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Lumora Secures Pre-Seed Funding For Industrial Solar Growth

KUALA LUMPUR, Aug 4 (Bernama) -- Lumora, South Korea's first Independent Power Producer (IPP) dedicated to underutilised industrial space, has closed a pre-seed financing round led by a fund anchored by Yuhan-Kimberly and managed by My Social Company (MYSC), alongside HGI and other strategic investors.

AI Boom Propels More Malaysian Firms Onto Forbes Asia's 2026 Best Under A Billion List

By Anas Abu Hassan

SINGAPORE, Aug 4 (Bernama) -- Forbes Asia today unveiled its 2026 Best Under A Billion list, featuring 200 of Asia-Pacific’s top-performing small and mid-sized listed companies, with the number of Malaysian firms on the list more than doubling to 19 companies.

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)

PM Anwar's Directive On Foreign Restaurant Workers Shows Govt Listens To Industry Concerns - FMBA

KUALA LUMPUR, Aug 3 (Bernama) -- The Federation of Malaysian Business Associations (FMBA) has commended Prime Minister Datuk Seri Anwar Ibrahim's directive to resolve outstanding foreign worker employment applications, with priority for the restaurant sector, within a month.

Petra Energy Unit To Dispose Of Two Vessels For RM61.31 Mln

KUALA LUMPUR, July 29 (Bernama) -- Petra Energy Bhd's wholly-owned subsidiary Petra Marine Sdn Bhd (PMSB) has inked two memoranda of agreement (MoAs) for the disposal of its vessels for a total of about RM61.31 million.

SIA Group Posts S$76 Mln Net Loss In 1Q Despite Achieving Record Revenue

By Anas Abu Hassan

SINGAPORE, July 28 (Bernama) -- Singapore Airlines (SIA) Group posted a net loss of S$76 million (S$1=RM3.16) during the first quarter (1Q) ended June 30, 2026, compared to net profit of S$186 million in the same quarter of the preceding year. 

454 Students Graduate From Sidec's ASEM Semiconductor Programme

KUALA LUMPUR, July 28 (Bernama) -- A total of 454 students have graduated from the Advanced Semiconductor Academy Malaysia (ASEM) semiconductor programme run by the Selangor Information Technology and Digital Economy Corporation (Sidec).

US Tariff Measures Pose Trade, Geopolitical Risks Despite Limited Near-Term Impact -- OCBC

KUALA LUMPUR, July 27 (Bernama) -- The new Section 301 tariffs are expected to have a largely muted impact on exports to the United States (US) in the near term, given extensive product exemptions and relatively lower effective tariff rates than originally anticipated, although geopolitical risks remain significant.

Malaysia Remains Scoot's Key Market On Robust Travel Demand -- Chief Commercial Officer

By Kisho Kumari Sucedaram

KUALA LUMPUR, July 26 (Bernama) – Malaysia remains a key market for Scoot, the low-cost carrier of the Singapore Airlines (SIA) Group, driven by sustained demand for leisure and business travel, the airline’s chief commercial officer Calvin Chan said.

CPO Futures Seen Lower Next Week On Profit-taking After Recent Rally

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, July 25 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to trade lower next week as profit-taking is likely to emerge after the recent rally despite crude oil prices remaining elevated.

MITI To Continue To Engage With US As 10 Pct Forced Labour-Related Tariff On Malaysia Takes Effect

KUALA LUMPUR, July 24 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) will continue to engage with the United States over the 10 per cent forced labour-related tariff imposed on Malaysian exports effective today.

Petronas Chemicals Up On Stronger Potential 2Q Earnings

KUALA LUMPUR, July 23 (Bernama) -- Petronas Chemicals Group Bhd’s share price rose 1.69 per cent to RM4.80, on stronger potential quarter-on-quarter (q-o-q) earnings in 2Q FY2026, mainly driven by the fertiliser and methanol segment.