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VentureTECH Invests RM28 Mln In Three Bumiputera Tech Firms To Drive Innovation

PUTRAJAYA, Aug 13 (Bernama) -- VentureTECH Sdn Bhd has invested RM28 million in three bumiputera-led high-growth, high-value technology (tech) companies to accelerate innovation in industrial automation, healthcare and digital inclusion.

iHerb Marks 30th Anniversary With Global Sale, Platform Expansion 

KUALA LUMPUR, Aug 13 (Bernama) -- iHerb, a global eCommerce retailer of vitamins, minerals, supplements and health and wellness products, is celebrating its 30th anniversary with its biggest sales event of the year and the addition of 10 newly supported languages to its shopping platform.

Bursa Malaysia Retreats After Opening Higher In Early Trade

KUALA LUMPUR, Aug 13 (Bernama) -- Bursa Malaysia opened higher on Thursday, but retreated thereafter, amid profit-taking after yesterday’s gain, despite Wall Street ending mostly higher overnight.

NUR Power Recognised At National Energy Awards 2026 For Renewable Energy Enabler Technology

KUALA LUMPUR, Aug 12 (Bernama) -- NUR Power has been recognised at the National Energy Awards (NEA) 2026, securing a runner-up place in the Special Submission-Renewable Energy (RE) Enabler Technology category for its pioneering Pilot Battery Energy Storage System (BESS) at NUR Power’s West Substation in Kulim Hi-Tech Park.

CPO Futures End Lower On Profit-taking, Weaker Related Oils

By K. Naveen Prabu

KUALA LUMPUR, Aug 12 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended lower today, weighed by profit-taking and weakness in related vegetable oils.

Bursa Malaysia Ends At Intraday High Lifted By Utilities, Petrochemical Stocks

By Abdul Hamid A Rahman

KUALA LUMPUR, Aug 12 (Bernama) -- Bursa Malaysia ended at its intraday high on Wednesday, buoyed by buying interest in utilities and petrochemical stocks amid elevated crude oil prices.

K2 Global Raises US$200 Mln For AI Investment

KUALA LUMPUR, Aug 12 (Bernama) -- K2 Global, founded by solo venture capitalist Ozi Amanat, has announced US$200 million in capital commitments focused on artificial intelligence (AI), robotics, compute infrastructure, semiconductors, national security and next-generation healthcare technologies. (US$1=RM4.08)

MIDA, Invest Hong Kong Renew Partnership, Promoting Two-Way Investment Between Malaysia And Hong Kong

KUALA LUMPUR, Aug 12 (Bernama) -- The Malaysian Investment Development Authority (MIDA) and Invest Hong Kong (InvestHK) today renewed their memorandum of understanding (MoU), setting a shared course to capture new investment opportunities across ASEAN, the Greater Bay Area and Mainland China.

AHAM Capital Reports 99 Pct ESG Rating Coverage, Stronger Climate Disclosures In 2025

KUALA LUMPUR, Aug 12 (Bernama) -- AHAM Asset Management Bhd (AHAM Capital) achieved 99 per cent environmental, social and governance (ESG) rating coverage across all in-scope equities and bonds in 2025, according to its 2025 sustainability report released today.

Services Sector Revenue Up 11.2 Pct To RM714.7 Bln In 2Q 2026 - DOSM

KUALA LUMPUR, Aug 12 (Bernama) -- The services sector expanded by 11.2 per cent year-on-year (y-o-y) in the second quarter of 2026 (2Q 2026), with revenue reaching RM714.7 billion, according to the Department of Statistics Malaysia (DOSM).

RE Players Need More Flexible Risk Assessment To Boost Project Bankability – SEDA

KUALA LUMPUR, Aug 12 (Bernama) -- Securing project bankability and adapting conventional risk assessment approaches are among the challenges facing Malaysia’s renewable energy (RE) sector, despite the availability of green financing and financial institutions’ environmental, social and governance (ESG)  commitments.

Wholesale, Retail Trade Sales Hit RM168.50 Bln In June 2026 -- DOSM

KUALA LUMPUR, Aug 12 (Bernama) -- Malaysia’s wholesale and retail trade increased 10.1 per cent year-on-year (y-o-y) in June 2026, with sales hitting RM168.5 billion, supported by positive growth across all three sub-sectors, according to the Department of Statistics Malaysia (DOSM).