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Double-digit Medical Claims Growth Set To Continue Near Term

KUALA LUMPUR, Aug 27 (Bernama) -- Double-digit medical claims growth is expected to persist in the near term following a 12.28 per cent rise in claims inflation in 2025, driven mainly by more insured individuals seeking treatment at private hospitals.

Maybank Posts Net Profit Of RM2.69 Bln In 2Q

KUALA LUMPUR, Aug 27 (Bernama) -- Malayan Banking Bhd’s (Maybank) net profit for the second quarter ended June 30, 2026 (2Q 2026) rose by 2.4 per cent to RM2.69 billion from RM2.62 billion a year ago. 

CIMB Completes RM1.38 Bln Tokenised Sukuk Settlement Pilot Test

KUALA LUMPUR, Aug 27 (Bernama) -- CIMB Group Holdings Bhd has completed a pilot test of tokenised sukuk settlement using tokenised deposits, involving RM1.38 billion worth of tokenised sukuk subscribed by 12 institutional investors.

Bursa Malaysia Turns Mixed At Midday

KUALA LUMPUR, Aug 27 (Bernama) -- Bursa Malaysia turned mixed at midday, with utilities, telecommunications and media, as well as industrial products and services counters continuing to provide support to the local bourse.

Malaysia Must Strengthen Market Foundations To Stay Competitive – Amir Hamzah

KUALA LUMPUR, Aug 27 (Bernama) -- Malaysia must go beyond embracing new technologies by strengthening market foundations, improving efficiency and widening access to capital to keep its financial and capital markets competitive, resilient and relevant.

Supply For Medical Device Industry Remain Stable Amid Geopolitical Uncertainty

KUALA LUMPUR, Aug 27 (Bernama) -- The supply outlook for the medical device industry remains stable amid the ongoing geopolitical uncertainty, said Economy Minister Akmal Nasrullah Mohd Nasir.

Ringgit Opens Marginally Higher Against US Dollar

By Karina Imran

KUALA LUMPUR, Aug 27 (Bernama) -- The ringgit opened slightly higher against the US dollar on Thursday, supported by mild buying interest after recent gains, although a stronger greenback limited further upside, said an analyst. 

Mainland China Postgraduates At UKM Help Empower Special Needs Students

KUALA LUMPUR, Aug 27 (Bernama) -- A group of postgraduate students from mainland China at Universiti Kebangsaan Malaysia (UKM) is helping to economically empower special needs students from a school in Ampang, Selangor, with skills that will help them find employment and improve their economic status.

Bursa Malaysia Opens Higher Ahead Of Potential Pre-Merdeka Buying Interest

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Aug 27 (Bernama) -- Bursa Malaysia opened higher on Thursday, with investors positioning for potential pre-Merdeka buying interest ahead of the upcoming National Day celebrations.

BNM Fines Setel, Standard Chartered Bank, Standard Chartered Saadiq For Non-compliance

KUALA LUMPUR, Aug 26 (Bernama) -- Bank Negara Malaysia (BNM) has imposed administrative monetary penalties on Setel Ventures Sdn Bhd, Standard Chartered Bank Malaysia Bhd, and Standard Chartered Saadiq Bhd for failure to comply with targeted financial sanctions (TFS) requirements.

Petronas Gas 2Q Net Profit Rises To RM453.33 Mln

KUALA LUMPUR, Aug 26 (Bernama) -- Petronas Gas Bhd’s (PGB) net profit rose to RM453.33 million in the second quarter ended June 30,2026 (2Q FY2026) from RM450.19 million in the same period last year.

Bursa Malaysia Ends Higher As YTL, Banking Counters Lift Market

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Aug 26 (Bernama) -- Bursa Malaysia ended higher on Wednesday, in line with most regional markets, as lower oil prices eased inflationary pressure and improved risk appetite, with buying interest mainly focused on YTL-related and banking counters, an analyst said.