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. 

Ringgit Up Against Greenback On Softer US Treasury Yields Ahead Of Jackson Hole Meeting

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Aug 26 (Bernama) -- The ringgit ended higher against the greenback on Wednesday, supported by softer US Treasury yields ahead of the US Federal Reserve’s (Fed) Jackson Hole symposium.

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.

IJM's 1Q FY2027 Net Profit Rises To RM137.39 Mln, Driven By Construction, Manufacturing And Quarrying

KUALA LUMPUR, Aug 26 (Bernama) -- IJM Corporation Bhd’s (IJM Corp) net profit for the first quarter ended June 30, 2026 (1Q FY2027) rose to RM137.39 million from RM95.60 million registered in the same period last year, driven by the construstion and manufacturing and quarrying divisions.

KLCC Property 2Q Net Profit Rises To RM204.42 Mln

KUALA LUMPUR, Aug 26 (Bernama) --  KLCC Property Holdings Bhd’s net profit for the second quarter ended June 30, 2026 (2Q 2026) increased to RM204.42 million from RM200.45 million a year earlier.

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.

Insuring A Nation’s Journey: Malaysia’s Insurance Industry Through The Years

KUALA LUMPUR, 25 Aug (Bernama) -- It goes without saying the insurance sector played a vital role from Malaysia’s pre-independence era to the present day in providing financial protection to individuals, businesses, mobilising capital and act as a stabilising factor during economic crises.

Guan Chong's Net Profit Soars To RM253.02 Mln In 2Q

KUALA LUMPUR, Aug 24 (Bernama) -- Guan Chong Bhd's net profit surged to RM253.02 million in the second quarter (2Q) ended June 30, 2026 compared with RM48.20 million in 2Q last year.

Sime Darby Property's 2Q Net Profit Rises To RM322.03 Mln

KUALA LUMPUR, Aug 24 (Bernama) -- Sime Darby Property Bhd’s net profit rose to RM322.03 million in the second quarter ended June 30, 2026 (2Q 2026) compared to RM143.54 million in the same quarter a year ago.

Bank Muamalat Opens New Branch In Kuala Selangor

SHAH ALAM,  Aug 24 (Bernama) --  Bank Muamalat Malaysia Berhad (Bank Muamalat) continues to expand access to Islamic banking services with the official opening of its Kuala Selangor branch today.

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.

E&O's Net Profit Rises To RM58.11 Mln In 1Q FY2027

KUALA LUMPUR, Aug 24 (Bernama) -- Eastern & Oriental Bhd’s (E&O) net profit rose to RM58.11 million in the first quarter ended June 30, 2026 (1Q FY2027) from RM45.41 million in 1Q FY2026.