MITRA To Implement Three PPSMI Programmes With RM21.25 Mln In Allocations -- Ramanan

KUALA LUMPUR, July 30 (Bernama) -- The Malaysian Indian Transformation Unit (MITRA) has received approval to implement three programmes under the Socioeconomic Development Programme for the Indian Community (PPSMI) initiative with an allocation of RM21.25 million.

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.

Ringgit Ends Slightly Lower Against US Dollar Ahead Of Fed Rate Decision

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, July 30 (Bernama) -- The ringgit reversed its morning gains to close slightly lower against the US dollar today, as traders turned cautious ahead of the United States (US) Federal Reserve's (Fed) interest rate decision, amid uncertainty over a potential cut.

Late Buying Interest Lifts Bursa Malaysia To Close At Intraday High

By Danni Haizal Danial Donald

KUALA LUMPUR, July 30 (Bernama) -- Bursa Malaysia languished in the red for most of the day but managed to eke out paltry gains to settle at an intraday high on Wednesday due to late buying interest in selected heavyweights led by industrial products and financial services sectors.

Rubber Market Ends Lower Amid Mixed Regional Futures

KUALA LUMPUR, July 30 (Bernama) -- The Malaysian rubber market ended lower today amid a mixed trend in regional rubber futures. 

Alliance Bank Cautiously Optimistic On FY2026 Performance - Group CEO

KUALA LUMPUR, July 30 (Bernama) -- Alliance Bank Malaysia Bhd is cautiously optimistic of its financial performance ending March 31, 2026 (FY2026) amid economic headwinds, said group chief executive officer Kellee Kam.

Malaysia's Real GDP Growth Forecast Raised To 4.5 Pct In 2025, 4.0 Pct In 2026 -- IMF

KUALA LUMPUR, July 29 (Bernama) -- The International Monetary Fund (IMF) has raised its forecast for Malaysia's real gross domestic product (GDP) growth to 4.5 per cent in 2025 and 4.0 per cent in 2026. 

Ringgit Ends Lower Against US Dollar Ahead Of FOMC Meeting

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, July 29 (Bernama) -- The ringgit ended lower against the US dollar today as market traders await the outcome of the United States (US) Federal Open Market Committee (FOMC) meeting, said an economist. 

Late Selling Drags Bursa Malaysia To End At Intraday Low Ahead Of 13MP, FOMC Announcements

By Danni Haizal Danial Donald

KUALA LUMPUR, July 29 (Bernama) -- Bursa Malaysia ended at its intraday low today, pressured by late selling as investors positioned themselves ahead of the 13th Malaysia Plan (13MP) announcement on Thursday.

Set Up New Ministry Or Central Body To Implement 13th Malaysia Plan Effectively – Academician

By Anas Abu Hassan & Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, July 29 (Bernama) -- An Academician has called for the setting up of a new ministry or central agency to specifically monitor and coordinate the effective implementation of the 13th Malaysia Plan (13MP) and to develop measurable milestones to ensure the plan’s long-term sustainability.

ASEAN Must Focus On Building More Integrated, Resilient Economy - PM Anwar

JAKARTA, July 29 (Bernama) -- It is imperative that ASEAN focus its energies inward, towards building a more integrated and resilient economy in facing today’s global economic headwinds, said Prime Minister Datuk Seri Anwar Ibrahim. 

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).