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.

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.

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.

Utilities, Transportation, Healthcare Draw RM230.2 Mln Net Inflows - MBSB IB

KUALA LUMPUR, Aug 24 (Bernama) -- Utilities, transportation and logistics, and healthcare attracted combined net foreign inflows of RM230.2 million into Bursa Malaysia last week, according to MBSB Investment Bank Bhd (MBSB IB).

Timber Industry Needs To Shift To Higher-Value Product -- Noraini

KUALA LUMPUR, Aug 22 (Bernama) -- Malaysia’s timber industry needs to shift from volume-based production to producing high-value products to increase competitiveness and build a Malaysian brand with its own identity, said Plantations and Commodities Minister Datuk Seri Dr Noraini Ahmad.

MATRADE's Cambodia Export Mission Surpasses Target To Record RM186 Mln In Sales

KUALA LUMPUR, Aug 21 (Bernama) -- The Malaysia External Trade Development Corporation (MATRADE) has recorded RM186 million in sales for its Export Acceleration Mission (EAM) to Cambodia, surpassing the initial target of RM100 million.

EV Localisation Policy Should Strengthen Industry, Not Restrict Competition -- Penang CM

BATU KAWAN, Aug 21 (Bernama) – Malaysia’s electric vehicle (EV) localisation policy should strengthen the domestic industry without restricting competition, consumer choice or investor confidence.

Research Houses Positive On FBM KLCI Expansion To 50 Constituents

KUALA LUMPUR, Aug 21 (Bernama) -- Research houses are positive on the expansion of the FTSE Bursa Malaysia KLCI (FBM KLCI) from 30 to 50 constituents, believing that the move would provide broader market representation and greater sector diversification.

Mary Kay Highlights Business Transformation, Digital Expansion

KUALA LUMPUR, Aug 20 (Bernama) -- Mary Kay Inc (Mary Kay) has announced a series of business milestones as part of its efforts to modernise its operations and strengthen digital engagement with consumers and its Independent Beauty Consultants.

Malaysia-Cambodia Business Mission Targets RM100 Mln In Potential Trade

By Vijian Paramasivam

PHNOM PENH, Aug 19 (Bernama) -- The Malaysia External Trade Development Corporation (MATRADE) is targeting RM100 million in potential trade from its Export Acceleration Mission to Cambodia.

Malaysia GDP Can Grow Above 5 Pct In 2026, Expectation Not Overly Optimistic - Economist

By Harizah Hanim Mohamed

KUALA LUMPUR, Aug 19 (Bernama) -- Expectations for Malaysia’s economy to grow by more than five per cent in 2026 are not overly optimistic, given its strong first-half performance, resilient global trade and rising foreign direct investment (FDI), particularly in data centres, semiconductors and artificial intelligence (AI).

MPM Clarifies Labuan Port Remains Fully Operational

LABUAN, Aug 19 (Bernama) -- Megah Port Management Sdn Bhd (MPM), the operator of Labuan Port, today clarified that a recent report on the temporary closure of a jetty does not involve the closure or suspension of operations at Labuan Port.