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Bursa Malaysia Opens Lower As Profit-taking, Geopolitical Risks Weigh

KUALA LUMPUR, Aug 21 (Bernama) -- Bursa Malaysia opened lower on Friday as investors took profits after the previous session’s gains, while persistent geopolitical uncertainties continued to weigh on sentiment.

PM Orders Probe Into Khazanah Subsidiary, Seeks To Uncover Potential Financial Irregularities

KLANG, Aug 20 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has ordered a comprehensive investigation into Xeraya Capital, a wholly owned subsidiary of Khazanah Nasional Bhd, to identify any potential financial irregularities.

Telekom Malaysia Posts Net Profit Of RM365.48 Mln In 2Q, Declares 7.0 Sen Dividend

KUALA LUMPUR, Aug 20 (Bernama) -- Telekom Malaysia Bhd (TM) posted a lower net profit of RM365.48 million for the second quarter ended June 30, 2026 (2Q 2026), compared with RM402.97 million in the corresponding quarter last year.

BizMatch Mega PKNS 2026 Strengthens Selangor Entrepreneurs' Ecosystem

SHAH ALAM, Aug 20 (Bernama) -- The Selangor State Development Corporation (PKNS) continues to strengthen the state's entrepreneurship ecosystem through BizMatch Mega PKNS 2026, which brought together about 1,200 entrepreneurs at the Selangor International Trade Centre (SITC) today.

Khazanah Reaffirms Progress And Governance At 3Q 2026 Board Meeting

KUALA LUMPUR, Aug 20 (Bernama) -- Khazanah Nasional Bhd held its third Board of Directors meeting for 2026, chaired by Prime Minister Datuk Seri Anwar Ibrahim, today.

Bursa Malaysia Ends Higher As Easing US Treasury Yields Boost Risk Appetite

KUALA LUMPUR, Aug 20 (Bernama) -- Bursa Malaysia ended higher on Thursday as easing US Treasury yields improved risk appetite following the US Treasury’s announcement of increased buyback operations, an analyst said.

Malaysia To Review New Investment Applicants To Ensure Domestic Economy Benefits -- Anwar

KUALA LUMPUR, Aug 20 (Bernama) -- Malaysia will review new investment applicants to ensure their activities generate employment and economic benefits for the country, said Prime Minister Datuk Seri Anwar Ibrahim.

Malaysia Is First RCEP Country To Establish Business Advisory Council Network

KUALA LUMPUR, Aug 20 (Bernama) -- Malaysia has become the first Regional Comprehensive Economic Partnership (RCEP) participating country to establish a national RCEP Business Advisory Council (RBAC) Network.

Malaysia Affected By Strait Of Hormuz Issue, But Not As Severely As Countries Without Oil & Gas - Johari

IPOH, Aug 20 (Bernama) -- Malaysia has also been affected by the crisis and disruptions to the energy sector related to the dispute over the Strait of Hormuz, however, the impact will not be as severe as in countries that have no oil and gas resources.  

Sunway Healthcare 2Q Net Profit Jumps To RM78.15 Mln

KUALA LUMPUR, Aug 20 (Bernama) -- Sunway Healthcare Holdings Bhd’s net profit for the second quarter of the financial year ending Dec 31, 2026 (2Q 2026) leapt to RM78.15 million from RM41.38 million a year earlier.

Malaysia Seeks REE Investors To Share Technology, Develop Full Supply Chain - Johari

IPOH, Aug 20 (Bernama) -- Malaysia wants investors exploring rare earth element (REE) opportunities in the country to bring and share their technology and participate directly across the entire supply chain, from upstream to downstream activities.

Bursa Malaysia Stays Higher At Midday

KUALA LUMPUR, Aug 20 (Bernama) -- Bursa Malaysia remained higher at midday, in line with positive regional markets, amid improved global sentiment after the US Treasury announced it would at least double buyback sizes for long-term debt to curb rising yields.