27d ago
KUALA LUMPUR, Aug 7 (Bernama) -- Malaysian Resources Corporation Bhd’s indirect wholly owned subsidiary, Subang Sentral Sdn Bhd, is disposing of 14.83 hectares of land in Cyberjaya, Selangor, to Digital Cosmos (S) Pte Ltd’s wholly owned subsidiary, Digital Cosmos Malaysia Sdn Bhd, for RM419.05 million.
27d ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Aug 7 (Bernama) -- The ringgit ended the week marginally lower against the US dollar as investors remained cautious ahead of the release of key United States (US) labour market data, while expectations over the US Federal Reserve's (Fed) interest rate path continued to support the greenback, analysts said.
27d ago
KUALA LUMPUR, Aug 7 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives closed lower on Friday.
27d ago
SHAH ALAM, Aug 7 (Bernama) -- The Selangor government is targeting to raise the state’s median monthly household income to RM14,500 and reduce the unemployment rate to 2.2 per cent under the Second Selangor Plan (RS-2).
27d ago
KUALA LUMPUR, Aug 7 (Bernama) -- Bank Negara Malaysia (BNM) and the People’s Bank of China have renewed their bilateral currency swap arrangement for a five-year term, effective from 2026 to 2031.
27d ago
By Karina Imran
KUALA LUMPUR, Aug 7 (Bernama) -- Bursa Malaysia finished the week on a softer note, weighed down by profit-taking after the recent rally, in line with cautious sentiment across regional markets, said an analyst.
27d ago
KUALA LUMPUR, AUG 7 (Bernama) -- Malaysia is well placed to benefit from the global artificial intelligence (AI)-driven structural shift, underpinned by its position as the world’s sixth-largest semiconductor exporter, growing specialisation in higher-value semiconductor manufacturing and growing appeal as a destination for digital infrastructure.
27d ago
KUALA LUMPUR, Aug 7 (Bernama) -- Retirement Fund Inc (KWAP) has invested RM51 million in 2025 into a one-stop nutraceutical products supplier and brand owner in Malaysia, in its effort to develop the nation’s private markets ecosystem via Dana Pemacu.
27d ago
KOTA KINABALU, Aug 7 (Bernama) -- The Malaysia External Trade Development Corporation (MATRADE) is encouraging Sabah entrepreneurs to participate in the Malaysia International Halal Exhibition (MIHAS) 2026 and register for the International Sourcing Programme (INSP) organised in conjunction with the exhibition.
27d ago
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.
27d ago
KUALA LUMPUR, Aug 7 (Bernama) -- The Government-linked investment companies (GLICs) deployed RM7.158 billion in patient capital to build the industries behind a 'Made by Malaysia' economy, where domestic enterprises own the higher rungs of global production rather than simply assembling products at its base.
27d ago
KUALA LUMPUR, Aug 7 (Bernama) -- Malaysia can expect to see the benefits of the Government-Linked Enterprises Activation and Reform Programme (GEAR-uP) materialise as the deployment of the RM120 billion in committed funds accelerates, with a significant amount of work already underway for 2026 and 2027.