Maybank Posts Net Profit Of RM2.69 Bln In 2Q

KUALA LUMPUR, Aug 27 (Bernama) -- Malayan Banking Bhd’s (Maybank) net profit for the second quarter ended June 30, 2026 (2Q 2026) rose by 2.4 per cent to RM2.69 billion from RM2.62 billion a year ago. 

Six Pct GDP Growth Boosts Investors' Confidence In Malaysia - PM Anwar

KUALA LUMPUR, Aug 27 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim described Malaysia’s second-quarter economic growth of six per cent as an outstanding achievement that strengthens investors’ confidence in the country.

Public Bank Shares Down 2.13 Pct At Midday

KUALA LUMPUR, Aug 27 (Bernama) -- Public Bank Bhd’s share price slid 2.13 per cent at midday despite reporting a higher net profit for the second quarter ended June 30, 2026 (2Q FY2026) yesterday.

Malaysia Must Strengthen Market Foundations To Stay Competitive – Amir Hamzah

KUALA LUMPUR, Aug 27 (Bernama) -- Malaysia must go beyond embracing new technologies by strengthening market foundations, improving efficiency and widening access to capital to keep its financial and capital markets competitive, resilient and relevant.

Alliance Bank Shares Up 1.82 Pct After 1Q Net Profit Jumps 25 Pct

KUALA LUMPUR, Aug 27 (Bernama) -- Alliance Bank Malaysia Bhd’s share price rose 1.82 per cent in early trade on Thursday, after the company posted a higher net profit in the first quarter ended June 30, 2026 (1Q FY2027), yesterday.

Petronas Gas 2Q Net Profit Rises To RM453.33 Mln

KUALA LUMPUR, Aug 26 (Bernama) -- Petronas Gas Bhd’s (PGB) net profit rose to RM453.33 million in the second quarter ended June 30,2026 (2Q FY2026) from RM450.19 million in the same period last year.

stc group Extends EWC Partnership As Tournament Expands To Paris

KUALA LUMPUR, Aug 26 (Bernama) -- Digital enabler, stc group, has concluded its third consecutive year as a Founding and Elite Partner of the Esports World Cup (EWC), supporting the tournament as it held its first edition outside Saudi Arabia in Paris.

Mah Sing Acquires 14.37 Acres Of Ampang Land For RM186.17 Mln

KUALA LUMPUR, Aug 26 (Bernama) -- Mah Sing Group Bhd’s wholly owned subsidiary Capitol Avenue Development Sdn Bhd has entered into conditional sale and purchase agreements to acquire several parcels of land in Ampang for a total consideration of RM186.17 million.

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.

Coventry’s LILY Programme Reaches US$1 Bln In Life Insurance-Backed Financing

KUALA LUMPUR, Aug 26 (Bernama) -- Coventry has announced the successful completion of its fourth asset-backed securitisation since April 2025 under its LILY programme, bringing total life insurance-backed financing across the platform to US$1 billion. (US$1=RM4.03)

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. 

Proton Sees Strong E&E Ecosystem Driving Automotive Growth

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Aug 26 (Bernama) -- Malaysia’s automotive industry has room to further leverage the country’s strong electrical and electronics (E&E) ecosystem as vehicles increasingly shift toward electrical and electronic components, according to Proton Holdings Bhd.