CPO Futures End Week Higher For Fifth Straight Session

By Abdul Hamid A Rahman

KUALA LUMPUR, Aug 21 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended higher on Friday, extending gains for a fifth consecutive session, supported by firmer soybean oil futures on the Chicago Board of Trade (CBOT).

Maybank, SMF Partner To Accelerate Manufacturers' Growth Through JS-SEZ, ASEAN

JOHOR BAHRU, Aug 21 (Bernama) -- Maybank and the Singapore Manufacturing Federation (SMF) signed a memorandum of understanding (MoU) to expand access to the Johor-Singapore Special Economic Zone (JS-SEZ) and support its development as a mutually beneficial proposition for both countries and the broader ASEAN region.

FBG Holdings Seeks To Cease Medicity Collaboration With Penang Development Corp

KUALA LUMPUR, Aug 21 (Bernama) -- FBG Holdings Bhd is seeking to cease its collaboration with Penang Development Corporation (PDC) for the proposed MediCity joint development project in Batu Kawan, Penang.

KPJ Healthcare MD Resigns, Effective Sept 1, 2026

KUALA LUMPUR, Aug 21 (Bernama) -- KPJ Healthcare Bhd president and managing director (MD) Chin Keat Chyuan, 52, has resigned from his positions, effective Sept 1, 2026, to pursue other interests.

Gold Futures End Higher On Weaker US Dollar, Yield Concerns

KUALA LUMPUR, Aug 21 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher today, buoyed by a weaker greenback and efforts by the United States Treasury Department to keep longer-term yields low.

Bank Islam Announces Retirement Of Chairman Ismail Bakar

KUALA LUMPUR, Aug 21 (Bernama) -- Bank Islam Malaysia Bhd has announced the retirement of its chairman, Tan Sri Dr Ismail Bakar, effective Aug 22, 2026, after six years on the board.

Khee San Subsidiary’s Six Bank Accounts Frozen Amid AMLA Investigation

KUALA LUMPUR, Aug 21 (Bernama) -- Six bank accounts belonging to Khee San Bhd’s wholly owned subsidiary Khee San Food Industries Sdn Bhd (KSFI), have been frozen following an investigation under the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 (AMLA).

MNRB Net Profit Rises To RM183.75 Mln In 1Q FY2027

KUALA LUMPUR, Aug 21 (Bernama) -- MNRB Holdings Bhd’s net profit rose to RM183.75 million in the first quarter ended June 30, 2026 (1Q FY2027) from RM168.43 million in 1Q 2026 due to better contributions from the reinsurance, family takaful and retakaful businesses.

Allianz Malaysia Net Profit Rises To RM218.65 Mln In 2Q FY2026

KUALA LUMPUR, Aug 21 (Bernama) -- Allianz Malaysia Bhd's net profit for the second quarter ended June 30, 2026 (2Q FY2026) increased to RM218.65 million versus RM214.04 million in the same quarter last year. 

KLCI Futures End Higher

KUALA LUMPUR, Aug 21 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives closed higher on Friday.

Ringgit Ends Week On Strong Footing As US Bond Market Concerns Weigh On US Dollar

By Zufazlin Baharuddin

KUALA LUMPUR, Aug 21 (Bernama) -- The ringgit ended the week on a strong footing against the US dollar despite higher United States Treasury yields.

EV Localisation Policy Should Strengthen Industry, Not Restrict Competition -- Penang CM

BATU KAWAN, Aug 21 (Bernama) – Malaysia’s electric vehicle (EV) localisation policy should strengthen the domestic industry without restricting competition, consumer choice or investor confidence.