LATEST NEWS   Discussion on ECRL proposal to be held with stakeholders before being brought to the Cabinet for consideration -- PM Anwar | Malaysia, China agree to proposal to extend ECRL from Kota Bharu to Rantau Panjang, Kelantan - PM Anwar | China’s potential investments span semiconductors, AI, robotics, EVs, biotechnology and advanced medical devices - PM Anwar | Malaysia has secured potential investments worth over RM28 billion through business discussions and meetings with Chinese companies - PM Anwar | 

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Mi Equipment To Expand Advanced Packaging R&D, Manufacturing Capacity In Penang

GEORGE TOWN, July 28 (Bernama) -- Mi Equipment (M) Sdn Bhd will continue expanding its research and development (R&D) capabilities and manufacturing capacity in Penang as it strengthens its position as a global player in the advanced semiconductor packaging industry.

Malaysia Now 7.1 Pct Below World Bank’s High-Income Threshold -- Akmal Nasrullah

PUTRAJAYA, July 28 (Bernama) -- Malaysia is now just 7.1 per cent below the World Bank’s high-income threshold, thanks to the 5.8 per cent economic expansion in the second quarter of this year, said Economy Minister Akmal Nasrullah Mohd Nasir.

Korean Air Eyes Malaysia Expansion, Enhanced Connectivity After Asiana Integration – Regional Manager

KUALA LUMPUR, July 28 (Bernama) -- The planned integration between Korean Air and Asiana Airlines, a South Korean airline headquartered in Seoul, is expected to enhance network connectivity for Malaysian passengers transiting through Korean Air’s dedicated Terminal 2 at Seoul International Airport.

Ringgit Expected To Trade Within 3.90-4.20 Against US Dollar Through 2H 2026

KUALA LUMPUR, July 28 (Bernama) -- Malaysia’s resilient growth, durable trade surplus and disciplined monetary framework are expected to underpin the ringgit through the second half of 2026 (2H 2026), with the local currency projected to trade within the 3.90-4.20 range against the US dollar, said Juwai IQI global chief economist Shan Saeed.

Data Centre Approvals Won’t Compromise Malaysia’s Energy Security - Sim

KUALA LUMPUR, July 28 (Bernama) -- Every application for a new data centre project will undergo a stringent assessment process to ensure electricity and water supplies for local households and industries are not affected, said Deputy Investment, Trade and Industry Minister Sim Tze Tzin.

Penang On Track To Achieve 10 Pct Renewable Energy Target By 2030 – Chow

GEORGE TOWN, July 28 (Bernama) -- Penang is making steady progress in its renewable energy transition, with clean energy now contributing about six per cent of the state’s energy mix.

Govt Ensures Data Centre Approval Doesn't Affect National Energy Security - Sim

KUALA LUMPUR, July 28 (Bernama) -- The government ensures that every application for a new data centre project go through a strict assessment process to make sure that electricity and water supplies to households and local industries are not affected.

US Tariff Measures Pose Trade, Geopolitical Risks Despite Limited Near-Term Impact -- OCBC

KUALA LUMPUR, July 27 (Bernama) -- The new Section 301 tariffs are expected to have a largely muted impact on exports to the United States (US) in the near term, given extensive product exemptions and relatively lower effective tariff rates than originally anticipated, although geopolitical risks remain significant.

AMRO Raises Malaysia's 2026 Growth Forecast To 4.9 Pct On Strong AI-Driven Exports

By Anas Abu Hassan

SINGAPORE, July 27 (Bernama) -- The ASEAN+3 Macroeconomic Research Office (AMRO) has revised Malaysia's growth forecast upward to 4.9 per cent for 2026 from an initial 4.6 per cent projection, driven by robust AI-related demand.

Ministry Of Economy Posts Fourth-Best Development Expenditure Performance, Eyes Top Three By Year-End

PUTRAJAYA, July 27 (Bernama) --  The Ministry of Economy recorded the fourth-best development expenditure performance among ministries as of July 21 after spending RM1.214 billion, or 57.42 percent, of its original 2026 development allocation of RM2.115 billion.

Malaysia’s Leading Index Rises 0.8 Pct In May 2026

KUALA LUMPUR, July 24 (Bernama) -- Malaysia’s economic prospects remain positive in May 2026 with the Leading Index (LI) rising 0.8 per cent to 114.4 points compared to 113.5 points in the corresponding period last year, according to the Department of Statistics Malaysia (DOSM).

Govt To Begin Formulating Budget 2027; Tabling Set For October - PM Anwar

KUALA LUMPUR, July 26 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said the government will begin formulating Budget 2027 next month in preparation for its tabling in early October.