LATEST NEWS   Discussion on ECRL proposal to be held with stakeholders before being brought to the Cabinet for consideration -- PM Anwar | Malaysia, China agree to proposal to extend ECRL from Kota Bharu to Rantau Panjang, Kelantan - PM Anwar | China’s potential investments span semiconductors, AI, robotics, EVs, biotechnology and advanced medical devices - PM Anwar | Malaysia has secured potential investments worth over RM28 billion through business discussions and meetings with Chinese companies - PM Anwar | 

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SME Financing Conditions Remain Supportive, But Businesses Must Adapt - BNM Governor

KUALA LUMPUR, Aug 12 (Bernama) -- Overall financing conditions for small and medium enterprises (SMEs) remain supportive, with banks and development financial institutions (DFIs) continuing to provide financing to viable businesses.

Space42, Leonardo DRS Ink MoU To Advance UAE National Security Systems

KUALA LUMPUR, Aug 12 (Bernama) -- Space42, the United Arab Emirates (UAE)-based artificial intelligence (AI)-powered SpaceTech company has signed a memorandum of understanding with Leonardo DRS to explore integrated sovereign national security capabilities for the UAE.

K2 Global Raises US$200 Mln For AI Investment

KUALA LUMPUR, Aug 12 (Bernama) -- K2 Global, founded by solo venture capitalist Ozi Amanat, has announced US$200 million in capital commitments focused on artificial intelligence (AI), robotics, compute infrastructure, semiconductors, national security and next-generation healthcare technologies. (US$1=RM4.08)

MIDA, Invest Hong Kong Renew Partnership, Promoting Two-Way Investment Between Malaysia And Hong Kong

KUALA LUMPUR, Aug 12 (Bernama) -- The Malaysian Investment Development Authority (MIDA) and Invest Hong Kong (InvestHK) today renewed their memorandum of understanding (MoU), setting a shared course to capture new investment opportunities across ASEAN, the Greater Bay Area and Mainland China.

Kerjaya Prospek Unit Bags RM223.0 Mln Construction Contract In Johor Bahru

KUALA LUMPUR, Aug 12 (Bernama) -- Kerjaya Prospek Group Bhd’s wholly owned subsidiary, Kerjaya Prospek (M) Sdn Bhd, has secured a RM223.0 million contract for the construction and completion of the main building for a development project in Johor Baharu from Sunway Majestic Sdn Bhd. 

ACE Market-bound Pioneer Heat Aims To Raise RM21.68 Mln From IPO

KUALA LUMPUR, Aug 12 (Bernama) – Pioneer Heat Holdings Bhd aims to raise RM21.68 million from its initial public offering (IPO) following its listing on the ACE Market of Bursa Malaysia on Sept 17, 2026.

Services Sector Revenue Up 11.2 Pct To RM714.7 Bln In 2Q 2026 - DOSM

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).

RE Players Need More Flexible Risk Assessment To Boost Project Bankability – SEDA

KUALA LUMPUR, Aug 12 (Bernama) -- Securing project bankability and adapting conventional risk assessment approaches are among the challenges facing Malaysia’s renewable energy (RE) sector, despite the availability of green financing and financial institutions’ environmental, social and governance (ESG)  commitments.

Bursa Malaysia Stays Higher At Midday

KUALA LUMPUR, Aug 12 (Bernama) -- Bursa Malaysia continued its positive tone at midday, supported by gains in heavyweight utility and industrial products counters.

Govt Tightens Financial And Investment Measures At Tabung Haji, Ensures Non-Recurrence Of Crisis

By Nor Baizura Basri & Harizah Hanim Mohamed

KUALA LUMPUR, Aug 12 (Bernama) — The government’s pledge to leave no stone unturned in strengthening Lembaga Tabung Haji (TH) through stricter policy and regulatory measures to ensure that similar issues do not recur was among the messages at yesterday’s special Dewan Rakyat sitting.

MR DIY Among Most Active Counters Following 2Q Results

KUALA LUMPUR, Aug 12 (Bernama) -- MR DIY Group (M) Bhd’s shares were actively traded in the early trade today after the company posted a lower net profit of RM134.40 million in the second quarter of 2026 (2Q 2026).

Teleport, Avalon Airport Partner To Establish Victoria Operations Hub

KUALA LUMPUR, Aug 12 (Bernama) -- Capital A’s logistics venture and e-commerce logistics specialist, Teleport, has signed a partnership agreement with Avalon Airport Melbourne to establish Avalon as Teleport’s latest strategic operations hub in Victoria, Australia.