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Sun Phuquoc Airways Launches KL-Phu Quoc Route, Commencing Sept 1

KUALA LUMPUR, Aug 6 (Bernama) -- Sun PhuQuoc Airways has launched a new daily direct service between Kuala Lumpur and Phu Quoc to further strengthen tourism and travel connectivity between Malaysia and Vietnam.

Ringgit Opens Slightly Higher As Soft US Data Weighs On Greenback

By Danni Haizal Danial Donald

KUALA LUMPUR, Aug 6 (Bernama) -- The ringgit opened slightly higher against the US dollar on Thursday, supported by improved market sentiment after weaker-than-expected United States (US) economic data weighed on the greenback.

BAC To Invest US$150 Mln In Nilai Manufacturing Facility

NILAI, Aug 5 (Bernama) -- Sustainable cooling and heat rejection solutions company BAC has begun construction of its new manufacturing facility in Nilai, with a planned investment of US$150 million (US$1=RM4.09) to strengthen its regional manufacturing, engineering, and innovation capabilities while creating up to 200 high-skilled jobs by 2035.

Destini Unit Wins Tubular Running Services Contract From Searah Malaysia

KUALA LUMPUR, Aug 5 (Bernama) -- Destini Bhd’s wholly owned subsidiary, Destini Oil Services Sdn Bhd, has secured a tubular running services contract from Searah (Malaysia) Sdn Bhd for the latter’s west region operations.

East Asian LNG Prices Edge Higher On Heat, Geopolitical Risk -- Rystad Energy

KUALA LUMPUR, Aug 5 (Bernama) -- The East Asian liquefied natural gas (LNG) price for October delivery edged up 0.4 per cent week-on-week to US$20.4 per million British thermal units (MMBtu) on Aug 3, as geopolitical risk and extreme heat continued to support spot demand, according to Rystad Energy.

Kanadevia Inova Signs Casablanca Waste-to-Energy Concession 

KUALA LUMPUR, Aug 5 (Bernama) -- Kanadevia Inova AG (Inova) has signed a 33.5-year concession agreement for a waste-to-energy project in Casablanca, Morocco, covering the design, financing, construction and operation of the facility.

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)

KIOXIA GP Series SSD Wins FMS “Best Of Show” Award

KUALA LUMPUR, Aug 5 (Bernama) -- Kioxia Corporation announced that its KIOXIA GP Series PCIe NVMe solid-state drive (SSD) has received the FMS: the Future of Memory and Storage ‘Best of Show’ award in the ‘Specialized Storage’ category.

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.

Darwinbox Unveils AI-Native HCM Platform Cortex

KUALA LUMPUR, Aug 5 (Bernama) -- Darwinbox, a human capital management (HCM) platform, has unveiled Darwinbox Cortex, the artificial intelligence (AI)-native HCM platform rebuilt from the ground up for AI.