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Economy

EPMB Unveils RM9.5 Mln Chassis Component Plant In Tanjong Malim

IPOH, Aug 19 (Bernama) -- EP Manufacturing Bhd (EPMB) has unveiled a new chassis component facility in the Automotive High Technology Valley (AHTV) in Tanjong Malim, with an investment of RM9.5 million.

Templafy Launches Free AI Agent For PowerPoint Presentations

KUALA LUMPUR, Aug 19 (Bernama) -- Templafy, the agentic document generation platform, has launched the Templafy Agent Add-In, a free artificial intelligence (AI) agent that enables users to create, edit and review presentations without leaving PowerPoint.

MyCEB Wins Best Meetings Destination (Asia) At The M&C Asia Stella Awards 2026

KUALA LUMPUR, Aug 19 (Bernama) -- Malaysia has clinched the Best Meetings Destination (Asia) 2026 award at the M&C Asia Stella Awards 2026, further strengthening the country’s position as a preferred destination for international meetings and business events in Asia.

Rystad Energy To Launch AI-Native Spektra Platform Globally

KUALA LUMPUR, Aug 19 (Bernama) -- Rystad Energy will officially launch Spektra, its artificial intelligence (AI)-native market intelligence platform, at its Innovate online event on Aug 20, marking the platform's move to full commercial availability.

SC's Role Is Crucial In Overseeing TH Investments

By Nor Baizura Basri

KUALA LUMPUR, Aug 19 (Bernama) — The role of the Securities Commission Malaysia (SC) as it undertakes to oversee and assume a supervisory framework over the types of investments Lembaga Tabung Haji (TH) makes in line with its policy of balancing returns, protecting capital and ensuring sufficient liquidity to fulfil its haj mandate is crucial, an academic said.

Tabung Haji: Depositor Trust Comes First, Dividends Are Not Everything

By Norsyafawati Ab Wahab

KUALA LUMPUR, Aug 19 (Bernama) -- As depositors, Muslims should reaffirm their understanding of the fundamental principle behind the establishment of Lembaga Tabung Haji (TH), which was created to help Muslims manage their savings for the purpose of performing the Hajj, rather than treating dividend announcements as the primary measure of the institution’s performance.

Broaden SST Exemptions To Reduce Tax Cascading -- CTIM President

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.

FGV Appoints Nurul Muhaniza Hanafi As Group Managing Director

KUALA LUMPUR, Aug 18 (Bernama) -- FGV Holdings Bhd has appointed Nurul Muhaniza Hanafi as group managing director (GMD) effective today, making her the first woman to lead the company.

Tencent Cloud Establishes Its First Malaysian Cloud Region In Johor

KUALA LUMPUR, Aug 18 (Bernama) -- Tencent Cloud has established its first cloud region in Malaysia, comprising up to three availability zones in Johor, as the company strengthens its cloud and artificial intelligence (AI) infrastructure to support enterprises in the country.

Dutch Lady 2Q Net Profit Rises To RM38.17 Mln

KUALA LUMPUR, Aug 18 (Bernama) -- Dutch Lady Milk Industries Bhd’s (DLMI) net profit for the second quarter ended June 30, 2026 (2Q 2026) rose to RM38.17 million versus RM23.39 million in 2Q 2025.

MSC Subsidiary Directed To Temporarily Suspend Tin Mining Operations

KUALA LUMPUR, Aug 18 (Bernama) -- Malaysia Smelting Corporation Bhd’s (MSC) 80 per cent-owned subsidiary, Rahman Hydraulic Tin Sdn Bhd (RHT), has been directed by the Perak Department of Minerals and Geosciences (JMG Perak) to temporarily suspend its mining operations.

MADANI Reforms Strengthen Governance, Raise Ceiling And Floor -- MOF

KUALA LUMPUR, Aug 18 (Bernama) -- The MADANI Government has made progress in governance reform, national competitiveness and efforts to raise the people’s living standards over the past three and a half years, guided by the three pillars of Good Governance in Public Administration, Raising the Ceiling and Raising the Floor.