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THL Partners Makes Majority Investment In Queue-it

KUALA LUMPUR, Aug 18 (Bernama) -- THL Partners (THL), a private equity firm investing in middle-market growth companies, has announced a definitive agreement for a majority investment in Queue-it, an online traffic orchestration solutions provider.

Malaysia’s Jewellery Trade Hits RM12.13 Bln In 1h 2026 – MATRADE

KUALA LUMPUR, Aug 18 (Bernama) -- Malaysia’s total jewellery trade grew 10 per cent to RM12.13 billion in the first half of 2026 (1H 2026), sustaining the industry’s strong momentum following a record performance last year.

Malaysia Must Capture More Domestic Value From Global Trade Reconfiguration - McKinsey

KUALA LUMPUR, Aug 18 (Bernama) -- Malaysia needs to capture more domestic value from the ongoing reconfiguration of global trade and technological change, with the country’s next phase of growth dependent on stronger local capabilities, globally competitive companies and the ability to move up the value chain. 

Malaysia Eyes US$10 Bln Bilateral Trade With Philippines -- Mohamad Hasan

MANILA, Aug 18 (Bernama) -- Malaysia welcomes the positive momentum in its economic relations with the Philippines and hopes that bilateral trade can reach US$10 billion within the next two years, said Foreign Minister Datuk Seri Mohamad Hasan.

Global Logistics Forum 2026 To Be Held In Riyadh From Nov 29 

KUALA LUMPUR, Aug 18 (Bernama) -- The Global Logistics Forum 2026 will be held in Riyadh from Nov 29 to Dec 1, under the patronage of the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud, and hosted by the Ministry of Transport and Logistics Services.

Xsolla Adds Over 15 Payment Methods To Expand Global Reach

KUALA LUMPUR, Aug 18 (Bernama) -- Xsolla, a global video game commerce company, has added more than 15 new payment methods to Xsolla Payments ahead of Gamescom 2026, spanning Asia and Oceania; Europe, the Middle East, and Africa (EMEA); and the Americas.

Ringgit Strengthens Vs Major Currencies, Little Change Against Greenback

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.

CIMB Niaga Joins Bank Indonesia’s Launch Of KKI Credit Card For QRIS Payments

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.

99 Speed Mart Net Profit 13.4 Pct Higher To RM163.95 Mln In 2Q 2026

KUALA LUMPUR, Aug 17 (Bernama) -- 99 Speed Mart Retail Holdings Bhd's (99 Holdings) net profit for the second quarter ended June 30, 2026 (2Q 2026) rose by 13.4 per cent to RM163.95 million from RM144.63 million a year ago.

Ringgit Closes Higher Against Major And Regional Currencies

By Zufazlin Baharuddin

KUALA LUMPUR, Aug 17 (Bernama) -- The ringgit closed higher against major and regional currencies on Monday, including the greenback, as softer US economic data dampened expectations of a US Federal Reserve (Fed) interest rate hike in September.

PIDM Appoints Afiza Abdullah As CEO Effective Aug 28

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.

Crossbow Named As GEAR Member, Contributing Payment Security Expertise

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.