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Accertify: Middle East And Africa Record Highest Air Travel Fraud Rates

KUALA LUMPUR, July 16 (Bernama) -- The fraud pressure continues to vary significantly by market, with the most notable shift occurring across the Middle East and Africa, according to Accertify's second quarter (Q2) Global Air Travel Fraud Report.

Government To Approve Data Centre Projects Only If Energy, Water Supply Are Sufficient -- MITI

KUALA LUMPUR, July 16 (Bernama) -- The government has assured that it will only approve data centre projects after ensuring that energy and water supply capacity is sufficient to meet the needs of the people and local industries.

KWAP Deceived On eFishery Investment, Fund Recovery Underway - MoF

KUALA LUMPUR, July 16 (Bernama)  -- The Ministry of Finance (MOF) has found that the Retirement Fund (Incorporated) (KWAP) was deceived about its investment in eFishery and that it was a well-planned fraud.

CIMB, Cagamas Pioneer Malaysia's First MYOR-I Benchmark Transactions Worth RM650 mln

KUALA LUMPUR, July 16 (Bernama) --  CIMB Islamic Bank Bhd and Cagamas Bhd have partnered to execute three landmark transactions totalling RM650 million comprising Malaysia's first Malaysia Islamic Overnight Rate (MYOR-i)-referenced Islamic Medium Term Notes (Sukuk), Islamic Profit Rate Swap (IPRS) and Islamic Asset Purchase Transaction. 

Johor Property Sector Remains Neutral After State Poll, Says CIMB Securities

KUALA LUMPUR, July 16 (Bernama) -- CIMB Securities Sdn Bhd has maintained its ‘neutral’ call on the property sector, particularly in Johor, following the contested state election, as the outcome provides a clear mandate for the new administration to ensure development continuity.

Malaysia's Consumer Spending To Grow In 2026 - BMI

KUALA LUMPUR, July 16 (Bernama) -- Malaysia’s consumer spending is expected to grow in 2026, underpinned by stable economic growth and employment outlook, said BMI, a Fitch Solutions company.

Cagamas Completes Malaysia’s First MYOR-i Referenced Sukuk, IPRS Transactions

KUALA LUMPUR, July 16 (Bernama) -- Cagamas Bhd has successfully executed Malaysia’s first Malaysia Islamic Overnight Rate (MYOR-i)-referenced Islamic Medium Term Notes (sukuk) and Islamic Profit Rate Swap (IPRS) transactions, comprising a RM300 million one-year MYOR-i sukuk and a RM100 million five-year MYOR-i IPRS.

Bursa Malaysia Opens Higher, Tracking Wall Street Gains

KUALA LUMPUR, July 16 (Bernama) -- Bursa Malaysia rebounded to open higher on Thursday, tracking Wall Street's overnight gains as easing US inflationary pressures lifted global risk sentiment.

SD Guthrie To Dispose Of Kuala Selangor Land For RM798.31 Mln

KUALA LUMPUR, July 15 (Bernama) -- SD Guthrie Bhd has entered into two conditional sale and purchase agreements (SPAs) to dispose of freehold land in Kuala Selangor for RM798.31 million.

Jati Tinggi Secures RM22.6 Mln Data Centre-Related Contracts In Johor

KUALA LUMPUR, July 15 (Bernama) -- Infrastructure utilities engineering solutions provider Jati Tinggi Group Bhd's (JTGB) wholly owned subsidiary has secured two data centre-related contracts in Johor worth a combined value of RM22.6 million.

Widad Appoints Tengku Shaifuddin As Chairman, Nor Azlan As Group MD

KUALA LUMPUR, July 15 (Bernama) -- Widad Group Bhd has announced the appointment of Datuk Tengku Shaifuddin Tengku Jamaluddin as its new chairman and Nor Azlan Zainal as group managing director effective today. 

Ringgit Ends Flat Against US Dollar

By Abdul Hamid A Rahman

KUALA LUMPUR, July 15 (Bernama) -- The ringgit ended virtually unchanged against the US dollar today as concerns over China’s weaker economic performance and renewed geopolitical tensions offset softer-than-expected US inflation data.