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Kyriba: Singapore CFO Business Optimism Falls 34 Pct In 2026

KUALA LUMPUR, Aug 26 (Bernama) -- Kyriba’s CFO Risk Radar 2026 research revealed that business optimism among Singapore Chief Financial Officers (CFOs) fell 34 percentage points year over year, from 93 per cent in late 2025 to 59 per cent in 2026.

Nessum Technology Expands Into HVAC, Smart Grid Applications

KUALA LUMPUR, Aug 26 (Bernama) -- Nessum Alliance has expanded Nessum technology in commercial heating, ventilation, and air conditioning (HVAC) and smart grid applications through deployments by Alliance members Daikin Industries Ltd and Power Plus Communications AG (PPC).

IPPFA Raises Malaysia’s 2026 GDP Growth Forecast To 5.4 Pct

KUALA LUMPUR, Aug 26 (Bernama) -- Financial advisory firm IPPFA Sdn Bhd has raised Malaysia's gross domestic product (GDP) growth forecast for 2026 to 5.4 per cent from 4.6 per cent previously.

Bank Islam Net Profit Up 9.8 Pct To RM139.12 Mln In 2Q

KUALA LUMPUR, Aug 26 (Bernama) -- Bank Islam Malaysia Bhd's net profit for the second quarter ended June 30, 2026 (2Q 2026) rose by 9.8 per cent to RM139.12 million from RM126.68 million a year ago, driven by higher net income and lower total overheads. 

X Square Robot Sorts 10,000 Parcels In Five-Hour WRC Challenge

KUALA LUMPUR, Aug 26 (Bernama) -- X Square Robot, a Shenzhen-based embodied artificial intelligence (AI) company, announced its WALL-B robotic system sorted 10,000 parcels in five hours, 14 minutes and one second during a logistics challenge at the 2026 World Robot Conference (WRC) in Beijing.

Shipping, Logistics Ecosystem Needs Investment To Keep Pace With Cargo Growth -- SAM

KUALA LUMPUR, Aug 26 (Bernama) -- Malaysia needs to address the lack of investment across its shipping and logistics ecosystem as gateway cargo grows while capacity in supporting industries shrinks, said Shipping Association Malaysia (SAM) chairman Ooi Lean Hin.

Ringgit Opens Higher Against US Dollar As US Treasury Yields Ease

KUALA LUMPUR, Aug 26 (Bernama) -- The ringgit opened higher against the US dollar on Wednesday, supported by a softer greenback and easing US Treasury yields, said an analyst. 

Asia-Pacific Airlines To Maintain Growth Despite Cost Headwinds - S&P

KUALA LUMPUR, Aug 25 (Bernama) -- Asia-Pacific airlines are strengthening their defences against industry headwinds by continuing to invest heavily in fuel-efficient aircraft, supported by long-term demand prospects, lower debt following the pandemic and a diverse funding mix, S&P Global Ratings said.

Bursa Malaysia Ends Flat As Market Awaits Earnings For Direction

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Aug 24 (Bernama) -- Bursa Malaysia ended marginally lower on Monday as investors awaited further corporate earnings results for clearer market direction, an analyst said.

APAC Reinsurers Post 4.0 Pct Revenue Growth In 2025 - AM Best

KUALA LUMPUR, Aug 24 (Bernama) -- AM Best’s composite of Asia-Pacific (APAC) reinsurance companies reversed a revenue decline from the previous year, posting a 4.0 per cent increase in net insurance service revenue in 2025, driven primarily by overseas business.

Petronas Dagangan Net Profit Rises To RM387.21 Mln In 2Q 2026, Declares 25 Sen Dividend

KUALA LUMPUR, Aug 24 (Bernama) -- Petronas Dagangan Bhd’s net profit rose to RM387.21 million in the second quarter ended June 30, 2026 (2Q 2026) compared to RM265.53 million in the same quarter a year ago.

MATRADE Raises MIHAS 2026 Sales Target To RM5 Bln

KUALA LUMPUR, Aug 24 (Bernama) -- The Malaysia External Trade Development Corporation (MATRADE) has raised its sales target for the 22nd Malaysia International Halal Showcase (MIHAS 2026) to RM5 billion from RM4.5 billion, following strong interest from international buyers.