Economy

Univar Solutions Acquires H.M. Royal To Expand Performance Materials Business

KUALA LUMPUR, Aug 4 (Bernama) -- Univar Solutions LLC (Univar Solutions) has acquired H.M. Royal, a 101-year-old speciality distributor of rubber, plastics and adhesive additives, to strengthen its Performance Materials business and expand its presence in the United States (US).

Kioxia Unveils AI-Optimised GP1 Series SSDs

KUALA LUMPUR, Aug 4 (Bernama) -- Kioxia Corporation has announced the KIOXIA GP1 Series PCIe 6.0 NVMe solid-state drives (SSDs), the first product in its KIOXIA GP Series of Super High IOPS SSDs, optimised for graphics processing unit (GPU) direct access.

Lendlease REIT Reports Higher 2H FY2026 Revenue, DPU

KUALA LUMPUR, Aug 4 (Bernama) -- Lendlease Global Commercial Trust Management Pte Ltd, the manager of Lendlease Global Commercial REIT (Lendlease REIT), has announced its second half (2H) and full-year financial results for FY2026, with gross revenue rising 6.8 per cent year-on-year (YoY) to SG$110.0 million in 2H FY2026. (SG$1 = RM3.19)

Global Tax System Must Keep Up With Digitalisation Trend - Amir Hamzah

KUALA LUMPUR, Aug 4 (Bernama) --The global tax system must evolve in step with the economic landscape that is increasingly shifting toward digitalisation, according to Finance Minister II Datuk Seri Amir Hamzah Azizan.

Ringgit Seen Averaging RM4.01 In 2026, Easing To RM4.03 By End-2026

KUALA LUMPUR, Aug 4 (Bernama) -- The ringgit is expected to average around RM4.01 against the US dollar in 2026 and potentially ease to RM4.03 by end-2026, underpinned by expectations of fund flows returning to emerging markets, including Malaysia, in the latter part of the year.

Bursa Malaysia Stays Higher At Mid-Afternoon

KUALA LUMPUR, Aug 4 (Bernama) -- Bursa Malaysia remained higher at mid-afternoon, in line with most regional markets although sentiment stayed cautious amid ongoing West Asia conflict.

Digital Financial Crime Demands Smarter, Data-driven Compliance - Labuan FSA

LABUAN, Aug 4 (Bernama) -- Financial institutions must adopt more intelligent, data-driven and risk-based compliance systems as financial crimes become increasingly digital, interconnected and difficult to trace. 

Compliance A Strategic Advantage For Labuan IBFC, Not Business Constraint — Labuan FSA

LABUAN, Aug 4 (Bernama) -- Financial institutions in the Labuan International Business and Financial Centre (Labuan IBFC) must regard compliance as a strategic capability that strengthens competitiveness rather than merely a regulatory obligation.

Malaysia Needs To Look Beyond Data Centres To Attract Global Capital

KUALA LUMPUR, Aug 4 (Bernama) -- Malaysia needs to move beyond data centres and nurture larger listed technology companies to attract global portfolio investment, said Principal Asset Management Bhd chief executive officer Munirah Khairuddin.

Vocalbeats.AI Named Strategic Partner Of AGI Playground 2026

KUALA LUMPUR, Aug 4 (Bernama) -- Vocalbeats.AI, a Singapore-based artificial intelligence (AI)-powered audio company, has announced its role as Strategic Partner of AGI Playground 2026, taking place on Aug 3 to 4 at Gardens by the Bay, Singapore.

Hainan Delegation Strengthens ASEAN Trade Cooperation

KUALA LUMPUR, Aug 4 (Bernama) -- An economic and trade delegation from Hainan Province, China, recently concluded a five-day visit to Thailand and Indonesia, promoting Hainan Free Trade Port policies, key industrial parks and investment opportunities.

Malaysia Poised To Capture Major Real Estate Growth Amid Region's Structural Transformation - JLL

KUALA LUMPUR, Aug 4 (Bernama) -- Malaysia is emerging as a key beneficiary of Southeast Asia's structural transformation as the region shifts from cyclical recovery, according to Jones Lang LaSalle IP Inc (JLL).