| LATEST NEWS | Discussion on ECRL proposal to be held with stakeholders before being brought to the Cabinet for consideration -- PM Anwar | |
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.
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.
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.
KUALA LUMPUR, Aug 28 (Bernama) -- The government is studying various proposals and initiatives to help boost business activity among micro, small and medium enterprises (MSMEs) under Budget 2027, Finance Minister II Datuk Seri Amir Hamzah said.
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Aug 28 (Bernama) -- Bursa Malaysia ended lower on Friday, weighed down by broad-based selling ahead of the long weekend.
KUALA LUMPUR, Aug 28 (Bernama) -- The ABB Davr Bank project was officially launched in Tashkent, marking the inauguration and groundbreaking of projects being implemented by Azerbaijan in Uzbekistan.
KUALA LUMPUR, Aug 28 (Bernama) -- RHB Bank Bhd registered a marginal increase in net profit to RM807.15 million for the second quarter ended June 30, 2026 (2Q FY2026), from RM803.50 million in the previous corresponding quarter, attributed to higher total income and lower expected credit losses.
KUALA LUMPUR, August 28 (Bernama) -- Malaysia’s international reserve assets amounted to US$132.07 billion (US$1= RM4.02), while other foreign currency assets stood at US$368.50 million as of end-July 2026, said Bank Negara Malaysia (BNM).
KUALA LUMPUR, Aug 28 (Bernama) -- Bursa Malaysia remained in negative territory at midday, weighed down by persistent selling pressure in selected heavyweights, particularly utility counters.
KUALA LUMPUR, Aug 28 (Bernama) -- Bursa Malaysia’s key index turned lower at mid-morning, weighed down by selected heavyweights, particularly in the utilities, construction and financial services sectors.
KUALA LUMPUR, Aug 28 (Bernama) -- MISC Bhd’s share price fell 5.66 per cent in the early trading session today, despite its higher net profit in the second quarter ended June 30, 2026 (2Q 2026), announced yesterday.
KUALA LUMPUR, Aug 28 (Bernama) -- Bursa Malaysia opened higher on Friday, with pre-Merdeka buying interest potentially providing further support ahead of the National Day celebrations.
