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Research Houses Positive On FBM KLCI Expansion To 50 Constituents

KUALA LUMPUR, Aug 21 (Bernama) -- Research houses are positive on the expansion of the FTSE Bursa Malaysia KLCI (FBM KLCI) from 30 to 50 constituents, believing that the move would provide broader market representation and greater sector diversification.

NexG Clarifies RM7.5 Bln Indicative Price For Possible DTSB’s Acquisition By Govt

KUALA LUMPUR, Aug 21 (Bernama) -- NexG Bhd today clarified that the request for an indicative price for the possible acquisition of its wholly owned subsidiary, Datasonic Technologies Sdn Bhd (DTSB), by the government was made by the Ministry of Finance (MOF) last month.

My Steps Up Efforts To Attract Indonesian Business Events To Malaysia

JAKARTA, Aug 20 (Bernama) -- The Malaysia Convention & Exhibition Bureau (MyCEB) is stepping up efforts to attract more business events from Indonesia to Malaysia through its Indonesia Roadshow 2026 in Surabaya and Jakarta, as part of efforts supporting Visit Malaysia 2026.

Johor Attracts Investments Worth Over RM5 Billion From Singapore Visit

JOHOR BAHRU, Aug 21 (Bernama) -- Johor has successfully attracted potential investments worth more than RM5 billion following a series of meetings with investors during a three-day working visit to Singapore that concluded today.

Bursa Malaysia Opens Lower As Profit-taking, Geopolitical Risks Weigh

KUALA LUMPUR, Aug 21 (Bernama) -- Bursa Malaysia opened lower on Friday as investors took profits after the previous session’s gains, while persistent geopolitical uncertainties continued to weigh on sentiment.

Ringgit Opens Higher Against Major Currencies, Eases Vs US Dollar

KUALA LUMPUR, Aug 21 (Bernama) -- The ringgit opened higher against most major currencies but eased slightly against the US dollar on Friday as investors turned cautious amid escalating tensions between the United States (US) and Iran, an economist said.

TM Keen To Participate In SALAM Submarine Cable Network Project

KUALA LUMPUR, Aug 20 (Bernama) -- Telekom Malaysia Bhd (TM) is keen to participate in the Sambungan Kabel Dasar Laut MADANI (SALAM) project, said its group chief executive officer Datuk Amar Huzaimi Md Deris.

Malaysia Must Drive Innovation, Develop Higher-value Rubber Products - Noraini

KUALA LUMPUR, Aug 20 (Bernama) -- Malaysia should drive innovation by developing more specialised and higher-value rubber products, said Minister of Plantation and Commodities Datuk Seri Dr Noraini Ahmad.

Vale To Maintain 20 Mln Tonnes Of Iron Ore Transshipment Through Malaysia

IPOH, Aug 20 (Bernama) -- Vale Malaysia Minerals Sdn Bhd aims to maintain its annual transshipment volume of approximately 20 million tonnes of iron ore from its Teluk Rubiah, Manjung distribution hub in Perak, driven by steady demand across the Asia-Pacific region.

PM Orders Probe Into Khazanah Subsidiary, Seeks To Uncover Potential Financial Irregularities

KLANG, Aug 20 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has ordered a comprehensive investigation into Xeraya Capital, a wholly owned subsidiary of Khazanah Nasional Bhd, to identify any potential financial irregularities.

Telekom Malaysia Posts Net Profit Of RM365.48 Mln In 2Q, Declares 7.0 Sen Dividend

KUALA LUMPUR, Aug 20 (Bernama) -- Telekom Malaysia Bhd (TM) posted a lower net profit of RM365.48 million for the second quarter ended June 30, 2026 (2Q 2026), compared with RM402.97 million in the corresponding quarter last year.

Labuan Waterfront To Unlock Potential, Drive Island’s Future Growth

LABUAN, Aug 20 (Bernama) -- Labuan Corporation is seeking the proposed Labuan waterfront development to be included as a key agenda under the 13th Malaysia Plan (13MP) to unlock the duty-free island’s untapped potential.