Malaysia Targets Arm Collaboration Chips To Enter Production By 2030 - Akmal Nasrullah

PUTRAJAYA, Aug 21 (Bernama) -- Malaysia aims for locally manufactured chips developed in collaboration with Arm Ltd to enter the production stage and be used in the country’s semiconductor supply chain by 2030, said Economy Minister Akmal Nasrullah Mohd Nasir. 

Apex Securities Raises 2026 Malaysia Export Growth Forecast To 26.2 Pct

KUALA LUMPUR, Aug 21 (Bernama) -- Apex Securities Bhd has raised its 2026 export forecast for Malaysia to 26.2 per cent from 16.3 per cent, underpinned by robust export growth in the first seven months of the year.

Additional Building Materials Gazetted Under Fourth Schedule Of CIDB Act 520

KUALA LUMPUR, Aug 21 (Bernama) — The Construction Industry Development Board Malaysia (CIDB) has gazetted nine additional construction material products involving 22 standards under the Fourth Schedule of the Construction Industry Development Board Act 1994 (Act 520).

Automotive, E&E Among Potential Sectors For Malaysia-South Africa Cooperation

KUALA LUMPUR, Aug 21 (Bernama) -- The automotive, electrical and electronic (E&E) products, downstream palm oil processing, mineral processing, and technology sectors are among the potential areas for closer cooperation between Malaysia and South Africa, said Malaysian High Commissioner to South Africa, Datuk Yubazlan Yusof.

Research Houses Positive On FBM KLCI Expansion To 50 Constituents

KUALA LUMPUR, Aug 21 (Bernama) -- Research houses are positive on the expansion of the FTSE Bursa Malaysia KLCI (FBM KLCI) from 30 to 50 constituents, believing that the move would provide broader market representation and greater sector diversification.

NexG Clarifies RM7.5 Bln Indicative Price For Possible DTSB’s Acquisition By Govt

KUALA LUMPUR, Aug 21 (Bernama) -- NexG Bhd today clarified that the request for an indicative price for the possible acquisition of its wholly owned subsidiary, Datasonic Technologies Sdn Bhd (DTSB), by the government was made by the Ministry of Finance (MOF) last month.

Ringgit Opens Higher Against Major Currencies, Eases Vs US Dollar

KUALA LUMPUR, Aug 21 (Bernama) -- The ringgit opened higher against most major currencies but eased slightly against the US dollar on Friday as investors turned cautious amid escalating tensions between the United States (US) and Iran, an economist said.

Gold Futures End Higher As US Treasury Buybacks Weigh On Yields

By Zufazlin Baharuddin

KUALA LUMPUR, Aug 20 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher as the US Treasury buyback plan lowered Treasury yields.

Vale To Maintain 20 Mln Tonnes Of Iron Ore Transshipment Through Malaysia

IPOH, Aug 20 (Bernama) -- Vale Malaysia Minerals Sdn Bhd aims to maintain its annual transshipment volume of approximately 20 million tonnes of iron ore from its Teluk Rubiah, Manjung distribution hub in Perak, driven by steady demand across the Asia-Pacific region.

Bursa Malaysia, FTSE Russell To Enhance FBM KLCI, FBM 70 Methodologies

KUALA LUMPUR, Aug 20 (Bernama) -- Bursa Malaysia Bhd and London Stock Exchange Group’s (LSEG) wholly owned business division FTSE Russell will collaborate to enhance the methodologies of the FTSE Bursa Malaysia KLCI (FBM KLCI) and FTSE Bursa Malaysia Mid 70 (FBM 70) indices, following a public consultation conducted earlier this year.

NexG Assesses Datasonic Technologies Value At RM7.5 Bln 

KUALA LUMPUR, Aug 20 (Bernama) -- NexG Bhd says its wholly owned subsidiary Datasonic Technologies Sdn Bhd (DTSB), which is the provider of the MyKad national identity card, is currently valued at RM7.5 billion following the government's request for an indicative price.

IRDA, AmBank Group Convene CEO Roundtable To Drive JS-SEZ Manufacturing Growth

JOHOR BAHRU, Aug 20 (Bernama) -- The Iskandar Regional Development Authority (IRDA), in collaboration with AmBank Group has convened the Iskandar Malaysia CEO Roundtable Series 2026.