Bank Islam Announces Retirement Of Chairman Ismail Bakar

KUALA LUMPUR, Aug 21 (Bernama) -- Bank Islam Malaysia Bhd has announced the retirement of its chairman, Tan Sri Dr Ismail Bakar, effective Aug 22, 2026, after six years on the board.

NexG Shares Rise 3.03 Pct In Early Trade

KUALA LUMPUR, Aug 21 (Bernama) -- NexG Bhd’s share price rose 3.03 per cent in the early trade on Friday, following the company’s clarification on the government’s request for an indicative price for the possible acquisition of its wholly owned subsidiary, Datasonic Technologies Sdn Bhd (DTSB).

NexG Clarifies RM7.5 Bln Indicative Price For Possible DTSB’s Acquisition By Govt

KUALA LUMPUR, Aug 21 (Bernama) -- NexG Bhd today clarified that the request for an indicative price for the possible acquisition of its wholly owned subsidiary, Datasonic Technologies Sdn Bhd (DTSB), by the government was made by the Ministry of Finance (MOF) last month.

My Steps Up Efforts To Attract Indonesian Business Events To Malaysia

JAKARTA, Aug 20 (Bernama) -- The Malaysia Convention & Exhibition Bureau (MyCEB) is stepping up efforts to attract more business events from Indonesia to Malaysia through its Indonesia Roadshow 2026 in Surabaya and Jakarta, as part of efforts supporting Visit Malaysia 2026.

Johor Attracts Investments Worth Over RM5 Billion From Singapore Visit

JOHOR BAHRU, Aug 21 (Bernama) -- Johor has successfully attracted potential investments worth more than RM5 billion following a series of meetings with investors during a three-day working visit to Singapore that concluded today.

NexG Assesses Datasonic Technologies Value At RM7.5 Bln 

KUALA LUMPUR, Aug 20 (Bernama) -- NexG Bhd says its wholly owned subsidiary Datasonic Technologies Sdn Bhd (DTSB), which is the provider of the MyKad national identity card, is currently valued at RM7.5 billion following the government's request for an indicative price.

PM Orders Probe Into Khazanah Subsidiary, Seeks To Uncover Potential Financial Irregularities

KLANG, Aug 20 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has ordered a comprehensive investigation into Xeraya Capital, a wholly owned subsidiary of Khazanah Nasional Bhd, to identify any potential financial irregularities.

Ringgit Stays Bullish Vs US Dollar At Close As US Debt Weighs On Greenback

By Zufazlin Baharuddin

KUALA LUMPUR, Aug 20 (Bernama) -- The ringgit continued its bullish momentum to close higher against the US dollar on Thursday, as the US national debt, which surpassed US$40 trillion for the first time, weighed on the greenback.

Khazanah Reaffirms Progress And Governance At 3Q 2026 Board Meeting

KUALA LUMPUR, Aug 20 (Bernama) -- Khazanah Nasional Bhd held its third Board of Directors meeting for 2026, chaired by Prime Minister Datuk Seri Anwar Ibrahim, today.

AmBank Group Expects FY2027 Loan Growth To Remain At 7-8 Pct

KUALA LUMPUR, Aug 20 (Bernama) -- AMMB Holdings Bhd (AmBank Group) expects its loan growth to remain at around seven per cent to eight per cent for the financial year 2027 (FY2027), supported by continued demand from mid-tier corporates and small and medium enterprises (SMEs).

Ministry Of Finance To Study Proposed Hybrid GST-SST Tax System

PUTRAJAYA,  Aug 19 (Bernama) --  The Ministry of Finance will be given time to conduct a comprehensive study on the government’s proposal to combine elements of the Goods and Services Tax (GST) with the Sales and Services Tax (SST), said MADANI Government spokesperson Datuk Seri Fahmi Fadzil.

Gold Futures End Lower Despite Weaker Greenback Ahead Of FOMC Minutes

By Zufazlin Baharuddin

KUALA LUMPUR, Aug 19 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended lower on Wednesday, despite a weaker US dollar ahead of the release of the US Federal Open Market Committee (FOMC) meeting minutes later tonight.