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KUALA LUMPUR, Aug 17 (Bernama) -- The Employees Provident Fund (EPF) registered 441,846 new members in the first six months ended June 30, 2026 (1H 2026), bringing total membership to close to 18.5 million.
KUALA LUMPUR, Aug 17 (Bernama) -- Bursa Malaysia ended lower on Monday as investor sentiment weakened amid renewed concerns over geopolitical tensions and global economic growth, an analyst said.
GEORGE TOWN, Aug 17 (Bernama) -- Celestica Inc is set to expand its workforce in Malaysia by more than 2,100 employees as global demand for artificial intelligence (AI) infrastructure and cloud computing continues to accelerate.
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.
KUALA LUMPUR, Aug 17 (Bernama) -- Malaysia’s stronger-than-expected second quarter (2Q) economic growth has prompted Public Investment Bank Bhd (PublicInvest) to raise its 2026 gross domestic product (GDP) forecast to 5.4 per cent year-on-year (y-o-y) from 4.6 per cent.
KUALA LUMPUR, Aug 17 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) expects Malaysia’s 2026 current account to remain firmly in surplus, maintaining a forecast at 2.1 per cent of gross domestic product (GDP), compared with 1.6 per cent in 2025.
KUALA LUMPUR, Aug 17 (Bernama) -- IDFC FIRST Bank, one of India's fast-growing private banks, has received its inaugural international investment-grade issuer credit ratings from S&P Global Ratings, with a ‘BBB-’ long-term rating and ‘A-3’ short-term rating, both with a stable outlook.
By Nurunnasihah Ahmad Rashid & Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Aug 17 (Bernama) -- The ringgit opened higher against the US dollar, tracking Malaysia’s stronger-than-expected second quarter 2026 (2Q 2026) Gross Domestic Product (GDP) growth of 6.0 per cent, said an economist.
GEORGE TOWN, Aug 16 (Bernama) -- Penang plans to shift from its current dominance in assembly and testing activities towards high-value upstream activities such as chip design, system architecture and prototype development, in a bid to become a leading semiconductor design hub in ASEAN by 2040.
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.
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.
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.
