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Malaysia's Telecom, AI Sector Position To Be Boosted By Hosting M360 ASEAN 2026 -- Fahmi

KUALA LUMPUR, Aug 6 (Bernama) -- Kuala Lumpur’s selection as the host city for M360 ASEAN 2026 on Sept 9 and 10 is expected to strengthen Malaysia’s position in the region’s telecommunications, artificial intelligence (AI) and connectivity sectors.

Ringgit Ends Higher Against US Dollar Ahead Of US Jobs Data

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Aug 6 (Bernama) -- The ringgit closed higher against the US dollar today, although gains were capped by a broadly firmer greenback as investors remained cautious ahead of the release of the closely watched United States (US) non-farm payrolls (NFP) report tomorrow, an analyst said.

EcoSys Signs Underwriting Agreement With M&A Securities Ahead Of ACE Market IPO

KUALA LUMPUR, Aug 6 (Bernama) -- Industrial solutions provider EcoSys (Malaysia) Bhd has signed an underwriting agreement with M&A Securities Sdn Bhd in preparation for its upcoming listing on the ACE Market of Bursa Malaysia Securities Bhd through an initial public offering (IPO).

Bursa Malaysia Ends Lower On Profit-taking

KUALA LUMPUR, Aug 6 (Bernama) -- Bursa Malaysia closed lower as investors took profits following the recent rebound, with telecommunications and industrial stocks leading the decline, said an analyst. 

KL20 2026 Adds Four New Focus Areas, Raising Total To Eight Sectors

PETALING JAYA, Aug 6 (Bernama) -- Kuala Lumpur 20 (KL20) 2026 will introduce four new focus areas: the creative economy, digital economy, digital gaming, and the third sector, in addition to the original priorities announced under KL20 2024.

Malaysia's Strong Business Environment And Sound Fiscal Framework Draw Foreign Investors - BMI

KUALA LUMPUR, Aug 6 (Bernama) -- Malaysia offers one of the region's strongest business environments, underpinned by a sound fiscal framework, making it an attractive investment destination for foreign investors, according to BMI, a Fitch Solutions company.

Govt To Provide Certainty, Private Sector To Drive Investment: Amir Hamzah

KUALA LUMPUR, Aug 6 (Bernama) -- The government’s role is to maintain a credible policy and fiscal framework while using public capital to unlock markets, enabling private capital to play a larger role in driving investment, Minister of Finance II Datuk Seri Amir Hamzah Azizan said.

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.

Ringgit Opens Slightly Higher As Soft US Data Weighs On Greenback

By Danni Haizal Danial Donald

KUALA LUMPUR, Aug 6 (Bernama) -- The ringgit opened slightly higher against the US dollar on Thursday, supported by improved market sentiment after weaker-than-expected United States (US) economic data weighed on the greenback.

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.

Ringgit Closes Slightly Higher Against US Dollar Ahead Of Key US Data Releases

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Aug 5 (Bernama) -- The ringgit closed marginally higher against the US dollar today despite investors' cautious stance ahead of key US economic data, including this week's non-farm payrolls (NFP) report which could offer further clues on the US Federal Reserve's (Fed) monetary policy path, 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.