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Ringgit Expected To Remain Well Supported Next Week Ahead Of BNM OPR Decision

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Aug 29 (Bernama) -- The ringgit is expected to remain well supported next week ahead of Bank Negara Malaysia’s (BNM) Monetary Policy Committee meeting on Sept 3, with the central bank widely expected to keep the Overnight Policy Rate (OPR) at 2.75 per cent.

Gold Futures Expected To Hold Firm Next Week On Lower Rate-Hike Odds

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Aug 29 (Bernama) --Gold futures on Bursa Malaysia Derivatives are expected to remain supported next week, with spot gold prices seen hovering around US$4,590 to US$4,610 per troy ounce amid reduced expectations of a US Federal Reserve (Fed) rate hike.

Rubber Market Expected To Remain Firm Next Week On Limited Supply

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, Aug 29 (Bernama) -- The Kuala Lumpur rubber market is seen to remain firm with a slight upward bias next week, supported by expectations of limited supply of the commodity amid adverse weather conditions.

Berjaya Corp Reduces Net Loss To RM340.36 Mln In FY2026

KUALA LUMPUR, Aug 28 (Bernama) -- Berjaya Corporation Bhd (BCorp) reduced its net loss to -RM340.36 million for the financial year ended June 30, 2026 (FY2026) from -RM541.97 million in FY2025.

CIMB 2Q Net Profit Rises To RM1.94 Bln, Declares 19.65 Sen Dividend

KUALA LUMPUR, Aug 28 (Bernama) -- CIMB Group Holdings Bhd’s net profit rose to RM1.94 billion in the second quarter ended June 30, 2026 (2Q 2026) compared to RM1.89 billion in 2Q 2026, supported by broad-based performance across all businesses.

Axiata Posts Net Profit Of RM42.52 Mln In 2Q

KUALA LUMPUR, Aug 28 (Bernama) -- Axiata Group Bhd's net profit declined to RM42.52 million in the second quarter ended June 30, 2026 (2Q 2026), from RM270.81 million a year earlier.

Gold Futures End Higher Despite Weaker COMEX Performance

KUALA LUMPUR, Aug 28 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed higher today, despite a weaker performance on the US Commodity Exchange (COMEX).

Ringgit Ends Higher Ahead Of Fed Chair’s Jackson Hole Remarks

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Aug 28 (Bernama) -- The ringgit ended higher against the greenback and major currencies on Friday ahead of US Federal Reserve (Fed) Chair Kevin Warsh’s speech at the Jackson Hole Symposium.

Thailand National AI Roadmap Places Productivity At Centre Of Transformation

KUALA LUMPUR, Aug 28 (Bernama) -- Thailand has officially handed over and disseminated the National AI Roadmap for the Sustainable Productivity of Industries in Thailand, placing productivity rather than technology adoption itself at the centre of the country’s artificial intelligence (AI) transformation agenda.

AIREI Launches Its Second AI-Based Smart Palm Oil Mill

IPOH, Aug 28 (Bernama) -- A Malaysia Digital (MD) status company, AIREI Sdn Bhd has launched its second artificial intelligence (AI)-based smart palm oil mill, this time with a significantly larger capacity of 60 tonnes per hour, up from 45 tonnes per hour at its first mill.

Sapient Intelligence Launches Autonomous AI R&D System PRAXIST

KUALA LUMPUR, Aug 28 (Bernama) -- Sapient Intelligence has launched PRAXIST (Beta), an autonomous artificial intelligence (AI) research and development (R&D) system that takes on complex technical problems and independently tests and validates potential solutions.

LSH Infra-Pertama Makmur JV Awarded Bandar Malaysia-Seri Kembangan Elevated Highway Project

By Nurul Hanis Izmir

PUTRAJAYA, Aug 28 (Bernama) -- LSH Infra Sdn Bhd and Pertama Makmur Sdn Bhd Joint Venture has been awarded the proposed development of the Bandar Malaysia-Seri Kembangan Elevated Highway (BSE), a strategic infrastructure project aimed at strengthening connectivity and easing traffic congestion in Greater Kuala Lumpur.