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Malaysia GDP Can Grow Above 5 Pct In 2026, Expectation Not Overly Optimistic - Economist

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).

MPM Clarifies Labuan Port Remains Fully Operational

LABUAN, Aug 19 (Bernama) -- Megah Port Management Sdn Bhd (MPM), the operator of Labuan Port, today clarified that a recent report on the temporary closure of a jetty does not involve the closure or suspension of operations at Labuan Port.

GST Features In SST Can Ease Tax Cascading, Cost Pressures - FMM

KUALA LUMPUR, Aug 19 (Bernama) -- Incorporating selected Goods and Services Tax (GST) features into the existing Sales and Service Tax (SST) framework can help address tax cascading and cost pressures, the Federation of Malaysian Manufacturing (FMM) said.

SC Encourages Large Unlisted Firms To Pursue Dual Listings In Malaysia, Hong Kong

GEORGE TOWN, Aug 19 (Bernama) -- The Securities Commission Malaysia (SC) is identifying large unlisted Malaysian companies and encouraging them to consider dual listings in Malaysia and Hong Kong to broaden their access to international investors.

GTA Holdings Puts West Asia Expansion Plans On Hold, Exploring Other Opportunities

KUALA LUMPUR, Aug 19 (Bernama) -- Aircraft engine maintenance, repair and overhaul (MRO) services provider GTA Holdings Bhd (GTA) has put its expansion plans in West Asia on hold amid ongoing tensions in the region.

Petronas Chemicals 2Q Net Profit At RM414 Mln Vs RM1.08 Bln Net Loss A Year Ago

KUALA LUMPUR, Aug 19 (Bernama) -- Petronas Chemicals Group Bhd's (PCG) net profit surged to RM414 million in the second quarter ended June 30, 2026 (2Q FY2026) from a net loss of RM1.08 billion in the same quarter a year earlier.

Bursa Malaysia Remains Lower At Midday

KUALA LUMPUR, Aug 19 (Bernama) -- Bursa Malaysia remained lower at midday, tracking the downbeat performances on Wall Street overnight and regional markets, amid escalating tensions in West Asia.

Penang Port Explores AI To Drive Smarter, Greener Operations

GEORGE TOWN, Aug 19 (Bernama) -- Penang Port Commission (PPC) is exploring the use of artificial intelligence (AI) to optimise port operations, reduce equipment idling and energy consumption, and accelerate its transformation into a smarter, lower-carbon maritime hub.

JS-SEZ Drives Shift To 'Cross-border Innovation', Says Automationsg

JOHOR BAHRU, Aug 19 (Bernama) -- The Johor-Singapore Special Economic Zone (JS-SEZ) serves as a transformative regional gateway by unlocking structural synergies between the two economies, shifting the paradigm from basic cross-border trade to cross-border innovation.

HLIB Expects National OEMs To Sustain Sales Momentum In 2H 2026

KUALA LUMPUR, Aug 19 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) expects national original equipment manufacturers (OEMs) to sustain their sales momentum in the second half of 2026 (2H 2026).

MyCEB Wins Best Meetings Destination (Asia) At The M&C Asia Stella Awards 2026

KUALA LUMPUR, Aug 19 (Bernama) -- Malaysia has clinched the Best Meetings Destination (Asia) 2026 award at the M&C Asia Stella Awards 2026, further strengthening the country’s position as a preferred destination for international meetings and business events in Asia.

Johor Plantations' Shares Slid By 5.85 Pct In Early Trade

KUALA LUMPUR, Aug 19 (Bernama) -- Johor Plantations Group Bhd’s (JPG) share price fell 5.85 per cent in early trade on Wednesday, after registering a lower net profit for the second quarter ended June 30, 2026 (2Q 2026).