Ringgit Opens Slightly Higher Versus Greenback Amid Soft US Data
KUALA LUMPUR, Aug 5 (Bernama) -- Ringgit opened slightly higher against the US dollar on Wednesday, supported by weaker-than-expected US economic data that weighed on the greenback.
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Govt Eyes Seawater Desalination To Support Industrial Needs - PETRA
KUALA LUMPUR, Aug 4 (Bernama) — The government is exploring the potential of seawater desalination technology as an alternative source to support industries with high water demand, including data centres.
EU-CBAM Implementation Costs For Malaysia's Iron, Steel Industry Could Reach RM970.7 Mln In 2026
KUALA LUMPUR, Aug 4 (Bernama) -- A study by the Malaysian Steel Institute (MSI) estimates that costs associated with implementing the European Union’s Carbon Border Adjustment Mechanism (EU-CBAM) could reach RM970.7 million for Malaysia’s iron and steel industry in 2026, with the cost expected to rise progressively in subsequent years.
Healthcare, Financial Services Lift Bursa Malaysia Higher At The Close
KUALA LUMPUR, Aug 4 (Bernama) -- Bursa Malaysia closed at its intraday high on Tuesday, with gains led by the financial services and healthcare sectors, as investors rotated back into defensive and domestic-oriented sectors amid improving global risk appetite, an analyst said.
MSMEs Do Not Need To Modify Systems Under Statistics Bill 2026 -Deputy Minister
KUALA LUMPUR, Aug 4 (Bernama) -- Micro, small and medium enterprises (MSMEs) will not need to modify their existing systems or develop new applications to comply with the implementation of the Statistics Bill 2026, Deputy Economy Minister Datuk Indera Mohd Shahar Abdullah said.
CAAM Seeks Public, Industry Feedback On Low Altitude Economy Framework
PUTRAJAYA, Aug 4 (Bernama) -- The Civil Aviation Authority of Malaysia (CAAM) has invited industry players, government agencies, academia and members of the public to submit feedback by Sept 2 on a proposed national framework that will chart the country's Low Altitude Economy (LAE).
Bursa Malaysia Stays Higher At Mid-Afternoon
KUALA LUMPUR, Aug 4 (Bernama) -- Bursa Malaysia remained higher at mid-afternoon, in line with most regional markets although sentiment stayed cautious amid ongoing West Asia conflict.
Malaysia Needs To Look Beyond Data Centres To Attract Global Capital
KUALA LUMPUR, Aug 4 (Bernama) -- Malaysia needs to move beyond data centres and nurture larger listed technology companies to attract global portfolio investment, said Principal Asset Management Bhd chief executive officer Munirah Khairuddin.
Hainan Delegation Strengthens ASEAN Trade Cooperation
KUALA LUMPUR, Aug 4 (Bernama) -- An economic and trade delegation from Hainan Province, China, recently concluded a five-day visit to Thailand and Indonesia, promoting Hainan Free Trade Port policies, key industrial parks and investment opportunities.
Malaysia Poised To Capture Major Real Estate Growth Amid Region's Structural Transformation - JLL
KUALA LUMPUR, Aug 4 (Bernama) -- Malaysia is emerging as a key beneficiary of Southeast Asia's structural transformation as the region shifts from cyclical recovery, according to Jones Lang LaSalle IP Inc (JLL).
Malaysia's Business Events Industry To Generate RM34.97 Bln economic Impact By 2030
KUALA LUMPUR, Aug 4 (Bernama) -- Malaysia's business events industry is projected to generate a cumulative economic impact of RM34.97 billion by 2030, driven by ongoing and strategic initiatives, said Tourism, Arts and Culture Minister Datuk Seri Tiong King Sing.
Bursa Malaysia Higher At Midday, Tracking Wall Street's Cues
KUALA LUMPUR, Aug 4 (Bernama) -- Bursa Malaysia was higher at midday, tracking overnight gains on Wall Street amid geopolitical uncertainties.