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AirAsia Group Posts RM527 Mln Net Loss In 2Q

KUALA LUMPUR, Aug 13 (Bernama) -- AirAsia Group Bhd, formerly known as AirAsia X Bhd, posted a net loss of RM527.16 million for the second quarter ended June 30, 2026 (2Q FY2026), mainly due to higher fuel expenses and foreign exchange losses.

Ringgit Closes Almost Unchanged Vs US Dollar Ahead Of 2Q 2026 GDP Announcement Tomorrow

KUALA LUMPUR, Aug 13 (Bernama) -- The ringgit closed almost unchanged against the US dollar ahead of Malaysia’s gross domestic product (GDP) announcement for the second quarter tomorrow, as investors adopted a wait-and-see approach after US inflation data came in within expectations, supporting the greenback.

Singapore Entity Secures Green Financing For Johor Data Centre Campus

KUALA LUMPUR, Aug 13 (Bernama) -- ST Telemedia Global Data Centres (STT GDC) has secured a green financing facility of up to US$1.37 billion (RM5.6 billion) to support the development of its flagship Malaysian data centre campus in Johor.

KLCI Futures End Lower

KUALA LUMPUR, Aug 13 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives closed lower on Thursday.

Bursa Malaysia Ends Lower As Selling Pressure In Oil-related Counters Weighs

KUALA LUMPUR, Aug 13 (Bernama) -- Bursa Malaysia ended on a softer note on Thursday, as selling pressure in oil-related counters weighed on the benchmark index following the rally in the previous session, an analyst said.

Budget 2027: Mah Sing Proposes Measures To Boost Homeownership For First-time Buyers

KUALA LUMPUR, Aug 13 (Bernama) -- Mah Sing Group Bhd hopes the government will continue to encourage homeownership among young and middle-income households in its recommendations for Budget 2027, which is scheduled to be tabled in the Dewan Rakyat on Oct 9.

Rubber Market Ends Lower On Softer Oil Prices, Firmer Ringgit

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, Aug 13 (Bernama) -- The rubber market ended lower on Thursday, pressured by lower crude oil prices and a slightly stronger ringgit against the US dollar, a dealer said.

25 Companies Seek Financing Under Penang Climate Mitigation Fund

GEORGE TOWN, Aug 13 (Bernama) -- A total of 25 companies have expressed interest in securing financing under the Penang Climate Mitigation Fund (CM Fund), with five currently undergoing the assessment process.

Malaysia’s Cocoa Grinding Rises 29 Pct to 90,849 Tonnes In 2Q 2026 - Barry Callebaut

KUALA LUMPUR, Aug 13 (Bernama) -- Malaysia’s cocoa industry is seeing signs of recovery, with cocoa grinding rising 29 per cent year-on-year to 90,849 tonnes in the second quarter of 2026, despite supply and price volatility over the past two years, said chocolate firm Barry Callebaut.

R2G 2026 Southern Connects Johor Businesses With Technology, Investment, Commercialisation Opportunities

KULAI, Aug 13 (Bernama) -- The Malaysian Technology Development Corporation (MTDC) continues its nationwide outreach through the Road to Growth (R2G) 2026 Southern event, aimed at connecting Johor businesses with technology commercialisation, investment and market opportunities.

Gamuda's Unit Clinches RM1.64 Bln Contracts For Solar, Battery Projects In Australia

KUALA LUMPUR, Aug 13 (Bernama) -- Gamuda Bhd’s wholly owned Australian subsidiary DT Infrastructure Pty Ltd (DTI) has secured two engineering, procurement and construction (EPC) contracts worth a combined RM1.64 billion for the delivery of solar and battery hybrid projects in Australia.

Construction Work Value Up 8.8 Pct To RM47.8 Bln In 2Q 2026 – DOSM

KUALA LUMPUR, Aug 13 (Bernama) -- The value of work done in the construction sector rose by 8.8 per cent year-on-year to RM47.8 billion in the second quarter of 2026 (2Q 2026), maintaining a steady momentum following an 8.5 per cent increase in 1Q 2026, according to the Department of Statistics, Malaysia (DOSM).