Portfolio Restructuring Enhances TH's Capacity To Generate Consistent Returns

By Nurul Jannah Kamaruddin and Nur Aiman Najwa Dzamae

KUALA LUMPUR, Aug 13 (Bernama) -- Tabung Haji (TH) is now in a better position to consistently generate returns of between four and five percent -- or even higher -- without assuming excessive risk.

HLIB Expects Malaysia's 2Q GDP To Expand 5.9 Pct

KUALA LUMPUR, Aug 13 (Bernama) -- Malaysia's gross domestic product (GDP) for the second quarter of 2026 (2Q 2026) is expected to grow by 5.9 per cent, underpinned by stronger manufacturing and mining sectors.

iHerb Marks 30th Anniversary With Global Sale, Platform Expansion 

KUALA LUMPUR, Aug 13 (Bernama) -- iHerb, a global eCommerce retailer of vitamins, minerals, supplements and health and wellness products, is celebrating its 30th anniversary with its biggest sales event of the year and the addition of 10 newly supported languages to its shopping platform.

VSTECS Shares Rise 3.42 Pct In Early Trade After Firmer 2Q Results

KUALA LUMPUR, Aug 13 (Bernama) -- VSTECS Bhd’s share price rose 3.42 per cent in early trade today after the company announced its net profit for the second quarter of 2026.

NUR Power Recognised At National Energy Awards 2026 For Renewable Energy Enabler Technology

KUALA LUMPUR, Aug 12 (Bernama) -- NUR Power has been recognised at the National Energy Awards (NEA) 2026, securing a runner-up place in the Special Submission-Renewable Energy (RE) Enabler Technology category for its pioneering Pilot Battery Energy Storage System (BESS) at NUR Power’s West Substation in Kulim Hi-Tech Park.

Vstecs 2Q Net Profit Jumps 50 Pct To RM30.31 Mln On Strong Growth Across All Business Segments

KUALA LUMPUR, Aug 12 (Bernama) -- Vstecs Bhd’s net profit for the second quarter ended June 30, 2026 (2Q 2026) increased 50 per cent to RM30.31 million from RM20.17 million in the same period a year ago, underpinned by strength across all business segments.

Wolters Kluwer CPM Platform Streamlines Longcheer’s Finance Operations

KUALA LUMPUR, Aug 12 (Bernama) -- Wolters Kluwer, a global leader in professional information, software solutions and services, has announced the successful go-live of the CCH Tagetik Corporate Performance Management (CPM) platform at Longcheer, a global provider of intelligent products and services.

ACE Market-bound Pioneer Heat Aims To Raise RM21.68 Mln From IPO

KUALA LUMPUR, Aug 12 (Bernama) – Pioneer Heat Holdings Bhd aims to raise RM21.68 million from its initial public offering (IPO) following its listing on the ACE Market of Bursa Malaysia on Sept 17, 2026.

Services Sector Revenue Up 11.2 Pct To RM714.7 Bln In 2Q 2026 - DOSM

KUALA LUMPUR, Aug 12 (Bernama) -- The services sector expanded by 11.2 per cent year-on-year (y-o-y) in the second quarter of 2026 (2Q 2026), with revenue reaching RM714.7 billion, according to the Department of Statistics Malaysia (DOSM).

Wholesale, Retail Trade Sales Hit RM168.50 Bln In June 2026 -- DOSM

KUALA LUMPUR, Aug 12 (Bernama) -- Malaysia’s wholesale and retail trade increased 10.1 per cent year-on-year (y-o-y) in June 2026, with sales hitting RM168.5 billion, supported by positive growth across all three sub-sectors, according to the Department of Statistics Malaysia (DOSM).

Teleport, Avalon Airport Partner To Establish Victoria Operations Hub

KUALA LUMPUR, Aug 12 (Bernama) -- Capital A’s logistics venture and e-commerce logistics specialist, Teleport, has signed a partnership agreement with Avalon Airport Melbourne to establish Avalon as Teleport’s latest strategic operations hub in Victoria, Australia.

CGC Awards 2025 Honours MSME Resilience, Bumiputera Participation

KUALA LUMPUR, Aug 11 (Bernama) -- The 31st CGC Awards 2025 honoured 32 outstanding achievements by Malaysia’s micro, small and medium enterprises (MSMEs) and key players in the financial ecosystem.