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Ringgit Opens Lower Amid Elevated US Treasury Yields

KUALA LUMPUR, Sept 1 (Bernama) -- The ringgit opened lower against the US dollar on Tuesday amid elevated US Treasury yields and uncertainty over the US Federal Reserve’s (Fed) interest rate outlook, said an analyst.

From Hiccups To Convenience: A Malaysian's Journey Through Guiyang's Digital Economy

From Abdul Hamid A Rahman

GUIYANG, CHINA, Aug 30 (Bernama) -- As a Malaysian journalist on assignment to observe Guiyang’s growing digital economy during Merdeka month, my first lesson about life in one of China’s emerging technology cities did not come from an artificial intelligence laboratory, a data centre or an autonomous vehicle.

CIMB Targets 5-6 Pct Loan Growth For FY2026

KUALA LUMPUR, Aug 28 (Bernama) -- CIMB Group Holdings Bhd is targeting loan growth of around 5-6 per cent for FY2026, with strong demand from the data centre and artificial intelligence (AI) sectors supporting its wholesale business.

Ringgit Expected To Remain Well Supported Next Week Ahead Of BNM OPR Decision

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Aug 29 (Bernama) -- The ringgit is expected to remain well supported next week ahead of Bank Negara Malaysia’s (BNM) Monetary Policy Committee meeting on Sept 3, with the central bank widely expected to keep the Overnight Policy Rate (OPR) at 2.75 per cent.

Gold Futures Expected To Hold Firm Next Week On Lower Rate-Hike Odds

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Aug 29 (Bernama) --Gold futures on Bursa Malaysia Derivatives are expected to remain supported next week, with spot gold prices seen hovering around US$4,590 to US$4,610 per troy ounce amid reduced expectations of a US Federal Reserve (Fed) rate hike.

CIMB 2Q Net Profit Rises To RM1.94 Bln, Declares 19.65 Sen Dividend

KUALA LUMPUR, Aug 28 (Bernama) -- CIMB Group Holdings Bhd’s net profit rose to RM1.94 billion in the second quarter ended June 30, 2026 (2Q 2026) compared to RM1.89 billion in 2Q 2026, supported by broad-based performance across all businesses.

Axiata Posts Net Profit Of RM42.52 Mln In 2Q

KUALA LUMPUR, Aug 28 (Bernama) -- Axiata Group Bhd's net profit declined to RM42.52 million in the second quarter ended June 30, 2026 (2Q 2026), from RM270.81 million a year earlier.

Malaysia Secures RM218.5 Bln In Approved Investments In 1h 2026 - MIDA

KUALA LUMPUR, Aug 28 (Bernama) -- Malaysia secured RM218.5 billion in approved investments in the first half of 2026 (1H 2026), up 11.7 per cent from RM195.5 billion in the same period last year, according to the Malaysian Investment Development Authority (MIDA).

AIREI Launches Its Second AI-Based Smart Palm Oil Mill

IPOH, Aug 28 (Bernama) -- A Malaysia Digital (MD) status company, AIREI Sdn Bhd has launched its second artificial intelligence (AI)-based smart palm oil mill, this time with a significantly larger capacity of 60 tonnes per hour, up from 45 tonnes per hour at its first mill.

Sapient Intelligence Launches Autonomous AI R&D System PRAXIST

KUALA LUMPUR, Aug 28 (Bernama) -- Sapient Intelligence has launched PRAXIST (Beta), an autonomous artificial intelligence (AI) research and development (R&D) system that takes on complex technical problems and independently tests and validates potential solutions.

OSK Posts Higher Net Profit Of RM143.41 Mln In Second Quarter

KUALA LUMPUR, Aug 28 (Bernama) -- OSK Holdings Bhd posted a slightly higher net profit of RM143.41 million in the second quarter ended June 30, 2026 (2Q 2026), compared with RM142.00 million in the corresponding quarter last year.

TNB Commences Development Of 500kV National Grid Backbone, Reinforcing Malaysia’s Energy Security, Transition

KUALA LUMPUR, Aug 28 (Bernama) -- Tenaga Nasional Bhd (TNB) marked another significant achievement in its commitment to building a future-ready energy infrastructure with the commencement of a new 500-kilovolt (kV) National Grid Backbone transmission line – a strategic infrastructure project that will reinforce national energy security, accelerate energy transition and accommodate the nation’s future electricity needs.