Malaysia Tourism Sector To Rev up For F1 Bahrain GP

KUALA LUMPUR, July 31 (Bernama) -- Malaysia’s tourist arrivals are expected to shift into high gear with the arrival of Formula One (F1) racing fans from all across the globe to attend the F1 Gulf Air Bahrain Grand Prix 2026 (Bahrain GP), to be held at the Sepang International Circuit (SIC) on Oct 2-4.

Bursa Malaysia Opens Mixed Amid Wall Street Gains, Geopolitical Concerns

KUALA LUMPUR, July 31 (Bernama) -- Bursa Malaysia opened mixed on Friday as gains on Wall Street, driven by robust US corporate earnings and a rally in chip stocks, were tempered by lingering geopolitical concerns.

Malaysia’s F1 Return Could Fuel Over RM1 Billion Economic Activity

KUALA LUMPUR, July 30 (Bernama) -- Malaysia's hosting of the Formula 1 Gulf Air Bahrain Grand Prix 2026 (Bahrain GP) could serve as a major economic catalyst by stimulating multiple sectors through higher expenditure by domestic and international visitors.

Govt To Refine Official Statistics For More Effective Policymaking – Mohd Shahar

KUALA LUMPUR, July 29 (Bernama) -- The government will continue to advance and refine the development of official statistics to support more accurate and effective policymaking, including through the production of more granular indicators, said Deputy Economy Minister Datuk Mohd Shahar Abdullah.

Bursa Malaysia Ends Slightly Lower On Caution Ahead of Fed Meeting, Tech Earnings

By Zufazlin Baharuddin and Fatin Umairah Abdul Hamid

KUALA LUMPUR, July 28 (Bernama) -- Bursa Malaysia closed marginally lower on Tuesday as investors turned cautious ahead of a busy week featuring the US Federal Reserve’s (Fed) policy meeting and earnings releases from major US technology companies.

Malaysia Needs Fresh Reform Momentum To Strengthen Fiscal Sustainability, Boost Productivity — OECD

PUTRAJAYA, July 28 (Bernama) -- Malaysia needs fresh reform momentum to strengthen fiscal sustainability, boost productivity and improve education to sustain strong and resilient economic growth, according to the Organisation for Economic Co-operation and Development (OECD).

OECD Maintains Malaysia's 2026 Growth Forecast At 5 Pct, Citing Economic Resilience

PUTRAJAYA, July 28 (Bernama) -- The Organisation for Economic Co-operation and Development (OECD) has forecast Malaysia’s economy to record solid growth of around five per cent on average this year and in 2027 despite global uncertainties.

Malaysia To Prioritise Higher Wages Before Broadening Tax Base, Says Economy Minister

PUTRAJAYA, July 28 (Bernama) -- Malaysia’s immediate priority right now is to raise people’s incomes and address the country’s structural wage issue before broadening the tax base, Economy Minister Akmal Nasrullah Mohd Nasir said.

Bank Muamalat Unveils Awwal Credit Card-i To Expand Access To Responsible Financing

KUALA LUMPUR, July 28 (Bernama) -- Bank Muamalat Malaysia Bhd has introduced the Awwal Credit Card-i, a Shariah-compliant credit card designed to provide consumers with more transparent, affordable and responsible financing.

MOF Moots QR SARA Usage At Tamu, Farmers' Markets

KUALA LUMPUR, July 27 (Bernama)  -- The government is studying the possibility of utilising Sumbangan Asas Rahmah (SARA) credit through quick response (QR) code payments at tamu markets and farmers’ markets, with a decision expected to be announced in Budget 2027 if deemed sustainable, according to the Ministry of Finance (MOF).

Ministry Of Economy Posts Fourth-Best Development Expenditure Performance, Eyes Top Three By Year-End

PUTRAJAYA, July 27 (Bernama) --  The Ministry of Economy recorded the fourth-best development expenditure performance among ministries as of July 21 after spending RM1.214 billion, or 57.42 percent, of its original 2026 development allocation of RM2.115 billion.

Malaysia On Track To Become A Top 12 Globally Competitive Economy - Mohd Shahar

KUALA LUMPUR, July 27 (Bernama) -- Malaysia is on track to achieve the target set under the 13th Malaysia Plan (13MP) of becoming among the top 12 economies in global competitiveness, according to Deputy Economy Minister Datuk Mohd Shahar Abdullah.