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FedEx Strengthens Malaysia’s Connectivity With New Guangzhou-Sydney Non-stop Freighter Service

KUALA LUMPUR, Aug 4 (Bernama) -- Global transportation company Federal Express Corporation (FedEx) has launched its new Guangzhou-Sydney service route that will strengthen trade connectivity into Australia from key markets across Asia, including Malaysia.

MG Ship Unveils AI-Powered Logistics Tracking Platform

KUALA LUMPUR, Aug 4 (Bernama) -- MG Ship (MGS) has launched an artificial intelligence (AI)-powered multimodal tracking platform to help retailers and manufacturers improve visibility, reduce disruptions and optimise inventory across global supply chains.

2PointZero Reports Strong First Half Revenue, Net Profit

KUALA LUMPUR, Aug 4 (Bernama) -- Abu Dhabi-based investment holding firm, 2PointZero Group has reported revenue of 21.9 billion Emirati dirham and a group net profit of 7.7 billion Emirati dirham for the first half of 2026. (100 Emirati dirham = RM111.58)

Ringgit Opens Higher Against Major Currencies, Nearly Unchanged Against US Dollar

KUALA LUMPUR, Aug 4 (Bernama) -- The ringgit opened higher against other major currencies and was almost unchanged versus the US dollar on Tuesday following the release of the US Institute for Supply Management (ISM) Manufacturing PMI data.

Indonesia Eyes US$20 Bln In Bilateral Trade With Thailand Under Strategic Roadmap

JAKARTA, Aug 3 (Bernama) -- Indonesia is optimistic about achieving US$20 billion in bilateral trade with Thailand by 2030 following the adoption of the Indonesia-Thailand Strategic Partnership Roadmap 2026-2030 on Monday.

Ringgit Ends Lower Against US Dollar, Major Currencies As US Treasury Yields Rise

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Aug 3 (Bernama) -- The ringgit ended lower against the greenback and other major currencies on Monday, pressured by rising United States Treasury yields and renewed uncertainty over the path of US monetary policy.

LYC Healthcare Faces Possible Trading Suspension Due To Delay In Submitting Annual Report

KUALA LUMPUR, Aug 3 (Bernama) --  LYC Healthcare Bhd (LYC) faces a possible trading suspension after the company failed to submit its annual report that includes the annual audited financial statements together with the auditors' and directors' reports for the financial year ended March 31, 2026.

Sabah's 2025 Trade Hits RM105.5 Bln, Stays Above RM100 Bln For Fourth Year -- DOSM

KOTA KINABALU, Aug 3 (Bernama) -- Sabah's total trade stood at RM105.5 billion in 2025, remaining above the RM100 billion mark for a fourth consecutive year despite global economic uncertainties, according to the Department of Statistics Malaysia (DOSM).

Tenaga Nasional Deeply Committed To Energy Sovereignty – TNB Genco Managing Director

By Mikhail Raj Abdullah

KUALA LUMPUR, Aug 3 (Bernama) -- Tenaga Nasional Bhd is deeply committed to energy sovereignty by strengthening resilience, safeguarding energy security and accelerating sustainable growth.

Nippon Paint China Makes ARCHIDEX 2026 Debut As It Eyes Southeast Asian Markets

KUALA LUMPUR, Aug 3 (Bernama) – As Southeast Asia accelerates the adoption of green building standards and upgrades its manufacturing base, demand for energy-saving and efficiency-enhancing technologies in the construction and industrial sectors continues to grow, creating new opportunities for Chinese building materials companies to expand across the region.

Maybank To Fully Own Maybank Ageas Holdings In RM4.83 Bln Deal

KUALA LUMPUR, Aug 3 (Bernama) -- Malayan Banking Bhd (Maybank) has entered into an Implementation Agreement (IA) with Ageas Insurance International NV (Ageas) to acquire the remaining 30.95 per cent stake in Maybank Ageas Holdings Bhd (MAHB) for RM4.83 billion, paving the way for full ownership of the insurance and takaful holding company.

Perodua Cuts Axia Prices, Passes Operational Savings To Customers

KUALA LUMPUR, Aug 3 (Bernama) -- Perusahaan Otomobil Kedua Sdn Bhd (Perodua) has today reduced the price of its Axia model, Malaysia's most affordable compact car model, by up to RM4,700, effective immediately.