Economic

Bursa Malaysia Reprimands Zetrix AI, Fines Seven Directors RM150,000 Each

KUALA LUMPUR, July 14 (Bernama) -- Bursa Malaysia Securities Bhd has publicly reprimanded Zetrix AI Bhd, formerly known as MYEG Services Bhd, and fined seven directors for breaching the Bursa Malaysia Securities Main Market listing requirements (LR).

AEON Credit Issues 10th Sukuk Wakalah Of RM150 Mln

KUALA LUMPUR, July 14 (Bernama) -- Aeon Credit Service (M) Bhd has made its 10th issuance of sukuk wakalah under the Islamic commercial papers (ICP) programme today, with a total nominal amount of RM150 million and a 179-day tenure starting from July 14, 2025.

Ahmad Zahid Highlights Three Priority Areas To Enhance Malaysia-NZ Cooperation

From Ahmad Erwan Othman

AUCKLAND, July 14 (Bernama) -- Malaysia has identified three priority areas for enhanced cooperation with New Zealand, namely sustainability, digital transformation and food security.

Trade Permit Requirement For AI Chips Shows Malaysia's Commitment To Transparency, While Curbing Illicit Activities

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, July 14 (Bernama) -- The trade permit requirement for US artificial intelligence (AI) chips signals Malaysia’s commitment to transparency and global standards, as well as curbing illicit activities in the AI ecosystem.

MyFintech Week 2025 To Highlight Regional Collaboration, Innovation In Finance

KUALA LUMPUR, July 14 (Bernama) -- Malaysia’s flagship financial technology (fintech) event MyFintech Week (MyFW) returns for its third edition from Aug 4-7, 2025, as the country assumes the ASEAN chairmanship, underscoring its commitment to regional cooperation in driving digital financial transformation.

Bursa Malaysia Slightly Down At Midday As Traders Weigh US Tariff Impact

KUALA LUMPUR, July 14 (Bernama) -- Bursa Malaysia ended the morning session slightly lower on Monday as traders continued to digest the impact of the United States’ (US) latest hefty tariffs on its trading partners, said an analyst.

Malaysia's Wholesale, Retail Trade Sales Up 4.4 Pct To RM154.3 Bln In May - DOSM

KUALA LUMPUR, July 14 (Bernama) -- Malaysia’s wholesale and retail trade registered a total sales of RM154.3 billion in May 2025, reflecting a 4.4 per cent growth year-on-year (y-o-y), according to the Department of Statistics Malaysia (DOSM).

EMGA Secures US$160 Mln Loan For BTG Pactual From AIIB

KUALA LUMPUR, July 14 (Bernama) -- Emerging Markets Global Advisory LLP (EMGA) has arranged a US$160 million senior unsecured loan for its Brazil-based client, BTG Pactual, marking another milestone in their long-standing relationship. (US$1=RM4.24)

Westports May Potentially Replace Sime Darby In Upcoming KLCI Review

KUALA LUMPUR, July 14 (Bernama) -- Westports Holdings Bhd could potentially replace Sime Darby Bhd in the upcoming FTSE Bursa Malaysia KLCI (FBM KLCI) review, as its market capitalisation (market cap) ranking has risen to 24th among eligible securities, surpassing the eligibility threshold of the 25th-largest market cap.

ASEAN-6 GDP Growth To Moderate To 4.4 Pct In 2025, 2026 – Maybank IB

KUALA LUMPUR, July 14 (Bernama) -- ASEAN-6 gross domestic product (GDP) growth is expected to moderate to 4.4 per cent in 2025 and 2026 from 4.9 per cent in 2024, according to Maybank Investment Bank Bhd (Maybank IB).

Moderate 4.3 Pct Growth Amid Tariff Pressures, Slowing IPI -- CIMB Investment Bank

KUALA LUMPUR, July 14 (Bernama) -- CIMB Investment Bank Bhd anticipates a moderate 4.3 per cent year-on-year (y-o-y) growth, as expectations of higher tariffs set in and a softer Industrial Production Index (IPI) point to a potential slowdown in the second quarter of 2025 (2Q 2025).

OPR Cut Can Address Household Debt Service Ratio, Provides Reprieve In Disposable Income -- GX Bank

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, July 14 (Bernama) -- GX Bank Bhd said the overnight policy rate (OPR) cut to 2.75 per cent from three per cent could potentially address the household debt service ratio while providing a reprieve in disposable income.