Keyfield Announces US$24.7 Mln Inai Kenanga Acquisition

KUALA LUMPUR, Aug 27 (Bernama) -- Keyfield International Bhd has acquired Inai Kenanga, a mega trailing suction hopper dredger, for a cash consideration of US$24.7 million (US$1=RM4.02). 

CPO Futures Close Lower Tracking Weaker Vegetable Oil Prices

By Danni Haizal Danial Donald

KUALA LUMPUR, Aug 26 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended lower on Wednesday, tracking the weaker global vegetable oil prices following Malaysia’s public holiday yesterday.

Bursa Malaysia Ends Higher As YTL, Banking Counters Lift Market

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Aug 26 (Bernama) -- Bursa Malaysia ended higher on Wednesday, in line with most regional markets, as lower oil prices eased inflationary pressure and improved risk appetite, with buying interest mainly focused on YTL-related and banking counters, an analyst said.

Rubber Market Ends Higher

By Danni Haizal Danial Donald

KUALA LUMPUR, Aug 26 (Bernama) -- The rubber market closed higher on Wednesday as concerns over supply disruptions stemming from El Nino and resilient demand from the United States automotive sector supported market sentiment, said a dealer.

IPPFA Raises Malaysia’s 2026 GDP Growth Forecast To 5.4 Pct

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.

Bursa Malaysia Stays Higher At Midday

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.

Digital Realty Secures Provisional 50 MW For Singapore Data Centre

KUALA LUMPUR, Aug 26 (Bernama) -- Digital Realty has been selected under Singapore’s second Data Center Call for Application (DC-CFA2), with a provisional allocation of 50 megawatts (MW) to develop a new data centre at Jurong Town Corporation’s low-carbon data centre park on Jurong Island.

Bursa Malaysia Opens Higher On Resilient Domestic Fundamentals

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.

Shipping, Logistics Ecosystem Needs Investment To Keep Pace With Cargo Growth -- SAM

KUALA LUMPUR, Aug 26 (Bernama) -- Malaysia needs to address the lack of investment across its shipping and logistics ecosystem as gateway cargo grows while capacity in supporting industries shrinks, said Shipping Association Malaysia (SAM) chairman Ooi Lean Hin.

Asia-Pacific Airlines To Maintain Growth Despite Cost Headwinds - S&P

KUALA LUMPUR, Aug 25 (Bernama) -- Asia-Pacific airlines are strengthening their defences against industry headwinds by continuing to invest heavily in fuel-efficient aircraft, supported by long-term demand prospects, lower debt following the pandemic and a diverse funding mix, S&P Global Ratings said.

SunCon 2Q Net Profit Rises To RM103.58 Mln

KUALA LUMPUR, Aug 24 (Bernama) -- Sunway Construction Group Bhd’s (SunCon) net profit for the second quarter ended June 30, 2026 (2Q 2026) increased to RM103.58 million from RM83.89 million a year earlier, driven by contributions from all segments.

Bursa Malaysia Ends Flat As Market Awaits Earnings For Direction

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Aug 24 (Bernama) -- Bursa Malaysia ended marginally lower on Monday as investors awaited further corporate earnings results for clearer market direction, an analyst said.