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Malakoff Net Profit Falls To RM31.71 Mln In 2Q 2026

KUALA LUMPUR, Aug 17 (Bernama) -- Malakoff Corporation Bhd’s net profit fell to RM31.71 million in the second quarter ended June 30, 2026 (2Q 2026) from RM62.83 million in the same period last year.

99 Speed Mart Net Profit 13.4 Pct Higher To RM163.95 Mln In 2Q 2026

KUALA LUMPUR, Aug 17 (Bernama) -- 99 Speed Mart Retail Holdings Bhd's (99 Holdings) net profit for the second quarter ended June 30, 2026 (2Q 2026) rose by 13.4 per cent to RM163.95 million from RM144.63 million a year ago.

Kenanga IB Maintains Ringgit Forecast Of RM3.95 To US Dollar By Year-end

KUALA LUMPUR, Aug 17 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) has retained its ringgit forecast of RM3.95 to the US dollar by year-end, underpinned by resilient growth, a sustained current account (CA) surplus and record foreign-currency deposits.

Crossbow Named As GEAR Member, Contributing Payment Security Expertise

KUALA LUMPUR, Aug 17 (Bernama) -- Crossbow Enterprise Cybersecurity, an enterprise cybersecurity partner, has been selected to serve on the PCI Security Standards Council’s (PCI SSC) 2026–2028 Global Executive Assessor Roundtable (GEAR) for its third consecutive term.

IHH Healthcare Aims To Nearly Double Hospital Beds In India To 10,000 By 2031

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Aug 16 (Bernama) --  Private healthcare provider IHH Healthcare Bhd. plans to nearly double its operational hospital beds in India to about 10,000 by 2031 from around 6,100 currently, with an estimated investment of about US$250,000 (US$1=RM4.08) per bed.

Is Malaysia Really Ready For Battery EV Transition?

By Niam Seet Wei

KUALA LUMPUR, Aug 16 (Bernama) -- A year ago, during my Wolfson Press Fellowship at the University of Cambridge in the United Kingdom, I was grappling with a question I was not entirely sure I wanted to answer.

TH Needs To Focus On Sustainable Returns, Prioritise Savings Of Pilgrims - Economist

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Aug 16 (Bernama) -- Lembaga Tabung Haji (TH) needs to focus on reasonable and sustainable investment returns commensurate with the level of risk that can be accepted, with the protection of the savings of prospective pilgrims remaining a priority, according to an economist.

Digital Ministry Studying Incentives To Promote AI Use In 2027 Budget - Gobind

PETALING JAYA, Aug 15 (Bernama) -- The government will focus on efforts to expand the use of artificial intelligence (AI) technology, including exploring systems that can promote the wider use of AI tools, when tabling the 2027 Budget this October.

Institutional Maturity, Policy Consistency Pillars Of Economic Resilience

By Mohd Fharkhan Abdul Ghapar dan Nor Azeera Adam

KUALA LUMPUR, Aug 15 (Bernama) -- The ability of national institutions to continue functioning professionally and the consistency of policies have become key strengths for Malaysia in maintaining economic resilience and investor confidence, despite the dynamic domestic political environment.

Pos Malaysia Trims 2Q Net Loss To RM43.46 Mln

KUALA LUMPUR, Aug 14 (Bernama) -- Pos Malaysia Bhd trimmed its net loss to RM43.46 million in the second quarter ended June 30, 2026 (2Q FY2026), compared with RM45.41 million in the same quarter a year ago.

Economists Upbeat On Malaysia’s 2026 Outlook After 6.0 Pct 2Q GDP Growth

By Danni Haizal Danial Donald

KUALA LUMPUR, Aug 14 (Bernama) -- Economists have raised their growth expectations for Malaysia’s economy in 2026 following the stronger-than-expected gross domestic product (GDP) performance in the second quarter (2Q) of 2026.

Proactive Measures Help Sustain Malaysia’s GDP Growth Momentum Amid West Asia Conflict – Anwar

KUALA LUMPUR, Aug 14 (Bernama) -- The government’s proactive response to the West Asia crisis, including financing support for affected small and medium enterprises (SMEs) and targeted fuel subsidies, helped sustain household spending and business activity in the country.