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KIP REIT Posts Higher FY2026 Net Profit Of RM145.30 Mln, Revenue At RM177.10 Mln

KUALA LUMPUR, July 23 (Bernama) -- KIP Real Estate Investment Trust's (KIP REIT) net profit rose to RM145.30 million in the financial year ended June 30, 2026 (FY2026) compared with RM115.14 million registered in the preceding year.

ITC Infotech Partners Google Cloud To Advance Agentic AI Transformation

KUALA LUMPUR, July 23 (Bernama) -- ITC Infotech, a technology services and solutions provider, has partnered with Google Cloud to accelerate its internal transformation into an agentic-first enterprise and drive AI-powered growth for its global customers.

National Petroleum Reserve Establishment Timely Amid Recurring Geopolitical Tensions - Analysts

By Siti Radziah Hamzah

KUALA LUMPUR, July 23 (Bernama) -- Malaysia’s move to study the establishment of a national petroleum reserve (NPR) is timely as recurring geopolitical tensions around key global shipping routes underscore the need to strengthen the country’s long-term energy resilience, said analysts.

Assessment Of Strategic Stockpile Needs Key To Extending National Petroleum Supply Resilience

KUALA LUMPUR, July 23 (Bernama) -- Measures to diversify supply sources and assess strategic stockpiling needs are crucial for extending the resilience of the country's petroleum supply beyond the current operational period, according to the Ministry of Economy.

Rubber Market Ends Higher On Gains In Regional Futures, Surge In Oil Prices

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, July 23 (Bernama) -- The Kuala Lumpur rubber market closed higher on Thursday, tracking gains in regional rubber futures markets and a surge in crude oil prices.

Diesel Subsidy Savings Channelled Back Into Targeted Assistance Programmes - MOF

KUALA LUMPUR, July 23 (Bernama) -- Savings generated from the targeted diesel subsidy mechanism are not being retained solely as a fiscal surplus, but are instead utilised to strengthen targeted assistance programmes, according to the Ministry of Finance (MOF).

Strengthening Of Ringgit Reflects Strong Economic Fundamentals

KUALA LUMPUR, July 23 (Bernama) -- The strengthening of the ringgit to RM4.0905 on July 20, 2026, reflects strong economic fundamentals, supported by resilient export performance and a sustained trade surplus, according to the Ministry of Economy.

AME REIT To Acquire RM50.2 Mln Johor Industrial Land In Maiden Third-party Deal

KUALA LUMPUR, July 23 (Bernama) -- AME Real Estate Investment Trust (AME REIT) is acquiring three parcels of vacant freehold industrial land measuring a combined 3.59 hectares at i-Park @ Senai Airport City, Johor, for RM50.2 million, marking its first third-party acquisition since its listing.

SC, Hong Kong SFC Ink MoU To Facilitate Dual IPO Listings, Cross-border Investments

KUALA LUMPUR, July 23 (Bernama) -- The Securities Commission Malaysia (SC) and the Securities and Futures Commission of Hong Kong (SFC) today signed a memorandum of understanding (MoU) to establish a practical framework to facilitate dual initial public offering (IPO) listings, including primary and secondary listings, mutual recognition of investment funds, and expanded cross-border investment opportunities.

Bursa Malaysia Edges Higher At Mid-day Amid Firmer Crude Oil Prices

KUALA LUMPUR, July 23 (Bernama) -- Bursa Malaysia closed marginally higher at mid-day in subdued market sentiment, with buying interspersed with selling in selected heavyweight stocks, tracking gains in regional markets amid surging crude oil prices.

Accertify Study Links Fraud-Cyber Convergence To Better Business Outcomes

KUALA LUMPUR, July 23 (Bernama) -- Accertify, a fraud decisioning provider, has found that fraud-cyber convergence leads to better business outcomes, according to a proprietary study conducted in partnership with Liminal.

Maybank, CGIF Ink MoU To Strengthen ASEAN+3 Local Currency Capital Markets

KUALA LUMPUR, July 23 (Bernama) -- Maybank and Credit Guarantee and Investment Facility (CGIF) have signed a memorandum of understanding (MoU) to strengthen and deepen local currency capital markets in ASEAN+3 markets (Southeast Asia, China, Japan and South Korea).