1m ago
..KUALA LUMPUR, Aug 6 (Bernama) -- Batu Kawan Bhd announced that its wholly owned subsidiary, Whitmore Holdings Sdn Bhd’s voluntary takeover offer for MKH Bhd has become unconditional after the former’s shareholders approved the proposed acquisition at the group's extraordinary general meeting (EGM) on Aug 5.
1m ago
KUALA LUMPUR, Aug 6 (Bernama) – Malaysia’s economic growth for the second quarter of 2026 (2Q 2026) “should be okay”, Finance Minister II Datuk Seri Amir Hamzah Azizan said ahead of the official 2Q gross domestic product (GDP) announcement on Aug 14.
2m ago
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.
2m ago
By Zufazlin Baharuddin
KUALA LUMPUR, Aug 5 (Bernama) -- A European business delegation held a series of meetings with Malaysian government agencies this week to discuss reform initiatives, the green transition, and opportunities to strengthen bilateral cooperation.
2m ago
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)
2m ago
KUALA LUMPUR, Aug 5 (Bernama) -- Horizon Quantum Holdings Ltd (Horizon Quantum), a pioneer of software infrastructure for quantum applications, reported a net loss of US$115.2 million for the fiscal second quarter ended June 30, 2026 (Q2 2026), compared with a net loss of US$2.9 million a year earlier, mainly due to a non-cash accounting charge related to warrant liabilities. (US$1 = RM4.09)
2m ago
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.
2m ago
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.
2m ago
KUALA LUMPUR, Aug 5 (Bernama) -- The government will assess the country's import needs, including capital goods, and formulate policies to reduce dependence on external ecosystems as Malaysia seeks to strengthen domestic industries and create greater value from trade and investment.
2m ago
KOTA KINABALU, Aug 5 (Bernama) -- Sabah Shell Petroleum Company Ltd (SSPC) has taken the final investment decision (FID) on the third phase of the Malikai deepwater development offshore Sabah, Shell said in a statement today.
2m ago
KUALA LUMPUR, Aug 5 (Bernama) -- European business leaders are calling for a high-quality Malaysia-European Union (EU) free trade agreement (FTA) that delivers practical commercial outcomes while strengthening long-term investment and cooperation.
2m ago
KUALA LUMPUR, Aug 4 (Bernama) -- Malaysia’s Free Industrial Zones (FIZs) recorded exports worth RM106.7 billion in the first half of 2026 (1H 2026), reflecting continued strong growth momentum.