IOI Corp Posts Higher Net Profit Of RM1.68 Bln In FY2026

KUALA LUMPUR, Aug 28 (Bernama) -- IOI Corporation Bhd’s (IOI Corp) net profit for the financial year ended June 30, 2026 (FY2026) rose to RM1.68 billion from RM1.52 billion a year earlier, mainly supported by higher profit from its resource-based manufacturing and plantation segments.

TKB To Strengthen Tourism Ecosystem, F&B Through RM1 Bln Urban Forest

IPOH, Aug 28 (Bernama) -- The Urban Forest development worth over RM1 billion in Tambun here is expected to be a catalyst for the state's economic growth when the 84-acre project is completed within three years.

Thailand National AI Roadmap Places Productivity At Centre Of Transformation

KUALA LUMPUR, Aug 28 (Bernama) -- Thailand has officially handed over and disseminated the National AI Roadmap for the Sustainable Productivity of Industries in Thailand, placing productivity rather than technology adoption itself at the centre of the country’s artificial intelligence (AI) transformation agenda.

Malaysia Secures RM218.5 Bln In Approved Investments In 1h 2026 - MIDA

KUALA LUMPUR, Aug 28 (Bernama) -- Malaysia secured RM218.5 billion in approved investments in the first half of 2026 (1H 2026), up 11.7 per cent from RM195.5 billion in the same period last year, according to the Malaysian Investment Development Authority (MIDA).

Bursa Malaysia Ends Lower On Broad-based Selling Ahead of Long Weekend

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Aug 28 (Bernama) -- Bursa Malaysia ended lower on Friday, weighed down by broad-based selling ahead of the long weekend.

AIREI Launches Its Second AI-Based Smart Palm Oil Mill

IPOH, Aug 28 (Bernama) -- A Malaysia Digital (MD) status company, AIREI Sdn Bhd has launched its second artificial intelligence (AI)-based smart palm oil mill, this time with a significantly larger capacity of 60 tonnes per hour, up from 45 tonnes per hour at its first mill.

Harlina Samson Appointed Bernama Economic News Service Deputy Editor-In-Chief

KUALA LUMPUR, Aug 28 (Bernama) -- The Malaysian National News Agency (Bernama) today announced the promotion of Harlina Samson to Deputy Editor-in-Chief of the Economic News Service, effective Sept 1, 2026.

ABB Bank Expands Into Uzbekistan With Davr Bank Acquisition

KUALA LUMPUR, Aug 28 (Bernama) -- The ABB Davr Bank project was officially launched in Tashkent, marking the inauguration and groundbreaking of projects being implemented by Azerbaijan in Uzbekistan.

PIP Handles 100,000 TEU In Four-and-a-half Months

PADANG BESAR, Aug 28 (Bernama) -- The Tuanku Syed Sirajuddin Free Trade Zone - Perlis Inland Clearance Depot (PIP) has handled 100,000 twenty-foot equivalent units (TEUs) of cargo in the four-and-a-half months since it began full operations in April.

Utility Counters Weigh On Bursa Malaysia At Midday

KUALA LUMPUR, Aug 28 (Bernama) -- Bursa Malaysia remained in negative territory at midday, weighed down by persistent selling pressure in selected heavyweights, particularly utility counters.

Bursa Malaysia Turns Lower At Mid-Morning

KUALA LUMPUR, Aug 28 (Bernama) -- Bursa Malaysia’s key index turned lower at mid-morning, weighed down by selected heavyweights, particularly in the utilities, construction and financial services sectors.

Bursa Malaysia Opens Higher On Buying Interest Ahead Of National Day

KUALA LUMPUR, Aug 28 (Bernama) -- Bursa Malaysia opened higher on Friday, with pre-Merdeka buying interest potentially providing further support ahead of the National Day celebrations.