LATEST NEWS   2.49 billion Saudi riyal in rent for hajj pilgrim accommodation should have been paid to TH, but failed to be repaid - Amir Hamzah | TH's investment through Al-Rawda is only based on promissory notes - Amir Hamzah | 2.49 billion Saudi riyal in rent for hajj pilgrim accommodation should have been paid to TH, but failed to be repaid | Al-Rawda posted biggest loss among seven TH investments that recorded 100 per cent losses - Amir Hamzah | Seven out of TH's 14 troubled investments recorded 100 per cent losses - Amir Hamzah | 

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Malaysia Well-positioned Against Advanced Cyber Threats - Kaspersky

From K. Naveen Prabu

GUANGZHOU, Aug 3 (Bernama) -- Malaysia is well prepared to defend against advanced cyber threats targeting government institutions, according to global cybersecurity firm Kaspersky.

Sarawak Energy Bhd Appoints Ruslan Abdul Ghani As Group CEO Designate Effective Sept 1

KUCHING, Aug 3 (Bernama) -- Sarawak Energy Bhd has announced the appointment of Datuk Ruslan Abdul Ghani as group chief executive officer (CEO) designate, effective Sept 1.

Sabah's 2025 Trade Hits RM105.5 Bln, Stays Above RM100 Bln For Fourth Year -- DOSM

KOTA KINABALU, Aug 3 (Bernama) -- Sabah's total trade stood at RM105.5 billion in 2025, remaining above the RM100 billion mark for a fourth consecutive year despite global economic uncertainties, according to the Department of Statistics Malaysia (DOSM).

Sunway Construction Unit Bags Johor's Data Centre Development Works Worth RM1.02 Bln

KUALA LUMPUR, Aug 3 (Bernama) -- Sunway Construction Group Bhd’s (SunCon) wholly-owned subsidiary Sunway Construction Sdn Bhd (SCSB) has accepted a letter of award from a multinational technology corporation headquartered in the United States for the mechanical, electrical and plumbing fit-out works for a data centre development in Johor worth RM1.02 billion.  

MPOB Appoints Badrul Hisham Mohd As New Director-General, Effective Today

KUALA LUMPUR, Aug 3 (Bernama) -- The Malaysian Palm Oil Board (MPOB) has appointed Datuk Badrul Hisham Mohd as its director-general, effective Aug 3, 2026, succeeding Datuk Ahmad Parveez Ghulam Kadir, who has retired.

Tenaga Nasional Deeply Committed To Energy Sovereignty – TNB Genco Managing Director

By Mikhail Raj Abdullah

KUALA LUMPUR, Aug 3 (Bernama) -- Tenaga Nasional Bhd is deeply committed to energy sovereignty by strengthening resilience, safeguarding energy security and accelerating sustainable growth.

Nippon Paint China Makes ARCHIDEX 2026 Debut As It Eyes Southeast Asian Markets

KUALA LUMPUR, Aug 3 (Bernama) – As Southeast Asia accelerates the adoption of green building standards and upgrades its manufacturing base, demand for energy-saving and efficiency-enhancing technologies in the construction and industrial sectors continues to grow, creating new opportunities for Chinese building materials companies to expand across the region.

Maybank To Fully Own Maybank Ageas Holdings In RM4.83 Bln Deal

KUALA LUMPUR, Aug 3 (Bernama) -- Malayan Banking Bhd (Maybank) has entered into an Implementation Agreement (IA) with Ageas Insurance International NV (Ageas) to acquire the remaining 30.95 per cent stake in Maybank Ageas Holdings Bhd (MAHB) for RM4.83 billion, paving the way for full ownership of the insurance and takaful holding company.

More Than 14.2 Mln Individuals Received BUDI95, With Over 13.4 Bln Litres Consumed - Amir Hamzah

KUALA LUMPUR, Aug 3 (Bernama) -- More than 14.2 million out of 16.7 million people who are eligible for the BUDI MADANI RON95 (BUDI95) subsidy have benefitted from the programme, involving the consumption of more than 13.4 billion litres of RON95 fuel, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Perodua Cuts Axia Prices, Passes Operational Savings To Customers

KUALA LUMPUR, Aug 3 (Bernama) -- Perusahaan Otomobil Kedua Sdn Bhd (Perodua) has today reduced the price of its Axia model, Malaysia's most affordable compact car model, by up to RM4,700, effective immediately. 

Maker Recipe To Boost Local Position, Aims To Go Global With RM1.7 Mln Investment

Rhoma Ahmad Razali

JITRA, Aug 3 (Bernama) -- Local spice producer Maker Recipe Sdn Bhd plans to go global with its traditional spice brand, Cap O, within the next three years with an investment of RM1.7 million.

MBSB Bank-Huawei Technologies In RM400 Mln Financing To Support 5G Infrastructure

KUALA LUMPUR, Aug 3 (Bernama) -- MBSB Bank Bhd has entered into a RM400 million structured receivable purchase facility with Huawei Technologies (Malaysia) Sdn Bhd, supporting the deployment of equipment and services for U Mobile’s 5G Radio Access Network.