LATEST NEWS   Subsidy targeting measures will be implemented fairly and reasonably, with the people’s interests and welfare remaining the priority -- PM Anwar | Govt to hold special meeting tomorrow with PETRA, EC, and MOF to review measures to mitigate impact of higher electricity bills -- PM Anwar | Malaysia prioritises long-term diplomacy and early prevention over claims for compensation in addressing transboundary haze - Ahmad Zahid | Malaysia to raise issue of transboundary haze during discussion with Indonesia on the sidelines of Halal-20 Conference in Jakarta - Ahmad Zahid | 

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Ringgit Ends Higher Ahead Of Fed Chair’s Jackson Hole Remarks

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Aug 28 (Bernama) -- The ringgit ended higher against the greenback and major currencies on Friday ahead of US Federal Reserve (Fed) Chair Kevin Warsh’s speech at the Jackson Hole Symposium.

Petronas Posts Resilient Half-Year Results, Remains Steadfast In Safeguarding Energy Security 

KUALA LUMPUR, Aug 28 (Bernama) -- For the first half of the financial year ended June 30, 2026 (1H 2026), Petroliam Nasional Bhd (Petronas) recorded modest net profit and revenue that reflected disciplined execution, operational reliability and commercial excellence amid a challenging macro environment.

Malaysia Secures RM218.5 Bln In Approved Investments In 1h 2026 - MIDA

KUALA LUMPUR, Aug 28 (Bernama) -- Malaysia secured RM218.5 billion in approved investments in the first half of 2026 (1H 2026), up 11.7 per cent from RM195.5 billion in the same period last year, according to the Malaysian Investment Development Authority (MIDA).

ABB Bank Expands Into Uzbekistan With Davr Bank Acquisition

KUALA LUMPUR, Aug 28 (Bernama) -- The ABB Davr Bank project was officially launched in Tashkent, marking the inauguration and groundbreaking of projects being implemented by Azerbaijan in Uzbekistan.

TNB Commences Development Of 500kV National Grid Backbone, Reinforcing Malaysia’s Energy Security, Transition

KUALA LUMPUR, Aug 28 (Bernama) -- Tenaga Nasional Bhd (TNB) marked another significant achievement in its commitment to building a future-ready energy infrastructure with the commencement of a new 500-kilovolt (kV) National Grid Backbone transmission line – a strategic infrastructure project that will reinforce national energy security, accelerate energy transition and accommodate the nation’s future electricity needs.

PIP Handles 100,000 TEU In Four-and-a-half Months

PADANG BESAR, Aug 28 (Bernama) -- The Tuanku Syed Sirajuddin Free Trade Zone - Perlis Inland Clearance Depot (PIP) has handled 100,000 twenty-foot equivalent units (TEUs) of cargo in the four-and-a-half months since it began full operations in April.

Ringgit Opens Higher Against US Dollar

KUALA LUMPUR, Aug 28 (Bernama) -- The ringgit opened higher against the US dollar on Friday amid cautious sentiment ahead of signals from the United States Federal Reserve (US Fed) at the annual Jackson Hole Symposium, said an analyst. 

TNB Delivers Resilient 1H 2026 Performance, Protecting Rakyat Amid West Asia Volatility

KUALA LUMPUR, Aug 27 (Bernama) -- Tenaga Nasional Bhd (TNB) continued to demonstrate resilient performance for the first half of the financial year ended June 30, 2026 (1H 2026), reaffirming its ability to deliver reliable and secure electricity, strengthening national energy security and advancing Malaysia’s energy transition amid a dynamic global energy landscape.

Ringgit Ends Lower Against Greenback On Cautious Sentiment Ahead Of Fed Meeting

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Aug 27 (Bernama) -- The ringgit ended lower against the greenback on Thursday amid cautious sentiment ahead of the US Federal Reserve’s (Fed) Jackson Hole symposium.

Rubber Market Extends Gains Amid Supply Concerns

By Danni Haizal Danial Donald

KUALA LUMPUR, Aug 27 (Bernama) -- The rubber market extended gains, closing higher on Thursday, supported by supply concerns stemming from continued rainfall in major producing regions, said a dealer.

Bidgely Announces 2027 EmPOWER AI Conference Series

KUALA LUMPUR, Aug 27 (Bernama) -- Bidgely, the pioneer of artificial intelligence (AI)-powered energy intelligence, has announced the 2027 calendar for its EmPOWER AI conference series, expanding its initiative to enable secure and insight-driven AI across the energy sector.

Maybank Posts Net Profit Of RM2.69 Bln In 2Q

KUALA LUMPUR, Aug 27 (Bernama) -- Malayan Banking Bhd’s (Maybank) net profit for the second quarter ended June 30, 2026 (2Q 2026) rose by 2.4 per cent to RM2.69 billion from RM2.62 billion a year ago.