KUALA LUMPUR, Aug 19 (Bernama) -- Bursa Malaysia opened lower on Wednesday, weighed down by profit-taking following the previous session’s gains, amid ongoing geopolitical uncertainties.
By Niam Seet Wei
KUALA LUMPUR, Aug 18 (Bernama) -- The government could consider incorporating positive elements of the goods and services tax (GST), such as broadening exemptions, into the existing sales and service tax (SST) to reduce cascading taxes, said a tax expert.
LABUAN, Aug 18 (Bernama) -- Palm Beach Resort & Spa in Labuan and Sabah government-owned Asian Supply Base Sdn Bhd (ASB) have formalised a strategic collaboration aimed at strengthening hospitality and logistical support for Labuan's oil and gas (O&G) industry.
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.
KUALA LUMPUR, Aug 17 (Bernama) -- IDFC FIRST Bank, one of India's fast-growing private banks, has received its inaugural international investment-grade issuer credit ratings from S&P Global Ratings, with a ‘BBB-’ long-term rating and ‘A-3’ short-term rating, both with a stable outlook.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Aug 16 (Bernama) -- Private healthcare provider IHH Healthcare Bhd. plans to nearly double its operational hospital beds in India to about 10,000 by 2031 from around 6,100 currently, with an estimated investment of about US$250,000 (US$1=RM4.08) per bed.
KUALA LUMPUR, Aug 14 (Bernama) -- Bursa Malaysia closed lower on Friday, even as utilities, healthcare, and financial services sectors saw increased buying interest following the release of Malaysia’s second-quarter (2Q) gross domestic product (GDP) data.
KUALA LUMPUR, Aug 14 (Bernama) -- Affin Bank Bhd’s net profit fell by 11.1 per cent to RM127.52 million in the second quarter ended June 30, 2026 (2Q 2026) compared to RM143.48 million in 2Q 2025.
KUALA LUMPUR, Aug 14 (Bernama) -- The ringgit remained broadly stable against the currencies of major trading partners in the second quarter (2Q) of 2026, amid evolving global financial conditions, particularly the shift in market expectations due to the direction of United States monetary policy, said Bank Negara Malaysia (BNM).
By Nurul Jannah Kamaruddin and Mohd Noor Azeery Idris
KUALA LUMPUR, Aug 14 (Bernama) -- Income stability, liquidity, and capital safety must continue to form the basis of Lembaga Tabung Haji’s (TH) investment policy, given that the institution manages withdrawable savings.
KUALA LUMPUR, Aug 13 (Bernama) -- Maxis Bhd has announced the appointment of its chief executive officer (CEO) Goh Seow Eng to its board of directors effective today.
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.
