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Malaysia's E&E Exports Sustaining 2H Growth Amid Resilient Global Tech Cycle -- CGS International

KUALA LUMPUR, Aug 4 (Bernama) -- Malaysia is expected to maintain its economic momentum in the second half of 2026 (2H 2026), driven primarily by continued strength in the technology sector as electrical and electronics (E&E) exports remain supported by the global artificial intelligence (AI) investment cycle despite recent corrections in technology stocks.

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.

Multiplier Secures US$35 Mln Series B, Appoints Allen Shim As President And CFO

KUALA LUMPUR, Aug 5 (Bernama) -- Multiplier, a technology company that acquires premium professional services firms, has announced a US$35 million Series B round led by The General Partnership, with participation from Ribbit Capital and Lightspeed Venture Partners. (US$1=RM4.09)

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.

Boustead Targets To Grow Revenue To RM30 Bln In 5 Years

GEORGE TOWN, Aug 5 (Bernama) -- Boustead Holdings Bhd (BHB) is targeting to increase group revenue from about RM12 billion currently to RM30 billion within the next five years through a business restructuring that focuses on defence, property development and commercial services.

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.

IILM Achieves Record US$7.4 Bln Outstanding Sukuk Portfolio

KUALA LUMPUR, Aug 4 (Bernama) -- The International Islamic Liquidity Management Corporation (IILM) has achieved a new record outstanding sukuk portfolio of US$7.4 billion following the issuance and reissuance of US$1.192 billion of short-term sukuk today.

Vantris Energy Secures Contracts Worth RM830 Mln, Order Book Exceeds RM6 Bln

KUALA LUMPUR, Aug 4 (Bernama) -- Vantris Energy Bhd had secured contracts worth RM830 million for transportation, installation and tender-assisted drilling rig (TADR) services in Malaysia.

MNRB To Divest Takaful Ikhlas Units To Bank Rakyat’s Subsidiary For RM1.64 Bln

KUALA LUMPUR, Aug 4 (Bernama) -- MNRB Holdings Bhd has proposed to divest its 100 per cent equity interest in its wholly-owned units, Takaful Ikhlas Family Bhd (Takaful IKHLAS Family) and Takaful Ikhlas General Bhd (Takaful IKHLAS General), to Rakyat Nominees Sdn Bhd for RM1.64 billion in cash, subject to adjustments.

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.

MSMEs Do Not Need To Modify Systems Under Statistics Bill 2026 -Deputy Minister

KUALA LUMPUR, Aug 4 (Bernama)  --  Micro, small and medium enterprises (MSMEs) will not need to modify their existing systems or develop new applications to comply with the implementation of the Statistics Bill 2026, Deputy Economy Minister Datuk Indera Mohd Shahar Abdullah said.