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DPS Resources Unit Inks MoU With Hangyue For Melaka Data Centre Colocation

KUALA LUMPUR, Aug 7 (Bernama) -- DPS Resources Bhd’s wholly-owned subsidiary, Shantawood Sdn Bhd, has inked a memorandum of understanding (MoU) with Hangyue Intelligent Electrical Co. Ltd to establish a long-term strategic partnership in digital energy infrastructure, data centres, industrial development and related projects in Malaysia.

Ringgit Eases Against US Dollar As Investors Await Key Us Data

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Aug 7 (Bernama) -- The ringgit ended the week marginally lower against the US dollar as investors remained cautious ahead of the release of key United States (US) labour market data, while expectations over the US Federal Reserve's (Fed) interest rate path continued to support the greenback, analysts said.

Selangor Targets RM14,500 Median Household Income Under RS-2

SHAH ALAM, Aug 7 (Bernama) -- The Selangor government is targeting to raise the state’s median monthly household income to RM14,500 and reduce the unemployment rate to 2.2 per cent under the Second Selangor Plan (RS-2).

Malaysia Needs To Focus On Boosting Financial Ecosystems To Help Local Firms Grow -- Amir Hamzah

PUTRAJAYA, Aug 7 (Bernama) -- Malaysia does not need to create new investment funds but rather focus on strengthening ties between existing financing ecosystems to help local companies grow, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Fortude's AI-Driven Delivery Model Shortens ERP Implementation Timelines

KUALA LUMPUR, Aug 7 (Bernama) -- Fortude, a global digital solutions company, has introduced its artificial intelligence (AI)-driven delivery model for Infor CloudSuite implementations.

KWAP’s Dana Pemacu Invests RM51 Mln To Develop Local One-stop Nutraceutical Products Supplier, Brand Owner

KUALA LUMPUR, Aug 7 (Bernama) -- Retirement Fund Inc (KWAP) has invested RM51 million in 2025 into a one-stop nutraceutical products supplier and brand owner in Malaysia, in its effort to develop the nation’s private markets ecosystem via Dana Pemacu.

Jelawang Capital, Dana Perintis Channel RM588 Mln Into Malaysian Startups In 2025

KUALA LUMPUR, Aug 7 (Bernama) – Khazanah Nasional Bhd’s (Khazanah) Jelawang Capital and the Retirement Fund Inc’s (KWAP) Dana Perintis anchored the venture stage, channelling RM588 million into startups across the consumer, digital, agritech and edtech sectors in 2025.

Mary Kay Reaffirms Global Women Empowerment Commitment

KUALA LUMPUR, Aug 7 (Bernama) -- Mary Kay Inc has reaffirmed its commitment to enriching women’s lives worldwide through its signature Pink Changing Lives Program, a global initiative that combines purpose-driven giving with cause marketing to create meaningful and measurable impact across communities.

GLICs Channel About RM7.15 Bln For ‘Made By Malaysia’ Economy

KUALA LUMPUR, Aug 7 (Bernama) -- The Government-linked investment companies (GLICs) deployed RM7.158 billion in patient capital to build the industries behind a 'Made by Malaysia' economy, where domestic enterprises own the higher rungs of global production rather than simply assembling products at its base.

GEAR-uP Set To Deliver Greater Impact To Rakyat In 2026, 2027 -- MoF

KUALA LUMPUR, Aug 7 (Bernama) -- Malaysia can expect to see the benefits of the Government-Linked Enterprises Activation and Reform Programme (GEAR-uP) materialise as the deployment of the RM120 billion in committed funds accelerates, with a significant amount of work already underway for 2026 and 2027.

GLCs, GLICcs Drive Bumiputera Growth Through RM49 Bln Procurement, Wealth Initiatives

KUALA LUMPUR, Aug 7 (Bernama) -- Government-linked companies (GLCs) and government-linked investment companies (GLICs) have together backed up Bumiputera firms through procurement, growth capital, public listings and capability-building initiatives under the Government-Linked Enterprises Activation and Reform Programme (GEAR-uP) agenda.

GLICs Deploy RM20.3 Bln Under GEAR-uP In 2025, Uplifting Rakyat

KUALA LUMPUR, Aug 7 (Bernama) -- The Government-Linked Enterprises Activation and Reform Programme (GEAR-uP), which is entering its third year, saw government-linked investment companies (GLICs) allocating and deploying RM 20.3 billion domestically.