BusinessToday | Malaysia's Premier Business News Portal

Dow Rises, S&P 500 And Nasdaq Fall As Chip...

Editor - July 16, 2026

US stocks split on Thursday as investors took stock of the AI boom and key earnings reports, while an escalation in the US-Iran war continued to weigh. The Dow Jones...

Markets

Broad-Based Buying Lifts KLCI To Higher Closing

Business Today Editorial - July 16, 2026

Bursa Malaysia bounced back from its losses on July 15 to close higher on July 16, supported by broad-based buying across key sectors. The FTSE Bursa Malaysia KLCI (FBM KLCI)...

Markets

NationGate, Nestlé Power Bursa Higher As Gainers Outnumber Losers

Business Today Editorial - July 16, 2026

NationGate Holdings Bhd and Nestlé (M) Bhd led Bursa Malaysia’s gainers as market breadth stayed positive, with 576 advancing counters against 550 decliners. NationGate surged 20 sen to RM1.17 on...

Markets

Foreign Exchange Rates July 16, 2026

Business Today Editorial - July 16, 2026

The closing foreign exchange rates, sourced from Bank Negara Malaysia and recorded at 5pm on July 16, 2026, provide a comprehensive overview of currency fluctuations for the day. These rates,...

Markets

RHB Remains Bearish On Gold After Closing Lower At...

Editor - July 16, 2026

The COMEX Gold reverted to consolidation after it gave up USD17.90 to close lower at USD4,051.80. RHB Research said it observed the positive price action failed to follow through...

Berjaya Property Explains RM58 Million Investment In Perlis Inland...

Editor - July 16, 2026

Berjaya Property Bhd has provided further details on its proposed RM58 million investment in Manjaran Sdn Bhd, saying the acquisition is underpinned by the long-term growth prospects of the...

News

Ecobuilt’s Debt Restructuring Plan Fails After Creditor Vote, Schemes...

Editor - July 16, 2026

Ecobuilt Holdings Berhad's proposed debt restructuring has suffered a major setback after creditors of one of its key subsidiaries rejected a proposed Scheme of Arrangement, causing the entire restructuring...

News

Sime Darby Property: Unlocking New Industrial Growth Along ECRL...

Business Today Editorial - July 16, 2026

Hong Leong Investment Bank Bhd (HLIB) maintained its BUY call on Sime Darby Property Bhd with an unchanged target price of RM2.10 after the developer entered a 50:50 joint...

News

Global

China Makes Changes To Tax Refund Mechanism Starting September 1 2026

Editor - July 16, 2026

China will roll out a series of digital enhancements to its departure tax refund system from September in a move aimed at making shopping...

Global

Hong Kong Tourist Arrival Up 13% In H1 2026

Editor - July 16, 2026

Hong Kong recorded approximately 26.71 million visitor arrivals in the first half (H1) of 2026, up 13 percent year on year, according to the...

News

Liftech Secures RM25 Million Contract From AME Construction For A Test Cell Facility

Editor - July 16, 2026

Liftech Group Bhd has secured a RM25 million contract to provide a material handling system for a test cell facility in Sepang, Selangor, through...

News

Berjaya Property Explains RM58 Million Investment In Perlis Inland Port Developer

Editor - July 16, 2026

Berjaya Property Bhd has provided further details on its proposed RM58 million investment in Manjaran Sdn Bhd, saying the acquisition is underpinned by the...

News

Cropmate Says MACC Unfroze Bank Accounts And No Top Management Arrested

Editor - July 16, 2026

Cropmate Berhad updated that the freezing of bank accounts of the Company and its subsidiaries in connection with an investigation by the Malaysian Anti-Corruption...

News

Malaysia Overhauls 60-Year-Old Data Law With Statistics Bill 2026

Business Today Editorial - July 16, 2026

Malaysia is set to overhaul its six-decade-old statistical framework after the Dewan Rakyat passed the Statistics Bill 2026, paving the way for a more...

News

Malaysia Secures RM7 Million Bioeconomy Deals With Taiwan Partners

Business Today Editorial - July 16, 2026

Malaysia has secured three bioeconomy collaborations worth about RM7 million with Taiwanese partners, expanding commercial opportunities in insect technology, advanced biochar materials and biotechnology...

News

Ecobuilt’s Debt Restructuring Plan Fails After Creditor Vote, Schemes Of Arrangement Collapse

Editor - July 16, 2026

Ecobuilt Holdings Berhad's proposed debt restructuring has suffered a major setback after creditors of one of its key subsidiaries rejected a proposed Scheme of...