Gelam Tree And The Malaysian Economy

By M.Saraswathi

KUALA LUMPUR, July 29 (Bernama) -- Bank Negara Malaysia's annual Sasana Symposium took on a refreshingly different tone this year, with Governor Datuk Seri Abdul Rasheed Ghaffour departing from convention in his central bank address.

China's Midea, 99 Speedmart Collaborate To Expand Home Appliance Network

SHAH ALAM, July 29 (Bernama) -- China’s smart home appliance manufacturer Midea Group (Midea) and 99 Speed Mart Sdn Bhd (99 Speed Mart) today announced a strategic collaboration to expand the availability of quality, energy-efficient home appliances across more than 3,100 branches of the latter’s retail chain nationwide.

Bursa Malaysia's Key Index Slightly Higher At Midday

KUALA LUMPUR, July 29 (Bernama) -- Bursa Malaysia’s key index was slightly higher at midday, with buying interspersed with selling in selected heavyweights amid a mostly weaker regional performance.

Govt Saves RM5 Bln Through Expenditure Control Measures - Liew 

KUALA LUMPUR, July 29 (Bernama) -- The government has recorded nearly RM5 billion in savings as of July 14, 2026, from the implementation of expenditure control measures following the RM10 billion adjustment to the operating expenditure allocation for this year, said Deputy Finance Minister Liew Chin Tong.

Malaysia’s Nominal GDP At RM2.03 Trillion In 2025, Employees' Compensation Up 33.9 Pct -- DOSM

PUTRAJAYA, July 29 (Bernama) -- Malaysia’s nominal Gross Domestic Product (GDP) expanded 4.8 per cent to RM2.03 trillion in 2025 with Compensation of Employees (CE) accounting for 33.9 per cent of GDP, up from 33.6 per cent in 2024.

CAAM Gears Up For F1's Return

By Kisho Kumari Sucedaram

KUALA LUMPUR, July 29 (Bernama) -- The Civil Aviation Authority of Malaysia (CAAM) has called on all relevant stakeholders, including airport operators, airlines, ground handlers and relevant government agencies, to work closely to ensure the smooth handling of the Formula 1 (F1) Gulf Air Bahrain Grand Prix in Malaysia.

Nestle Malaysia Share Price Soars Following Higher 2Q Result

KUALA LUMPUR, July 29 (Bernama) -- Nestlé (Malaysia) Bhd’s share price rose after its net profit for the second quarter of the financial year ending Dec 31, 2026 (2Q 2026) rose to RM155.01 million from RM112.11 million a year earlier.

KLCI Futures Open Higher

KUALA LUMPUR, July 29 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contracts on Bursa Malaysia Derivatives opened higher on Wednesday.

Bursa Malaysia Opens Higher, Showing Resilience Despite Global Tech Rout

KUALA LUMPUR, July 29 (Bernama) -- Bursa Malaysia opened higher today showing resilience despite the global tech rout amid mixed Wall Street performance.

F1’s Return A Golden Opportunity To Rebuild Malaysia's Motorsports Ecosystem

By Siti Radziah Hamzah

KUALA LUMPUR, July 28 (Bernama) -- Formula One's (F1) return to the Sepang International Circuit (SIC) presents Malaysia with a golden opportunity to rebuild its motorsport ecosystem, according to Malaysia’s former F1 driver Alex Yoong.

Ringgit Opens Higher Vs Greenback On Improved Local Sentiment

KUALA LUMPUR, July 29 (Bernama) -- The ringgit opened higher against the US dollar today, as market sentiment was boosted by Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour’s positive remarks yesterday and expectations of a shift in the United States (US) Federal Reserve policy.

EPF Says Broader FBM KLCI Will Help Reduce Index Concentration In Banks

KUALA LUMPUR, July 28 (Bernama) — The work towards expanding the FTSE Bursa Malaysia KLCI Index (FBM KLCI) beyond its current 30 constituents will help reduce the banking sector's weighting in the benchmark index, said Employees Provident Fund (EPF) chief investment officer Mohamad Hafiz Kassim.