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Economy

Malaysia's Strong Business Environment And Sound Fiscal Framework Draw Foreign Investors - BMI

KUALA LUMPUR, Aug 6 (Bernama) -- Malaysia offers one of the region's strongest business environments, underpinned by a sound fiscal framework, making it an attractive investment destination for foreign investors, according to BMI, a Fitch Solutions company.

Malaysia's Services Producer Price Index Up 2.9 Pct In 2Q 2026

KUALA LUMPUR, Aug 6 (Bernama) -- Malaysia’s services producer price index (SPPI) increased by 2.9 per cent in the second quarter of 2026 (2Q 2026), up from 2.1 per cent in the previous quarter, according to the Department of Statistics Malaysia (DOSM).

2Q Growth “Should Be Okay” -- Amir Hamzah

KUALA LUMPUR, Aug 6 (Bernama) – Malaysia’s economic growth for the second quarter of 2026 (2Q 2026) “should be okay”, Finance Minister II Datuk Seri Amir Hamzah Azizan said ahead of the official 2Q gross domestic product (GDP) announcement on Aug 14.

Maybank Singapore Joins MAS ' BLOOM Initiative To Strengthen Cross-Border Payments

KUALA LUMPUR, Aug 6 (Bernama) -- Maybank Singapore Ltd today announced its participation in the Monetary Authority of Singapore's (MAS) borderless, liquid, open, online, multi-currency (BLOOM) initiative aimed at advancing next-generation, best-in-class cross-border payments and transaction banking infrastructure.

Toshiba Unveils Secure Microcontrollers For IoT Devices

KUALA LUMPUR, Aug 6 (Bernama) -- Toshiba Electronic Devices & Storage Corporation (Toshiba) has announced the TXZ+ Family Entry-Class M4V Group, a new series of microcontrollers designed to enhance security and data management in Internet of Things (IoT) devices and industrial equipment.

Govt To Provide Certainty, Private Sector To Drive Investment: Amir Hamzah

KUALA LUMPUR, Aug 6 (Bernama) -- The government’s role is to maintain a credible policy and fiscal framework while using public capital to unlock markets, enabling private capital to play a larger role in driving investment, Minister of Finance II Datuk Seri Amir Hamzah Azizan said.

Levoit Singapore Launches Fresher Air Campaign In Support Of Community Chest

KUALA LUMPUR, Aug 6 (Bernama) -- Home wellness brand Levoit Singapore has launched the “Fresher Air for Every Home” campaign in support of Community Chest, combining in-kind product donations, sales-linked contributions and a public donation initiative.

Tropicana Launches T Journey Hospitality Platform In Langkawi, Partners AirAsia Rewards

LANGKAWI, Aug 5 (Bernama) -- Tropicana Corporation Bhd (Tropicana) has launched T Journey, its integrated hospitality management and services platform, marking the commencement of hospitality operations at its newly completed Tropicana Cenang beachfront development here.

Malaysia Should Focus On Niche, High-value Space Tech Segment, Says MYSA

By Samantha Tan Chiew Tieng

PUTRAJAYA, Aug 5 (Bernama) -- Malaysia needs to focus on developing high-value technologies (tech), components, and services to strengthen its position in the global space economy’s supply chain and reap the economic benefits of the sector, said Malaysian Space Agency (MYSA) director-general Datuk Azlikamil Napiah.

Malaysia Can Become A Top-30 Economy -- Abdul Wahid

KUALA LUMPUR, Aug 5 (Bernama) -- Malaysia can become one of the world’s 30 largest economies if its annual nominal gross domestic product (GDP) growth outpaces that of other countries by at least two percentage points, according to Tan Sri Abdul Wahid Omar.

Nestcon Unit Secures RM243 Mln Construction Contract In Penang

KUALA LUMPUR, Aug 5 (Bernama) -- Nestcon Bhd’s wholly-owned subsidiary, Nestcon Builders Sdn Bhd, has secured a RM243 million construction contract from EXSIM Waterfront Sdn Bhd in George Town, Penang.

East Asian LNG Prices Edge Higher On Heat, Geopolitical Risk -- Rystad Energy

KUALA LUMPUR, Aug 5 (Bernama) -- The East Asian liquefied natural gas (LNG) price for October delivery edged up 0.4 per cent week-on-week to US$20.4 per million British thermal units (MMBtu) on Aug 3, as geopolitical risk and extreme heat continued to support spot demand, according to Rystad Energy.