Bursa Malaysia Opens Higher, Tracks Wall Street Overnight Rebound
KUALA LUMPUR, Aug 20 (Bernama) -- Bursa Malaysia opened higher on Thursday, in line with positive regional markets, tracking Wall Street’s overnight rebound.
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Ringgit Gains As US Debt Weighs On Greenback, Easing Rate Hike Expectations
KUALA LUMPUR, Aug 20 (Bernama) -- The ringgit opened higher against the US dollar on Thursday as concerns over the rising US government debt weighed on the greenback, dimming expectations of a US interest rate hike, an economist said.
CPO Futures Rise On Firmer CBOT Soybean Oil Gains
By Abdul Hamid A Rahman
KUALA LUMPUR, Aug 19 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended higher on Wednesday, tracking gains in soybean oil on the Chicago Board of Trade (CBOT).
Gas Malaysia Second Quarter Net Profit Falls To RM72.52 Mln
KUALA LUMPUR, Aug 19 (Bernama) – Gas Malaysia Bhd’s net profit for the second quarter ended June 30, 2026 (2Q 2026) fell to RM72.52 million from RM99.12 million in the corresponding quarter last year.
Ministry Of Finance To Study Proposed Hybrid GST-SST Tax System
PUTRAJAYA, Aug 19 (Bernama) -- The Ministry of Finance will be given time to conduct a comprehensive study on the government’s proposal to combine elements of the Goods and Services Tax (GST) with the Sales and Services Tax (SST), said MADANI Government spokesperson Datuk Seri Fahmi Fadzil.
TH Plantations Records Net Profit Of RM5.78 Mln In 2Q 2026
KUALA LUMPUR, Aug 19 (Bernama) -- TH Plantations Bhd (THP) registered a net profit of RM5.78 million for the second quarter ended June 30, 2026 (2Q 2026) compared with RM11.78 million in 2Q 2025.
KLCI Futures End Higher
KUALA LUMPUR, Aug 19 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives closed higher on Wednesday.
Gold Futures End Lower Despite Weaker Greenback Ahead Of FOMC Minutes
By Zufazlin Baharuddin
KUALA LUMPUR, Aug 19 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended lower on Wednesday, despite a weaker US dollar ahead of the release of the US Federal Open Market Committee (FOMC) meeting minutes later tonight.
Affin, BCA Forge Strategic Partnership To Boost Cross-border Customer Benefits
By Nik Nurfaqih Nik Wil
JAKARTA, Aug 19 (Bernama) -- Malaysia’s Affin Bank and Indonesia’s Bank Central Asia (BCA) have entered into a strategic collaboration to provide reciprocal privileges for their customers travelling between the two countries, covering healthcare, hospitality, dining, shopping and lifestyle.
YTL Power Partners JLand Group To Develop Gigawatt-scale Data Centre Campus In Johor
KUALA LUMPUR, Aug 19 (Bernama) -- YTL Power International Bhd and JLand Group have announced a strategic partnership to undertake a joint development at Sedenak Tech Park West (STeP) in Johor, which will include a new gigawatt-scale data centre campus.
Ringgit Firms Against Greenback At Close On Late Buying Ahead of FOMC Minutes
By Zufazlin Baharuddin
KUALA LUMPUR, Aug 19 (Bernama) -- The ringgit extended its gains to close higher against the US dollar on Wednesday, supported by last-minute buying ahead of the release of the US Federal Open Market Committee (FOMC) meeting minutes later tonight.
Penang Hopes To Get Federal Govt Approval For PIFC Proposal, Says Chow
GEORGE TOWN, Aug 19 (Bernama) -- Penang hopes that its proposal to establish the Penang International Financial Centre (PIFC) will receive the Federal Government’s approval through Budget 2027, said Chief Minister Chow Kon Yeow.