Bursa Malaysia Trims Early Gains On Profit-taking

KUALA LUMPUR, Aug 6 (Bernama) -- Bursa Malaysia opened higher on Thursday but edged into negative territory in early trade as investors locked in profits after recent gains, an analyst said.

Tropicana Launches T Journey Hospitality Platform In Langkawi, Partners AirAsia Rewards

LANGKAWI, Aug 5 (Bernama) -- Tropicana Corporation Bhd (Tropicana) has launched T Journey, its integrated hospitality management and services platform, marking the commencement of hospitality operations at its newly completed Tropicana Cenang beachfront development here.

CPO Futures End Mostly Higher On Soybean Oil Gains

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Aug 5 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed mostly higher on Wednesday as gains in rival soybean oil and bargain hunting lifted market sentiment, said CGS International Futures Malaysia Sdn Bhd.  

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.

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.

Moove Raises US$250 Mln To Scale Autonomous Mobility

KUALA LUMPUR, Aug 5 (Bernama) -- Moove, a global mobility technology company, has raised US$250 million in a Series C funding round that values the company at US$2.1 billion, led by Mubadala Investment Company and co-led by Woven Capital, Toyota’s Growth Fund, and Ion Pacific. (US$1=RM4.09)

Malaysia's E&E Exports Sustaining 2H Growth Amid Resilient Global Tech Cycle -- CGS International

KUALA LUMPUR, Aug 4 (Bernama) -- Malaysia is expected to maintain its economic momentum in the second half of 2026 (2H 2026), driven primarily by continued strength in the technology sector as electrical and electronics (E&E) exports remain supported by the global artificial intelligence (AI) investment cycle despite recent corrections in technology stocks.

Bursa Malaysia Ends Higher On Improving Sentiment Amid West Asia Optimism

KUALA LUMPUR, Aug 5 (Bernama) -- Bursa Malaysia continued its upbeat trend to close higher on Wednesday, buoyed by improving sentiment amid optimism over easing West Asia conflict, an analyst said.

Boustead Targets To Grow Revenue To RM30 Bln In 5 Years

GEORGE TOWN, Aug 5 (Bernama) -- Boustead Holdings Bhd (BHB) is targeting to increase group revenue from about RM12 billion currently to RM30 billion within the next five years through a business restructuring that focuses on defence, property development and commercial services.

Bursa Malaysia Higher At Midday, Supported By Tech Stocks

KUALA LUMPUR, Aug 5 (Bernama) -- Bursa Malaysia was higher at midday, supported by renewed appetite for technology stocks, in line with most regional market performances.