Malaysia GDP Can Grow Above 5 Pct In 2026, Expectation Not Overly Optimistic - Economist

By Harizah Hanim Mohamed

KUALA LUMPUR, Aug 19 (Bernama) -- Expectations for Malaysia’s economy to grow by more than five per cent in 2026 are not overly optimistic, given its strong first-half performance, resilient global trade and rising foreign direct investment (FDI), particularly in data centres, semiconductors and artificial intelligence (AI).

CPO Prices To Remain Above RM4,600 In September On Tightening Supply, Geopolitical Disruptions -- MPOC

KUALA LUMPUR, Aug 19 (Bernama) -- Crude palm oil (CPO) prices are expected to remain firm above RM4,600 per tonne in September, supported by tightening supply fundamentals and continued geopolitical disruptions to global trade flows, said the Malaysian Palm Oil Council (MPOC).

MPM Clarifies Labuan Port Remains Fully Operational

LABUAN, Aug 19 (Bernama) -- Megah Port Management Sdn Bhd (MPM), the operator of Labuan Port, today clarified that a recent report on the temporary closure of a jetty does not involve the closure or suspension of operations at Labuan Port.

Bursa Malaysia Remains Lower At Midday

KUALA LUMPUR, Aug 19 (Bernama) -- Bursa Malaysia remained lower at midday, tracking the downbeat performances on Wall Street overnight and regional markets, amid escalating tensions in West Asia.

Malaysia Still Exposed To Oil Price Swings Despite LNG Strength - Kenanga IB

KUALA LUMPUR, Aug 19 (Bernama) -- The recent oil shock has exposed a less visible vulnerability in Malaysia's energy balance, even as the country remains a net energy exporter, said Kenanga Investment Bank Bhd (Kenanga IB). 

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.

Johor Plantations' Shares Slid By 5.85 Pct In Early Trade

KUALA LUMPUR, Aug 19 (Bernama) -- Johor Plantations Group Bhd’s (JPG) share price fell 5.85 per cent in early trade on Wednesday, after registering a lower net profit for the second quarter ended June 30, 2026 (2Q 2026).

CPO Futures Extend Rally, Benchmark November Contract Breaches RM4,850

By Abdul Hamid A Rahman

KUALA LUMPUR, Aug 18 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended higher on Tuesday, extending gains on stronger soybean oil prices on the Chicago Board of Trade (CBOT) and firmer crude oil prices, according to Iceberg X Sdn Bhd proprietary trader David Ng.

Ringgit Extends Gains To Close Higher Vs Major, Regional Currencies

By Zufazlin Baharuddin

KUALA LUMPUR, Aug 18 (Bernama) -- The ringgit extended its gains to close higher against major and regional currencies on Tuesday, as declining expectations of a US Federal Reserve interest rate hike in September weighed on the greenback.

Johor Plantations Net Profit Slips To RM51 Mln In 2Q Due To Higher Sales Cost

KUALA LUMPUR, Aug 18 (Bernama) -- Johor Plantations Group Bhd’s (JPG) net profit fell to RM51.15 million in the second quarter ended June 30, 2026 (2Q 2026) from RM75.20 million in the same period a year ago.

Commodity, Plantation Stocks Lift Bursa Malaysia To End Higher

KUALA LUMPUR, Aug 18 (Bernama) -- Bursa Malaysia ended higher on Tuesday, outperforming most regional markets as investors continued to rotate towards commodity and plantation-related stocks, an analyst said.

Palm Beach Resort, ASB Partner To Strengthen Support For Labuan Oil And Gas Sector

LABUAN, Aug 18 (Bernama) -- Palm Beach Resort & Spa in Labuan and Sabah government-owned Asian Supply Base Sdn Bhd (ASB) have formalised a strategic collaboration aimed at strengthening hospitality and logistical support for Labuan's oil and gas (O&G) industry.