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Gamuda JV Signs 40-Year Bulk Water Supply Agreement With PBAPP

KUALA LUMPUR, July 15 (Bernama) -- Construction company Gamuda Bhd’s joint venture has entered into a bulk water supply agreement with Perbadanan Bekalan Air Pulau Pinang Sdn Bhd (PBAPP) to supply treated water to Penang from Perak under the Northern Perak Water Supply Scheme (NPWSS).

Siti Asiah Is Appointed Chief Statistician

PUTRAJAYA, July 15 (Bernama) – Department of Statistics Malaysia’s deputy chief statistician (economic programme) Siti Asiah Ahmad has been named chief statistician, effective today.

 

Fiscal Deficit Marginally Higher Despite More Allocated For Fuel Subsidy -- HLIB

KUALA LUMPUR, July 15 (Bernama) -- Malaysia is expected to keep its 2026 fiscal deficit broadly on track despite allocating an additional RM25 billion for fuel subsidies, with the deficit to come in at 3.6 per cent of gross domestic product (GDP).

Tafi's Unit Secures RM135 Mln Construction Contract

KUALA LUMPUR, July 15 (Bernama) – TAFI Industries Bhd’s wholly-owned subsidiary, TAFI Home & Office Sdn Bhd has accepted a letter of award from Armani KPF2 Development Sdn Bhd involving works on a mixed commercial development in Setia Alam, Selangor.

Bursa Malaysia Ends Lower, Weighed By Profit-taking In Banking, Energy Stocks

By Siti Noor Afera Abu

KUALA LUMPUR, July 15 (Bernama) -- Bursa Malaysia’s key index closed lower as investors locked in profits following three consecutive sessions of gains, with banking and oil and gas counters leading the decline.

HLIB Lifts Malaysia’s 2026 GDP Forecast To 4.7 Pct On Strong E&E Exports

KUALA LUMPUR, July 15 (Bernama) -- Stronger-than-expected electrical and electronics (E&E) exports and robust global semiconductor demand have prompted Hong Leong Investment Bank (HLIB) to raise Malaysia’s 2026 gross domestic product (GDP) growth forecast to 4.7 per cent from 4.5 per cent previously.

Ringgit To Outperform Regional Peers Despite Stronger Greenback -- Standard Chartered

KUALA LUMPUR, July 15 (Bernama) -- The Malaysian ringgit is expected to remain one of the region's better-performing currencies alongside the Singapore dollar, supported by solid economic fundamentals and impact of higher oil prices, even in a stronger US dollar environment, according to Standard Chartered Bank.

No Changes To Fiscal Projections Under Budget 2027 For Now -- Liew

KUALA LUMPUR, July 15 (Bernama) -- There is no need to review current projections under Budget 2027 based on the government’s fiscal performance for the first half of 2026, said Deputy Finance Minister Liew Chin Tong. 

Indonesia's External Debt Rises To US$444.4 Bln In May

JAKARTA, July 15 (Bernama) -- Indonesia's external debt rose to US$444.4 billion in May, with annual growth accelerating slightly to 2.1 per cent year-on-year (y-o-y) from 2.0 per cent in April, supported by continued expansion in public sector borrowing.

Bursa Malaysia Lower At Midday On Profit-Taking

KUALA LUMPUR, July 15 (Bernama) -- Bursa Malaysia trended lower at midday, weighed down by profit-taking, mainly in the banking and utilities counters. 

Malaysia Drives Global Sukuk Issuance Growth In 1H 2026 -- S&P

KUALA LUMPUR, July 15 (Bernama) -- Malaysia drove global sukuk issuance growth in the first half of 2026 (1H 2026), with strong local currency issuance offsetting weaker Gulf Cooperation Council (GCC) countries issuance, according to S&P Global Ratings.

Malaysia’s 2Q GDP Growth Expected To Moderate -- Economist

KUALA LUMPUR, July 15 (Bernama) -- Malaysia’s second quarter (2Q 2026) gross domestic product (GDP) growth is expected to moderate to 4.8-5.0 per cent from 5.4 per cent in 1Q 2026, an economist said.