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MAG Mandates Drug Screening For All Pilots, Says Detained Pilot Was Off Duty

KUALA LUMPUR, Aug 7 (Bernama) -- Malaysia Aviation Group (MAG) has commenced mandatory drug screening for all 1,260 Malaysia Airlines pilots and will implement stricter screening for all active pilots, going beyond current industry practice.

Stronger TH Performance Driven By Reforms From Implementation Of RCI Recommendations - Economist

KUALA LUMPUR, Aug 7  (Bernama) --  The stronger financial performance of Lembaga Tabung Haji (TH) at present is the result of institutional reforms implemented since its restructuring, including the implementation of 75 per cent of the recommendations made by the Royal Commission of Inquiry (RCI), according to an economist.

Bursa Malaysia Opens Lower, Tracking Overnight Losses On Wall Street

KUALA LUMPUR, Aug 7 (Bernama) -- Bursa Malaysia opened lower on Friday, with buying interspersed with selling in selected heavyweights amid overnight losses on Wall Street, following rising crude oil prices, said an analyst. 

Ringgit Opens Mostly Higher Versus Major Currencies, Steady Against US Dollar

KUALA LUMPUR, Aug 7 (Bernama) -- The ringgit opened mostly higher against other major currencies, and was almost unchanged versus the US dollar, as escalating global tensions capped gains in the greenback ahead of the release of the United States’ non-farm payrolls (NFP) data.

Govt Initiates Expiry Review Of Anti-Dumping Duties On China, Vietnam Steel Coils Imports

KUALA LUMPUR, Aug 6 (Bernama) -- The government has initiated an expiry review of the anti-dumping duties imposed on imports of prepainted, painted or colour-coated steel coils (subject merchandise) originating or imported from China and Vietnam.

Tong Herr To Be Taken Private Via SCR Exercise, Offers RM2.55 Per Share

KUALA LUMPUR, Aug 6 (Bernama) -- Tong Herr Resources Bhd’s major shareholders, Allrich Corp and Richard Holdings Ltd, as the joint offerors, have proposed to take the company private by way of a selective capital reduction and repayment (SCR) exercise.

Malaysia Initiates Anti-Dumping Probe On Coated Steel Imports From China, Taiwan, Vietnam -- MITI

KUALA LUMPUR, Aug 6 (Bernama) -- Malaysia has initiated an anti-dumping duty investigation on imports of flat rolled products of other alloy and non-alloy steel, plated or coated with aluminium and zinc, originating or exported from China, Taiwan and Vietnam (the subject merchandise).

Bursa Malaysia Ends Lower On Profit-taking

KUALA LUMPUR, Aug 6 (Bernama) -- Bursa Malaysia closed lower as investors took profits following the recent rebound, with telecommunications and industrial stocks leading the decline, said an analyst. 

KL20 2026 Adds Four New Focus Areas, Raising Total To Eight Sectors

PETALING JAYA, Aug 6 (Bernama) -- Kuala Lumpur 20 (KL20) 2026 will introduce four new focus areas: the creative economy, digital economy, digital gaming, and the third sector, in addition to the original priorities announced under KL20 2024.

Malaysia's Services Producer Price Index Up 2.9 Pct In 2Q 2026

KUALA LUMPUR, Aug 6 (Bernama) -- Malaysia’s services producer price index (SPPI) increased by 2.9 per cent in the second quarter of 2026 (2Q 2026), up from 2.1 per cent in the previous quarter, according to the Department of Statistics Malaysia (DOSM).

2Q Growth “Should Be Okay” -- Amir Hamzah

KUALA LUMPUR, Aug 6 (Bernama) – Malaysia’s economic growth for the second quarter of 2026 (2Q 2026) “should be okay”, Finance Minister II Datuk Seri Amir Hamzah Azizan said ahead of the official 2Q gross domestic product (GDP) announcement on Aug 14.

Bursa Malaysia Trims Early Gains On Profit-taking

KUALA LUMPUR, Aug 6 (Bernama) -- Bursa Malaysia opened higher on Thursday but edged into negative territory in early trade as investors locked in profits after recent gains, an analyst said.