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2018 Tabung Haji Bailout Averted Massive Deposit Withdrawal, Financial Market Crisis

KUALA LUMPUR, July 31 (Bernama) -- Lembaga Tabung Haji (TH) has described the recovery and restructuring plan implemented in 2018 as a necessary financial bailout to prevent the institution from becoming insolvent, saying that TH would have otherwise faced the risk of a massive deposit withdrawal that could trigger a financial market crisis and undermine the country's economic stability.

Ringgit Opens Higher As Weaker US Data Weighs On Dollar

KUALA LUMPUR, July 31 (Bernama) -- The ringgit opened higher against the US dollar on Friday as the greenback weakened following softer United States (US) economic data, an analyst said.

PETRA Monitors New Interconnection Projects, Including Sarawak-Peninsular Malaysia

KUALA LUMPUR, July 30 (Bernama) -- The Ministry of Energy Transition and Water Transformation (PETRA) is monitoring the implementation of several new interconnection projects, including the Sarawak-Peninsular Malaysia interconnection project with a capacity of up to 1,000MW.

Bursa Malaysia To Unveil 2027-2030 Strategic Roadmap In Fourth Quarter

KUALA LUMPUR, July 30 (Bernama) — Bursa Malaysia Bhd is set to unveil its strategic roadmap for 2027-2030 in the fourth quarter of this year (4Q 2026), outlining initiatives to accelerate market growth, diversify revenue streams and strengthen the exchange’s long-term competitiveness.

CPO Futures End Mostly Higher On Robust Export Demand

By K. Naveen Prabu

KUALA LUMPUR, July 30 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed mostly higher on Thursday as robust export demand lifted market sentiment.

GWM Malaysia Delivers Record 3,166 Vehicles In 1H, Up 42.4 Pct

KUALA LUMPUR, July 30 (Bernama) -- GWM Malaysia recorded its highest vehicle deliveries at 3,166 units in the first six months of 2026, up 42.4 per cent year-on-year, securing its position among the top 11 best-selling automotive brands in Malaysia.

Bursa Malaysia Mulling Incentives To Boost MyValue Up Programme Participation

KUALA LUMPUR, July 30 (Bernama) -- Bursa Malaysia is considering incentives to encourage greater participation in its MyValue Up programme as part of efforts to strengthen long-term value creation among listed companies.

Global Air Passenger Demand Falls 1.7 Pct In June 2026 -- IATA

KUALA LUMPUR, July 30 (Bernama) -- Global air passenger demand, measured in revenue passenger kilometres (RPK), fell 1.7 per cent year-on-year (y-o-y) in June 2026, largely due to declines in domestic markets in China, the United States and Japan, according to the International Air Transport Association (IATA).

Malaysia Benefits From Global Supply Chain Shift, Needs Stronger Value-Added Exports

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, July 30 (Bernama) -- Malaysia's record trade performance in 2025 reflects its position as a strategic trade and manufacturing hub amid global supply chain realignment, although the country needs to strengthen domestic value-added exports to sustain long-term competitiveness, said AmBank Group chief economist Firdaos Rosli.

KLCI Futures End Higher

KUALA LUMPUR, July 30 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives closed higher on Thursday.

YTL Hospitality's REIT FY2026 Net Profit Jumps To RM240.74 Mln 

KUALA LUMPUR, July 30 (Bernama) -- YTL Hospitality Real Estate Investment Trust (YTL Hospitality REIT) recorded a higher net profit of RM240.74 million for the financial year ended June 30, 2026 (FY2026), compared to RM148.55 million in FY2025.

PSP Energy's Unit Secures Sinopec Lubricant Distributorship Deal

KUALA LUMPUR, July 30 (Bernama) -- PSP Energy Bhd’s (PSP Energy) wholly owned subsidiary, PSP Lubricants (M) Sdn Bhd (PSP Lubricants), has been appointed by Sinopec Lubricant Co Ltd (Sinopec) as its authorised distributor for Perak, Kelantan, Terengganu and Pahang.