Malakoff Net Profit Falls To RM31.71 Mln In 2Q 2026

KUALA LUMPUR, Aug 17 (Bernama) -- Malakoff Corporation Bhd’s net profit fell to RM31.71 million in the second quarter ended June 30, 2026 (2Q 2026) from RM62.83 million in the same period last year.

EPF 1H 2026 Total Investment Income Up 48 Pct To RM57.50 Bln

KUALA LUMPUR, Aug 17 (Bernama) -- The Employees Provident Fund’s (EPF) total investment income rose by 48 per cent to RM57.50 billion in the first six months ended June 30, 2026 (1H 2026) from RM38.92 billion in the corresponding period a year ago.

Kenanga IB Maintains Ringgit Forecast Of RM3.95 To US Dollar By Year-end

KUALA LUMPUR, Aug 17 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) has retained its ringgit forecast of RM3.95 to the US dollar by year-end, underpinned by resilient growth, a sustained current account (CA) surplus and record foreign-currency deposits.

IDFC FIRST Bank Receives Inaugural Investment-Grade Ratings From S&P

KUALA LUMPUR, Aug 17 (Bernama) -- IDFC FIRST Bank, one of India's fast-growing private banks, has received its inaugural international investment-grade issuer credit ratings from S&P Global Ratings, with a ‘BBB-’ long-term rating and ‘A-3’ short-term rating, both with a stable outlook.

IHH Healthcare Aims To Nearly Double Hospital Beds In India To 10,000 By 2031

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Aug 16 (Bernama) --  Private healthcare provider IHH Healthcare Bhd. plans to nearly double its operational hospital beds in India to about 10,000 by 2031 from around 6,100 currently, with an estimated investment of about US$250,000 (US$1=RM4.08) per bed.

TH Needs To Focus On Sustainable Returns, Prioritise Savings Of Pilgrims - Economist

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Aug 16 (Bernama) -- Lembaga Tabung Haji (TH) needs to focus on reasonable and sustainable investment returns commensurate with the level of risk that can be accepted, with the protection of the savings of prospective pilgrims remaining a priority, according to an economist.

Sarawak Moves Towards Becoming Home To Southeast Asia's Regenerative Medicine Hub

KUCHING, Aug 14 (Bernama) -- Sarawak is taking steps to strengthen its position in the biotechnology and healthcare sectors through a proposed RM50 million investment to develop the Sarawak Regenerative BioFoundry at the Sarawak Bio-Industrial Park.

CelcomDigi 2Q FY2026 net Profit Falls To RM398 Mln

KUALA LUMPUR, Aug 14 (Bernama) -- CelcomDigi Bhd’s net profit for the second quarter ended June 30, 2026 fell to RM398 million from RM439 million a year ago.

Malaysia's Current Account Remains Surplus At RM10.8 Bln In 2Q 2026 - DOSM

KUALA LUMPUR, Aug 14 (Bernama) -- Malaysia’s current account balance (CAB) recorded a surplus of RM10.8 billion in the second quarter of 2026 (2Q 2026), primarily supported by a substantial increase in the goods surplus to RM40.7 billion, according to the Department of Statistics Malaysia (DOSM).

TH Should Focus On Income Stability, Avoid Pressure Of Chasing High Returns

By Nurul Jannah Kamaruddin and Mohd Noor Azeery Idris

KUALA LUMPUR, Aug 14 (Bernama) -- Income stability, liquidity, and capital safety must continue to form the basis of Lembaga Tabung Haji’s (TH) investment policy, given that the institution manages withdrawable savings.

Pharmaniaga 2Q 2026 Net Profit Rises To RM12.49 Mln

KUALA LUMPUR, Aug 13 (Bernama) -- Pharmaniaga Bhd's net profit for the second quarter ended June 30, 2026 (2Q 2026) rose to RM12.49 million from RM3.96 million a year earlier.

Portfolio Restructuring Enhances TH's Capacity To Generate Consistent Returns

By Nurul Jannah Kamaruddin and Nur Aiman Najwa Dzamae

KUALA LUMPUR, Aug 13 (Bernama) -- Tabung Haji (TH) is now in a better position to consistently generate returns of between four and five percent -- or even higher -- without assuming excessive risk.