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.

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.

Malaysia’s Jewellery Trade Hits RM12.13 Bln In 1h 2026 – MATRADE

KUALA LUMPUR, Aug 18 (Bernama) -- Malaysia’s total jewellery trade grew 10 per cent to RM12.13 billion in the first half of 2026 (1H 2026), sustaining the industry’s strong momentum following a record performance last year.

MGA Targets RM100 Mln Turnover At Inaugural Malaysia Gold Festival 2026

KUALA LUMPUR, Aug 18 (Bernama) -- The Malaysia Gold Association (MGA) is targeting RM100 million in turnover from the three-day Malaysia Gold Festival (MGF) 2026, scheduled to be held from Sept 18 to 20 at the Kuala Lumpur Convention Centre (KLCC).

Global Logistics Forum 2026 To Be Held In Riyadh From Nov 29 

KUALA LUMPUR, Aug 18 (Bernama) -- The Global Logistics Forum 2026 will be held in Riyadh from Nov 29 to Dec 1, under the patronage of the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud, and hosted by the Ministry of Transport and Logistics Services.

Budget 2027 To Focus On Economic Resilience, Protecting People's Well-being -- Amir Hamzah

PUTRAJAYA, Aug 18 (Bernama) -- Budget 2027 will continue to focus on efforts to strengthen the nation’s economic resilience, protect the people’s well-being and implement measures to enhance fiscal sustainability, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

PIDM Appoints Afiza Abdullah As CEO Effective Aug 28

KUALA LUMPUR, Aug 17 (Bernama) -- Perbadanan Insurans Deposit Malaysia (PIDM) has appointed Afiza Abdullah as its chief executive officer (CEO) for a three-year term, effective Aug 28, 2026, succeeding Rafiz Azuan Abdullah, who has led the organisation for nine years.

AM Best Withdraws Zhibao Re Credit Ratings Amid Investor Transition

KUALA LUMPUR, Aug 17 (Bernama) -- Global credit rating agency, AM Best has withdrawn the credit ratings of Malaysia’s Zhibao Labuan Reinsurance Company Limited (Zhibao Re), as the company has chosen not to participate in AM Best’s interactive rating process for the time being, in light of an investor transition.

Penang Eyes Becoming Leading ASEAN Semiconductor Design Hub By 2040

GEORGE TOWN, Aug 16 (Bernama) -- Penang plans to shift from its current dominance in assembly and testing activities towards high-value upstream activities such as chip design, system architecture and prototype development, in a bid to become a leading semiconductor design hub in ASEAN by 2040.

Institutional Maturity, Policy Consistency Pillars Of Economic Resilience

By Mohd Fharkhan Abdul Ghapar dan Nor Azeera Adam

KUALA LUMPUR, Aug 15 (Bernama) -- The ability of national institutions to continue functioning professionally and the consistency of policies have become key strengths for Malaysia in maintaining economic resilience and investor confidence, despite the dynamic domestic political environment.

PKNS, Hextar To Develop RM3.8 Billion Township In Siera Alam

SHAH ALAM, Aug 14 (Bernama) -- Hextar Global Bhd through its 70 per cent indirectly owned subsidiary Hextar Landmark Sdn Bhd has partnered with Perbadanan Kemajuan Negeri Selangor (PKNS) to develop an integrated mixed-use development with an estimated gross development value (GDV) of RM3.8 billion in Siera Alam, Shah Alam.

Economists Upbeat On Malaysia’s 2026 Outlook After 6.0 Pct 2Q GDP Growth

By Danni Haizal Danial Donald

KUALA LUMPUR, Aug 14 (Bernama) -- Economists have raised their growth expectations for Malaysia’s economy in 2026 following the stronger-than-expected gross domestic product (GDP) performance in the second quarter (2Q) of 2026.