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Resintech Subsidiary Secures RM41 Mln Financing For Hostel, Retail Development

KUALA LUMPUR, Aug 14 (Bernama) -- Resintech Bhd's 55 per cent-owned subsidiary, Johan Panglima (M) Sdn Bhd, has secured Commodity Murabahah term financing facilities totalling RM41 million from Alliance Islamic Bank Bhd to redeem land and part-finance a hostel and retail development in Selangor.

Indonesia Proposes RP4.09 Quadrillion Spending For 2027; Targets 6.0 Pct Growth

JAKARTA, Aug 14 (Bernama) -- Indonesia has proposed a state expenditure of Rp4.09 quadrillion (Rp1 million= RM228.40) for 2027 to support eight national priority programmes, as the government targets to achieve a stronger economic growth of six per cent next year.

Penang Records RM350 Bln In E&E Exports In 1h 2026, Needs More Skilled Talent

GEORGE TOWN, Aug 14 (Bernama) -- Penang recorded more than RM350 billion in electrical and electronics (E&E) exports in the first half of 2026 (1H 2026), an increase of more than 80 per cent compared with the same period last year.

Economy Maintains Strong Momentum With 6 Pct 2Q Growth -- Akmal Nasrullah

KUALA LUMPUR, Aug 14 (Bernama) -- A six per cent growth in the second quarter (2Q) of 2026 illustrates that Malaysia’s economy continues to have strong momentum despite facing a challenging global environment, says Minister of Economy Akmal Nasrullah Mohd Nasir.

Bursa Malaysia Ends Lower, Selected Sectors Gain After 6 Pct 2Q GDP Growth

KUALA LUMPUR, Aug 14 (Bernama) -- Bursa Malaysia closed lower on Friday, even as utilities, healthcare, and financial services sectors saw increased buying interest following the release of Malaysia’s second-quarter (2Q) gross domestic product (GDP) data.

Maxis Posts Strong RM436 Mln Net Profit In 2Q 2026, Declares Four Sen Dividend

KUALA LUMPUR, Aug 14 (Bernama) -- Maxis Bhd posted a stronger net profit of RM436 million in the second quarter ended June 30, 2026 (2Q 2026) , compared with RM398 million in the same period a year ago. 

Affin Bank's 2Q Net Profit Falls To RM127.52 Mln

KUALA LUMPUR, Aug 14 (Bernama) -- Affin Bank Bhd’s net profit fell by 11.1 per cent to RM127.52 million in the second quarter ended June 30, 2026 (2Q 2026) compared to RM143.48 million in 2Q 2025.

Policy Consistency, Strong Fundamentals Anchor Investor Confidence - BNM Governor

KUALA LUMPUR, Aug 14 9 (Bernama) -- Malaysia’s policy consistency and stronger economic fundamentals continue to support investor confidence, even amid concerns over the domestic political environment, said Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour.

CelcomDigi 2Q FY2026 net Profit Falls To RM398 Mln

KUALA LUMPUR, Aug 14 (Bernama) -- CelcomDigi Bhd’s net profit for the second quarter ended June 30, 2026 fell to RM398 million from RM439 million a year ago.

No Revision To 2026 GDP Growth Forecast Of 5.0 Pct For Now - BNM

KUALA LUMPUR, Aug 14 (Bernama) --  Bank Negara Malaysia (BNM) said that there is no need to revise Malaysia’s 2026 gross domestic product (GDP) growth forecast at this juncture, remaining confident that growth will likely settle around five per cent.

Malaysia's Current Account Remains Surplus At RM10.8 Bln In 2Q 2026 - DOSM

KUALA LUMPUR, Aug 14 (Bernama) -- Malaysia’s current account balance (CAB) recorded a surplus of RM10.8 billion in the second quarter of 2026 (2Q 2026), primarily supported by a substantial increase in the goods surplus to RM40.7 billion, according to the Department of Statistics Malaysia (DOSM).

Bursa Malaysia Stays Lower At Midday

KUALA LUMPUR, Aug 14 (Bernama) -- Bursa Malaysia remained lower at midday as the market digested Malaysia’s second-quarter (2Q) gross domestic product (GDP) data, which showed 6.0 per cent growth.