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European Delegation In Talks With Malaysian Govt On Reform, Green Transition And Cooperation

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.

Kanadevia Inova Signs Casablanca Waste-to-Energy Concession 

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.

Moove Raises US$250 Mln To Scale Autonomous Mobility

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)

KIOXIA GP Series SSD Wins FMS “Best Of Show” Award

KUALA LUMPUR, Aug 5 (Bernama) -- Kioxia Corporation announced that its KIOXIA GP Series PCIe NVMe solid-state drive (SSD) has received the FMS: the Future of Memory and Storage ‘Best of Show’ award in the ‘Specialized Storage’ category.

Horizon Quantum’s Q2 2026 Net Loss Widens To US$115.2 Mln

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)

Malaysia's E&E Exports Sustaining 2H Growth Amid Resilient Global Tech Cycle -- CGS International

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.

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.

Darwinbox Unveils AI-Native HCM Platform Cortex

KUALA LUMPUR, Aug 5 (Bernama) -- Darwinbox, a human capital management (HCM) platform, has unveiled Darwinbox Cortex, the artificial intelligence (AI)-native HCM platform rebuilt from the ground up for AI.

Govt Balancing EV Charging Infrastructure Needs With Public Interest - MITI

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.

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)

Positive Design Partners CleanHub For Verified Ocean-Bound Plastic Recovery

KUALA LUMPUR, Aug 5 (Bernama) -- Singapore-based retail interior design consultancy, Positive Design has partnered with CleanHub to fund the recovery of 25,000 kilogrammes (kg) of verified ocean-bound plastic across Southeast Asia.

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.