Bursa Malaysia Trims Early Gains On Profit-taking

KUALA LUMPUR, Aug 6 (Bernama) -- Bursa Malaysia opened higher on Thursday but edged into negative territory in early trade as investors locked in profits after recent gains, an analyst said.

Malaysia Should Focus On Niche, High-value Space Tech Segment, Says MYSA

By Samantha Tan Chiew Tieng

PUTRAJAYA, Aug 5 (Bernama) -- Malaysia needs to focus on developing high-value technologies (tech), components, and services to strengthen its position in the global space economy’s supply chain and reap the economic benefits of the sector, said Malaysian Space Agency (MYSA) director-general Datuk Azlikamil Napiah.

BAC To Invest US$150 Mln In Nilai Manufacturing Facility

NILAI, Aug 5 (Bernama) -- Sustainable cooling and heat rejection solutions company BAC has begun construction of its new manufacturing facility in Nilai, with a planned investment of US$150 million (US$1=RM4.09) to strengthen its regional manufacturing, engineering, and innovation capabilities while creating up to 200 high-skilled jobs by 2035.

Bursa Malaysia Ends Higher On Improving Sentiment Amid West Asia Optimism

KUALA LUMPUR, Aug 5 (Bernama) -- Bursa Malaysia continued its upbeat trend to close higher on Wednesday, buoyed by improving sentiment amid optimism over easing West Asia conflict, an analyst said.

Govt To Review Import Needs, Formulate Policies To Strengthen Domestic Industries

KUALA LUMPUR, Aug 5 (Bernama) -- The government will assess the country's import needs, including capital goods, and formulate policies to reduce dependence on external ecosystems as Malaysia seeks to strengthen domestic industries and create greater value from trade and investment.

AlixPartners Acquires Agentic AI Consulting Firm Artium

KUALA LUMPUR, Aug 5 (Bernama) -- AlixPartners has acquired Artium, an agentic artificial intelligence (AI) software consulting firm that develops enterprise AI agents for clients including BNY Mellon, Mayo Clinic and eBay, as the global consulting firm expands its AI capabilities.

Bursa Malaysia Higher At Midday, Supported By Tech Stocks

KUALA LUMPUR, Aug 5 (Bernama) -- Bursa Malaysia was higher at midday, supported by renewed appetite for technology stocks, in line with most regional market performances.

Bursa Malaysia Opens Slightly Higher On Wall Street Gains, Hormuz Optimism

KUALA LUMPUR, Aug 5 (Bernama) -- Bursa Malaysia opened slightly higher on Wednesday, tracking overnight gains on Wall Street amid optimism over a possible agreement between the United States (US) and Iran to reopen the Strait of Hormuz, an analyst said.

Govt Eyes Seawater Desalination To Support Industrial Needs - PETRA

KUALA LUMPUR, Aug 4 (Bernama) — The government is exploring the potential of seawater desalination technology as an alternative source to support industries with high water demand, including data centres.

EU-CBAM Implementation Costs For Malaysia's Iron, Steel Industry Could Reach RM970.7 Mln In 2026

KUALA LUMPUR, Aug 4 (Bernama) -- A study by the Malaysian Steel Institute (MSI) estimates that costs associated with implementing the European Union’s Carbon Border Adjustment Mechanism (EU-CBAM) could reach RM970.7 million for Malaysia’s iron and steel industry in 2026, with the cost expected to rise progressively in subsequent years.

Free Industrial Zone Exports Reach RM106.7 Bln In 1H 2026 - MITI

KUALA LUMPUR, Aug 4 (Bernama) -- Malaysia’s Free Industrial Zones (FIZs) recorded exports worth RM106.7 billion in the first half of 2026 (1H 2026), reflecting continued strong growth momentum.

Healthcare, Financial Services Lift Bursa Malaysia Higher At The Close

KUALA LUMPUR, Aug 4 (Bernama) -- Bursa Malaysia closed at its intraday high on Tuesday, with gains led by the financial services and healthcare sectors, as investors rotated back into defensive and domestic-oriented sectors amid improving global risk appetite, an analyst said.