TNB Commences Development Of 500kV National Grid Backbone, Reinforcing Malaysia’s Energy Security, Transition

KUALA LUMPUR, Aug 28 (Bernama) -- Tenaga Nasional Bhd (TNB) marked another significant achievement in its commitment to building a future-ready energy infrastructure with the commencement of a new 500-kilovolt (kV) National Grid Backbone transmission line – a strategic infrastructure project that will reinforce national energy security, accelerate energy transition and accommodate the nation’s future electricity needs.

PIP Handles 100,000 TEU In Four-and-a-half Months

PADANG BESAR, Aug 28 (Bernama) -- The Tuanku Syed Sirajuddin Free Trade Zone - Perlis Inland Clearance Depot (PIP) has handled 100,000 twenty-foot equivalent units (TEUs) of cargo in the four-and-a-half months since it began full operations in April.

Malaysia’s AI Transformation Should Prioritise Education, Healthcare -- Senator

From Abdul Hamid A Rahman

GUIYANG, China, Aug 28 (Bernama) -- Malaysia’s push towards artificial intelligence (AI) should place human empowerment and dignity at its core as the country accelerates adoption of the technology across key sectors, particularly education and healthcare.

Ringgit Opens Higher Against US Dollar

KUALA LUMPUR, Aug 28 (Bernama) -- The ringgit opened higher against the US dollar on Friday amid cautious sentiment ahead of signals from the United States Federal Reserve (US Fed) at the annual Jackson Hole Symposium, said an analyst. 

KSL 2Q Net Profit Climbs To RM115.73 Mln On Resilient Property Demand

KUALA LUMPUR, Aug 27 (Bernama) -- KSL Holdings Bhd’s net profit increased to RM115.73 million in the second quarter ended June 30, 2026 (2Q 2026) compared to RM113.06 million in the same quarter a year ago. 

Sunway 2Q Net Profit Rises To RM318.59 Mln On Stronger Operations

KUALA LUMPUR, Aug 27 (Bernama) -- Sunway Bhd’s net profit for the second quarter of 2026 (2Q 2026) ended June 30, 2026 rose to RM318.59 million from RM272.95 million in the same quarter last year mainly due to stronger operating performance across most of the business segments except for construction, trading and manufacturing segments.

IOI Proeprties Posts Higher FY2026 Net Profit Of RM2.15 Bln

KUALA LUMPUR, Aug 27 (Bernama) -- IOI Properties Bhd’s net profit for the financial year ended June 30, 2026 (FY2026) rose to RM2.15 billion from RM1.06 billion last year, while revenue grew 45 per cent to RM4.44 billion from FY2025’s RM3.06 billion.

IOI Properties Posts Higher FY2026 Net Profit Of RM2.15 Bln

KUALA LUMPUR, Aug 27 (Bernama) -- IOI Properties Bhd’s net profit for the financial year ended June 30, 2026 (FY2026) rose to RM2.15 billion from RM1.06 billion last year, while revenue grew 45 per cent to RM4.44 billion from FY2025’s RM3.06 billion.

Petron Malaysia Records Net Loss of RM34.48 Mln In 2Q 2026

KUALA LUMPUR, Aug 27 (Bernama) -- Petron Malaysia Refining & Marketing Bhd (Petron Malaysia) recorded a net loss of RM34.48 million in the second quarter ended June 30, 2026 (2Q 2026) compared to a net profit of RM40.51 million in the same quarter a year ago. 

Eco Ardence, Missi Care Sign Mou To Establish 24-hour Care Hub

SHAH ALAM, Aug 27 (Bernama) -- Eco Ardence and Missi Care Sdn Bhd have signed a memorandum of understanding (MoU) to establish a 24-hour Care Hub at the township’s first low-rise villas, with Missi Care appointed as the exclusive operator of the Care Hub.

TNB Delivers Resilient 1H 2026 Performance, Protecting Rakyat Amid West Asia Volatility

KUALA LUMPUR, Aug 27 (Bernama) -- Tenaga Nasional Bhd (TNB) continued to demonstrate resilient performance for the first half of the financial year ended June 30, 2026 (1H 2026), reaffirming its ability to deliver reliable and secure electricity, strengthening national energy security and advancing Malaysia’s energy transition amid a dynamic global energy landscape.

Ringgit Ends Lower Against Greenback On Cautious Sentiment Ahead Of Fed Meeting

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Aug 27 (Bernama) -- The ringgit ended lower against the greenback on Thursday amid cautious sentiment ahead of the US Federal Reserve’s (Fed) Jackson Hole symposium.