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MBSB Bank, NCIA Ink MoU To Provide Up To RM1 Bln Financing For SMEs

PETALING JAYA, July 17 (Bernama) -- MBSB Bank Bhd today signed a memorandum of understanding (MoU) with the Northern Corridor Implementation Authority (NCIA) to accelerate economic growth across the Northern Corridor Economic Region (NCER) with financing facilities of up to RM1 billion. 

AI Leadership Requires Capability, Continuous Innovation -- YTL

KUALA LUMPUR, July 17 (Bernama) -- Countries seeking leadership in artificial intelligence (AI) must build domestic capabilities across the AI ecosystem rather than rely on technologies developed elsewhere, YTL Power International Bhd managing director Datuk Seri Yeoh Seok Hong said.

Malaysia Well Positioned To Lead ASEAN EV Growth -- BMI

KUALA LUMPUR, July 17 (Bernama) -- Malaysia is well positioned to lead electric vehicle (EV) demand growth outside ASEAN's two dominant EV markets, Vietnam and Thailand, underpinned by its affluent consumer base and improving EV competitiveness, according to BMI.

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.

Stronger Revenue Gives Malaysia Fiscal Room To Cushion External Shocks -- AmBank Economist

KUALA LUMPUR, July 17 (Bernama) -- The government's stronger-than-expected revenue collection in the first five months of 2026 (5M2026) has created additional fiscal space to respond to emerging challenges, including rising global energy prices, said AmBank Group chief economist Firdaos Rosli.

Searah Malaysia Takes Over Production Sharing Contracts From Petronas Carigali

KUALA LUMPUR, July 17 (Bernama) -- Searah (Malaysia) Sdn Bhd, the Malaysian operating entity of Searah Ltd, has assumed operatorship of key production sharing contracts in Malaysia from Petronas Carigali Sdn Bhd effective July 1, 2026, after fulfilling all conditions precedent.

Second-quarter GDP Growth Of 5.8 Per Cent Shows Malaysia's Economy Remains Resilient -- Minister

CYBERJAYA, July 17 (Bernama) -- Malaysia's economy remained resilient as preliminary data from the Department of Statistics Malaysia (DOSM) showed that its gross domestic product (GDP) grew by 5.8 per cent in the second quarter of 2026.

Bioeconomy Corporation Helps Sarawak Firms Showcase Innovations At BIO Asia-Taiwan 2026

KUALA LUMPUR, July 17 (Bernama) -- The Malaysian Bioeconomy Development Corporation (Bioeconomy Corporation) has facilitated collaborations to help Sarawak’s bio-based firms penetrate regional and international markets through BIO Asia-Taiwan 2026.

iFAST Global Bank Adds China QR Payment Support

KUALA LUMPUR, July 17 (Bernama) -- iFAST Global Bank has expanded its Worldwide Scan & Pay service to support QR code payments in China, allowing customers to make cross-border transactions through Alipay+, the unified wallet gateway of Ant International.

LSS6 To Unlock RM13 Bln-RM15 Bln In Private Investments -- Kenanga IB

KUALA LUMPUR, July 17 (Bernama) -- The newly launched sixth cycle of the Large-Scale Solar programme (LSS6) is expected to unlock between RM13 billion and RM15 billion in private investments, as the tender quota has expanded to 2.65 gigawatts (GW) from the previous 2.0 GW.

Denodo Platform 9.5 Offers Active Context For Agentic AI, Analytics

KUALA LUMPUR, July 17 (Bernama) -- Denodo, an artificial intelligence (AI) data layer company, has announced the availability of Denodo Platform 9.5, advancing its role in providing active context for agentic AI, analytics, and self-service data delivery.

National Trust Fund Bill 2026 Strengthens Nation's Intergenerational Savings - MOF

PUTRAJAYA, July 17 (Bernama) -- The National Trust Fund Bill 2026, which was passed by the Dewan Rakyat yesterday, will strengthen the National Trust Fund (KWAN) as the country's intergenerational savings fund to ensure sustainable financial reserves for both present and future generations.