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Double-digit Medical Claims Growth Set To Continue Near Term

KUALA LUMPUR, Aug 27 (Bernama) -- Double-digit medical claims growth is expected to persist in the near term following a 12.28 per cent rise in claims inflation in 2025, driven mainly by more insured individuals seeking treatment at private hospitals.

SIRIM QAS To Strengthen Sarawak’s Carbon Management Efforts

KUALA LUMPUR, Aug 27 (Bernama)-- SIRIM Bhd's subsidiary, SIRIM QAS International Sdn Bhd is poised to support Sarawak’s drive towards net zero carbon emissions by 2050, following its registration as an Accredited External Auditor Firm with the Natural Resources and Environment Board (NREB) Sarawak.

iFAST Global Bank Boosts Worldwide Scan & Pay Cashback To 1.5 Pct

KUALA LUMPUR, Aug 27 (Bernama) -- iFAST Global Bank (iFAST GB) has launched an enhanced rewards campaign with 1.5 per cent cashback on eligible Worldwide Scan & Pay transactions, giving customers greater value from their everyday and travel spending.

Maybank Posts Net Profit Of RM2.69 Bln In 2Q

KUALA LUMPUR, Aug 27 (Bernama) -- Malayan Banking Bhd’s (Maybank) net profit for the second quarter ended June 30, 2026 (2Q 2026) rose by 2.4 per cent to RM2.69 billion from RM2.62 billion a year ago. 

Business Outlook For 3Q Rebounds As Confidence Indicator Rises -- DOSM

KUALA LUMPUR, Aug 27 (Bernama) --Businesses expect an improving business situation for the third quarter of 2026 (3Q 2026), with a positive confidence indicator of 5.9 per cent compared with a negative 1.8 per cent in 2Q 2026, according to the Department of Statistics Malaysia (DOSM).

CIMB Completes RM1.38 Bln Tokenised Sukuk Settlement Pilot Test

KUALA LUMPUR, Aug 27 (Bernama) -- CIMB Group Holdings Bhd has completed a pilot test of tokenised sukuk settlement using tokenised deposits, involving RM1.38 billion worth of tokenised sukuk subscribed by 12 institutional investors.

NABEP Strengthens Senior Leadership Team, Legal Expertise With New Appointments

KUALA LUMPUR, Aug 27 (Bernama) -- North American Blue Energy Partners (NABEP), an oil and gas exploration and production company, has appointed Sara Chouraqui as General Counsel, with Elizabeth Collery and Victoria Jacobson joining as Deputy General Counsel.

Temenos: SACOMBANK Upgrades Core Banking Platform To Hybrid Cloud

KUALA LUMPUR, Aug 27 (Bernama) -- Temenos announced that SACOMBANK has successfully upgraded its Temenos Core Banking platform, moving from an on-premises deployment to a hybrid cloud environment to support greater scalability, performance and faster innovation.

Six Pct GDP Growth Boosts Investors' Confidence In Malaysia - PM Anwar

KUALA LUMPUR, Aug 27 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim described Malaysia’s second-quarter economic growth of six per cent as an outstanding achievement that strengthens investors’ confidence in the country.

Public Bank Shares Down 2.13 Pct At Midday

KUALA LUMPUR, Aug 27 (Bernama) -- Public Bank Bhd’s share price slid 2.13 per cent at midday despite reporting a higher net profit for the second quarter ended June 30, 2026 (2Q FY2026) yesterday.

Malaysia Must Strengthen Market Foundations To Stay Competitive – Amir Hamzah

KUALA LUMPUR, Aug 27 (Bernama) -- Malaysia must go beyond embracing new technologies by strengthening market foundations, improving efficiency and widening access to capital to keep its financial and capital markets competitive, resilient and relevant.

Nippon Kinzoku Begins Ultra-Thin Stainless Steel Production For Insulin Needles

KUALA LUMPUR, Aug 27 (Bernama) -- Nippon Kinzoku Co Ltd, a Tokyo-based stainless steel manufacturer, has begun mass production of ultra-thin, narrow-width stainless steel optimised for laser welding in ultra-fine insulin needles, responding to growing global demand.