MBI Wants Malaysia, Indonesia To Emerge As Major Integrated Circuit Producers

From Harizah Hanim Mohamed

BANDUNG, July 10 (Bernama) --  Menteri Besar Selangor Incorporated (MBI) wants to see the semiconductor industry in Malaysia and Indonesia grow more rapidly, with both countries developing into major producers of integrated circuits (ICs), said group chief executive officer Datuk Saipolyazan M Yusop.

Ringgit Opens Slightly Higher Vs Greenback Amid Strait Of Hormuz Tension

KUALA LUMPUR, July 10 (Bernama) -- The ringgit opened slightly higher against the US dollar on Friday amid continued caution over vessel movements in the Strait of Hormuz as investors monitored geopolitical tension.

Malaysia's Economy Seen Growing 4.7 Pct In 2026 On Data Centre, Tech Cycle -- IMF

KUALA LUMPUR, July 9 (Bernama) -- Malaysia’s economy is projected to grow at a rate of 4.7 per cent in 2026, benefiting from data centre activity and the upturn in the global technology cycle, according to the International Monetary Fund (IMF). 

MBSB IB Upgrades GDP Forecast, Sees OPR Remaining At 2.75 Pct

KUALA LUMPUR, July 9 (Bernama) -- MBSB Investment Bank Bhd (MBSB IB) has revised up its 2026 gross domestic product (GDP) growth forecast to 4.5 per cent, underpinned by steady economic growth and well-contained inflation.

AIA Malaysia Marks 10th Year Milestone As Million Dollar Round Table Insurer

KUALA LUMPUR, July 9 (Bernama) -- Insurance and takaful provider AIA Malaysia has secured the top position in the Million Dollar Round Table (MDRT) rankings in Malaysia for the 10th time, recording a total of 827 MDRT qualifiers, including 19 Top of the Table (TOT) and 67 Court of the Table (COT) members.  

Structural Reforms Increasingly Key To Malaysia’s Growth As BNM Maintains OPR

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, July 9 (Bernama) -- Bank Negara Malaysia’s (BNM) decision to maintain the overnight policy rate (OPR) highlights the growing importance of structural reforms and investment policies in driving Malaysia's long-term growth, with monetary policy providing a stable backdrop for economic expansion, according to an economist.

Bursa Malaysia Closes Lower Amid Renewed West Asia Tensions

By Danni Haizal Danial Donald

KUALA LUMPUR, July 9 (Bernama) -- Bursa Malaysia closed lower on Thursday as renewed geopolitical tensions in West Asia weighed on investor sentiment.

MIDA, Perodua Organise ESG Awareness Session For Local Automotive Vendors

KUALA LUMPUR, July 9 (Bernama) -- The Malaysian Investment Development Authority (MIDA) and Perusahaan Otomobil Kedua Sdn Bhd (Perodua) today organised an Environmental, Social and Governance (ESG) Awareness Session for local automotive vendors.

Bank Negara Maintains OPR At 2.75 Pct

KUALA LUMPUR, July 9 (Bernama) -- Bank Negara Malaysia (BNM) has maintained its Overnight Policy Rate (OPR) at 2.75 per cent today, for the seventh consecutive period.

AEON Credit Service's Net Profit Higher At RM95.16 Mln In 1QFY2027

KUALA LUMPUR, July 9 (Bernama) -- AEON Credit Service (M) Bhd’s net profit for the first quarter ended May 31, 2026 for the financial year (FY) 2027 (1QFY2027) rose to RM95.16 million from RM77.54 million in 1QFY2026. 

Abaxx Approves CIX As Custodian For Carbon Futures Contract

KUALA LUMPUR, July 9 (Bernama) -- Abaxx Technologies Inc announced that Climate Impact X (CIX), a global environmental markets exchange, has been approved as an eligible custodian for Abaxx Exchange’s carbon futures contracts.

MATRADE Invites Malaysian Firms To Join INSP MIHAS 2026, Targets Rm2 Bln Export Sales

KUALA LUMPUR, July 8 (Bernama) -- The Malaysia External Trade Development Corporation (MATRADE) is inviting Malaysian companies to register for the International Sourcing Programme (INSP), to be held alongside the 22nd Malaysia International Halal Showcase (MIHAS) 2026.