Malaysia's Economy Stays Resilient Despite Global Uncertainty - Amir Hamzah

PUTRAJAYA, Aug 7 (Bernama) -- The Malaysian economy remains resilient by recording encouraging growth despite facing global economic uncertainty and geopolitical conflicts, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Gold Futures Rally Ahead of US NFP Data Release

KUALA LUMPUR, Aug 7 (Bernama) -- Gold futures on Bursa Malaysia Derivatives continued to rally ahead of the release of the United States’ July non-farm payrolls (NFP) data later today, which will influence the Federal Reserve rate increase expectations for September, analysts said.

DPS Resources Unit Inks MoU With Hangyue For Melaka Data Centre Colocation

KUALA LUMPUR, Aug 7 (Bernama) -- DPS Resources Bhd’s wholly-owned subsidiary, Shantawood Sdn Bhd, has inked a memorandum of understanding (MoU) with Hangyue Intelligent Electrical Co. Ltd to establish a long-term strategic partnership in digital energy infrastructure, data centres, industrial development and related projects in Malaysia.

Nuenergy Secures RM44.5 Mln Data Centre-related Job In Johor

KUALA LUMPUR, Aug 7 (Bernama) -- Nuenergy Holdings Bhd (NHB) has accepted a letter of award (LoA) worth RM44.5 million from a construction and engineering company in China to undertake mechanical, electrical and plumbing works for the development of a consumer landing station building for a data centre in Johor.

MRCB's Indirect Unit To Dispose Of 14.83-hectare Land In Cyberjaya For RM419.05 Mln

KUALA LUMPUR, Aug 7 (Bernama) -- Malaysian Resources Corporation Bhd’s indirect wholly owned subsidiary, Subang Sentral Sdn Bhd, is disposing of 14.83 hectares of land in Cyberjaya, Selangor, to Digital Cosmos (S) Pte Ltd’s wholly owned subsidiary, Digital Cosmos Malaysia Sdn Bhd, for RM419.05 million.

Ringgit Eases Against US Dollar As Investors Await Key Us Data

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Aug 7 (Bernama) -- The ringgit ended the week marginally lower against the US dollar as investors remained cautious ahead of the release of key United States (US) labour market data, while expectations over the US Federal Reserve's (Fed) interest rate path continued to support the greenback, analysts said.

KLCI Futures End Lower

KUALA LUMPUR, Aug 7 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives closed lower on Friday.

Selangor Targets RM14,500 Median Household Income Under RS-2

SHAH ALAM, Aug 7 (Bernama) -- The Selangor government is targeting to raise the state’s median monthly household income to RM14,500 and reduce the unemployment rate to 2.2 per cent under the Second Selangor Plan (RS-2).

Malaysia-China Currency Swap Arrangement Renewed For Five Years

KUALA LUMPUR, Aug 7 (Bernama) -- Bank Negara Malaysia (BNM) and the People’s Bank of China have renewed their bilateral currency swap arrangement for a five-year term, effective from 2026 to 2031.

Bursa Malaysia Ends Week On Softer Note

By Karina Imran

KUALA LUMPUR, Aug 7 (Bernama) -- Bursa Malaysia finished the week on a softer note, weighed down by profit-taking after the recent rally, in line with cautious sentiment across regional markets, said an analyst. 

Malaysia Well Positioned To Benefit From Global AI-Driven Structural Shift

KUALA LUMPUR, AUG 7 (Bernama) -- Malaysia is well placed to benefit from the global artificial intelligence (AI)-driven structural shift, underpinned by its position as the world’s sixth-largest semiconductor exporter, growing specialisation in higher-value semiconductor manufacturing and growing appeal as a destination for digital infrastructure.

KWAP’s Dana Pemacu Invests RM51 Mln To Develop Local One-stop Nutraceutical Products Supplier, Brand Owner

KUALA LUMPUR, Aug 7 (Bernama) -- Retirement Fund Inc (KWAP) has invested RM51 million in 2025 into a one-stop nutraceutical products supplier and brand owner in Malaysia, in its effort to develop the nation’s private markets ecosystem via Dana Pemacu.