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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.

Gold Futures End Higher Tracking COMEX Gains

KUALA LUMPUR, July 22 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher today, tracking gains in gold prices on the US Commodity Exchange (COMEX).

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.

GDB Holdings Bags RM439.4 Mln Mont Kiara Development Project

KUALA LUMPUR, July 22 (Bernama) -- GDB Holdings Bhd has secured a RM439.4 million contract to construct the Wolo Hotel & Residences Mont Kiara KL project in Kuala Lumpur from Magma Kiara Sdn Bhd.

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.

IGB Reit 2Q Net Profit Rises To RM139.27 Mln On Additional Income, Profit Contribution

KUALA LUMPUR, July 22 (Bernama) -- IGB Real Estate Investment Trust’s (IGB REIT) net profit for the second quarter ended June 30, 2026 (2Q 2026) rose 50.6 per cent to RM139.27 million against RM92.50 million in the same quarter a year ago.

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. 

Oil Price Spike Splits Global Markets As AI And Chip Stocks Attract Investors -- Analyst

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, July 22 (Bernama) -- While the Brent crude oil price hike would harm the global market, some heavy indexes of artificial intelligence (AI) and semiconductor beneficiaries are still attracting flows, creating a sharp split beneath the surface, an analyst said.

AM Best Retains Stable Outlook On South Korea's Non-Life Insurance

KUALA LUMPUR, July 22 (Bernama) -- Global credit rating agency, AM Best has maintained its stable outlook on South Korea’s non-life insurance segment, supported by enhanced regulatory frameworks and solid investment performance.

Selangor-Negeri Synergy Boosts Growth, Can Create New Economic Corridor - Amirudin

SEREMBAN, July 22 (Bernama) -- The synergy in strategic development between Selangor and Negeri Sembilan has the potential to create a new economic corridor capable of boosting the competitiveness of the country's central region through the strengthening of investment networks, high-tech industries and integrated logistics infrastructure.