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Petros Achieves Sarawak's First Onshore Oil Production In Over 50 Years

SIBU, July 22 (Bernama) -- Sarawak Premier Tan Sri Abang Johari Tun Openg today announced that Petroleum Sarawak Bhd (Petros) has achieved first oil at the Adong Kechil West (AKW) field near Marudi, marking the return of onshore oil production in Sarawak after more than 50 years.

Sapangar Port Expansion Expected To Be Completed By October 2027

KOTA KINABALU, July 22 (Bernama) -- The Sapangar Bay Container Port (SBCP) expansion project has reached 62.75 per cent completion as of June and is now expected to be completed by October 2027 following delays caused by difficulty in securing sand supply that meets specifications.

West Asia Geopolitical Risks Push Up Prices Of Unsubsidised Petrol, Diesel - MoF

KUALA LUMPUR, July 22 (Bernama) -- Escalating geopolitical risks in West Asia are causing the retail prices of unsubsidised petrol and diesel to rise from July 23 to July 29, 2026, according to the Ministry of Finance (MOF).

CTOS To Sell 10 Pct Stake In Juris Technologies For RM50 Mln

KUALA LUMPUR, July 22 (Bernama) -- Credit scoring firm CTOS Digital Bhd has proposed to dispose of a 10 per cent equity stake in Juris Technologies Sdn Bhd to Natsoft (M) Sdn Bhd for RM50 million cash, reducing its shareholding in the software developer to 39 per cent from 49 per cent.

World Bank To Continue Supporting Malaysia’s Digital Govt Agenda

PUTRAJAYA, July 22 (Bernama) -- The World Bank remains committed to supporting Malaysia as it advances its digital transformation agenda by sharing international experience, providing analytical support, facilitating knowledge exchange and working alongside the government to turn recommendations into action.

Mynews Acquires RM24.7 Mln Rawang Industrial Land For New Distribution Centre

KUALA LUMPUR, July 22 (Bernama) -- Mynews Holdings Bhd's wholly owned subsidiary Mynews Retail Sdn Bhd has entered into a sale and purchase agreement (SPA) with Thung Hing Metal Industry Sdn Bhd to acquire 13.5 acres leasehold industrial land in Rawang, Selangor for RM24.70 million.

Eco-Shop's Net Profit Rises To RM264.56 Mln In FY2026

KUALA LUMPUR, July 22 (Bernama) -- Eco-shop Marketing Bhd’s net profit rose to RM264.56 million in the financial year ended May 31, 2026 (FY2026) compared with RM205.03 million registered in FY2025.

Bursa Malaysia Ends Lower Amid Profit-taking, Higher Oil Prices

By Karina Imran

KUALA LUMPUR, July 22 (Bernama) -- Bursa Malaysia closed lower on Wednesday as investors continued to take profit following the recent rally, while elevated crude oil prices and lingering geopolitical tensions in West Asia kept market sentiment cautious, said an analyst. 

Rubber Market Ends Mixed Despite Stronger Crude Oil Prices, China Growth Optimism

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, July 22 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Wednesday, despite gains in regional rubber futures markets, firmer benchmark crude oil prices and a slightly weaker ringgit against the US dollar, according to a dealer.

DEEP Robotics Showcases Full Robot Lineup, Industrial Solutions

KUALA LUMPUR, July 22 (Bernama) -- DEEP Robotics, a global embodied intelligence leader, displayed its full robot portfolio, six industrial solutions and two exclusive original robots at the 2026 WAIC in Shanghai, attracting strong interest from the heavy industry sector.

Kpler Analyst Warns Oil Prices Can Soar Above US$100 Per Barrel

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, July 22 (Bernama) – Market intelligence company Kpler’s senior crude oil analyst Muyu Xu has warned that crude oil prices can climb above US$100 per barrel and even spike to US$120 due to acute supply constraints if the war between the United States and Iran in West Asia persists for another one or two weeks.

QRESTIA Unveils WAFUU.COM Mascot Mochi 

KUALA LUMPUR, July 22 (Bernama) -- QRESTIA Inc has unveiled Mochi as the official mascot for its cross-border e-commerce platform, WAFUU.COM, as part of efforts to strengthen the brand's global identity and customer engagement.