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KUALA LUMPUR, Aug 7 (Bernama) -- Mongolian Mining Corporation is expected to record a consolidated net profit of between approximately US$100.0 million and US$110.0 million for the six months ended June 30, 2026, compared with a consolidated net loss of US$19.9 million reported for the same period in 2025. (US$1=RM4.08)
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.
KUALA LUMPUR, Aug 4 (Bernama) -- MNRB Holdings Bhd has proposed to divest its 100 per cent equity interest in its wholly-owned units, Takaful Ikhlas Family Bhd (Takaful IKHLAS Family) and Takaful Ikhlas General Bhd (Takaful IKHLAS General), to Rakyat Nominees Sdn Bhd for RM1.64 billion in cash, subject to adjustments.
KUALA LUMPUR, Aug 4 (Bernama) -- Investment holding company Capital A Bhd recorded growth across several key business segments in the second quarter (2Q) of 2026, driven by stronger performance in its engineering, logistics and travel-platform businesses.
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.
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.
KUALA LUMPUR, July 31 (Bernama) -- Fraser & Neave Holdings Bhd’s (F&N) net profit rose to RM93.58 million in the third quarter ended June 30, 2026 (3Q FY2026) compared to RM84.82 million in the same period a year ago, arising from lower tax expense for the quarter.
By M.Saraswathi
KUALA LUMPUR, July 29 (Bernama) -- Bank Negara Malaysia's annual Sasana Symposium took on a refreshingly different tone this year, with Governor Datuk Seri Abdul Rasheed Ghaffour departing from convention in his central bank address.
KUALA LUMPUR, July 29 (Bernama) -- The government has recorded nearly RM5 billion in savings as of July 14, 2026, from the implementation of expenditure control measures following the RM10 billion adjustment to the operating expenditure allocation for this year, said Deputy Finance Minister Liew Chin Tong.
KUALA LUMPUR, July 28 (Bernama) -- Bank Negara Malaysia (BNM) sees the country’s wage growth has lagged productivity growth and believes there is a need to review its wage-setting system, particularly how adjustments to the minimum wage translate into wages at higher levels.
KUALA LUMPUR, July 28 (Bernama) -- The planned integration between Korean Air and Asiana Airlines, a South Korean airline headquartered in Seoul, is expected to enhance network connectivity for Malaysian passengers transiting through Korean Air’s dedicated Terminal 2 at Seoul International Airport.
KUALA LUMPUR, July 22 (Bernama) -- Eco-shop Marketing Bhd’s net profit rose to RM264.56 million in the financial year ended May 31, 2026 (FY2026) compared with RM205.03 million registered in FY2025.
