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Bursa Malaysia Stays Lower At Mid-Morning

KUALA LUMPUR, Aug 13 (Bernama) -- Bursa Malaysia’s key index remained lower at mid-morning, weighed down by selected heavyweights, led by plantation, financial and industrial product counters.

HLIB Expects Malaysia's 2Q GDP To Expand 5.9 Pct

KUALA LUMPUR, Aug 13 (Bernama) -- Malaysia's gross domestic product (GDP) for the second quarter of 2026 (2Q 2026) is expected to grow by 5.9 per cent, underpinned by stronger manufacturing and mining sectors.

Bursa Malaysia Retreats After Opening Higher In Early Trade

KUALA LUMPUR, Aug 13 (Bernama) -- Bursa Malaysia opened higher on Thursday, but retreated thereafter, amid profit-taking after yesterday’s gain, despite Wall Street ending mostly higher overnight.

Ringgit Opens Higher Against Major Currencies, Eases Vs US Dollar

KUALA LUMPUR, Aug 13 (Bernama) -- The ringgit opened higher against major currencies but eased against the US dollar on Thursday, amid a moderation in the highly anticipated US consumer price index (CPI).

EITA Resources' Unit Bags RM62.3 Mln Works Contract From Prasarana

KUALA LUMPUR, Aug 12 (Bernama) -- EITA Resources Bhd’s wholly owned subsidiary EITA Elevator (Malaysia) Sdn Bhd has accepted a letter of award (LoA) from Prasarana Malaysia Bhd for a works contract worth RM62.3 million.

Bursa Malaysia Ends At Intraday High Lifted By Utilities, Petrochemical Stocks

By Abdul Hamid A Rahman

KUALA LUMPUR, Aug 12 (Bernama) -- Bursa Malaysia ended at its intraday high on Wednesday, buoyed by buying interest in utilities and petrochemical stocks amid elevated crude oil prices.

Space42, Leonardo DRS Ink MoU To Advance UAE National Security Systems

KUALA LUMPUR, Aug 12 (Bernama) -- Space42, the United Arab Emirates (UAE)-based artificial intelligence (AI)-powered SpaceTech company has signed a memorandum of understanding with Leonardo DRS to explore integrated sovereign national security capabilities for the UAE.

Dark Horse Consulting Group Expands Into China With Shanghai Practice 

KUALA LUMPUR, Aug 12 (Bernama) -- Dark Horse Consulting Group (DHCG) has established a China practice in Shanghai and appointed Kang Liu as Senior Director and Head of China and its first hire, marking the life sciences consulting firm's expansion into the Chinese biotechnology market.

MIDA, Invest Hong Kong Renew Partnership, Promoting Two-Way Investment Between Malaysia And Hong Kong

KUALA LUMPUR, Aug 12 (Bernama) -- The Malaysian Investment Development Authority (MIDA) and Invest Hong Kong (InvestHK) today renewed their memorandum of understanding (MoU), setting a shared course to capture new investment opportunities across ASEAN, the Greater Bay Area and Mainland China.

Haikou-Penang Direct Flights To Take Off Oct 11

GEORGE TOWN, Aug 12 (Bernama) -- The Haikou-Penang direct flight service will be launched on Oct 11, making Haikou the ninth Chinese city to have a scheduled direct air link with Penang, said State Tourism and Creative Economy Committee chairman Wong Hon Wai.

Wolters Kluwer CPM Platform Streamlines Longcheer’s Finance Operations

KUALA LUMPUR, Aug 12 (Bernama) -- Wolters Kluwer, a global leader in professional information, software solutions and services, has announced the successful go-live of the CCH Tagetik Corporate Performance Management (CPM) platform at Longcheer, a global provider of intelligent products and services.