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Ringgit Up Against Greenback On Softer US Treasury Yields Ahead Of Jackson Hole Meeting

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Aug 26 (Bernama) -- The ringgit ended higher against the greenback on Wednesday, supported by softer US Treasury yields ahead of the US Federal Reserve’s (Fed) Jackson Hole symposium.

IJM's 1Q FY2027 Net Profit Rises To RM137.39 Mln, Driven By Construction, Manufacturing And Quarrying

KUALA LUMPUR, Aug 26 (Bernama) -- IJM Corporation Bhd’s (IJM Corp) net profit for the first quarter ended June 30, 2026 (1Q FY2027) rose to RM137.39 million from RM95.60 million registered in the same period last year, driven by the construstion and manufacturing and quarrying divisions.

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.

Tempo Software Launches AI Workforce Intelligence App For Jira

KUALA LUMPUR, Aug 26 (Bernama) -- Tempo Software has launched Workforce Intelligence, an Atlassian Marketplace app that provides an accurate, work item-level view of artificial intelligence (AI) activity across organisations, establishing an attribution solution to measure and verify the return on investment (ROI) of human and AI productivity outcomes.

Joint Efforts Needed To Curb Medical Inflation, Keep Healthcare Affordable -- Allianz

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.

Nessum Technology Expands Into HVAC, Smart Grid Applications

KUALA LUMPUR, Aug 26 (Bernama) -- Nessum Alliance has expanded Nessum technology in commercial heating, ventilation, and air conditioning (HVAC) and smart grid applications through deployments by Alliance members Daikin Industries Ltd and Power Plus Communications AG (PPC).

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.

Vocalbeats.AI Applications Reach Top-Grossing Charts Globally

KUALA LUMPUR, Aug 26 (Bernama) -- Vocalbeats.AI announced that its flagship applications, Owll and Owll Translator, have built international momentum with leading positions on their respective Apple App Store top-grossing charts across North America, Europe and Asia-Pacific.

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.

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.

Agriculture, Logistics To See Immediate Impact From Low-altitude Economy -- CAAM

KUALA LUMPUR, Aug 25 (Bernama) -- Agriculture and logistics are expected to experience the most immediate impact from the development of Malaysia’s low-altitude economy (LAE), according to the Civil Aviation Authority of Malaysia (CAAM).

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.