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Govt Will Not Consider Core GST Principle, Open To Adjusting SST -- PM Anwar

KUALA LUMPUR, Aug 20 (Bernama) -- The government will not consider the basic principle of the Goods and Services Tax (GST) as a broad-based tax, while remaining open to making adjustments to improve the implementation of the Sales and Service Tax (SST), Prime Minister Datuk Seri Anwar Ibrahim said.

Malaysia Seeks REE Investors To Share Technology, Develop Full Supply Chain - Johari

IPOH, Aug 20 (Bernama) -- Malaysia wants investors exploring rare earth element (REE) opportunities in the country to bring and share their technology and participate directly across the entire supply chain, from upstream to downstream activities.

Ryt Bank Marks First Anniversary With 1.5 Mln Customers

KUALA LUMPUR, Aug 20 (Bernama) -- Ryt Bank has marked its first anniversary with more than 1.5 million customers, making it Malaysia's largest digital bank within its first year of operations.

BMI Raises 2026 Average CPO Price Forecast To RM4,453 On Tight Supply

KUALA LUMPUR, Aug 20 (Bernama) -- BMI, a Fitch Solutions company, has raised its 2026 average price forecast for front-month crude palm oil (CPO) futures listed on Bursa Malaysia to RM4,453 per tonne, up from RM4,300 per tonne forecast it had maintained since October 2025.

Xsolla, AccelByte Unveil Integrated Game Backend, Payment Solutions

KUALA LUMPUR, Aug 20 (Bernama) -- Xsolla, a global video game commerce company, has introduced integrated backend solutions for game developers through a founding partnership with AccelByte, a fully managed extensible games backend platform.

Gas Malaysia Second Quarter Net Profit Falls To RM72.52 Mln

KUALA LUMPUR, Aug 19 (Bernama) – Gas Malaysia Bhd’s net profit for the second quarter ended June 30, 2026 (2Q 2026) fell to RM72.52 million from RM99.12 million in the corresponding quarter last year.

S P Setia Second Quarter Net Profit Eases To RM98.05 Mln

KUALA LUMPUR, Aug 19 (Bernama) -- S P Setia Bhd posted a lower net profit of RM98.05 million in the second quarter ended June 30, 2026, compared with RM99.80 million in the same quarter a year ago.

Standard Fire Policies Cover EV-Related Fire Damage - PIAM

KUALA LUMPUR, Aug 19 (Bernama) -- Standard house owner and fire insurance policies in Malaysia cover specified perils, including fire damage, “regardless of the ignition source.”

Malaysia GDP Can Grow Above 5 Pct In 2026, Expectation Not Overly Optimistic - Economist

By Harizah Hanim Mohamed

KUALA LUMPUR, Aug 19 (Bernama) -- Expectations for Malaysia’s economy to grow by more than five per cent in 2026 are not overly optimistic, given its strong first-half performance, resilient global trade and rising foreign direct investment (FDI), particularly in data centres, semiconductors and artificial intelligence (AI).

Penang Port Explores AI To Drive Smarter, Greener Operations

GEORGE TOWN, Aug 19 (Bernama) -- Penang Port Commission (PPC) is exploring the use of artificial intelligence (AI) to optimise port operations, reduce equipment idling and energy consumption, and accelerate its transformation into a smarter, lower-carbon maritime hub.

JS-SEZ Drives Shift To 'Cross-border Innovation', Says Automationsg

JOHOR BAHRU, Aug 19 (Bernama) -- The Johor-Singapore Special Economic Zone (JS-SEZ) serves as a transformative regional gateway by unlocking structural synergies between the two economies, shifting the paradigm from basic cross-border trade to cross-border innovation.

HLIB Expects National OEMs To Sustain Sales Momentum In 2H 2026

KUALA LUMPUR, Aug 19 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) expects national original equipment manufacturers (OEMs) to sustain their sales momentum in the second half of 2026 (2H 2026).