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MIDA, MUFG Bank Partner To Accelerate Malaysia's High-Value Investment

KUALA LUMPUR, Aug 8 (Bernama) -- The Malaysian Investment Development Authority (MIDA) and global banking subsidiary MUFG Bank (Malaysia) Bhd have entered into a strategic partnership to accelerate high-value investment in Malaysia.

Ascott, Coronade Properties Ink Hotel Management Agreement For Coronation Square

SINGAPORE, Aug 8 (Bernama) -- Singapore-headquartered hospitality firm The Ascott Ltd has been appointed by Coronade Properties Sdn Bhd to manage the hotel component of the Coronation Square integrated development in Johor Bahru.

WORQ Expands TOD Co-working Spaces Amid Hybrid Work Boom

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Aug 8 (Bernama) -- The growing shift towards hybrid and flexible working arrangements are driving demand for accessible, well-equipped co-working spaces in Malaysia’s urban centres. 

ASEAN Must Reframe Economic Strategy Amid Global Polycrisis - Liew

KUALA LUMPUR, Aug 8 (Bernama) -- The Association of Southeast Asian Nations (ASEAN) needs to undertake a bold re-framing of its economic strategy as the region navigates a complex polycrisis, said Deputy  Investment, Trade and Industry Minister Liew Chin Tong.

Rubicon Closes First Round For Opportunistic Fund II, Eyes Bay Area Rebound

KUALA LUMPUR, Aug 8 -- Rubicon Point Partners (Rubicon) has announced the first closing of its Rubicon Point Fund II, a real estate investment vehicle targeting special situation opportunities across the West Coast of the United States, with a strategic focus on the San Francisco Bay Area.

GX Bank Strengthens Role In Serving Underserved, Eyes Micro Merchant Segment

KUALA LUMPUR, Aug 8 (Bernama) -- GX Bank Bhd is strengthening its role in advancing financial inclusion, with around 60 per cent of its customer base comprising underserved segments, including individuals from the bottom 40 per cent (B40) income bracket and 10 per cent from the gig economy.

Ringgit Rises Vs Greenback On Stronger Odds Of US Rate Cut

KUALA LUMPUR, Aug 8 (Bernama) -- The ringgit opened firmer against the US dollar on Friday, extending gains, after United States (US) economic data reinforced expectations of an imminent interest rate cut at the Federal Reserve’s next policy meeting, an economist said.

Pahang Records RM4 Bln Investments In 1h 2025, Highest Among East Coast States

KUANTAN, July 16 (Bernama) -- The Pahang state government has recorded RM4 billion in realised investments in the first half (1H) of 2025, the highest in the East Coast region, said Menteri Besar Datuk Seri Wan Rosdy Wan Ismail.

Business Events Instrumental To Achieve Tourism Targets Under 13MP -- Ahmad Zahid

KUALA LUMPUR, Aug 7 (Bernama) -- Business events will be instrumental for Malaysia to achieve its targets of 35.6 million tourist arrivals and RM147 billion in total receipts during Visit Malaysia Year 2026, as well as a 16 per cent contribution to gross domestic product from the tourism sector during the 13th Malaysia Plan (13MP) period. 

Mah Sing Acquires Corus Hotel Site For RM260 Mln

KUALA LUMPUR, Aug 7 (Bernama) -- The MUI Group and Mah Sing Group Bhd (Mah Sing) have inked a strategic agreement which saw the MUI Group divesting its prime 600.96-hectare freehold parcel of land in the heart of KLCC precinct to the latter for RM260 million.

Persistent Buying In Heavyweights Lifts Bursa Malaysia To End At Intraday High

By Danni Haizal Danial Donald

KUALA LUMPUR, Aug 7 -- Bursa Malaysia rebounded from a subdued morning session to close at its intraday high on Thursday, driven by sustained buying interest in selected heavyweights, particularly in the utilities and technology sectors, amid upbeat regional markets.

Investment Commitments Do Not Involve Public Funds, Will Not Increase Fiscal Burden - Tengku Zafrul

KUALA LUMPUR, Aug 7 (Bernama) -- Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz has reiterated that all purchase and investment commitments offered by Malaysia in the tariff negotiations with the United States (US) are commercial dealings by private companies and government-linked companies (GLCs), without involving any public funds or increasing the country's fiscal burden or debt.