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.

Govt Mulls Levy On EV Sales To Fund Public Charging Network

KUALA LUMPUR, Aug 4 (Bernama) -- The government is considering imposing a levy on every electric vehicle (EV) sold to establish a fund for expanding Malaysia's public EV charging network, Investment, Trade and Industry Minister Datuk Seri Johari Abdul Ghani said.

FedEx Strengthens Malaysia’s Connectivity With New Guangzhou-Sydney Non-stop Freighter Service

KUALA LUMPUR, Aug 4 (Bernama) -- Global transportation company Federal Express Corporation (FedEx) has launched its new Guangzhou-Sydney service route that will strengthen trade connectivity into Australia from key markets across Asia, including Malaysia.

Ringgit Opens Higher Against Major Currencies, Nearly Unchanged Against US Dollar

KUALA LUMPUR, Aug 4 (Bernama) -- The ringgit opened higher against other major currencies and was almost unchanged versus the US dollar on Tuesday following the release of the US Institute for Supply Management (ISM) Manufacturing PMI data.

Press Metal To Raise PMB Technology Stake To 58.8 Pct In RM464.95 Mln Deal

KUALA LUMPUR, Aug 3 (Bernama) -- Press Metal Aluminium Holdings Bhd plans to acquire a 35.6 per cent stake in PMB Technology Bhd for RM464.95 million in cash, raising its interest to a controlling 58.8 per cent from 23.2 per cent.

Malaysia's Economic Growth May Exceed 5.0 Pct In 2026 - Analysts

KUALA LUMPUR, Aug 3 (Bernama) -- Malaysia's economy could record another year of growth exceeding 5.0 per cent, supported by robust exports and resilient domestic spending, said MBSB Investment Bank Bhd.

JS-SEZ Investment Blueprint Expected To Be Unveiled By Year-end - RHB IB

KUALA LUMPUR, Aug 3 (Bernama) -- The federal government is expected to unveil the Johor-Singapore Special Economic Zone (JS-SEZ) Investment Blueprint and Master Plan by the end of the year, said RHB Investment Bank Bhd (RHB IB).

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).

Rubber Market Ends Lower On Weaker Regional Futures

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Aug 3 (Bernama) -- The Kuala Lumpur rubber market ended lower on Monday, tracking weaker regional rubber futures amid a sharp decline in crude oil prices and expectations of higher global natural rubber production, a dealer said.

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.

Ringgit Opens Higher Against US Dollar Ahead Of Key Us Economic Data

KUALA LUMPUR, Aug 3 (Bernama) -- The ringgit opened slightly higher against the US dollar on Monday ahead of the release of key United States (US) economic data today amid easing tensions in West Asia.

Malaysia’s Economic Performance To Remain Strong In 2H 2026 - Akmal Nasrullah

KUALA LUMPUR, Aug 1 (Bernama) -- The government expects Malaysia’s economic performance to remain strong in the second half of 2026 (2H 2026), said Minister of Economy Akmal Nasrullah Mohd Nasir.