30d ago
KUALA LUMPUR, Aug 20 (Bernama) -- The ringgit opened higher against the US dollar on Thursday as concerns over the rising US government debt weighed on the greenback, dimming expectations of a US interest rate hike, an economist said.
30d ago
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.
30d ago
By Nik Nurfaqih Nik Wil
JAKARTA, Aug 19 (Bernama) -- Malaysia’s Affin Bank and Indonesia’s Bank Central Asia (BCA) have entered into a strategic collaboration to provide reciprocal privileges for their customers travelling between the two countries, covering healthcare, hospitality, dining, shopping and lifestyle.
30d ago
KUALA LUMPUR, Aug 19 (Bernama) -- YTL Power International Bhd and JLand Group have announced a strategic partnership to undertake a joint development at Sedenak Tech Park West (STeP) in Johor, which will include a new gigawatt-scale data centre campus.
30d ago
By Zufazlin Baharuddin
KUALA LUMPUR, Aug 19 (Bernama) -- The ringgit extended its gains to close higher against the US dollar on Wednesday, supported by last-minute buying ahead of the release of the US Federal Open Market Committee (FOMC) meeting minutes later tonight.
30d ago
GEORGE TOWN, Aug 19 (Bernama) -- Penang hopes that its proposal to establish the Penang International Financial Centre (PIFC) will receive the Federal Government’s approval through Budget 2027, said Chief Minister Chow Kon Yeow.
30d ago
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.
30d ago
KUALA LUMPUR, Aug 19 (Bernama) -- Bursa Malaysia ended lower on Wednesday, as elevated United States (US) Treasury yields and weakness in technology stocks weighed on investor sentiment, an analyst said.
30d ago
By Vijian Paramasivam
PHNOM PENH, Aug 19 (Bernama) -- The Malaysia External Trade Development Corporation (MATRADE) is targeting RM100 million in potential trade from its Export Acceleration Mission to Cambodia.
30d ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Aug 19 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Wednesday amid gains in regional markets, with uncertainty over the United States-Iran war weighing on sentiment, a dealer said.
30d ago
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).
1m ago
KUALA LUMPUR, Aug 19 (Bernama) -- Lotte Chemical Titan Holding Bhd today clarified that its South Korean parent company, Lotte Chemical Corporation (LCC), is considering various strategic measures concerning the company, with no decision made thus far.