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KUALA LUMPUR, Aug 26 (Bernama) -- Mah Sing Group Bhd’s wholly owned subsidiary Capitol Avenue Development Sdn Bhd has entered into conditional sale and purchase agreements to acquire several parcels of land in Ampang for a total consideration of RM186.17 million.
KUALA LUMPUR, Aug 26 (Bernama) -- Greater collaboration between the public and private sectors, insurers and hospitals is needed to tackle rising medical inflation and keep healthcare affordable, said Allianz Life Insurance Malaysia Bhd chief executive officer Giulio Slavich.
KUALA LUMPUR, Aug 26 (Bernama) -- Deputy Minister of Investment, Trade and Industry, Sim Tze Tzin, has urged the local automotive components sector, particularly manufacturers of critical parts, to venture into the next frontier of technology by exploring opportunities in humanoid robotics.
KUALA LUMPUR, Aug 26 (Bernama) -- Financial advisory firm IPPFA Sdn Bhd has raised Malaysia's gross domestic product (GDP) growth forecast for 2026 to 5.4 per cent from 4.6 per cent previously.
KUALA LUMPUR, Aug 26 (Bernama) -- Bank Islam Malaysia Bhd's net profit for the second quarter ended June 30, 2026 (2Q 2026) rose by 9.8 per cent to RM139.12 million from RM126.68 million a year ago, driven by higher net income and lower total overheads.
KUALA LUMPUR, Aug 26 (Bernama) -- Bursa Malaysia remained higher at midday, in line with most regional markets, supported by easing US Treasury yields and softer oil prices.
KUALA LUMPUR, Aug 26 (Bernama) -- UOB Malaysia, RHB Banking Group (RHB) and Malayan Banking Bhd (Maybank) have successfully executed the first Malaysia Overnight Rate (MYOR)-based three-month interbank money market transaction, incorporating a two-day lookback calculation convention.
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Aug 26 (Bernama) -- Malaysia’s automotive industry has room to further leverage the country’s strong electrical and electronics (E&E) ecosystem as vehicles increasingly shift toward electrical and electronic components, according to Proton Holdings Bhd.
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Aug 26 (Bernama) -- Proton Holdings Bhd expects its total vehicle sales to reach 200,000 units in 2026, which will mark its highest annual sales performance in 15 years, following a strong first-half (1H) performance.
KUALA LUMPUR, Aug 26 (Bernama) -- Petronas Dagangan Bhd’s share price rose 1.60 per cent in early trade on Wednesday after the company posted a higher net profit in the second quarter ended June 30, 2026 (2Q 2026).
KUALA LUMPUR, Aug 26 (Bernama) -- Bursa Malaysia opened higher on Wednesday, supported by resilient domestic fundamentals, although cautious sentiment amid the ongoing earnings season might cap gains.
KUALA LUMPUR, Aug 26 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contracts on Bursa Malaysia Derivatives opened higher on Wednesday.
