Bank Islam Net Profit Up 9.8 Pct To RM139.12 Mln In 2Q

KUALA LUMPUR, Aug 26 (Bernama) -- Bank Islam Malaysia Bhd's net profit for the second quarter ended June 30, 2026 (2Q 2026) rose by 9.8 per cent to RM139.12 million from RM126.68 million a year ago, driven by higher net income and lower total overheads. 

Bursa Malaysia Stays Higher At Midday

KUALA LUMPUR, Aug 26 (Bernama) -- Bursa Malaysia remained higher at midday, in line with most regional markets, supported by easing US Treasury yields and softer oil prices.

UOB Malaysia Completes Malaysia's First Brokered MYOR-based Interbank Transaction With RHB, Maybank 

KUALA LUMPUR, Aug 26 (Bernama) -- UOB Malaysia, RHB Banking Group (RHB) and Malayan Banking Bhd (Maybank) have successfully executed the first Malaysia Overnight Rate (MYOR)-based three-month interbank money market transaction, incorporating a two-day lookback calculation convention. 

Bursa Malaysia Opens Higher On Resilient Domestic Fundamentals

KUALA LUMPUR, Aug 26 (Bernama) -- Bursa Malaysia opened higher on Wednesday, supported by resilient domestic fundamentals, although cautious sentiment amid the ongoing earnings season might cap gains.

Ringgit Opens Higher Against US Dollar As US Treasury Yields Ease

KUALA LUMPUR, Aug 26 (Bernama) -- The ringgit opened higher against the US dollar on Wednesday, supported by a softer greenback and easing US Treasury yields, said an analyst. 

Asia-Pacific Airlines To Maintain Growth Despite Cost Headwinds - S&P

KUALA LUMPUR, Aug 25 (Bernama) -- Asia-Pacific airlines are strengthening their defences against industry headwinds by continuing to invest heavily in fuel-efficient aircraft, supported by long-term demand prospects, lower debt following the pandemic and a diverse funding mix, S&P Global Ratings said.

Malaysia Carves Premium Niche In Asia's Digital-Infra Race - Economist

By Nor Baizura Basri

KUALA LUMPUR, Aug 25 (Bernama) -- Malaysia is carving out a premium niche in Asia's digital-infrastructure race, combining scalable power, connectivity, execution speed, industrial depth and hyperscale capital, says an economist.

Sidec’s Selangor Triple Accelerator Programme Showcases 90 Startups

KUALA LUMPUR, Aug 24 (Bernama) -- The Selangor Triple Accelerator Programme 2026 Showcase, held from Aug 18 to 20, provided 90 startups with a platform for live pitching, product showcases and industry engagement, enabling them to build, refine and strengthen their businesses.

Insuring A Nation’s Journey: Malaysia’s Insurance Industry Through The Years

KUALA LUMPUR, 25 Aug (Bernama) -- It goes without saying the insurance sector played a vital role from Malaysia’s pre-independence era to the present day in providing financial protection to individuals, businesses, mobilising capital and act as a stabilising factor during economic crises.

Monsoon May Ease ‘Super El Nino’ Potential Impact On Palm Oil Output

By Danni Haizal Danial Donald

KUALA LUMPUR, Aug 25 (Bernama) – The upcoming monsoon season in December is expected to help mitigate the potential impact of a Super El Niño weather phenomenon on Malaysia’s palm oil production, said Malaysian Palm Oil Council (MPOC) chief executive officer Belvinder Sron.

Kuantan Port Eyes Liquid Cargo Diversification, To Handle 30 Mln Tonnes Of Liquefied CO2 Annually By 2050

KUALA LUMPUR, Aug 25 (Bernama) -- Kuantan Port Consortium Sdn Bhd has projected liquefied carbon dioxide (CO2) handling to reach five million tonnes per year by 2030 in the first phase, potentially rising to 30 million tonnes per annum by 2050.

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.