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BNM: Malaysia’s Official Reserve Assets At US$120.61 Bln As Of End-June 2025

KUALA LUMPUR, July 31 (Bernama) -- Malaysia’s official reserve assets amounted to US$120.61 billion (US$1= RM4.23) as of end-June 2025, while other foreign currency assets stood at US$1.21 billion, according to Bank Negara Malaysia (BNM).

Petronas Sets Up Transition Council, Human Capital Development Committee Following Restructuring

KUALA LUMPUR, July 30 (Bernama) -- Petroliam Nasional Bhd (Petronas) has established a Transition Council and a Human Capital Development Committee aimed at coordinating a fair and structured redeployment of staff following the company's organisational restructuring.

BNM Imposes Penalties On BIMB, Bank Rakyat And BSN For Non-compliance

KUALA LUMPUR, July 30 (Bernama) -- Bank Negara Malaysia (BNM) has imposed an administrative monetary penalty (AMP) totalling RM3.445 million on Bank Islam Malaysia Bhd (BIMB) for non-compliance with the Islamic Financial Services Act 2013 (IFSA) and the relevant policy documents.

Cross-border Insolvency Bill 2025 Supports Efforts To Attract FDI, Strengthen National Economy - Azalina

KUALA LUMPUR, July 29 (Bernama) -- The enactment of the Cross-Border Insolvency Bill 2025 is expected to support Malaysia’s long-term goal of attracting foreign direct investments (FDI) as well as strengthening the nation’s economic stability.

Airwallex Secures CMS Licence, Launches Investment Product For Singapore Businesses

KUALA LUMPUR, July 29 (Bernama) -- Airwallex has clinched a Capital Markets Services (CMS) licence from the Monetary Authority of Singapore (MAS), paving the way for its latest offering, Airwallex Yield, to launch in the city-state.

Household Debt At RM1.65 Trillion At End-March 2025 - Lim Hui Ying

KUALA LUMPUR, July 29 (Bernama) -- Malaysia’s household debt stood at RM1.65 trillion as of the end of March 2025, equivalent to 84.3 per cent of the nation’s gross domestic product (GDP).

Sun Bus Tech Targets Completion Of 310 Rapid KL Buses By February 2026

JOHOR BAHRU, July 29 (Bernama) -- Johor-based bus body manufacturer, Sun Bus Tech Sdn Bhd aims to complete 310 Rapid KL buses under a local assembly (Completely Knocked Down-CKD) project with Prasarana Malaysia Bhd by February 2026.

Local Retailers Extend Buying Streak For Third Week -- MBSB IB

KUALA LUMPUR, July 28 (Bernama) -- MBSB Investment Bank Bhd (MBSB IB) said local retailers extended their net buying streak for a third consecutive week, with a net inflow of RM105.4 million for the week ended July 25.

CIMB: National Semiconductor Strategy Gains Investor And Regional Backing

KUALA LUMPUR, July 28 (Bernama) -- CIMB Securities Sdn Bhd expects Malaysia’s National Semiconductor Strategy (NSS) to continue gaining traction among investors, institutions, and regional stakeholders.

Chitose Group Plans To Operate 10 Million Hectares Of Microalgae Production Facilities

KUALA LUMPUR, July 27 (Bernama) -- Chitose Group which operates the world’s largest microalgae production facility using flat-panel type photobioreactors in Kuching, Sarawak, is aiming to develop 10 million hectares of large-scale microalgae cultivation farms in Malaysia, Indonesia, India, Middle East and other potential areas, by 2050 covering a market size of US$4.2 trillion (US$1=RM4.22).

Tech Index Bucks Market Trend, National Semiconductor Strategy Attracts RM63 Bln In Investments

KUALA LUMPUR, July 25 (Bernama) -- The Bursa Malaysia Technology Index inched up 0.04 of a point to 52.36 while most of the other sectoral indices remained in negative territory.

Bursa Opens 0.36 Pct Easier After Two-day Rally, Tracking Mixed Global Cues

KUALA LUMPUR, July 25 (Bernama) -- Bursa Malaysia opened on a low note on Friday after recording gains over two consecutive sessions, tracking the mixed performance of global markets.