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Haikou-Penang Direct Flights To Take Off Oct 11

GEORGE TOWN, Aug 12 (Bernama) -- The Haikou-Penang direct flight service will be launched on Oct 11, making Haikou the ninth Chinese city to have a scheduled direct air link with Penang, said State Tourism and Creative Economy Committee chairman Wong Hon Wai.

ACE Market-bound Pioneer Heat Aims To Raise RM21.68 Mln From IPO

KUALA LUMPUR, Aug 12 (Bernama) – Pioneer Heat Holdings Bhd aims to raise RM21.68 million from its initial public offering (IPO) following its listing on the ACE Market of Bursa Malaysia on Sept 17, 2026.

Services Sector Revenue Up 11.2 Pct To RM714.7 Bln In 2Q 2026 - DOSM

KUALA LUMPUR, Aug 12 (Bernama) -- The services sector expanded by 11.2 per cent year-on-year (y-o-y) in the second quarter of 2026 (2Q 2026), with revenue reaching RM714.7 billion, according to the Department of Statistics Malaysia (DOSM).

RE Players Need More Flexible Risk Assessment To Boost Project Bankability – SEDA

KUALA LUMPUR, Aug 12 (Bernama) -- Securing project bankability and adapting conventional risk assessment approaches are among the challenges facing Malaysia’s renewable energy (RE) sector, despite the availability of green financing and financial institutions’ environmental, social and governance (ESG)  commitments.

Bursa Malaysia Stays Higher At Midday

KUALA LUMPUR, Aug 12 (Bernama) -- Bursa Malaysia continued its positive tone at midday, supported by gains in heavyweight utility and industrial products counters.

Teleport, Avalon Airport Partner To Establish Victoria Operations Hub

KUALA LUMPUR, Aug 12 (Bernama) -- Capital A’s logistics venture and e-commerce logistics specialist, Teleport, has signed a partnership agreement with Avalon Airport Melbourne to establish Avalon as Teleport’s latest strategic operations hub in Victoria, Australia.

Claim That TH Suffered Losses Due To Stock Market Downturn Is Baseless - Amir Hamzah

KUALA LUMPUR, Aug 11 (Bernama) -- Claims that Tabung Haji (TH) suffered losses due to a stock market downturn are baseless, as the stock market remained strong and reached its highest level in 2018, while the decline that year was only about 6 per cent.

CGC Awards 2025 Honours MSME Resilience, Bumiputera Participation

KUALA LUMPUR, Aug 11 (Bernama) -- The 31st CGC Awards 2025 honoured 32 outstanding achievements by Malaysia’s micro, small and medium enterprises (MSMEs) and key players in the financial ecosystem.

TH Posts Almost RM13 Bln In Losses From 14 Investments, Seven of Which 100 Pct Losses - Amir Hamzah

By Nurunnasihah Ahmad Rashid and Durratul Ain Ahmad Fuad

KUALA LUMPUR, Aug 11 (Bernama) -- Lembaga Tabung Haji (TH) incurred losses of nearly RM13 billion through 14 problematic investments, seven of which suffered losses of 100 per cent, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Bursa Malaysia Ends Lower On Higher Oil Prices, Geopolitical Concerns

By Abdul Hamid A Rahman

KUALA LUMPUR, Aug 11 (Bernama) -- Bursa Malaysia ended lower on Tuesday, as renewed gains in crude oil prices and persistent geopolitical concerns weighed on investor sentiment.

Bursa Malaysia Stays Lower At Midday

KUALA LUMPUR, Aug 11 (Bernama) -- Bursa Malaysia remained lower at midday, weighed down by declines in the financial services, utilities, and plantation counters.

Malaysia-Hong Kong Dual IPO Listing Framework To Take Effect Next Month - Anthony Loke

KUALA LUMPUR, Aug 11 (Bernama) -- The simplified dual initial public offering (IPO) listing framework between Malaysia and Hong Kong will take effect next month, further strengthening capital market linkages between the two economies.