Guan Chong's Net Profit Soars To RM253.02 Mln In 2Q

KUALA LUMPUR, Aug 24 (Bernama) -- Guan Chong Bhd's net profit surged to RM253.02 million in the second quarter (2Q) ended June 30, 2026 compared with RM48.20 million in 2Q last year.

Sime Darby Property's 2Q Net Profit Rises To RM322.03 Mln

KUALA LUMPUR, Aug 24 (Bernama) -- Sime Darby Property Bhd’s net profit rose to RM322.03 million in the second quarter ended June 30, 2026 (2Q 2026) compared to RM143.54 million in the same quarter a year ago.

Trang, Malay Chamber Of Commerce Kedah Chapter Organise Networking Event

ALOR SETAR, Aug 24 (Bernama) -- The Malay Chamber of Commerce Malaysia (DPMM) Kedah and the Trang Chamber of Commerce and Industry, Thailand, have organised a business matching and networking programme (B2B) to strengthen the cross-border economy, particularly in the tourism and halal industries.

Bursa Malaysia Ends Flat As Market Awaits Earnings For Direction

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Aug 24 (Bernama) -- Bursa Malaysia ended marginally lower on Monday as investors awaited further corporate earnings results for clearer market direction, an analyst said.

Bank Muamalat Opens New Branch In Kuala Selangor

SHAH ALAM,  Aug 24 (Bernama) --  Bank Muamalat Malaysia Berhad (Bank Muamalat) continues to expand access to Islamic banking services with the official opening of its Kuala Selangor branch today.

Khazanah Seeks More Startups To Scale Via Dana Impak After Skyechip Success

By Karina Imran & Nabilah Saleh

KUALA LUMPUR, Aug 24 (Bernama) -- Khazanah Nasional Bhd has seen strong participation from venture capital players in SkyeChip Bhd’s growth and hopes more Malaysian start-ups will take similar steps to scale and tap funding opportunities under its Dana Impak programme.

MATRADE Raises MIHAS 2026 Sales Target To RM5 Bln

KUALA LUMPUR, Aug 24 (Bernama) -- The Malaysia External Trade Development Corporation (MATRADE) has raised its sales target for the 22nd Malaysia International Halal Showcase (MIHAS 2026) to RM5 billion from RM4.5 billion, following strong interest from international buyers.

Malaysian Pacific Industries’ AI-related Revenue To Exceed RM500 Mln Annually - CIMB Securities

KUALA LUMPUR, Aug 24 (Bernama) -- Malaysian Pacific Industries Bhd’s (MPI) revenue is expected to exceed RM500 million annually by financial year 2027 (FY2027), driven by artificial intelligence (AI)-related products, according to CIMB Securities Sdn Bhd.

McDonald’s Malaysia, TNB Deepen Clean Energy Partnership

BATU KAWAN, Aug 24 (Bernama) – McDonald’s Malaysia is expanding its renewable energy partnership with the Tenaga Nasional Berhad (TNB) through rooftop solar installations, renewable electricity sourcing and electric vehicle (EV) charging facilities as part of efforts to strengthen sustainability across its restaurant network.

Malaysia’s Leading Index Rises 1.3 Pct In June

KUALA LUMPUR, Aug 24 (Bernama) -- Malaysia’s Leading Index (LI) rose 1.3 per cent year-on-year (y-o-y) to 114.8 points in June 2026 from 113.3 points a year earlier, indicating that the country’s near-term economic prospects remain positive.

Bursa Malaysia Stays Flat At Midday As Investors Assess Earnings And Corporate Outlook

KUALA LUMPUR, Aug 24 (Bernama) -- Bursa Malaysia remained flat at midday as investors stayed cautious amid the ongoing earnings season, closely monitoring earnings delivery, asset quality trends and the corporate outlook.

Bursa Malaysia Turns Lower At Mid-Morning

KUALA LUMPUR, Aug 24 (Bernama) -- Bursa Malaysia’s key index turned red at mid-morning, weighed down by healthcare and utilities sectors.