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Economy

Malaysian Listed Companies Improve ESG Performance, FTSE4Good Score Up 8.8 Pct

KUALA LUMPUR, Aug 4 (Bernama) -- Malaysian listed companies continued to make steady progress in their environmental, social and governance (ESG) performance, with the weighted average FTSE4Good ESG Score across the Main and ACE Markets rising 8.8 per cent between June 2025 and June 2026.

MNRB To Divest Takaful Ikhlas Units To Bank Rakyat’s Subsidiary For RM1.64 Bln

KUALA LUMPUR, Aug 4 (Bernama) -- MNRB Holdings Bhd has proposed to divest its 100 per cent equity interest in its wholly-owned units, Takaful Ikhlas Family Bhd (Takaful IKHLAS Family) and Takaful Ikhlas General Bhd (Takaful IKHLAS General), to Rakyat Nominees Sdn Bhd for RM1.64 billion in cash, subject to adjustments.

Kioxia To Demonstrate AI Storage Technologies At FMS 2026

KUALA LUMPUR, Aug 4 (Bernama) -- Kioxia group announced it will showcase its flash memory and solid-state drive (SSD) technologies, including the KIOXIA GP1 Series PCIe 6.0 NVMe Super High IOPS SSDs optimised for graphics processing unit (GPU) direct access, at FMS: The Future of Memory and Storage in Santa Clara, California.

MSMEs Do Not Need To Modify Systems Under Statistics Bill 2026 -Deputy Minister

KUALA LUMPUR, Aug 4 (Bernama)  --  Micro, small and medium enterprises (MSMEs) will not need to modify their existing systems or develop new applications to comply with the implementation of the Statistics Bill 2026, Deputy Economy Minister Datuk Indera Mohd Shahar Abdullah said.

IRB Raises RM4.4 Bln In Additional Tax Assessments As Of June 30, 2026

KUALA LUMPUR, Aug 4 (Bernama) -- The Inland Revenue Board (IRB) has raised RM4.4 billion in additional tax assessments as of June 30, said its chief executive officer Datuk Dr Abu Tariq Jamaluddin.

Univar Solutions Acquires H.M. Royal To Expand Performance Materials Business

KUALA LUMPUR, Aug 4 (Bernama) -- Univar Solutions LLC (Univar Solutions) has acquired H.M. Royal, a 101-year-old speciality distributor of rubber, plastics and adhesive additives, to strengthen its Performance Materials business and expand its presence in the United States (US).

Kioxia Unveils AI-Optimised GP1 Series SSDs

KUALA LUMPUR, Aug 4 (Bernama) -- Kioxia Corporation has announced the KIOXIA GP1 Series PCIe 6.0 NVMe solid-state drives (SSDs), the first product in its KIOXIA GP Series of Super High IOPS SSDs, optimised for graphics processing unit (GPU) direct access.

Lendlease REIT Reports Higher 2H FY2026 Revenue, DPU

KUALA LUMPUR, Aug 4 (Bernama) -- Lendlease Global Commercial Trust Management Pte Ltd, the manager of Lendlease Global Commercial REIT (Lendlease REIT), has announced its second half (2H) and full-year financial results for FY2026, with gross revenue rising 6.8 per cent year-on-year (YoY) to SG$110.0 million in 2H FY2026. (SG$1 = RM3.19)

Global Tax System Must Keep Up With Digitalisation Trend - Amir Hamzah

KUALA LUMPUR, Aug 4 (Bernama) --The global tax system must evolve in step with the economic landscape that is increasingly shifting toward digitalisation, according to Finance Minister II Datuk Seri Amir Hamzah Azizan.

Ringgit Seen Averaging RM4.01 In 2026, Easing To RM4.03 By End-2026

KUALA LUMPUR, Aug 4 (Bernama) -- The ringgit is expected to average around RM4.01 against the US dollar in 2026 and potentially ease to RM4.03 by end-2026, underpinned by expectations of fund flows returning to emerging markets, including Malaysia, in the latter part of the year.

Bursa Malaysia Stays Higher At Mid-Afternoon

KUALA LUMPUR, Aug 4 (Bernama) -- Bursa Malaysia remained higher at mid-afternoon, in line with most regional markets although sentiment stayed cautious amid ongoing West Asia conflict.

Digital Financial Crime Demands Smarter, Data-driven Compliance - Labuan FSA

LABUAN, Aug 4 (Bernama) -- Financial institutions must adopt more intelligent, data-driven and risk-based compliance systems as financial crimes become increasingly digital, interconnected and difficult to trace.