LATEST NEWS   MRCB’s indirect unit, Subang Sentral Sdn Bhd, to dispose of 14.83-hectare land in Cyberjaya to Digital Cosmos (S) Pte Ltd’s unit, Digital Cosmos, for RM419.05 million | RM1.29 million channeled for maintenance of Melaka Islamic educational institutions this year - PM Anwar | BNM, People’s Bank of China have renewed the bilateral currency swap arrangement for a term of 5 years, effective from 2026 to 2031, with the size expanded to 220 bln renminbi (RM130 bln) from 180 bln renminbi (RM110 bln) | PM Anwar directs Felda management to submit report on proposed sale of the agency’s loss-making hotels | Govt to continue efforts to increase defence allocation in Budget 2027, strengthen MAF readiness - PM Anwar | 

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KLCI Futures End Higher

KUALA LUMPUR, Aug 5 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives closed higher on Wednesday.

Moove Raises US$250 Mln To Scale Autonomous Mobility

KUALA LUMPUR, Aug 5 (Bernama) -- Moove, a global mobility technology company, has raised US$250 million in a Series C funding round that values the company at US$2.1 billion, led by Mubadala Investment Company and co-led by Woven Capital, Toyota’s Growth Fund, and Ion Pacific. (US$1=RM4.09)

Horizon Quantum’s Q2 2026 Net Loss Widens To US$115.2 Mln

KUALA LUMPUR, Aug 5 (Bernama) -- Horizon Quantum Holdings Ltd (Horizon Quantum), a pioneer of software infrastructure for quantum applications, reported a net loss of US$115.2 million for the fiscal second quarter ended June 30, 2026 (Q2 2026), compared with a net loss of US$2.9 million a year earlier, mainly due to a non-cash accounting charge related to warrant liabilities. (US$1 = RM4.09)

Rubber Market Ends Mixed On Improving Demand Prospects

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Aug 5 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Wednesday, supported by improving vehicle demand prospects, positive developments in the electric vehicle (EV) sector and relatively stable economic conditions in the United States (US), said a dealer.

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.

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.

Indonesia's 2Q 2026 GDP Growth Accelerates To 5.29 Pct

By Nik Nurfaqih Nik Wil

JAKARTA, Aug 5 (Bernama) -- Indonesia’s gross domestic product (GDP) grew 5.29 per cent year-on-year (y-o-y) in the second quarter of 2026, driven mainly by manufacturing on the production side and household consumption on the expenditure side.

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)

Xsolla Partners GDAP, DTI-EMB To Support Philippine Game Industry

KUALA LUMPUR, Aug 5 (Bernama) -- Xsolla has signed a strategic memorandum of understanding with the Game Developers Association of the Philippines (GDAP) and the Department of Trade and Industry's – Export Marketing Bureau (DTI-EMB) to support the growth of the Philippine video game development ecosystem through mentorship, industry promotion and access to global game commerce solutions.

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.

Shell Takes Final Investment Decision On Malikai Phase 3

KOTA KINABALU, Aug 5 (Bernama) -- Sabah Shell Petroleum Company Ltd (SSPC) has taken the final investment decision (FID) on the third phase of the Malikai deepwater development offshore Sabah, Shell said in a statement today.