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Malaysia To Review New Investment Applicants To Ensure Domestic Economy Benefits -- Anwar

KUALA LUMPUR, Aug 20 (Bernama) -- Malaysia will review new investment applicants to ensure their activities generate employment and economic benefits for the country, said Prime Minister Datuk Seri Anwar Ibrahim.

Kossan Rubber's 2Q Net Profit Rises To RM64.47 Mln

KUALA LUMPUR, Aug 20 (Bernama) -- Kossan Rubber Industries Bhd's net profit for the second quarter ended June 30, 2026 (2Q 2026) had more than doubled to RM64.47 million from RM31.15 million in 2Q 2025, supported by improved performance across its divisions.

Malaysia Seeks REE Investors To Share Technology, Develop Full Supply Chain - Johari

IPOH, Aug 20 (Bernama) -- Malaysia wants investors exploring rare earth element (REE) opportunities in the country to bring and share their technology and participate directly across the entire supply chain, from upstream to downstream activities.

Ryt Bank Marks First Anniversary With 1.5 Mln Customers

KUALA LUMPUR, Aug 20 (Bernama) -- Ryt Bank has marked its first anniversary with more than 1.5 million customers, making it Malaysia's largest digital bank within its first year of operations.

BMI Raises 2026 Average CPO Price Forecast To RM4,453 On Tight Supply

KUALA LUMPUR, Aug 20 (Bernama) -- BMI, a Fitch Solutions company, has raised its 2026 average price forecast for front-month crude palm oil (CPO) futures listed on Bursa Malaysia to RM4,453 per tonne, up from RM4,300 per tonne forecast it had maintained since October 2025.

Co-opbank Pertama Issues Inaugural RM500 Mln Structured Covered Sukuk

KUALA LUMPUR, Aug 20 (Bernama) -- Co-opbank Pertama Bhd (CBP) has completed the inaugural issuance of RM500 million in Structured Covered Sukuk Wakalah through its special purpose vehicle, Himayah Sukuk Bhd.

Petronas Chemicals' Shares Slid 2.66 Pct In Early Trade

KUALA LUMPUR, Aug 20 (Bernama) --  Petronas Chemicals Group Bhd's (PCG) share price slid 2.66 per cent in early trade on Thursday, despite announcing a higher net profit in the second quarter ended June 30, 2026 (2Q 2026), yesterday.

Analysts See Stronger 2H FY2026 Performance For Petronas Chemicals

KUALA LUMPUR, Aug 20 (Bernama) -- Petronas Chemicals Group Bhd (PCG) is expected to deliver stronger performance in the second half of financial year 2026 (2H FY26), supported by higher plant utilisation following the completion of major turnarounds, analysts said.

YTL Power Partners JLand Group To Develop Gigawatt-scale Data Centre Campus In Johor

KUALA LUMPUR, Aug 19 (Bernama) -- YTL Power International Bhd and JLand Group have announced a strategic partnership to undertake a joint development at Sedenak Tech Park West (STeP) in Johor, which will include a new gigawatt-scale data centre campus.

CPO Prices To Remain Above RM4,600 In September On Tightening Supply, Geopolitical Disruptions -- MPOC

KUALA LUMPUR, Aug 19 (Bernama) -- Crude palm oil (CPO) prices are expected to remain firm above RM4,600 per tonne in September, supported by tightening supply fundamentals and continued geopolitical disruptions to global trade flows, said the Malaysian Palm Oil Council (MPOC).

Petronas Chemicals 2Q Net Profit At RM414 Mln Vs RM1.08 Bln Net Loss A Year Ago

KUALA LUMPUR, Aug 19 (Bernama) -- Petronas Chemicals Group Bhd's (PCG) net profit surged to RM414 million in the second quarter ended June 30, 2026 (2Q FY2026) from a net loss of RM1.08 billion in the same quarter a year earlier.

Bursa Malaysia Remains Lower At Midday

KUALA LUMPUR, Aug 19 (Bernama) -- Bursa Malaysia remained lower at midday, tracking the downbeat performances on Wall Street overnight and regional markets, amid escalating tensions in West Asia.