Economy

Sidec’s Selangor Triple Accelerator Programme Showcases 90 Startups

KUALA LUMPUR, Aug 24 (Bernama) -- The Selangor Triple Accelerator Programme 2026 Showcase, held from Aug 18 to 20, provided 90 startups with a platform for live pitching, product showcases and industry engagement, enabling them to build, refine and strengthen their businesses.

Insuring A Nation’s Journey: Malaysia’s Insurance Industry Through The Years

KUALA LUMPUR, 25 Aug (Bernama) -- It goes without saying the insurance sector played a vital role from Malaysia’s pre-independence era to the present day in providing financial protection to individuals, businesses, mobilising capital and act as a stabilising factor during economic crises.

Nur Sabrina’s Dessert Journey: A Sweet Dream Come True

By Muhammad Fawwaz Thaqif Nor Afandi

SUNGAI BULOH, Aug 25 (Bernama) -- What started as a small venture selling Malaysian ice cream during the COVID-19 pandemic has grown into a thriving dessert business for Nur Sabrina Md Salleh.

MITI To Drive Low-Altitude Economy Development With Unmanned Valley Ecosystem Project

By Zufazlin Baharuddin

KUALA LUMPUR, Aug 25 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) will implement the Unmanned Valley Ecosystem pilot project to drive the development of the low-altitude economy (LAE).

Sime Darby Property 1H 2026 AUM Reaches RM5 Bln

KUALA LUMPUR, Aug 24 (Bernama) -- Sime Darby Property Bhd’s assets under management (AUM) have grown to RM5 billion in the first half of 2026 (1H 2026) as the property developer continues to scale its recurring income portfolio while maintaining a resilient balance sheet.

SunCon 2Q Net Profit Rises To RM103.58 Mln

KUALA LUMPUR, Aug 24 (Bernama) -- Sunway Construction Group Bhd’s (SunCon) net profit for the second quarter ended June 30, 2026 (2Q 2026) increased to RM103.58 million from RM83.89 million a year earlier, driven by contributions from all segments.

WCE Holdings To Carefully Assess Southern Link Proposal Within Policy, Funding Framework

PETALING JAYA, Aug 24 (Bernama) --  WCE Holdings Bhd will carefully assess any formal proposal for the proposed Southern Link extension of the West Coast Expressway (WCE), taking into account the prevailing policy, funding and development framework.

Zetrix AI Posts Higher Net Profit Of RM269.25 Mln In 2Q

KUALA LUMPUR, Aug 24 (Bernama) -- Zetrix AI Bhd posted a higher net profit of RM269.25 million in the second quarter ended June 30, 2026 (2Q 2026), from RM199.15 million in the corresponding quarter last year.

Geohan Secures RM37 Mln High-rise Residential Contract

KUALA LUMPUR, Aug 24 (Bernama) -- Geohan Corporation Bhd’s wholly owned subsidiary Geohan Sdn Bhd has secured a letter of award (LoA) for a RM37 million contract from Chin Hin Property (Segambut) Sdn Bhd, a subsidiary of Chin Hin Group Property Bhd.

WCE Holdings Expects Positive Cash Flow, To Breakeven By Fy2030

PETALING JAYA, Aug 25 (Bernama) -- West Coast Expressway (WCE) toll concessionaire, WCE Holdings Bhd expects to achieve positive cash flow and breakeven by financial year 2030 (FY2030)

Batu Kawan Posts RM653.16 Mln Net Loss In 3Q On RM1.62 Bln Impairment

KUALA LUMPUR, Aug 24 (Bernama) --Batu Kawan Bhd reported a net loss of RM653.16 million in the third quarter (3Q) of 2026, which ended on June 30, 2026, compared to a net profit of RM182.92 million from the same period a year earlier.

Trang, Malay Chamber Of Commerce Kedah Chapter Organise Networking Event

ALOR SETAR, Aug 24 (Bernama) -- The Malay Chamber of Commerce Malaysia (DPMM) Kedah and the Trang Chamber of Commerce and Industry, Thailand, have organised a business matching and networking programme (B2B) to strengthen the cross-border economy, particularly in the tourism and halal industries.