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Bursa Malaysia Ends Higher On Improving Sentiment Amid West Asia Optimism

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.

Govt To Review Import Needs, Formulate Policies To Strengthen Domestic Industries

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.

Indonesia's 2Q 2026 GDP Growth Accelerates To 5.29 Pct

By Nik Nurfaqih Nik Wil

JAKARTA, Aug 5 (Bernama) -- Indonesia’s gross domestic product (GDP) grew 5.29 per cent year-on-year (y-o-y) in the second quarter of 2026, driven mainly by manufacturing on the production side and household consumption on the expenditure side.

Multiplier Secures US$35 Mln Series B, Appoints Allen Shim As President And CFO

KUALA LUMPUR, Aug 5 (Bernama) -- Multiplier, a technology company that acquires premium professional services firms, has announced a US$35 million Series B round led by The General Partnership, with participation from Ribbit Capital and Lightspeed Venture Partners. (US$1=RM4.09)

Boustead Targets To Grow Revenue To RM30 Bln In 5 Years

GEORGE TOWN, Aug 5 (Bernama) -- Boustead Holdings Bhd (BHB) is targeting to increase group revenue from about RM12 billion currently to RM30 billion within the next five years through a business restructuring that focuses on defence, property development and commercial services.

Bursa Malaysia Higher At Midday, Supported By Tech Stocks

KUALA LUMPUR, Aug 5 (Bernama) -- Bursa Malaysia was higher at midday, supported by renewed appetite for technology stocks, in line with most regional market performances.

Shell Takes Final Investment Decision On Malikai Phase 3

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.

EU Businesses Seek High-quality Malaysia-EU FTA To Boost Investment, Trade

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.

SunCon Shares Up 4.38 Pct After Securing RM1.02 Bln Data Centre Project

KUALA LUMPUR, Aug 5 (Bernama) -- Sunway Construction Group Bhd’s (SunCon) share price soared 4.38 per cent on Wednesday morning after it recently secured a data centre development in Johor worth RM1.02 billion.

Bursa Malaysia Opens Slightly Higher On Wall Street Gains, Hormuz Optimism

KUALA LUMPUR, Aug 5 (Bernama) -- Bursa Malaysia opened slightly higher on Wednesday, tracking overnight gains on Wall Street amid optimism over a possible agreement between the United States (US) and Iran to reopen the Strait of Hormuz, an analyst said.

Ringgit Opens Slightly Higher Versus Greenback Amid Soft US Data

KUALA LUMPUR, Aug 5 (Bernama) -- Ringgit opened slightly higher against the US dollar on Wednesday, supported by weaker-than-expected US economic data that weighed on the greenback.

Govt Eyes Seawater Desalination To Support Industrial Needs - PETRA

KUALA LUMPUR, Aug 4 (Bernama) — The government is exploring the potential of seawater desalination technology as an alternative source to support industries with high water demand, including data centres.