Indonesia's July Inflation At 2.88 Pct - Statistics Indonesia

By Nik Nurfaqih Nik Wil

JAKARTA, Aug 3 (Bernama) -- Indonesia's annual inflation stood at 2.88 per cent in July, driven mainly by higher prices in the food, beverages and tobacco, transportation, as well as personal care and other services groups.

AmBank Shares Surge 3.25 Pct On WT29 Strategic Shift

KUALA LUMPUR, Aug 3 (Bernama) -- AMMB Holdings Bhd’s share price surged 3.25 per cent on expectations that its strategic shift towards higher-return segments and disciplined capital allocation would drive sustainable return-on-equity expansion.

Tawau Port Acquires Two New Dock Cranes Worth RM70 Million - Hajiji

TAWAU, Aug 2 (Bernama) -- The acquisition of two new quay cranes worth RM70 million for Tawau Port is expected to boost port efficiency and strengthen its role as a key maritime gateway on Sabah’s east coast.

F&N 3Q Net Profit Rises To RM93.58 Mln On Lower Tax Expense

KUALA LUMPUR, July 31 (Bernama) -- Fraser & Neave Holdings Bhd’s (F&N) net profit rose to RM93.58 million in the third quarter ended June 30, 2026 (3Q FY2026) compared to RM84.82 million in the same period a year ago, arising from lower tax expense for the quarter.

MISC Secures Long-term LNG Carrier Charter Contract From Malaysia LNG

KUALA LUMPUR, July 31 (Bernama) -- MISC Bhd has been awarded a contract from Malaysia LNG Sdn Bhd (MLNG), the operator of Petronas liquefied natural gas (LNG) Complex in Bintulu, Sarawak, for a long-term charter of a newbuild 18,700 cubic metres (cbm) LNG carrier (LNGC).

Genting Plantations Unit Raises RM200 Mln In First Sukuk Murabahah Issuance

KUALA LUMPUR, July 31 (Bernama) -- Genting Plantations Bhd’s wholly owned subsidiary, Bina Restu Bhd, has completed its first issuance of RM200 million sukuk murabahah under its RM2 billion sukuk murabahah programme to finance the group’s property development activities.

YTL Hospitality's REIT FY2026 Net Profit Jumps To RM240.74 Mln 

KUALA LUMPUR, July 30 (Bernama) -- YTL Hospitality Real Estate Investment Trust (YTL Hospitality REIT) recorded a higher net profit of RM240.74 million for the financial year ended June 30, 2026 (FY2026), compared to RM148.55 million in FY2025.

PSP Energy's Unit Secures Sinopec Lubricant Distributorship Deal

KUALA LUMPUR, July 30 (Bernama) -- PSP Energy Bhd’s (PSP Energy) wholly owned subsidiary, PSP Lubricants (M) Sdn Bhd (PSP Lubricants), has been appointed by Sinopec Lubricant Co Ltd (Sinopec) as its authorised distributor for Perak, Kelantan, Terengganu and Pahang.

Parliament To Hold Special Sitting On TH RCI Report Aug 11 -- Anwar

KUALA LUMPUR, July 30 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said a special parliamentary sitting to debate the findings of the Royal Commission of Inquiry (RCI) report on Lembaga Tabung Haji (TH) will be held on Aug 11.

Sunway Healthcare Share Price Slips Following Johor Land Acquisition

KUALA LUMPUR, July 30 (Bernama) -- Sunway Healthcare Holding Bhd’s share price was down after its unit acquired four parcels of freehold land in Sunway City Iskandar Puteri, Johor, for RM45.37 million. 

IJM Chairman Krishnan Tan To Step Down After Four Decades

KUALA LUMPUR, July 29 (Bernama) -- IJM Corporation Bhd chairman Tan Sri Krishnan Tan will step down after more than four decades with the group, as he will not seek re-election at the company's annual general meeting (AGM) on Aug 27.

Petra Energy Unit To Dispose Of Two Vessels For RM61.31 Mln

KUALA LUMPUR, July 29 (Bernama) -- Petra Energy Bhd's wholly-owned subsidiary Petra Marine Sdn Bhd (PMSB) has inked two memoranda of agreement (MoAs) for the disposal of its vessels for a total of about RM61.31 million.