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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.

Mavenir’s Cloud-Native IMS And Voice Services Rated Very Strong By GlobalData

KUALA LUMPUR, July 23 (Bernama) -- Software company Mavenir announced that its MAVcore Cloud-Native IMS and Voice Services received a Very Strong rating in GlobalData’s 2026 IMS and Voice Core: Competitive Landscape Assessment.

CGC Digital, Credit Bureau Malaysia Sign MoU To Help MSMEs Improve Their Credit Standing

KUALA LUMPUR, July 23 (Bernama) -- CGC Digital and Credit Bureau Malaysia (CBM) have signed a memorandum of understanding (MoU) to help more Malaysian micro, small and medium enterprises (MSMEs) better understand their credit standing and improve their position to access financing.

Egg Medical Supports New Radiation Safety Consensus Statement 

KUALA LUMPUR, July 23 (Bernama) -- Egg Medical, a global radiation protection company, has announced its support for a landmark expert consensus statement published in the Journal of the Society for Cardiovascular Angiography & Interventions (JSCAI).

Mongolian Mining Boosts Second Quarter Coal, Gold Output

KUALA LUMPUR, July 23 (Bernama) -- Mongolian Mining Corporation reported stronger operational performance for the second quarter ended June 30, 2026, with washed coking coal production rising 29 per cent year-on-year to 2,814.1 thousand tonnes (kt).

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.

MBSB Group Divests 100 Pct Stake In MIDF Amanah Asset Management

KUALA LUMPUR, July 23 (Bernama) -- MBSB Bhd via its wholly owned subsidiary Malaysian Industrial Development Finance Bhd has divested its 100 per cent equity interest in MIDF Amanah Asset Management Bhd (MAAM) to Tortoise Works Sdn Bhd.

AirBorneo Sees Strong Demand For Its First International Route From Kuching To Singapore 

SINGAPORE, July 23 (Bernama) -- Sarawak state-owned airline AirBorneo Airways expects strong demand for its newly launched first international route between Kuching and Singapore, following the inaugural flight on July 22.

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.

Westports Net Profit Rises To RM360.90 Mln In 2Q 2026, Declares 2.99 Sen Interim Dividend

KUALA LUMPUR, July 23 (Bernama) -- Westports Holdings Bhd’s net profit for the second quarter ended June 30, 2026 (2Q 2026) rose to RM360.90 million from RM231.63 million in the same quarter a year ago. 

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.