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Second-quarter GDP Growth Of 5.8 Per Cent Shows Malaysia's Economy Remains Resilient -- Minister

CYBERJAYA, July 17 (Bernama) -- Malaysia's economy remained resilient as preliminary data from the Department of Statistics Malaysia (DOSM) showed that its gross domestic product (GDP) grew by 5.8 per cent in the second quarter of 2026.

Alipay+ Transaction Value In Malaysia Surges To RM824 Mln In 2025 -- MOF

KUALA LUMPUR, July 17 (Bernama) -- The value of QR payment transactions by foreign tourists through the Alipay+ ecosystem in Malaysia recorded a significant increase of 89.6 per cent to RM824 million in 2025 compared with RM435 million in the previous year.

Bioeconomy Corporation Helps Sarawak Firms Showcase Innovations At BIO Asia-Taiwan 2026

KUALA LUMPUR, July 17 (Bernama) -- The Malaysian Bioeconomy Development Corporation (Bioeconomy Corporation) has facilitated collaborations to help Sarawak’s bio-based firms penetrate regional and international markets through BIO Asia-Taiwan 2026.

Ringgit Opens Higher Against Major Currencies, Flat Vs US Dollar

KUALA LUMPUR, July 17 -- The ringgit opened higher against most major currencies but was flat against the US dollar on Friday, as investors remained cautious ahead of the release of Malaysia’s advance estimate for the second quarter (2Q) gross domestic product (GDP) today, an analyst said.

Geoeconomic Fragmentation Prompts Malaysia To Rethink Energy Security -- Experts

KUALA LUMPUR, July 17 (Bernama) -- Malaysia’s move to study the establishment of a national petroleum reserve stock reflects a broader shift in national policy as rising geoeconomic risks compel countries to place greater emphasis on energy security alongside economic resilience, according to experts.

Asset Recovery Trust Account Funds Used To Repay 1MDB, SRC Debts - MoF

KUALA LUMPUR, July 16 (Bernama) -- The government stresses that the use of Asset Recovery Trust Account funds is made in accordance with the approved Trust Directive and only for authorised purposes, including to cover operating costs and repay 1Malaysia Development Bhd (1MDB) and SRC International Sdn Bhd debts. 

Statistics Bill 2026 Reflects Govt's Commitment To Strengthening National Statistical System -- Minister 

KUALA LUMPUR, July 16 (Bernama) -- The passage of the Statistics Bill 2026 in parliament today reflects the government's commitment to developing a more coordinated, credible, and responsive national statistical system, according to the Ministry of Economy.

Malaysia Should Adopt Phased, Fiscally Prudent Approach To Petroleum Reserve Stock -- Economist

KUALA LUMPUR, July 16 (Bernama) -- Malaysia should adopt a phased and fiscally prudent approach if it decides to establish a national petroleum reserve stock, ensuring the initiative strengthens long-term energy resilience without placing unnecessary pressure on public finances, according to IPPFA Sdn Bhd director of investment strategy and country economist Mohd Sedek Jantan.

Dewan Rakyat Passes Statistics Bill 2026 To Modernise Data Ecosystem

KUALA LUMPUR, July 16 (Bernama) -- The Dewan Rakyat has today passed the Statistics Bill 2026, which is aimed, among other things, to replace the Statistics Act 1965 (Act 415) to establish a more modern and comprehensive legal framework aligned with the current data and statistics ecosystem.

Ringgit Firms As Us Rate Hike Expectations Recede

By Abdul Hamid A Rahman

KUALA LUMPUR, July 16 (Bernama) -- The ringgit ended marginally higher against the US dollar today, supported by softer-than-expected United States (US) inflation data and reduced expectations of a near-term rate hike.

Bursa Malaysia Ends Higher On Broad-based Buying

By Siti Noor Afera Abu

KUALA LUMPUR, July 16 (Bernama) -- Bursa Malaysia’s key index rebounded from yesterday’s losses to close higher on Thursday, driven by broad-based buying across multiple sectors.

Malaysia, Taiwan Formalise RM7 Mln Bioeconomy Collaborations

KUALA LUMPUR, July 16 (Bernama) -- Malaysia has further strengthened its position in the regional bioeconomy sector through the formalisation of three strategic collaborations, valued at RM7 million, at the Malaysia Regional Collaboration Forum held in conjunction with BIO Asia–Taiwan 2026 in Taiwan.