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SERENDAH, July 7 (Bernama) -- The government is revamping the New Customised Incentive Mechanism (NCM) for the automotive industry, intending to implement it next year after completing consultations with the relevant ministries, agencies, and industry players.
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KUALA LUMPUR, July 7 (Bernama) -- Leading power infrastructure solutions provider Tamco and global solar and energy storage innovator Hoymiles formed a strategic partnership today to support the development of Malaysia’s future energy infrastructure, bringing together global energy storage technologies with local industrial expertise.
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By Danni Haizal Danial Donald
KUALA LUMPUR, July 7 (Bernama) -- Bursa Malaysia ended marginally lower on Tuesday as investors engaged in mild profit-taking following the recent rebound in the local market, in line with softer performances across regional markets.
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By Siti Radziah Hamzah
KUALA LUMPUR, July 7 (Bernama) -- Asia Pacific (APAC) offshore spending remains broadly stable post-West Asia conflict, with Southeast Asia (SEA) estimated to see a 12 per cent increase in greenfield capital expenditure (capex) to more than US$100 billion (US$1 = RM4.08), reflecting stronger prioritisation of new offshore developments, said Hong Leong Investment Bank Bhd (HLIB) today.
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KUALA LUMPUR, July 7 (Bernama) -- Bank Negara Malaysia's (BNM) international reserves stood at US$132.6 billion as at June 30, 2026, more than the US$130.5 billion recorded as at June 15, 2026.
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KUALA LUMPUR, July 7 (Bernama) -- Stronger realisation of operating expenditure (opex) savings is expected to drive CelcomDigi Bhd's earnings growth of 18.4 per cent in the financial year ending 2027 (FY2027), as integration synergies gain momentum after the completion of its information technology (IT) platform upgrade.
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KUALA LUMPUR, July 7 (Bernama) -- Crude palm oil (CPO) prices are expected to remain elevated in the second half of 2026 (2H 2026) and peak in the first half of 2027 (1H 2027), driven by a very strong El Nino expected to hit Southeast Asia later this year.
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By Nik Nurfaqih Nik Wil
JAKARTA, July 6 (Bernama) -- Indonesia's Carbon Economic Value (NEK) instrument is projected to attract up to US$5.8 billion (US$1=RM4.08) in green investment while reducing greenhouse gas emissions by an estimated 570 million tonnes of carbon dioxide (CO2) equivalent.
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KUALA LUMPUR, July 6 (Bernama) -- Malaysia's gross domestic product (GDP) is projected to grow 4.7 per cent in 2026, with a modest upside bias, supported by stronger-than-expected export performance, resilient domestic demand and easing external risks, according to RHB Investment Bank Bhd (RHB IB).
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By Abdul Hamid A Rahman
KUALA LUMPUR, July 6 (Bernama) -- Bursa Malaysia ended higher on Monday, supported by renewed buying interest in banking and plantation counters.
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ALOR GAJAH, July 6 (Bernama) -- The RM300 million Melaka Inland Port (MIP) project is expected to be a catalyst for the state’s economic growth by bolstering the logistics and trade sectors and supporting the state government’s aspiration to reach RM10 billion in investments by 2030.
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By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, July 6 (Bernama) -- Digital financial management could become an important enabler of Malaysia’s food security agenda by strengthening the financial resilience of paddy farmers, supporting productivity improvements and ensuring more sustainable domestic rice production.