KLCI Futures End Mostly Lower
KUALA LUMPUR, Aug 18 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives closed mostly lower on Tuesday.
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Broaden SST Exemptions To Reduce Tax Cascading -- CTIM President
By Niam Seet Wei
KUALA LUMPUR, Aug 18 (Bernama) -- The government could consider incorporating positive elements of the goods and services tax (GST), such as broadening exemptions, into the existing sales and service tax (SST) to reduce cascading taxes, said a tax expert.
Gold Futures Ends Lower As Higher US Treasury Yields Weighs
By Zufazlin Baharuddin
KUALA LUMPUR, Aug 18 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended lower on Tuesday, weighed by higher US Treasury yields.
FGV Appoints Nurul Muhaniza Hanafi As Group Managing Director
KUALA LUMPUR, Aug 18 (Bernama) -- FGV Holdings Bhd has appointed Nurul Muhaniza Hanafi as group managing director (GMD) effective today, making her the first woman to lead the company.
KPJ Healthcare's 2Q FY2026 Net Profit Up By 27 Pct To RM103.92 Mln
KUALA LUMPUR, Aug 18 (Bernama) -- KPJ Healthcare Bhd's net profit surged by 27 per cent for the second quarter ended June 30, 2026 (2Q FY2026) to RM103.92 million compared with RM82.06 million in the same quarter one year ago.
Ringgit Extends Gains To Close Higher Vs Major, Regional Currencies
By Zufazlin Baharuddin
KUALA LUMPUR, Aug 18 (Bernama) -- The ringgit extended its gains to close higher against major and regional currencies on Tuesday, as declining expectations of a US Federal Reserve interest rate hike in September weighed on the greenback.
Tencent Cloud Establishes Its First Malaysian Cloud Region In Johor
KUALA LUMPUR, Aug 18 (Bernama) -- Tencent Cloud has established its first cloud region in Malaysia, comprising up to three availability zones in Johor, as the company strengthens its cloud and artificial intelligence (AI) infrastructure to support enterprises in the country.
Dutch Lady 2Q Net Profit Rises To RM38.17 Mln
KUALA LUMPUR, Aug 18 (Bernama) -- Dutch Lady Milk Industries Bhd’s (DLMI) net profit for the second quarter ended June 30, 2026 (2Q 2026) rose to RM38.17 million versus RM23.39 million in 2Q 2025.
Johor Plantations Net Profit Slips To RM51 Mln In 2Q Due To Higher Sales Cost
KUALA LUMPUR, Aug 18 (Bernama) -- Johor Plantations Group Bhd’s (JPG) net profit fell to RM51.15 million in the second quarter ended June 30, 2026 (2Q 2026) from RM75.20 million in the same period a year ago.
MSC Subsidiary Directed To Temporarily Suspend Tin Mining Operations
KUALA LUMPUR, Aug 18 (Bernama) -- Malaysia Smelting Corporation Bhd’s (MSC) 80 per cent-owned subsidiary, Rahman Hydraulic Tin Sdn Bhd (RHT), has been directed by the Perak Department of Minerals and Geosciences (JMG Perak) to temporarily suspend its mining operations.
Commodity, Plantation Stocks Lift Bursa Malaysia To End Higher
KUALA LUMPUR, Aug 18 (Bernama) -- Bursa Malaysia ended higher on Tuesday, outperforming most regional markets as investors continued to rotate towards commodity and plantation-related stocks, an analyst said.
MADANI Reforms Strengthen Governance, Raise Ceiling And Floor -- MOF
KUALA LUMPUR, Aug 18 (Bernama) -- The MADANI Government has made progress in governance reform, national competitiveness and efforts to raise the people’s living standards over the past three and a half years, guided by the three pillars of Good Governance in Public Administration, Raising the Ceiling and Raising the Floor.