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Orkim To Buy Oil & Chemical Tanker For RM94.88 Mln, Expands Fleet To 20 Vessels

KUALA LUMPUR, July 22 (Bernama) -- Orkim Bhd’s wholly-owned subsidiary, Orkim Ambition Sdn Bhd, has entered into a Memorandum of Agreement with ALLContinents International Shipping Ltd for the proposed acquisition of an IMO Type II oil/chemical tanker for 157 million renminbi (about RM94.88 million).

Oil Price Spike Splits Global Markets As AI And Chip Stocks Attract Investors -- Analyst

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, July 22 (Bernama) -- While the Brent crude oil price hike would harm the global market, some heavy indexes of artificial intelligence (AI) and semiconductor beneficiaries are still attracting flows, creating a sharp split beneath the surface, an analyst said.

MAHB Records 51 Mln Passenger Movements In 1H 2026, Driven By Strong International Travel Demand

KUALA LUMPUR, July 22 (Bernama) -- Malaysia Airports Holdings Bhd (MAHB) recorded 51 million passenger movements across its Malaysian airports in the first half of 2026 (1H 2026), up 1.8 per cent from a year earlier.

Kenanga IB, CGSI Expect Resilient Malaysia Automotive Sales In 2H2026 On EV, Hybrid Demand

KUALA LUMPUR, July 22 (Bernama) -- Malaysia's automotive sales are expected to remain resilient in the second half of 2026 (2H2026), supported by the introduction of more localised electric vehicle (EV) models and stronger demand for hybrid vehicles, fuelled by consumers' growing preference for new energy vehicles.

CPO Prices Seen Between RM4,400-RM4,650 Per Tonne In August -- MPOC

KUALA LUMPUR, July 22 (Bernama) -- Crude palm oil (CPO) prices are expected to trade between RM4,400 and RM4,650 per tonne in August, supported by Indonesia’s B50 biodiesel implementation from July, firmer energy markets and improved biodiesel economics.

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).

West Asia Conflict Could Add RM1.1 Bln To Construction Diesel Bill In 2026 - Juwai IQI

KUALA LUMPUR, July 21 (Bernama) -- The West Asia conflict could add RM1.1 billion to the construction industry’s diesel bill in 2026, given the higher average diesel price since the turmoil began, Juwai IQI co-founder and group chief executive officer Kashif Ansari said today.

AirBorneo Adopts 'Sarawak Model' To Keep Fares Affordable Despite Rising Costs -- Abang Johari

SEPANG, July 20 (Bernama) -- Sarawak's state-owned airline AirBorneo will operate under a unique “Sarawak model” that combines government support with commercial operations to ensure affordable airfares while maintaining long-term sustainability, according to Premier Tan Sri Abang Johari Tun Openg.

Rubber Market Ends Higher Amid Gains In Regional Futures

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, July 20 (Bernama) -- The Kuala Lumpur rubber market ended higher on Monday, supported by gains in regional rubber futures markets, firmer benchmark crude oil prices and a weaker ringgit against the US dollar, said a dealer.

Malakoff Leverages Innovation To Strengthen Energy Security, Reduce Carbon Emissions

KUALA LUMPUR, July 20 (Bernama) -- Energy security remains a cornerstone of Malaysia’s transition to a low-carbon future, with innovation playing a critical role in ensuring a reliable and sustainable electricity supply for households, businesses and industries.

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.

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.