Budget 2027: MATTA Seeks Better Tax Incentives, Tourism Investment

KUALA LUMPUR, Aug 26 (Bernama) -- Better tax incentives for tour operators, increased investment in tourism infrastructure and a higher promotional allocation are among the Malaysian Association of Tour and Travel Agents’ (MATTA) key wish list items for Budget 2027.

Automotive Component Makers Urged To Venture Into Humanoid Robotics, Firms To Get More Incentives For Localisation, R&D

KUALA LUMPUR, Aug 26 (Bernama) -- Deputy Minister of Investment, Trade and Industry, Sim Tze Tzin, has urged the local automotive components sector, particularly manufacturers of critical parts, to venture into the next frontier of technology by exploring opportunities in humanoid robotics.

Interactive Brokers, Daol Partner To Expand Access To Global Equities

KUALA LUMPUR, Aug 26 (Bernama) -- Interactive Brokers, an automated global broker, has collaborated with Daol Investment & Securities to provide eligible Korean investors with cost-effective access to global equities via Daol's platform, supported by IBKR's advanced trading infrastructure.

IPPFA Raises Malaysia’s 2026 GDP Growth Forecast To 5.4 Pct

KUALA LUMPUR, Aug 26 (Bernama) -- Financial advisory firm IPPFA Sdn Bhd has raised Malaysia's gross domestic product (GDP) growth forecast for 2026 to 5.4 per cent from 4.6 per cent previously.

Coventry’s LILY Programme Reaches US$1 Bln In Life Insurance-Backed Financing

KUALA LUMPUR, Aug 26 (Bernama) -- Coventry has announced the successful completion of its fourth asset-backed securitisation since April 2025 under its LILY programme, bringing total life insurance-backed financing across the platform to US$1 billion. (US$1=RM4.03)

Bank Islam Net Profit Up 9.8 Pct To RM139.12 Mln In 2Q

KUALA LUMPUR, Aug 26 (Bernama) -- Bank Islam Malaysia Bhd's net profit for the second quarter ended June 30, 2026 (2Q 2026) rose by 9.8 per cent to RM139.12 million from RM126.68 million a year ago, driven by higher net income and lower total overheads. 

UOB Malaysia Completes Malaysia's First Brokered MYOR-based Interbank Transaction With RHB, Maybank 

KUALA LUMPUR, Aug 26 (Bernama) -- UOB Malaysia, RHB Banking Group (RHB) and Malayan Banking Bhd (Maybank) have successfully executed the first Malaysia Overnight Rate (MYOR)-based three-month interbank money market transaction, incorporating a two-day lookback calculation convention. 

Kuala Lumpur Kepong Shares Down 0.45 Pct In Early Trade

KUALA LUMPUR, Aug 26 (Bernama) -- Kuala Lumpur Kepong Bhd’s (KLK) share price slid 0.45 per cent in early trade today, following a recent third-quarter (3Q FY2026) net loss for the current financial year.

Petronas Dagangan's Share Price Up 1.60 Pct In Early Trade

KUALA LUMPUR, Aug 26 (Bernama) -- Petronas Dagangan Bhd’s share price rose 1.60 per cent in early trade on Wednesday after the company posted a higher net profit in the second quarter ended June 30, 2026 (2Q 2026).

Shipping, Logistics Ecosystem Needs Investment To Keep Pace With Cargo Growth -- SAM

KUALA LUMPUR, Aug 26 (Bernama) -- Malaysia needs to address the lack of investment across its shipping and logistics ecosystem as gateway cargo grows while capacity in supporting industries shrinks, said Shipping Association Malaysia (SAM) chairman Ooi Lean Hin.

Malaysia Carves Premium Niche In Asia's Digital-Infra Race - Economist

By Nor Baizura Basri

KUALA LUMPUR, Aug 25 (Bernama) -- Malaysia is carving out a premium niche in Asia's digital-infrastructure race, combining scalable power, connectivity, execution speed, industrial depth and hyperscale capital, says an economist.

Sidec’s Selangor Triple Accelerator Programme Showcases 90 Startups

KUALA LUMPUR, Aug 24 (Bernama) -- The Selangor Triple Accelerator Programme 2026 Showcase, held from Aug 18 to 20, provided 90 startups with a platform for live pitching, product showcases and industry engagement, enabling them to build, refine and strengthen their businesses.