Automotive Component Makers Urged To Venture Into Humanoid Robotics, Firms To Get More Incentives For Localisation, R&D

KUALA LUMPUR, Aug 26 (Bernama) -- Deputy Minister of Investment, Trade and Industry, Sim Tze Tzin, has urged the local automotive components sector, particularly manufacturers of critical parts, to venture into the next frontier of technology by exploring opportunities in humanoid robotics.

Proton Targets 200,000 Sales In 2026 As xEV Share Reaches 17 Pct

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Aug 26 (Bernama) -- Proton Holdings Bhd expects its total vehicle sales to reach 200,000 units in 2026, which will mark its highest annual sales performance in 15 years, following a strong first-half (1H) performance.

Guan Chong's Net Profit Soars To RM253.02 Mln In 2Q

KUALA LUMPUR, Aug 24 (Bernama) -- Guan Chong Bhd's net profit surged to RM253.02 million in the second quarter (2Q) ended June 30, 2026 compared with RM48.20 million in 2Q last year.

Malaysian Pacific Industries’ AI-related Revenue To Exceed RM500 Mln Annually - CIMB Securities

KUALA LUMPUR, Aug 24 (Bernama) -- Malaysian Pacific Industries Bhd’s (MPI) revenue is expected to exceed RM500 million annually by financial year 2027 (FY2027), driven by artificial intelligence (AI)-related products, according to CIMB Securities Sdn Bhd.

NexG Welcomes Govt Decision Not To Acquire Datasonic Technologies 

KUALA LUMPUR, Aug 23 (Bernama) -- NexG Bhd and its subsidiary Datasonic Technologies Sdn Bhd (DTSB) have expressed their gratitude to the MADANI Government following its decision not to acquire DTSB.

ESG Reporting Opens New Opportunities For Malaysia’s IPO Market

By Siti Noor Afera Abu

KUALA LUMPUR, Aug 23 (Bernama) -- Malaysia’s initial public offering (IPO) market is entering a new phase to strengthen environmental, social and governance (ESG) disclosures as companies are required to provide more detailed information on their sustainability performance.

Rubber Market Expected To Trade Higher Next Week

By Abdul Hamid A Rahman

KUALA LUMPUR, Aug 22 (Bernama) -- The Malaysian rubber market is expected to trade higher next week, supported by stronger demand and concerns over potential supply constraints.

Maybank, SMF Partner To Accelerate Manufacturers' Growth Through JS-SEZ, ASEAN

JOHOR BAHRU, Aug 21 (Bernama) -- Maybank and the Singapore Manufacturing Federation (SMF) signed a memorandum of understanding (MoU) to expand access to the Johor-Singapore Special Economic Zone (JS-SEZ) and support its development as a mutually beneficial proposition for both countries and the broader ASEAN region.

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.

Economist Backs Hybrid SST, Calls For Input Tax Credit Mechanism

By K. Naveen Prabu

KUALA LUMPUR, Aug 20 (Bernama) -- An economist has backed the proposal for a hybrid sales and service tax (SST) system, saying the mechanism should incorporate input tax credits to reduce tax cascading.

GST Features In SST Can Ease Tax Cascading, Cost Pressures - FMM

KUALA LUMPUR, Aug 19 (Bernama) -- Incorporating selected Goods and Services Tax (GST) features into the existing Sales and Service Tax (SST) framework can help address tax cascading and cost pressures, the Federation of Malaysian Manufacturing (FMM) said.

ACE Market-bound GTA Holdings Aims To Raise RM71.75 Mln From IPO

KUALA LUMPUR, Aug 19 (Bernama) -- GTA Holdings Bhd, an aircraft engine maintenance, repair and overhaul (MRO) services provider, aims to raise RM71.75 million from its initial public offering (IPO).