATEST NEWS   F1: International Federation of Automobile (FIA) waives USD1 million initial registration fee for Malaysia to host F1 Grand Prix - PM Anwar | Peace and excellent record in hosting international programmes are factors in Malaysia being chosen to host F1 race - PM Anwar | Sultan Nazrin proposes Global Waqf Governance framework as common, voluntarily adoptable set of core principles that any waqf institution can use | Sultan Nazrin calls for wider adoption of digital cash-waqf platforms for transparency | The Statistics Bill 2026 is expected to be gazetted by end-2026, the Department of Statistics Malaysia will be renamed Department of Statistics when the act comes into force -- Akmal Nasrullah | 

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Asset Recovery Trust Account Funds Used To Repay 1MDB, SRC Debts - MoF

KUALA LUMPUR, July 16 (Bernama) -- The government stresses that the use of Asset Recovery Trust Account funds is made in accordance with the approved Trust Directive and only for authorised purposes, including to cover operating costs and repay 1Malaysia Development Bhd (1MDB) and SRC International Sdn Bhd debts. 

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.

Jabil Opens Intelligent Logistics Hub In Penang

KUALA LUMPUR, July 16 (Bernama) -- Jabil Inc, a global leader in engineering, supply chain and manufacturing solutions, has opened its next-generation logistics hub in Penang to strengthen supply chain resilience.

Malaysia's Consumer Spending To Grow In 2026 - BMI

KUALA LUMPUR, July 16 (Bernama) -- Malaysia’s consumer spending is expected to grow in 2026, underpinned by stable economic growth and employment outlook, said BMI, a Fitch Solutions company.

Malaysia’s 2Q GDP Growth Expected To Moderate -- Economist

KUALA LUMPUR, July 15 (Bernama) -- Malaysia’s second quarter (2Q 2026) gross domestic product (GDP) growth is expected to moderate to 4.8-5.0 per cent from 5.4 per cent in 1Q 2026, an economist said.

Hold Multinational Military Stress Tests In Melaka Strait To Better Prepare For Geopolitical Crises - Analyst

KUALA LUMPUR, July 15 (Bernama) -- Countries bordering the Strait of Melaka must embark on a multinational defence cooperation by conducting stress tests and simulations in the strait to better prepare for potential geopolitical crises, an analyst said.

Ringgit Opens Higher Vs US Dollar Ahead Of 2Q GDP Estimate

KUALA LUMPUR, July 15 (Bernama) -- The ringgit opened higher against the US dollar on Wednesday as investors anticipated an upbeat advance estimate of Malaysia's second-quarter (2Q) gross domestic product (GDP), analysts said.

National Trust Fund Bill 2026 Tabled For First Reading In Dewan Rakyat

KUALA LUMPUR, July 14 (Bernama) -- The National Trust Fund Bill 2026, which aims to establish the National Trust Fund (KWAN) and incorporate the National Trust Fund (Incorporated) as the governing body to administer, manage and invest the fund, was tabled for the first reading in the Dewan Rakyat today.

Milux Proposes To Acquire 100 Pct Stake In Movon For RM150 Mln

KUALA LUMPUR, July 13 (Bernama) -- Home appliance distributor Milux Corporation Bhd has proposed to acquire a 100 per cent equity interest in Movon Sdn Bhd from Abletech Solutions Sdn Bhd (ASSB) and Datuk Dr Lim Jee Gin for RM150 million.

Govt To Study Proposals From Malaysian Plastics Manufacturers Association - Akmal Nasrullah

KUALA LUMPUR, July 13 (Bernama) -- The National Economic Action Council (NEAC) has taken note of several proposals submitted by the Malaysian Plastics Manufacturers Association (MPMA) and has decided that the Ministry of Investment, Trade and Industry (MITI) and the Economy Ministry should examine them.

Kuala Lumpur Rubber Ends Higher On China Demand, Oil Price Surge

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, July 13 (Bernama) -- The Kuala Lumpur rubber market closed higher on Monday, supported by stronger physical demand from China and higher crude oil prices, despite mixed regional rubber futures, a dealer said.

Shipping Recovery To Take Time As Malaysian Ports Prepare For Hormuz Backlog

By Harizah Hanim Mohamed

KUALA LUMPUR, July 13  (Bernama) – Ports, shipping lines and cargo owners are now confronting the formidable task of restoring global supply chains and clearing a backlog of vessels and cargo built up during months of conflict in and around the Strait of Hormuz, a process that industry players say could take weeks or even months.