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.

Gold Futures Expected To Top US$4,600 Next Week

By Zufazlin Baharuddin

KUALA LUMPUR, Aug 22 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to breach US$4,600 per troy ounce next week.

TH's RM11.5 Bln Sukuk Not A New Bailout - Nungsari

By Harizah Hanim Mohamed

KUALA LUMPUR, Aug 22 (Bernama) -- The RM11.5 billion sukuk issued by Urusharta Jamaah Sdn Bhd (UJSB) is a rollover of the maturing sukuk arising from the original Tabung Haji (TH) bailout, rather than a new one, said economist Dr Nungsari Ahmad Radhi.

Malaysia To Host ICOPA 2030 In Kuching, First In Southeast Asia

KUALA LUMPUR, Aug 21 (Bernama) -- Malaysia has clinched the hosting rights for the International Congress on Parasitology (ICOPA) 2030, which will be held at the Borneo Convention Centre Kuching, Sarawak, from Aug 18-23, 2030.

HAVI To Open Malaysia TechHUB In November, Its First In Asia-Pacific

KUALA LUMPUR, Aug 21 (Bernama) — Global supply chain leader HAVI will open its TechHUB in Malaysia in November this year, one of only four such hubs worldwide and its first in Asia Pacific.

Bank Islam Announces Retirement Of Chairman Ismail Bakar

KUALA LUMPUR, Aug 21 (Bernama) -- Bank Islam Malaysia Bhd has announced the retirement of its chairman, Tan Sri Dr Ismail Bakar, effective Aug 22, 2026, after six years on the board.

MNRB Net Profit Rises To RM183.75 Mln In 1Q FY2027

KUALA LUMPUR, Aug 21 (Bernama) -- MNRB Holdings Bhd’s net profit rose to RM183.75 million in the first quarter ended June 30, 2026 (1Q FY2027) from RM168.43 million in 1Q 2026 due to better contributions from the reinsurance, family takaful and retakaful businesses.

Ringgit Ends Week On Strong Footing As US Bond Market Concerns Weigh On US Dollar

By Zufazlin Baharuddin

KUALA LUMPUR, Aug 21 (Bernama) -- The ringgit ended the week on a strong footing against the US dollar despite higher United States Treasury yields.

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.

MMHE Records Surge In Net Profit To RM60.59 Mln In 2Q 2026

KUALA LUMPUR, Aug 21 (Bernama) -- Malaysia Marine and Heavy Engineering Holdings Bhd posted a higher net profit of RM60.59 million for the second quarter ended June 30, 2026 (2Q 2026) compared with RM10.05 million in 2Q 2025. 

Malaysia Targets Arm Collaboration Chips To Enter Production By 2030 - Akmal Nasrullah

PUTRAJAYA, Aug 21 (Bernama) -- Malaysia aims for locally manufactured chips developed in collaboration with Arm Ltd to enter the production stage and be used in the country’s semiconductor supply chain by 2030, said Economy Minister Akmal Nasrullah Mohd Nasir. 

Bursa Malaysia Rebounds At Midday On Resilient Domestic Fundamentals

KUALA LUMPUR, Aug 21 (Bernama) -- Bursa Malaysia rebounded at midday, with sentiment supported by Malaysia’s resilient domestic fundamentals.