MITI Says No Official Decision Yet On BYD's Tanjung Malim Investment

KUALA LUMPUR, Aug 4 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) has yet to receive any official information on whether Chinese electric vehicle (EV) maker BYD will proceed with its planned investment in Tanjung Malim, Perak.

KLIA Terminal 1 Enhances E-hailing Pick-Up Facilities Effective Aug 4 - MAHB

KUALA LUMPUR, Aug 4 (Bernama) -- Kuala Lumpur International Airport (KLIA) Terminal 1 has introduced a series of enhancements to its e-hailing pick-up facilities aimed at providing passengers with a smoother, faster and more convenient arrival experience, effective today.

Vedanta Aluminium Posts Record Q1 Financial Results

KUALA LUMPUR, Aug 4 (Bernama) -- Vedanta Aluminium Metal Limited, a global aluminium producer, reported record financial results for the quarter ended June 30, 2026, with revenue reaching 21,105 crore Indian rupees, up 13 per cent quarter-on-quarter (QoQ) and 45 per cent year-on-year (YoY). (100 Indian rupees = RM4.29)

Maybank Shares Slip 0.55 Pct After Announcing Maybank Ageas Acquisition

KUALA LUMPUR, Aug 4 (Bernama) -- Malayan Banking Bhd’s (Maybank) share price slid 0.55 per cent on Tuesday morning after announcing the acquisition of the remaining 30.95 per cent stake in Maybank Ageas Holdings Bhd yesterday.

Indonesia Eyes US$20 Bln In Bilateral Trade With Thailand Under Strategic Roadmap

JAKARTA, Aug 3 (Bernama) -- Indonesia is optimistic about achieving US$20 billion in bilateral trade with Thailand by 2030 following the adoption of the Indonesia-Thailand Strategic Partnership Roadmap 2026-2030 on Monday.

Oil Price Decline May Be Temporary Amid Uncertainty Over US-Iran Talks -- Economist

By Abdul Hamid A Rahman

KUALA LUMPUR, Aug 3 (Bernama) -- The sharp decline in global crude oil prices today may be temporary, as market sentiment remains highly sensitive to developments surrounding the proposed talks between the United States and Iran, an economist said.

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.

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.

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.

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.