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Ministry Of Economy Posts Fourth-Best Development Expenditure Performance, Eyes Top Three By Year-End

PUTRAJAYA, July 27 (Bernama) --  The Ministry of Economy recorded the fourth-best development expenditure performance among ministries as of July 21 after spending RM1.214 billion, or 57.42 percent, of its original 2026 development allocation of RM2.115 billion.

SBM Offshore Strengthens Malaysia’s Role In Global Offshore Energy Projects

KUALA LUMPUR, July 27 (Bernama) -- Malaysia is strengthening its position in the global offshore energy value chain, with local engineering and technical teams taking on increasingly complex responsibilities in international project execution.

Mobix Labs To Acquire Drone Maker Vision Aerial

KUALA LUMPUR, July 27 (Bernama) -- Mobix Labs Inc has signed a definitive agreement to acquire Vision Aerial Inc, a United States (US)-based manufacturer of National Defense Authorization Act (NDAA)-compliant unmanned aerial systems, in a deal valued at approximately US$15 million. (US$1=RM4.08)

Malaysia Remains Scoot's Key Market On Robust Travel Demand -- Chief Commercial Officer

By Kisho Kumari Sucedaram

KUALA LUMPUR, July 26 (Bernama) – Malaysia remains a key market for Scoot, the low-cost carrier of the Singapore Airlines (SIA) Group, driven by sustained demand for leisure and business travel, the airline’s chief commercial officer Calvin Chan said.

Humanoid Raises US$152 Mln In Series A

KUALA LUMPUR, July 24 (Bernama) -- Humanoid, a United Kingdom-based artificial intelligence (AI) and robotics company developing industrial humanoid robots, has raised US$152 million in a Series A funding round, valuing the company at US$1.35 billion post-money and bringing its total capital raised to US$270 million. (US$1=RM4.09)

Chengdu Showcases Digital, AI Innovation At APEC Week 

KUALA LUMPUR, July 24 (Bernama) -- The 2026 Asia-Pacific Economic Cooperation (APEC) Digital and AI Ministerial Meeting and related Digital Week activities are being held in Chengdu, Sichuan Province, from July 16 to 29, highlighting the city's growing role in digital innovation and regional cooperation.

RHB IB Initiates ‘Buy’ Call For Gas Malaysia On MRP, RGT4 Prospects

KUALA LUMPUR, July 23 (Bernama) -- RHB Investment Bank Bhd (RHB IB) has initiated coverage on Gas Malaysia Bhd (GMB) with a 'buy' recommendation and a target price (TP) of RM6.50 on expectations of higher gas prices and growth prospects from its planned Regasification Terminal 4 (RGT4) project.

LEPAS Unveils L8 PHEV For Global Markets

KUALA LUMPUR, July 24 (Bernama) -- LEPAS, Chery Auto's mid-to-premium new energy vehicle (NEV) brand, has introduced the LEPAS L8 plug-in hybrid electric vehicle (PHEV) to global markets, combining advanced hybrid technology, intelligent driving features and its signature "Leopard Aesthetics" design philosophy.

National Petroleum Reserve Establishment Timely Amid Recurring Geopolitical Tensions - Analysts

By Siti Radziah Hamzah

KUALA LUMPUR, July 23 (Bernama) -- Malaysia’s move to study the establishment of a national petroleum reserve (NPR) is timely as recurring geopolitical tensions around key global shipping routes underscore the need to strengthen the country’s long-term energy resilience, said analysts.

Egg Medical Supports New Radiation Safety Consensus Statement 

KUALA LUMPUR, July 23 (Bernama) -- Egg Medical, a global radiation protection company, has announced its support for a landmark expert consensus statement published in the Journal of the Society for Cardiovascular Angiography & Interventions (JSCAI).

Jumio Reports Strong Q2 2026 On Platform Innovation

KUALA LUMPUR, July 23 (Bernama) -- Jumio, an artificial intelligence (AI)-powered identity intelligence provider, has announced a strong second quarter (Q2) for 2026, driven by platform innovation, executive leadership additions, and expanded customer adoption.

World Bank To Continue Supporting Malaysia’s Digital Govt Agenda

PUTRAJAYA, July 22 (Bernama) -- The World Bank remains committed to supporting Malaysia as it advances its digital transformation agenda by sharing international experience, providing analytical support, facilitating knowledge exchange and working alongside the government to turn recommendations into action.