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Fortegra Receives Ratings Upgrade From AM Best, KBRA Following Acquisition

KUALA LUMPUR, Aug 7 (Bernama) -- The Fortegra Group Inc (Fortegra), a global speciality insurer and part of DB Insurance Co Ltd, has received ratings upgrades from AM Best and KBRA following its acquisition by the South Korean insurer.

Theta Edge Shares Surge 10.56 Pct In Morning Trade On RM3.03 Bln LRT Contract

KUALA LUMPUR, Aug 7 (Bernama) -- Theta Edge Bhd's share price surged 10.56 per cent on Friday morning after its joint venture (JV) with Malaysian Resources Corporation Berhad (MRCB) (the MRCB-Theta Edge JV) won a RM3.03 billion contract for the construction of the Mutiara Line Light Rail Transit (LRT). 

Bergedil Tofu Maker Eyes Seven-Figure Sales In 2026

By Nur Fadhliana Shaari

JOHOR BAHRU, Aug 7 (Bernama) -- Starting with just one sack of potatoes a day - enough to produce 150 packs (900 pieces) of “bergedil” or stuffed tofu puffs, local food enterprise TahuXTahu, which began operations in 2017, has achieved remarkable growth.

Ringgit Opens Mostly Higher Versus Major Currencies, Steady Against US Dollar

KUALA LUMPUR, Aug 7 (Bernama) -- The ringgit opened mostly higher against other major currencies, and was almost unchanged versus the US dollar, as escalating global tensions capped gains in the greenback ahead of the release of the United States’ non-farm payrolls (NFP) data.

Sarawak To Host IDECS 2026 In October

KUCHING, Aug 6 (Bernama) -- The ninth International Digital Economy Conference Sarawak (IDECS) 2026 will be held from Oct 5 to 6 at the Borneo Convention Centre Kuching (BCCK) under the theme 'Scaling Innovation Ecosystems for a Borderless Economy: Earth, Orbit and Beyond'.

Foreign Investors Return To Malaysian Equities With RM300.9 Mln Net Inflows In July

KUALA LUMPUR, Aug 6 (Bernama) -- Foreign investors returned to Malaysian equities in July, recording RM300.9 million in net inflows, with buying concentrated in financial services, transportation and logistics, and utilities.

Tong Herr To Be Taken Private Via SCR Exercise, Offers RM2.55 Per Share

KUALA LUMPUR, Aug 6 (Bernama) -- Tong Herr Resources Bhd’s major shareholders, Allrich Corp and Richard Holdings Ltd, as the joint offerors, have proposed to take the company private by way of a selective capital reduction and repayment (SCR) exercise.

Malaysia Initiates Anti-Dumping Probe On Coated Steel Imports From China, Taiwan, Vietnam -- MITI

KUALA LUMPUR, Aug 6 (Bernama) -- Malaysia has initiated an anti-dumping duty investigation on imports of flat rolled products of other alloy and non-alloy steel, plated or coated with aluminium and zinc, originating or exported from China, Taiwan and Vietnam (the subject merchandise).

Lotte Chemical Titan 2Q Net Loss Widens To RM174.2 Mln, Revenue Up 116 Pct

KUALA LUMPUR, Aug 6 (Bernama) -- Lotte Chemical Titan Holding Bhd’s net loss widened to RM174.2 million in the second quarter (2Q) ended June 30, 2026, from RM173.08 million in the same quarter a year ago.

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).

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.

Gulf Air Opens For Flight Bookings To KLIA Ahead Of F1 GP

KUALA LUMPUR, Aug 6 (Bernama) -- Bahrain’s national carrier Gulf Air has opened bookings for direct flights between Bahrain International Airport (BAH) and Kuala Lumpur International Airport (KLIA), commencing on Sept 29, 2026, to strengthen links between the two countries.