Ringgit Extends Gains To Close Higher Vs Major, Regional Currencies

By Zufazlin Baharuddin

KUALA LUMPUR, Aug 18 (Bernama) -- The ringgit extended its gains to close higher against major and regional currencies on Tuesday, as declining expectations of a US Federal Reserve interest rate hike in September weighed on the greenback.

Tencent Cloud Establishes Its First Malaysian Cloud Region In Johor

KUALA LUMPUR, Aug 18 (Bernama) -- Tencent Cloud has established its first cloud region in Malaysia, comprising up to three availability zones in Johor, as the company strengthens its cloud and artificial intelligence (AI) infrastructure to support enterprises in the country.

Dutch Lady 2Q Net Profit Rises To RM38.17 Mln

KUALA LUMPUR, Aug 18 (Bernama) -- Dutch Lady Milk Industries Bhd’s (DLMI) net profit for the second quarter ended June 30, 2026 (2Q 2026) rose to RM38.17 million versus RM23.39 million in 2Q 2025.

Johor Plantations Net Profit Slips To RM51 Mln In 2Q Due To Higher Sales Cost

KUALA LUMPUR, Aug 18 (Bernama) -- Johor Plantations Group Bhd’s (JPG) net profit fell to RM51.15 million in the second quarter ended June 30, 2026 (2Q 2026) from RM75.20 million in the same period a year ago.

MSC Subsidiary Directed To Temporarily Suspend Tin Mining Operations

KUALA LUMPUR, Aug 18 (Bernama) -- Malaysia Smelting Corporation Bhd’s (MSC) 80 per cent-owned subsidiary, Rahman Hydraulic Tin Sdn Bhd (RHT), has been directed by the Perak Department of Minerals and Geosciences (JMG Perak) to temporarily suspend its mining operations.

Commodity, Plantation Stocks Lift Bursa Malaysia To End Higher

KUALA LUMPUR, Aug 18 (Bernama) -- Bursa Malaysia ended higher on Tuesday, outperforming most regional markets as investors continued to rotate towards commodity and plantation-related stocks, an analyst said.

MADANI Reforms Strengthen Governance, Raise Ceiling And Floor -- MOF

KUALA LUMPUR, Aug 18 (Bernama) -- The MADANI Government has made progress in governance reform, national competitiveness and efforts to raise the people’s living standards over the past three and a half years, guided by the three pillars of Good Governance in Public Administration, Raising the Ceiling and Raising the Floor.

Indonesia’s External Debt Rises 4.4 Pct To US$453.4 Bln In Q2 2026 - BI

JAKARTA, Aug 18 (Bernama) -- Indonesia’s external debt rose 4.4 per cent year-on-year (y-o-y) to US$453.4 billion (US$1=RM4.05) in the second quarter of 2026, driven by higher public external debt amid a slower contraction in private-sector debt.

THL Partners Makes Majority Investment In Queue-it

KUALA LUMPUR, Aug 18 (Bernama) -- THL Partners (THL), a private equity firm investing in middle-market growth companies, has announced a definitive agreement for a majority investment in Queue-it, an online traffic orchestration solutions provider.

Wealth Creation, Asset Ownership Crucial For Malaysia’s Future Prosperity -- Bursa CEO

KUALA LUMPUR, Aug 18 (Bernama) -- Malaysia’s future prosperity must be underpinned by wealth creation and asset ownership, with capital markets playing a key role in strengthening intergenerational financial resilience, said Bursa Malaysia Bhd chief executive officer Datuk Fad’l Mohamed.

Rubber Market Ends Lower On Regional Weakness, Stronger Ringgit

By Abdul Hamid A Rahman

KUALA LUMPUR, Aug 18 (Bernama) -- The Kuala Lumpur rubber market ended lower on Tuesday, influenced by losses in regional rubber futures markets and a stronger ringgit against the US dollar, said a dealer.

AmBank Group's Net Profit Rises 0.8 Pct To RM520.23 Mln In 1Q FY2027

KUALA LUMPUR, Aug 18 (Bernama) -- AMMB Holdings Bhd (AmBank Group) recorded net profit of RM520.23 million in the first quarter ended June 30, 2026 (1Q FY2027), an increase of 0.8 per cent, as compared with RM516.18 million in the same period of FY2026.