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KUALA LUMPUR, Aug 18 (Bernama) -- Bursa Malaysia opened slightly higher on Tuesday, supported by buying interest in heavyweight counters, led by Maybank, despite renewed concerns over geopolitical tensions in West Asia.
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By Nurunnasihah Ahmad Rashid & Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Aug 18 (Bernama) -- The ringgit opened higher against major currencies but was little changed against the US dollar on Tuesday, amid expectations that the possibility of a US interest rate hike in September has dropped, an economist said.
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JAKARTA, Aug 17 (Bernama) -- CIMB Niaga is among eight payment service providers participating in Bank Indonesia’s (BI) newly launched Indonesian Credit Card (KKI), which offers individuals and businesses a new credit payment option for transactions through the country’s Quick Response Code Indonesian Standard (QRIS) payment system.
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KUALA LUMPUR, Aug 17 (Bernama) -- The Employees Provident Fund’s (EPF) total investment income rose by 48 per cent to RM57.50 billion in the first six months ended June 30, 2026 (1H 2026) from RM38.92 billion in the corresponding period a year ago.
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GEORGE TOWN, Aug 17 (Bernama) -- Celestica Inc is set to expand its workforce in Malaysia by more than 2,100 employees as global demand for artificial intelligence (AI) infrastructure and cloud computing continues to accelerate.
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KUALA LUMPUR, Aug 17 (Bernama) -- Perbadanan Insurans Deposit Malaysia (PIDM) has appointed Afiza Abdullah as its chief executive officer (CEO) for a three-year term, effective Aug 28, 2026, succeeding Rafiz Azuan Abdullah, who has led the organisation for nine years.
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KUALA LUMPUR, Aug 17 (Bernama) -- Malaysia’s inflation eased to 1.8 per cent in July 2026 from 1.9 per cent in June, with the Consumer Price Index rising to 137.1 points in July from 134.7 a year earlier, the Department of Statistics Malaysia (DOSM) said.
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KUALA LUMPUR, Aug 17 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) has retained its ringgit forecast of RM3.95 to the US dollar by year-end, underpinned by resilient growth, a sustained current account (CA) surplus and record foreign-currency deposits.
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KUALA LUMPUR, Aug 17 (Bernama) -- Crossbow Enterprise Cybersecurity, an enterprise cybersecurity partner, has been selected to serve on the PCI Security Standards Council’s (PCI SSC) 2026–2028 Global Executive Assessor Roundtable (GEAR) for its third consecutive term.
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KUALA LUMPUR, Aug 17 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) expects Malaysia’s 2026 current account to remain firmly in surplus, maintaining a forecast at 2.1 per cent of gross domestic product (GDP), compared with 1.6 per cent in 2025.
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KUALA LUMPUR, Aug 17 (Bernama) -- CelcomDigi Bhd’s share price rose 4.57 per cent in early trading on Monday, despite recording a lower net profit for the second quarter of 2026 (2Q 2026).
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KUALA LUMPUR, Aug 17 (Bernama) -- IDFC FIRST Bank, one of India's fast-growing private banks, has received its inaugural international investment-grade issuer credit ratings from S&P Global Ratings, with a ‘BBB-’ long-term rating and ‘A-3’ short-term rating, both with a stable outlook.