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MR DIY Among Most Active Counters Following 2Q Results

KUALA LUMPUR, Aug 12 (Bernama) -- MR DIY Group (M) Bhd’s shares were actively traded in the early trade today after the company posted a lower net profit of RM134.40 million in the second quarter of 2026 (2Q 2026).

Putrajaya Perdana Acquisition Approval Took Place While The Company Was Under Jho Low’s Control

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Aug 11 (Bernama) – The entire approval process for Lembaga Tabung Haji’s (TH) purchase of a 30 per cent stake in Putrajaya Perdana Bhd in 2014 took place when the company was said to be under the control of Low Taek Jho, or Jho Low, through Utama Banking Group Bhd (UBG Bhd).

CPO Futures Rally Above RM4,750 A Tonne On Stronger Crude Oil Prices

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Aug 11 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher today, rallying above RM4,750 per tonne on stronger crude oil prices amid escalating conflict in West Asia.

Casuarina Meru Eyes 62 Pct Occupancy Rate, Launches Loyalty Programme

IPOH,  Aug 11 (Bernama) -- Casuarina Meru Sdn Bhd is targeting an overall occupancy rate of 62 per cent for its four-star Hotel Casuarina@Meru this year, driven by positive domestic tourism growth and sustained visitor arrivals.

Gold Futures End Higher On Continued PBOC Buying

By K. Naveen Prabu

KUALA LUMPUR, Aug 11 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher on Tuesday, supported by continued buying by the People's Bank of China (PBOC). 

Ringgit Higher Against Major Currencies, Eases Against Greenback At Close

By K. Naveen Prabu

KUALA LUMPUR, Aug 11 (Bernama) -- The ringgit closed higher on Tuesday against most major currencies but eased against the greenback ahead of the release of key US inflation data.

Malaysia-Hong Kong Dual IPO Listing Framework To Take Effect Next Month - Anthony Loke

KUALA LUMPUR, Aug 11 (Bernama) -- The simplified dual initial public offering (IPO) listing framework between Malaysia and Hong Kong will take effect next month, further strengthening capital market linkages between the two economies.

42 Companies Awarded FiT Projects, To Catalyse RM4.3 Bln In Investments

KUALA LUMPUR, Aug 11 (Bernama) -- A total of 42 companies have been successfully awarded projects under the 2026 Feed-in Tariff (FiT) mechanism, with the projects expected to catalyse approximately RM4.3 billion in total investments.

NEEAP 2.0 Aims RM85.2 Bln Utility Saving, Cut Energy Demand By 11.6 Pct

KUALA LUMPUR, Aug 11 (Bernama) -- The National Energy Efficiency Policy and Action Plan 2026–2035 (NEEAP 2.0) aims to deliver RM85.24 billion in utility savings, reduce national energy demand by 11.6 per cent, and achieve cumulative energy savings of 815,383 terajoules (TJ) by 2035.

Singapore Raises 2026 GDP Growth Forecast To 4.5-5.5 Pct On Stronger Global AI Expenditure Outlook

By Anas Abu Hassan

SINGAPORE, Aug 11 (Bernama) -- The Ministry of Trade and Industry (MTI) has raised Singapore's 2026 gross domestic product (GDP) growth forecast to between 4.5 and 5.5 per cent, raising it from an earlier projection of 2.0-4.0 per cent.

Businesses, Public Play Vital Role In Strengthening Malaysia’s Energy Security Amid Geopolitical Tensions

By Harizah Hanim Mohamed

KUALA LUMPUR, Aug 11 (Bernama) -- Businesses and the public have a vital role in supporting   Malaysia’s energy security, which has become increasingly important, as global geopolitical tensions continue to disrupt the energy landscape.

Space42, Autonomous A2Z Sign US$7 Mln Agreement For UAE Level-4 Mobility

KUALA LUMPUR, Aug 11 (Bernama) -- Space42, a United Arab Emirates (UAE)-based artificial intelligence (AI)-powered SpaceTech company, and South Korea’s Autonomous A2Z (A2Z) have signed a US$7 million commercial agreement to deploy Level-4 autonomous mobility solutions in the UAE. (US$1=RM4.09)