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Monetary Authority Of Singapore Posts S$20 Bln FY2025/26 Net Profit On Strong Investment Gains

By Anas Abu Hassan

SINGAPORE, July 28 (Bernama) -- The Monetary Authority of Singapore (MAS) recorded a net profit of S$20.0 billion (S$1=RM3.16) for the financial year ended March 31, 2026 (FY2025/26), driven by strong investment gains.

454 Students Graduate From Sidec's ASEM Semiconductor Programme

KUALA LUMPUR, July 28 (Bernama) -- A total of 454 students have graduated from the Advanced Semiconductor Academy Malaysia (ASEM) semiconductor programme run by the Selangor Information Technology and Digital Economy Corporation (Sidec).

Gold Futures Track COMEX To Close Lower

KUALA LUMPUR, July 28 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended lower today, tracking losses on the US Commodity Exchange (COMEX).

Pay Growth Lags Productivity, Wage-Setting System Needs Review — BNM Deputy Governor

KUALA LUMPUR, July 28 (Bernama) -- Bank Negara Malaysia (BNM) sees the country’s wage growth has lagged productivity growth and believes there is a need to review its wage-setting system, particularly how adjustments to the minimum wage translate into wages at higher levels.

Delta Electronics Expands Malaysia Footprint With New Johor Bahru Office

JOHOR BAHRU, July 28 (Bernama) -- Taiwan’s Delta Electronics Inc, a power management and smart green solutions company, is strengthening its presence in Malaysia with the opening of a new office in Johor Bahru, located at the Southern Industrial and Logistics Clusters (SiLC) in Iskandar Puteri.

Ringgit Higher Against Major Currencies, Eases Against Greenback At Close

By Abdul Hamid A Rahman

KUALA LUMPUR, July 28 (Bernama) -- The ringgit closed higher against most major currencies but eased against the greenback on Tuesday amid cautious investor sentiment ahead of the US Federal Reserve’s (Fed) interest rate decision later this week.

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.

Vaseehar Hassan Appointed AmanahRaya Chairman

KUALA LUMPUR, July 28 (Bernama) -- Amanah Raya Bhd (AmanahRaya) has appointed Datuk Seri Dr Vaseehar Hassan Abdul Razack as its chairman.

Univar Solutions Acquires Interpur Chemicals To Expand EMEA Reach

KUALA LUMPUR, July 28 (Bernama) -- Univar Solutions LLC (Univar Solutions) has acquired Interpur Chemicals, a distributor of polyurethanes and powder coatings in Europe, expanding its Performance Materials business and regional capabilities across Europe, the Middle East, and Africa (EMEA).

Rubber Market Ends Mixed On Weaker Crude Oil Prices, US-China Trade Tensions

By K. Naveen Prabu

KUALA LUMPUR, July 28 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Tuesday, tracking weaker crude oil prices, a dealer said.

Hotel Okura To Open Luxury Cappadocia Resort In 2028

KUALA LUMPUR, July 28 (Bernama) -- Hotel Okura Co Ltd, a global Japanese hotel operator, has announced that the Hotel Okura Thermal Resort & Spa Cappadocia is scheduled to open in 2028 in the historic village of Mustafapaşa in the Cappadocia region of Türkiye.

Chery Auto Surpasses 20 Million Global Sales

KUALA LUMPUR, July 28 (Bernama) -- Global automotive manufacturer, Chery Automobile Co Ltd (Chery Auto) announced that its cumulative global sales had surpassed 20 million units, marking another milestone in the company's global expansion.