CIMB Targets 5-6 Pct Loan Growth For FY2026

KUALA LUMPUR, Aug 28 (Bernama) -- CIMB Group Holdings Bhd is targeting loan growth of around 5-6 per cent for FY2026, with strong demand from the data centre and artificial intelligence (AI) sectors supporting its wholesale business.

Bursa Malaysia Likely To Trade Range-Bound With Positive Bias Next Week

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Aug 29 (Bernama) -- Bursa Malaysia is expected to remain range-bound within the 1,710–1,740 levels with a positive bias next week, an analyst said.

Ringgit Expected To Remain Well Supported Next Week Ahead Of BNM OPR Decision

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Aug 29 (Bernama) -- The ringgit is expected to remain well supported next week ahead of Bank Negara Malaysia’s (BNM) Monetary Policy Committee meeting on Sept 3, with the central bank widely expected to keep the Overnight Policy Rate (OPR) at 2.75 per cent.

Gold Futures Expected To Hold Firm Next Week On Lower Rate-Hike Odds

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Aug 29 (Bernama) --Gold futures on Bursa Malaysia Derivatives are expected to remain supported next week, with spot gold prices seen hovering around US$4,590 to US$4,610 per troy ounce amid reduced expectations of a US Federal Reserve (Fed) rate hike.

Rubber Market Expected To Remain Firm Next Week On Limited Supply

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, Aug 29 (Bernama) -- The Kuala Lumpur rubber market is seen to remain firm with a slight upward bias next week, supported by expectations of limited supply of the commodity amid adverse weather conditions.

CPO Futures Likely To Maintain Bullish Bias Next Week On Tighter Supply Outlook

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, Aug 29 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to maintain a bullish bias next week, supported by firm fundamentals and expectations of tighter supply.

Zetrix AI Group Denies Association With Graft Charges

KUALA LUMPUR, Aug 28 (Bernama) -- Zetrix AI Group Bhd has denied any involvement or association with the former Human Resources Minister Datuk Seri M. Saravanan following rumours linking the company to the graft charges brought against him today.

Axiata Posts Net Profit Of RM42.52 Mln In 2Q

KUALA LUMPUR, Aug 28 (Bernama) -- Axiata Group Bhd's net profit declined to RM42.52 million in the second quarter ended June 30, 2026 (2Q 2026), from RM270.81 million a year earlier.

Govt Studies Proposals To Boost MSMEs Under Budget 2027 -- Amir Hamzah

KUALA LUMPUR, Aug 28 (Bernama) -- The government is studying various proposals and initiatives to help boost business activity among micro, small and medium enterprises (MSMEs) under Budget 2027, Finance Minister II Datuk Seri Amir Hamzah said.

TKB To Strengthen Tourism Ecosystem, F&B Through RM1 Bln Urban Forest

IPOH, Aug 28 (Bernama) -- The Urban Forest development worth over RM1 billion in Tambun here is expected to be a catalyst for the state's economic growth when the 84-acre project is completed within three years.

Enhanced BioNexus Status Strengthens Malaysia’s Biotechnology Ecosystem

KUALA LUMPUR, Aug 28 (Bernama) -- The enhanced BioNexus Status framework strengthens Malaysia’s position as a platform for growing biotechnology companies by expanding support and responding to the industry’s evolving needs.

Petronas Posts Resilient Half-Year Results, Remains Steadfast In Safeguarding Energy Security 

KUALA LUMPUR, Aug 28 (Bernama) -- For the first half of the financial year ended June 30, 2026 (1H 2026), Petroliam Nasional Bhd (Petronas) recorded modest net profit and revenue that reflected disciplined execution, operational reliability and commercial excellence amid a challenging macro environment.