30d ago
KUALA LUMPUR, Aug 14 (Bernama) -- MBSB Investment Bank Bhd (MBSB IB) anticipates Malaysia’s economy to grow by 5.9 per cent year-on-year (y-o-y) in the second quarter of 2026 (2Q 2026), slightly above the advance estimate of 5.8 per cent.
1m ago
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).
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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).
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PUTRAJAYA, Aug 11 (Bernama) -- The manufacturing sector’s sales value rose 9.8 per cent year-on-year (y-o-y) to RM177 billion in June 2026, higher than the 8.9 per cent increase recorded in May 2026 (RM172.7 billion), according to the Department of Statistics (DOSM).
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KUALA LUMPUR, Aug 11 (Bernama) -- The Industrial Production Index (IPI) rose by 6.5 per cent year-on-year (y-o-y) in June 2026, continuing the positive momentum across all sectors, said the Department of Statistics Malaysia (DOSM).
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KUALA LUMPUR, Aug 11 (Bernama) -- Space42, a United Arab Emirates (UAE)-based artificial intelligence (AI)-powered SpaceTech company, and South Korea’s Autonomous A2Z (A2Z) have signed a US$7 million commercial agreement to deploy Level-4 autonomous mobility solutions in the UAE. (US$1=RM4.09)
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KUALA LUMPUR, Aug 7 (Bernama) – Khazanah Nasional Bhd’s (Khazanah) Jelawang Capital and the Retirement Fund Inc’s (KWAP) Dana Perintis anchored the venture stage, channelling RM588 million into startups across the consumer, digital, agritech and edtech sectors in 2025.
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KUALA LUMPUR, Aug 7 (Bernama) -- Theta Edge Bhd's share price surged 10.56 per cent on Friday morning after its joint venture (JV) with Malaysian Resources Corporation Berhad (MRCB) (the MRCB-Theta Edge JV) won a RM3.03 billion contract for the construction of the Mutiara Line Light Rail Transit (LRT).
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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)
1m ago
By Nik Nurfaqih Nik Wil
JAKARTA, Aug 5 (Bernama) -- Indonesia’s gross domestic product (GDP) grew 5.29 per cent year-on-year (y-o-y) in the second quarter of 2026, driven mainly by manufacturing on the production side and household consumption on the expenditure side.
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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.
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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.