Rubber Market Ends Higher On Firmer Oil Prices, Positive US Data

By K. Naveen Prabu

KUALA LUMPUR, Aug 12 (Bernama) -- The Kuala Lumpur rubber market ended higher on Wednesday, supported by firmer crude oil prices, a dealer said.

Dark Horse Consulting Group Expands Into China With Shanghai Practice 

KUALA LUMPUR, Aug 12 (Bernama) -- Dark Horse Consulting Group (DHCG) has established a China practice in Shanghai and appointed Kang Liu as Senior Director and Head of China and its first hire, marking the life sciences consulting firm's expansion into the Chinese biotechnology market.

MIDA, Invest Hong Kong Renew Partnership, Promoting Two-Way Investment Between Malaysia And Hong Kong

KUALA LUMPUR, Aug 12 (Bernama) -- The Malaysian Investment Development Authority (MIDA) and Invest Hong Kong (InvestHK) today renewed their memorandum of understanding (MoU), setting a shared course to capture new investment opportunities across ASEAN, the Greater Bay Area and Mainland China.

Haikou-Penang Direct Flights To Take Off Oct 11

GEORGE TOWN, Aug 12 (Bernama) -- The Haikou-Penang direct flight service will be launched on Oct 11, making Haikou the ninth Chinese city to have a scheduled direct air link with Penang, said State Tourism and Creative Economy Committee chairman Wong Hon Wai.

Wolters Kluwer CPM Platform Streamlines Longcheer’s Finance Operations

KUALA LUMPUR, Aug 12 (Bernama) -- Wolters Kluwer, a global leader in professional information, software solutions and services, has announced the successful go-live of the CCH Tagetik Corporate Performance Management (CPM) platform at Longcheer, a global provider of intelligent products and services.

ACE Market-bound Pioneer Heat Aims To Raise RM21.68 Mln From IPO

KUALA LUMPUR, Aug 12 (Bernama) – Pioneer Heat Holdings Bhd aims to raise RM21.68 million from its initial public offering (IPO) following its listing on the ACE Market of Bursa Malaysia on Sept 17, 2026.

Services Sector Revenue Up 11.2 Pct To RM714.7 Bln In 2Q 2026 - DOSM

KUALA LUMPUR, Aug 12 (Bernama) -- The services sector expanded by 11.2 per cent year-on-year (y-o-y) in the second quarter of 2026 (2Q 2026), with revenue reaching RM714.7 billion, according to the Department of Statistics Malaysia (DOSM).

Wholesale, Retail Trade Sales Hit RM168.50 Bln In June 2026 -- DOSM

KUALA LUMPUR, Aug 12 (Bernama) -- Malaysia’s wholesale and retail trade increased 10.1 per cent year-on-year (y-o-y) in June 2026, with sales hitting RM168.5 billion, supported by positive growth across all three sub-sectors, according to the Department of Statistics Malaysia (DOSM).

Bursa Malaysia Stays Higher At Midday

KUALA LUMPUR, Aug 12 (Bernama) -- Bursa Malaysia continued its positive tone at midday, supported by gains in heavyweight utility and industrial products counters.

MEF Calls For Survival Package To Strengthen MSME Support

KUALA LUMPUR, Aug 12 (Bernama) -- The Malaysian Employers Federation (MEF) is calling on the government to strengthen assistance for micro, small and medium enterprises (MSMEs).

Teleport, Avalon Airport Partner To Establish Victoria Operations Hub

KUALA LUMPUR, Aug 12 (Bernama) -- Capital A’s logistics venture and e-commerce logistics specialist, Teleport, has signed a partnership agreement with Avalon Airport Melbourne to establish Avalon as Teleport’s latest strategic operations hub in Victoria, Australia.

Bursa Malaysia Edges Higher In Early Trade

KUALA LUMPUR, Aug 12 (Bernama) -- Bursa Malaysia opened higher on Wednesday, supported by bargain hunting following yesterday’s losses and renewed buying interest in selected heavyweight counters, although cautious sentiments abound due to Wall Street’s weaker overnight performance.