Malaysia's Consumer Spending To Grow In 2026 - BMI
KUALA LUMPUR, July 16 (Bernama) -- Malaysia’s consumer spending is expected to grow in 2026, underpinned by stable economic growth and employment outlook, said BMI, a Fitch Solutions company.
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Gamuda Shares Rise On Penang-Perak Water Supply Deal
KUALA LUMPUR, July 16 (Bernama) -- Gamuda Bhd’s shares rose 1.44 per cent in early trade on Thursday after its joint venture signed a bulk water supply agreement with Perbadanan Bekalan Air Pulau Pinang Sdn Bhd (PBAPP).
Cagamas Completes Malaysia’s First MYOR-i Referenced Sukuk, IPRS Transactions
KUALA LUMPUR, July 16 (Bernama) -- Cagamas Bhd has successfully executed Malaysia’s first Malaysia Islamic Overnight Rate (MYOR-i)-referenced Islamic Medium Term Notes (sukuk) and Islamic Profit Rate Swap (IPRS) transactions, comprising a RM300 million one-year MYOR-i sukuk and a RM100 million five-year MYOR-i IPRS.
KLCI Futures Open Higher
KUALA LUMPUR, July 16 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contracts opened higher on Bursa Malaysia Derivatives on Thursday.
Short-term Rates Set To Remain Stable On BNM Operations
KUALA LUMPUR, July 16 (Bernama) -- Short-term rates are expected to remain stable today, supported by Bank Negara Malaysia’s operations to absorb excess liquidity in the financial system.
Bursa Malaysia Opens Higher, Tracking Wall Street Gains
KUALA LUMPUR, July 16 (Bernama) -- Bursa Malaysia rebounded to open higher on Thursday, tracking Wall Street's overnight gains as easing US inflationary pressures lifted global risk sentiment.
Ringgit Rises As Soft US Data Weighs On Greenback
KUALA LUMPUR, July 16 (Bernama) -- The ringgit extended its gains against the US dollar at Thursday's opening, supported by weaker-than-expected US economic data, an analyst said.
MoF: No Plans To Implement A Wealth Tax For Now
KUALA LUMPUR, July 15 (Bernama) -- The government has no plans at present to implement a two per cent wealth tax on wealthy individuals to help finance government expenditure, said the Finance Ministry (MoF).
Govt Refunded RM14.7 Bln Excess Taxes As Of June 30 2026 -- MoF
KUALA LUMPUR, July 15 (Bernama) — The government has refunded RM14.7 billion in excess tax payments involving 3.17 million taxpayer cases as of June 30, 2026, according to the Ministry of Finance (MoF).
Federal Govt's Statutory Debt Remains Under 65 Pct Limit As Of End-march 2026 -- MoF
KUALA LUMPUR, July 15 (Bernama) --The Federal Government's statutory debt stood at 61.9 per cent of gross domestic product (GDP) as of end-March 2026, still below the statutory limit of 65 per cent, according to the Finance Ministry (MoF).
Active BNPL Account Holders Reach 8 Mln In 1Q 2026
KUALA LUMPUR, July 15 (Bernama) — The number of active Buy Now, Pay Later (BNPL) account holders has risen to eight million in the first quarter of 2026, according to the Ministry of Finance (MoF).
Public, Businesses Must Be Prepared For Challenges Arising From Hormuz Closure -- Akmal Nasrullah
KUALA LUMPUR, July 15 (Bernama) -- The government is reminding the public and businesses not to become complacent or underestimate the economic and supply chain impacts following Iran's declaration of the renewed closure of the Strait of Hormuz.