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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.

SC Ready To Regulate TH Investments If Decided By Government

GEORGE TOWN, Aug 19 (Bernama) -- The decision on whether the Securities Commission Malaysia (SC) will be given the role of regulating the fund management and investments of Lembaga Tabung Haji (TH) lies with the government, said SC chairman Datuk Mohammad Faiz Azmi.

Bursa Malaysia Ends Lower Amid Elevated US Treasury Yields, Tech Weakness

KUALA LUMPUR, Aug 19 (Bernama) -- Bursa Malaysia ended lower on Wednesday, as elevated United States (US) Treasury yields and weakness in technology stocks weighed on investor sentiment, an analyst said.

Standard Fire Policies Cover EV-Related Fire Damage - PIAM

KUALA LUMPUR, Aug 19 (Bernama) -- Standard house owner and fire insurance policies in Malaysia cover specified perils, including fire damage, “regardless of the ignition source.”

Malaysia-Cambodia Business Mission Targets RM100 Mln In Potential Trade

By Vijian Paramasivam

PHNOM PENH, Aug 19 (Bernama) -- The Malaysia External Trade Development Corporation (MATRADE) is targeting RM100 million in potential trade from its Export Acceleration Mission to Cambodia.

Kuala Lumpur Rubber Market Ends Mixed

By Abdul Hamid A Rahman

KUALA LUMPUR, Aug 19 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Wednesday amid gains in regional markets, with uncertainty over the United States-Iran war weighing on sentiment, a dealer said.

Malaysia GDP Can Grow Above 5 Pct In 2026, Expectation Not Overly Optimistic - Economist

By Harizah Hanim Mohamed

KUALA LUMPUR, Aug 19 (Bernama) -- Expectations for Malaysia’s economy to grow by more than five per cent in 2026 are not overly optimistic, given its strong first-half performance, resilient global trade and rising foreign direct investment (FDI), particularly in data centres, semiconductors and artificial intelligence (AI).

GST Features In SST Can Ease Tax Cascading, Cost Pressures - FMM

KUALA LUMPUR, Aug 19 (Bernama) -- Incorporating selected Goods and Services Tax (GST) features into the existing Sales and Service Tax (SST) framework can help address tax cascading and cost pressures, the Federation of Malaysian Manufacturing (FMM) said.

SC Encourages Large Unlisted Firms To Pursue Dual Listings In Malaysia, Hong Kong

GEORGE TOWN, Aug 19 (Bernama) -- The Securities Commission Malaysia (SC) is identifying large unlisted Malaysian companies and encouraging them to consider dual listings in Malaysia and Hong Kong to broaden their access to international investors.

Arla Foods Ingredients Invests In Heating System To Cut Carbon Emissions

KUALA LUMPUR, Aug 19 (Bernama) -- Arla Foods Ingredients has taken a major step towards reducing its carbon dioxide (CO₂) emissions at dairy level with a newly completed investment of about eight million euros in a new heating system at the Danmark Protein plant in Videbæk. (1 Euro = RM4.69)

Petronas Chemicals 2Q Net Profit At RM414 Mln Vs RM1.08 Bln Net Loss A Year Ago

KUALA LUMPUR, Aug 19 (Bernama) -- Petronas Chemicals Group Bhd's (PCG) net profit surged to RM414 million in the second quarter ended June 30, 2026 (2Q FY2026) from a net loss of RM1.08 billion in the same quarter a year earlier.

ACE Market-bound GTA Holdings Aims To Raise RM71.75 Mln From IPO

KUALA LUMPUR, Aug 19 (Bernama) -- GTA Holdings Bhd, an aircraft engine maintenance, repair and overhaul (MRO) services provider, aims to raise RM71.75 million from its initial public offering (IPO).