Economy
Govt Eyes Seawater Desalination To Support Industrial Needs - PETRA
KUALA LUMPUR, Aug 4 (Bernama) — The government is exploring the potential of seawater desalination technology as an alternative source to support industries with high water demand, including data centres.
Market
CPO Futures Rebound On Stronger Soybean, Crude Oil Prices
By Fatin Umairah Abdul Hamid
Gold Futures End Slightly Lower
KUALA LUMPUR, Aug 4 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended slightly lower today due to profit-taking, despite gains on the US Commodity Exchange (COMEX).
KLCI Futures End Higher
KUALA LUMPUR, Aug 4 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives closed higher on Tuesday.
Corporate
IILM Achieves Record US$7.4 Bln Outstanding Sukuk Portfolio
KUALA LUMPUR, Aug 4 (Bernama) -- The International Islamic Liquidity Management Corporation (IILM) has achieved a new record outstanding sukuk portfolio of US$7.4 billion following the issuance and reissuance of US$1.192 billion of short-term sukuk today.
Malaysia Needs More National Champions To Drive Regional Growth - Amir Hamzah
KUALA LUMPUR, Aug 4 (Bernama) -- Malaysia needs more companies capable of progressing from promising enterprises into national champions and eventually regional leaders, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
Vantris Energy Secures Contracts Worth RM830 Mln, Order Book Exceeds RM6 Bln
KUALA LUMPUR, Aug 4 (Bernama) -- Vantris Energy Bhd had secured contracts worth RM830 million for transportation, installation and tender-assisted drilling rig (TADR) services in Malaysia.