10d ago
KUALA LUMPUR, Aug 14 (Bernama) -- Kerjaya Prospek Group Bhd has acquired an additional 19.18 per cent stake in ACE Market-listed ES Sunlogy Bhd for RM40.18 million cash, strengthening its position in the mechanical and electrical engineering and renewable energy sectors.
10d ago
KUALA LUMPUR, Aug 14 (Bernama) -- Investment banks remained positive on Malaysia’s economic growth outlook for 2026, forecasting gross domestic product (GDP) growth of between 4.8 and 5.4 per cent.
10d ago
KUALA LUMPUR, Aug 14 (Bernama) -- Resintech Bhd's 55 per cent-owned subsidiary, Johan Panglima (M) Sdn Bhd, has secured Commodity Murabahah term financing facilities totalling RM41 million from Alliance Islamic Bank Bhd to redeem land and part-finance a hostel and retail development in Selangor.
10d ago
By Harizah Hanim Mohamed
KUALA LUMPUR, Aug 14 (Bernama) -- The ringgit firmed against the US dollar on Friday as Malaysia’s stronger-than-expected Gross Domestic Product growth for the second quarter of the year (2Q 2026) supported the local currency.
10d ago
SHAH ALAM, Aug 14 (Bernama) -- Hextar Global Bhd through its 70 per cent indirectly owned subsidiary Hextar Landmark Sdn Bhd has partnered with Perbadanan Kemajuan Negeri Selangor (PKNS) to develop an integrated mixed-use development with an estimated gross development value (GDV) of RM3.8 billion in Siera Alam, Shah Alam.
10d ago
GEORGE TOWN, Aug 14 (Bernama) -- Penang recorded more than RM350 billion in electrical and electronics (E&E) exports in the first half of 2026 (1H 2026), an increase of more than 80 per cent compared with the same period last year.
10d ago
KUALA LUMPUR, Aug 14 (Bernama) -- The government’s proactive response to the West Asia crisis, including financing support for affected small and medium enterprises (SMEs) and targeted fuel subsidies, helped sustain household spending and business activity in the country.
10d ago
KUALA LUMPUR, Aug 14 (Bernama) -- The country's Gross Domestic Product (GDP) growth rate jumped to six per cent in the second quarter of 2026, exceeding market expectations and thus recording the strongest second-quarter growth performance outside of the pandemic period since 2014.
10d ago
KUALA LUMPUR, Aug 14 (Bernama) -- A six per cent growth in the second quarter (2Q) of 2026 illustrates that Malaysia’s economy continues to have strong momentum despite facing a challenging global environment, says Minister of Economy Akmal Nasrullah Mohd Nasir.
10d ago
KUCHING, Aug 14 (Bernama) -- Sarawak is taking steps to strengthen its position in the biotechnology and healthcare sectors through a proposed RM50 million investment to develop the Sarawak Regenerative BioFoundry at the Sarawak Bio-Industrial Park.
10d ago
By K. Naveen Prabu
KUALA LUMPUR, Aug 14 (Bernama) -- The rubber market ended lower on Friday, weighed down by a slightly stronger ringgit against the US dollar, a dealer said.
10d ago
KUALA LUMPUR, Aug 14 (Bernama) -- Mercedes-Benz Malaysia is bringing its new Mercedes-Benz Operating System (MB.OS) to the Malaysian market through the all-new CLA 250+ electric, integrating artificial intelligence (AI) from Google and Microsoft into its latest Mercedes-Benz User Experience (MBUX) infotainment system.