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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.

BAC To Invest US$150 Mln In Nilai Manufacturing Facility

NILAI, Aug 5 (Bernama) -- Sustainable cooling and heat rejection solutions company BAC has begun construction of its new manufacturing facility in Nilai, with a planned investment of US$150 million (US$1=RM4.09) to strengthen its regional manufacturing, engineering, and innovation capabilities while creating up to 200 high-skilled jobs by 2035.

Ringgit Closes Slightly Higher Against US Dollar Ahead Of Key US Data Releases

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Aug 5 (Bernama) -- The ringgit closed marginally higher against the US dollar today despite investors' cautious stance ahead of key US economic data, including this week's non-farm payrolls (NFP) report which could offer further clues on the US Federal Reserve's (Fed) monetary policy path, an analyst said.

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.

Kanadevia Inova Signs Casablanca Waste-to-Energy Concession 

KUALA LUMPUR, Aug 5 (Bernama) -- Kanadevia Inova AG (Inova) has signed a 33.5-year concession agreement for a waste-to-energy project in Casablanca, Morocco, covering the design, financing, construction and operation of the facility.

Govt Balancing EV Charging Infrastructure Needs With Public Interest - MITI

KUALA LUMPUR, Aug 5 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) is exploring the optimal mechanism for a proposed electric vehicle (EV) levy to support the development of a nationwide charging infrastructure.

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.

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.

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.

Ringgit Eases Versus US Dollar, Ends Higher Against Other Major Currencies

By Abdul Hamid A Rahman

KUALA LUMPUR, Aug 4 (Bernama) -- The ringgit ended lower against the US dollar although it strengthened versus other major currencies on Tuesday, as the greenback remained supported by stronger-than-expected US manufacturing data.

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.

Rubber Market Rebounds On Firmer Regional Futures, Crude Oil Prices

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Aug 4 (Bernama) -- The Kuala Lumpur rubber market rebounds to end higher on Tuesday, supported by gains in regional rubber futures, firmer crude oil prices and encouraging global manufacturing data, said a dealer.