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Ringgit Expected To Remain Well Supported Next Week Ahead Of BNM OPR Decision

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Aug 29 (Bernama) -- The ringgit is expected to remain well supported next week ahead of Bank Negara Malaysia’s (BNM) Monetary Policy Committee meeting on Sept 3, with the central bank widely expected to keep the Overnight Policy Rate (OPR) at 2.75 per cent.

Rubber Market Expected To Remain Firm Next Week On Limited Supply

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, Aug 29 (Bernama) -- The Kuala Lumpur rubber market is seen to remain firm with a slight upward bias next week, supported by expectations of limited supply of the commodity amid adverse weather conditions.

Zetrix AI Group Denies Association With Graft Charges

KUALA LUMPUR, Aug 28 (Bernama) -- Zetrix AI Group Bhd has denied any involvement or association with the former Human Resources Minister Datuk Seri M. Saravanan following rumours linking the company to the graft charges brought against him today.

Berjaya Corp Reduces Net Loss To RM340.36 Mln In FY2026

KUALA LUMPUR, Aug 28 (Bernama) -- Berjaya Corporation Bhd (BCorp) reduced its net loss to -RM340.36 million for the financial year ended June 30, 2026 (FY2026) from -RM541.97 million in FY2025.

Yinson In Talks On Potential Privatisation At RM2.35 A Share

KUALA LUMPUR, Aug 28 (Bernama) -- Yinson Holdings Bhd’s major shareholder, Yinson Legacy Sdn Bhd (YLSB), has engaged in preliminary discussions with MISC Bhd, the Employees Provident Fund (EPF), its affiliates and other stakeholders, regarding a potential proposal to privatise the company.

CIMB 2Q Net Profit Rises To RM1.94 Bln, Declares 19.65 Sen Dividend

KUALA LUMPUR, Aug 28 (Bernama) -- CIMB Group Holdings Bhd’s net profit rose to RM1.94 billion in the second quarter ended June 30, 2026 (2Q 2026) compared to RM1.89 billion in 2Q 2026, supported by broad-based performance across all businesses.

IOI Corp Posts Higher Net Profit Of RM1.68 Bln In FY2026

KUALA LUMPUR, Aug 28 (Bernama) -- IOI Corporation Bhd’s (IOI Corp) net profit for the financial year ended June 30, 2026 (FY2026) rose to RM1.68 billion from RM1.52 billion a year earlier, mainly supported by higher profit from its resource-based manufacturing and plantation segments.

Axiata Posts Net Profit Of RM42.52 Mln In 2Q

KUALA LUMPUR, Aug 28 (Bernama) -- Axiata Group Bhd's net profit declined to RM42.52 million in the second quarter ended June 30, 2026 (2Q 2026), from RM270.81 million a year earlier.

ZICO Trust Appoints Former PDRM Deputy IGP Mazlan Lazim As Chairman

KUALA LUMPUR, Aug 28 (Bernama) -- ZICO Trust (M) Bhd has appointed former Deputy Inspector General of Police (IGP) Tan Sri Mazlan Lazim as its chairman, effective Aug 14, 2026.

TKB To Strengthen Tourism Ecosystem, F&B Through RM1 Bln Urban Forest

IPOH, Aug 28 (Bernama) -- The Urban Forest development worth over RM1 billion in Tambun here is expected to be a catalyst for the state's economic growth when the 84-acre project is completed within three years.

Ringgit Ends Higher Ahead Of Fed Chair’s Jackson Hole Remarks

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Aug 28 (Bernama) -- The ringgit ended higher against the greenback and major currencies on Friday ahead of US Federal Reserve (Fed) Chair Kevin Warsh’s speech at the Jackson Hole Symposium.

Enhanced BioNexus Status Strengthens Malaysia’s Biotechnology Ecosystem

KUALA LUMPUR, Aug 28 (Bernama) -- The enhanced BioNexus Status framework strengthens Malaysia’s position as a platform for growing biotechnology companies by expanding support and responding to the industry’s evolving needs.