Bursa Malaysia Stays Higher At Midday

KUALA LUMPUR, Aug 17 (Bernama) -- Bursa Malaysia remained higher at midday, supported by buying interest in selected heavyweights, particularly in the telecommunications and media, utilities, and industrial products sectors.

Kenanga IB Maintains Ringgit Forecast Of RM3.95 To US Dollar By Year-end

KUALA LUMPUR, Aug 17 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) has retained its ringgit forecast of RM3.95 to the US dollar by year-end, underpinned by resilient growth, a sustained current account (CA) surplus and record foreign-currency deposits.

Malaysia's Current Account Surplus To Remain Firm At 2.1 Pct Of GDP In 2026 - Kenanga IB

KUALA LUMPUR, Aug 17 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) expects Malaysia’s 2026 current account to remain firmly in surplus, maintaining a forecast at 2.1 per cent of gross domestic product (GDP), compared with 1.6 per cent in 2025.

RM158.4 Mln Net Inflows From Transportation, Telecommunications, Energy Sectors - MBSB IB

KUALA LUMPUR, Aug 17 (Bernama) -- Transportation and logistics, telecommunication and media as well as energy sectors have attracted a combined net inflow of RM158.4 million into Bursa Malaysia last week, according to MBSB Investment Bank Bhd (MBSB IB).

FBM KLCI Futures Lower In Early Trade

KUALA LUMPUR, Aug 17 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contracts on Bursa Malaysia Derivatives opened lower on Monday.

Bursa Malaysia Opens Lower On Profit-Taking

KUALA LUMPUR, Aug 17 (Bernama) -- Bursa Malaysia opened lower on Monday as profit-taking emerged following a decent run-up in previous sessions.

Ringgit Opens Higher Versus Greenback On Upbeat GDP Data

By Nurunnasihah Ahmad Rashid & Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Aug 17 (Bernama) -- The ringgit opened higher against the US dollar, tracking Malaysia’s stronger-than-expected second quarter 2026 (2Q 2026) Gross Domestic Product (GDP) growth of 6.0 per cent, said an economist.

Mamas Targets To Expand Sauce, Soy Sauce Exports To Cambodia Next Year

By Nur Faradilla Mohamad

JOHOR BAHRU, Aug 16 (Bernama) -- Mamas M&M (M) Sdn Bhd, which offers a variety of sauces including chilli, tomato, oyster and black pepper sauces, as well as vinegar and soy sauce, aims to penetrate the Cambodian market by mid-next year, further expanding its export market.

Penang Eyes Becoming Leading ASEAN Semiconductor Design Hub By 2040

GEORGE TOWN, Aug 16 (Bernama) -- Penang plans to shift from its current dominance in assembly and testing activities towards high-value upstream activities such as chip design, system architecture and prototype development, in a bid to become a leading semiconductor design hub in ASEAN by 2040.

IHH Healthcare Aims To Nearly Double Hospital Beds In India To 10,000 By 2031

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Aug 16 (Bernama) --  Private healthcare provider IHH Healthcare Bhd. plans to nearly double its operational hospital beds in India to about 10,000 by 2031 from around 6,100 currently, with an estimated investment of about US$250,000 (US$1=RM4.08) per bed.

Is Malaysia Really Ready For Battery EV Transition?

By Niam Seet Wei

KUALA LUMPUR, Aug 16 (Bernama) -- A year ago, during my Wolfson Press Fellowship at the University of Cambridge in the United Kingdom, I was grappling with a question I was not entirely sure I wanted to answer.

TH Needs To Focus On Sustainable Returns, Prioritise Savings Of Pilgrims - Economist

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Aug 16 (Bernama) -- Lembaga Tabung Haji (TH) needs to focus on reasonable and sustainable investment returns commensurate with the level of risk that can be accepted, with the protection of the savings of prospective pilgrims remaining a priority, according to an economist.