Bursa Malaysia Ends Lower On Broad-based Selling Ahead of Long Weekend

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Aug 28 (Bernama) -- Bursa Malaysia ended lower on Friday, weighed down by broad-based selling ahead of the long weekend.

AIREI Launches Its Second AI-Based Smart Palm Oil Mill

IPOH, Aug 28 (Bernama) -- A Malaysia Digital (MD) status company, AIREI Sdn Bhd has launched its second artificial intelligence (AI)-based smart palm oil mill, this time with a significantly larger capacity of 60 tonnes per hour, up from 45 tonnes per hour at its first mill.

Sapient Intelligence Launches Autonomous AI R&D System PRAXIST

KUALA LUMPUR, Aug 28 (Bernama) -- Sapient Intelligence has launched PRAXIST (Beta), an autonomous artificial intelligence (AI) research and development (R&D) system that takes on complex technical problems and independently tests and validates potential solutions.

Harlina Samson Appointed Bernama Economic News Service Deputy Editor-In-Chief

KUALA LUMPUR, Aug 28 (Bernama) -- The Malaysian National News Agency (Bernama) today announced the promotion of Harlina Samson to Deputy Editor-in-Chief of the Economic News Service, effective Sept 1, 2026.

ABB Bank Expands Into Uzbekistan With Davr Bank Acquisition

KUALA LUMPUR, Aug 28 (Bernama) -- The ABB Davr Bank project was officially launched in Tashkent, marking the inauguration and groundbreaking of projects being implemented by Azerbaijan in Uzbekistan.

LSH Infra-Pertama Makmur JV Awarded Bandar Malaysia-Seri Kembangan Elevated Highway Project

By Nurul Hanis Izmir

PUTRAJAYA, Aug 28 (Bernama) -- LSH Infra Sdn Bhd and Pertama Makmur Sdn Bhd Joint Venture has been awarded the proposed development of the Bandar Malaysia-Seri Kembangan Elevated Highway (BSE), a strategic infrastructure project aimed at strengthening connectivity and easing traffic congestion in Greater Kuala Lumpur.

OSK Posts Higher Net Profit Of RM143.41 Mln In Second Quarter

KUALA LUMPUR, Aug 28 (Bernama) -- OSK Holdings Bhd posted a slightly higher net profit of RM143.41 million in the second quarter ended June 30, 2026 (2Q 2026), compared with RM142.00 million in the corresponding quarter last year.

RHB Bank 2Q Net Profit Rises Marginally To RM807.15 Mln

KUALA LUMPUR, Aug 28 (Bernama) -- RHB Bank Bhd registered a marginal increase in net profit to RM807.15 million for the second quarter ended June 30, 2026 (2Q FY2026), from RM803.50 million in the previous corresponding quarter, attributed to higher total income and lower expected credit losses. 

TNB Commences Development Of 500kV National Grid Backbone, Reinforcing Malaysia’s Energy Security, Transition

KUALA LUMPUR, Aug 28 (Bernama) -- Tenaga Nasional Bhd (TNB) marked another significant achievement in its commitment to building a future-ready energy infrastructure with the commencement of a new 500-kilovolt (kV) National Grid Backbone transmission line – a strategic infrastructure project that will reinforce national energy security, accelerate energy transition and accommodate the nation’s future electricity needs.

Penang, Johor, Selangor Account For 79.4 Pct Of Malaysia’s Total Trade In July - DOSM

KUALA LUMPUR, Aug 28 (Bernama) -- Penang, Johor and Selangor accounted for 79.4 per cent of Malaysia’s total trade in July 2026, according to the Department of Statistics Malaysia (DoSM).

PIP Handles 100,000 TEU In Four-and-a-half Months

PADANG BESAR, Aug 28 (Bernama) -- The Tuanku Syed Sirajuddin Free Trade Zone - Perlis Inland Clearance Depot (PIP) has handled 100,000 twenty-foot equivalent units (TEUs) of cargo in the four-and-a-half months since it began full operations in April.

Malaysia’s AI Transformation Should Prioritise Education, Healthcare -- Senator

From Abdul Hamid A Rahman

GUIYANG, China, Aug 28 (Bernama) -- Malaysia’s push towards artificial intelligence (AI) should place human empowerment and dignity at its core as the country accelerates adoption of the technology across key sectors, particularly education and healthcare.