| LATEST NEWS | MKI meeting today extends condolences to Tun Dr Mahathir and family on the passing of Tun Dr Siti Hasmah | The nation and the ummah must understand that courage is not only about the boldness to speak up, but also the willingness to listen - Sultan Nazrin Shah | Culture of syura (consultation) and adab (etiquette) must be strengthened in families, educational institutions, organisations, mosques and the administration - Sultan Nazrin | All approvals for bunkering licences, permits to be handled by MOT starting Feb 1, 2027 - Loke | Port Klang remains the world’s 10th-busiest container port in Lloyd’s List One Hundred Container Ports 2026 ranking, Port of Johor ranked 11th - Loke | |
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.
KUALA LUMPUR, Aug 5 (Bernama) -- Destini Bhd’s wholly owned subsidiary, Destini Oil Services Sdn Bhd, has secured a tubular running services contract from Searah (Malaysia) Sdn Bhd for the latter’s west region operations.
KUALA LUMPUR, Aug 5 (Bernama) -- The East Asian liquefied natural gas (LNG) price for October delivery edged up 0.4 per cent week-on-week to US$20.4 per million British thermal units (MMBtu) on Aug 3, as geopolitical risk and extreme heat continued to support spot demand, according to Rystad Energy.
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.
KUALA LUMPUR, Aug 5 (Bernama) -- Kanadevia Inova AG (Inova) has signed a 33.5-year concession agreement for a waste-to-energy project in Casablanca, Morocco, covering the design, financing, construction and operation of the facility.
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)
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)
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Aug 5 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Wednesday, supported by improving vehicle demand prospects, positive developments in the electric vehicle (EV) sector and relatively stable economic conditions in the United States (US), said a dealer.
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.
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.
KUALA LUMPUR, Aug 5 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) is exploring the optimal mechanism for a proposed electric vehicle (EV) levy to support the development of a nationwide charging infrastructure.
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)
