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TH's RM11.5 Bln Sukuk Not A New Bailout - Nungsari

By Harizah Hanim Mohamed

KUALA LUMPUR, Aug 22 (Bernama) -- The RM11.5 billion sukuk issued by Urusharta Jamaah Sdn Bhd (UJSB) is a rollover of the maturing sukuk arising from the original Tabung Haji (TH) bailout, rather than a new one, said economist Dr Nungsari Ahmad Radhi.

Maybank, SMF Partner To Accelerate Manufacturers' Growth Through JS-SEZ, ASEAN

JOHOR BAHRU, Aug 21 (Bernama) -- Maybank and the Singapore Manufacturing Federation (SMF) signed a memorandum of understanding (MoU) to expand access to the Johor-Singapore Special Economic Zone (JS-SEZ) and support its development as a mutually beneficial proposition for both countries and the broader ASEAN region.

Gold Futures End Higher On Weaker US Dollar, Yield Concerns

KUALA LUMPUR, Aug 21 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher today, buoyed by a weaker greenback and efforts by the United States Treasury Department to keep longer-term yields low.

EV Localisation Policy Should Strengthen Industry, Not Restrict Competition -- Penang CM

BATU KAWAN, Aug 21 (Bernama) – Malaysia’s electric vehicle (EV) localisation policy should strengthen the domestic industry without restricting competition, consumer choice or investor confidence.

Bursa Malaysia Ends Flat On Renewed Global Bond Yields, Geopolitical Concerns

KUALA LUMPUR, Aug 21 (Bernama) -- Bursa Malaysia ended little changed on Friday, as investors remained cautious amid renewed pressure on global bond yields and geopolitical tensions, an analyst said.

Bursa Malaysia Rebounds At Midday On Resilient Domestic Fundamentals

KUALA LUMPUR, Aug 21 (Bernama) -- Bursa Malaysia rebounded at midday, with sentiment supported by Malaysia’s resilient domestic fundamentals.

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).

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.

Bursa Malaysia Opens Lower As Profit-taking, Geopolitical Risks Weigh

KUALA LUMPUR, Aug 21 (Bernama) -- Bursa Malaysia opened lower on Friday as investors took profits after the previous session’s gains, while persistent geopolitical uncertainties continued to weigh on sentiment.

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.

BizMatch Mega PKNS 2026 Strengthens Selangor Entrepreneurs' Ecosystem

SHAH ALAM, Aug 20 (Bernama) -- The Selangor State Development Corporation (PKNS) continues to strengthen the state's entrepreneurship ecosystem through BizMatch Mega PKNS 2026, which brought together about 1,200 entrepreneurs at the Selangor International Trade Centre (SITC) today.