BNM Fines Setel, Standard Chartered Bank, Standard Chartered Saadiq For Non-compliance

KUALA LUMPUR, Aug 26 (Bernama) -- Bank Negara Malaysia (BNM) has imposed administrative monetary penalties on Setel Ventures Sdn Bhd, Standard Chartered Bank Malaysia Bhd, and Standard Chartered Saadiq Bhd for failure to comply with targeted financial sanctions (TFS) requirements.

Lee Teck Yuen To Take Over As IJM Corp Chairman From Aug 27

KUALA LUMPUR, Aug 26 (Bernama) -- IJM Corporation Bhd has announced the redesignation of its non-executive director Datuk Lee Teck Yuen as its new non-executive chairman, effective Aug 27, 2026. 

Gold Futures End Lower Tracking US COMEX

KUALA LUMPUR, Aug 26 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended lower today tracking the weaker performance of gold futures on the US Commodity Exchange (COMEX).

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.

KLCI Futures End Higher

KUALA LUMPUR, Aug 26 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contracts on Bursa Malaysia Derivatives closed higher on Wednesday.

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.

Bursa Malaysia Ends Higher As YTL, Banking Counters Lift Market

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Aug 26 (Bernama) -- Bursa Malaysia ended higher on Wednesday, in line with most regional markets, as lower oil prices eased inflationary pressure and improved risk appetite, with buying interest mainly focused on YTL-related and banking counters, an analyst said.

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.

Rubber Market Ends Higher

By Danni Haizal Danial Donald

KUALA LUMPUR, Aug 26 (Bernama) -- The rubber market closed higher on Wednesday as concerns over supply disruptions stemming from El Nino and resilient demand from the United States automotive sector supported market sentiment, said a dealer.

Budget 2027: MATTA Seeks Better Tax Incentives, Tourism Investment

KUALA LUMPUR, Aug 26 (Bernama) -- Better tax incentives for tour operators, increased investment in tourism infrastructure and a higher promotional allocation are among the Malaysian Association of Tour and Travel Agents’ (MATTA) key wish list items for Budget 2027.

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.