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Govt Aligns Investment Direction Of GLICs, Public Funds Through GEAR-uP, MOF Inc

KUALA LUMPUR, July 22 (Bernama) -- The government is aligning the investment direction of government-linked investment companies (GLICs) and public funds through a clear national development policy, the Government-linked Enterprises Activation and Reform Programme (GEAR-uP) mechanism, and the strategic role of the Minister of Finance Incorporated (MOF Inc).

Sim Calls On Manufacturers, Industry Players To Reinvest Profits In R&D

GEORGE TOWN, July 22 (Bernama) -- Factories and industry players, particularly in the electrical and electronics (E&E) sector, are advised to capitalise on the country's strong trade performance this year by reinvesting profits into research and development (R&D), automation, and talent development to enhance long-term competitiveness.

eXp Realty To Hold First Spanish-Language eXpcon

KUALA LUMPUR, July 22 (Bernama) -- eXp Realty will hold its first eXpcon in Latin America in Medellín, Colombia, from April 6 to 8, 2027, marking the company's first conference in the region to be conducted entirely in Spanish.

RON95, Diesel Subsidies Projected To Reach RM3.5 Bln Per Month If Oil Remains At US$90 A Barrel

KUALA LUMPUR, July 22 (Bernama) -- The government estimates that the RON95 petrol subsidy will reach approximately RM2 billion per month, while the diesel subsidy will amount to about RM1.5 billion per month, if crude oil prices remain at around US$90 per barrel based on current projections.

Pernas To Debut Bizfrancais At PIHEX 2026

GEORGE TOWN, July 22 (Bernama) – Perbadanan Nasional Bhd (Pernas) will introduce Bizfrancais at the Penang International Halal Expo (PIHEX) 2026 as a strategic platform to expand halal and shariah-compliant franchise business opportunities for local entrepreneurs.

CPO Prices Seen Between RM4,400-RM4,650 Per Tonne In August -- MPOC

KUALA LUMPUR, July 22 (Bernama) -- Crude palm oil (CPO) prices are expected to trade between RM4,400 and RM4,650 per tonne in August, supported by Indonesia’s B50 biodiesel implementation from July, firmer energy markets and improved biodiesel economics.

ECRL Has Potential To Expand Entrepreneurs' Market Access, Boost East Coast Growth

By Anis Nabilla Md Wazilah

KUANTAN, July 22 (Bernama) -- The East Coast Rail Link (ECRL) project is expected to greatly benefit entrepreneurs in expanding their markets as well as strengthening economic growth, particularly in the East Coast.

Malaysia-Thailand BEZ To Boost Trade, Cut Logistics Costs -- Economists

By Siti Noor Afera Abu

KUALA LUMPUR, July 22 (Bernama) -- The proposed Malaysia-Thailand border economic zone (BEZ) could significantly strengthen bilateral trade and regional economic development, with improved border infrastructure expected to lower logistics costs, enhance supply chain efficiency and attract more investments, an economist said.

AM Best Assigns Stable Outlook To Philippines' MAAGAP

KUALA LUMPUR, July 22 (Bernama) -- Global credit rating agency, AM Best has assigned a financial strength rating of B+ (Good), a long-term issuer credit rating of “bbb-” (Good) and a Philippines National Scale Rating of aa.PH (Superior) to MAAGAP Insurance Inc (MAAGAP).

Ringgit Opens Higher Against Major Currencies, Flat vs US Dollar

By Engku Shariful Azni Engku Ab Latif and Nur Athirah Mohd Shaharuddin 

KUALA LUMPUR, July 22 (Bernama) -- The ringgit opened higher against major currencies on Wednesday but was almost flat against the US dollar as traders adopted a cautious stance amid uncertainties over the conflict in West Asia.

MDEC Takes Immediate Action To Revoke Malaysia Digital Status of Network School Operator

KUALA LUMPUR, July 21 (Bernama) -- The Malaysia Digital Economy Corporation (MDEC) is taking immediate steps to revoke the Malaysia Digital status of NSO Malaysia Sdn Bhd.

Global Growth Faces Slowdown Amid Trade Barriers, Supply Chain Risks - Nurhisham

IPOH, July 21 (Bernama) -- Global economic growth could slow to near zero over the next century as rising trade barriers, intensifying geopolitical competition and supply chain disruptions reshape the global economy, Economic Adviser to the Prime Minister's Office Nurhisham Hussein said.