IPPFA Raises Malaysia’s 2026 GDP Growth Forecast To 5.4 Pct

KUALA LUMPUR, Aug 26 (Bernama) -- Financial advisory firm IPPFA Sdn Bhd has raised Malaysia's gross domestic product (GDP) growth forecast for 2026 to 5.4 per cent from 4.6 per cent previously.

Vocalbeats.AI Applications Reach Top-Grossing Charts Globally

KUALA LUMPUR, Aug 26 (Bernama) -- Vocalbeats.AI announced that its flagship applications, Owll and Owll Translator, have built international momentum with leading positions on their respective Apple App Store top-grossing charts across North America, Europe and Asia-Pacific.

Bank Islam Net Profit Up 9.8 Pct To RM139.12 Mln In 2Q

KUALA LUMPUR, Aug 26 (Bernama) -- Bank Islam Malaysia Bhd's net profit for the second quarter ended June 30, 2026 (2Q 2026) rose by 9.8 per cent to RM139.12 million from RM126.68 million a year ago, driven by higher net income and lower total overheads. 

UOB Malaysia Completes Malaysia's First Brokered MYOR-based Interbank Transaction With RHB, Maybank 

KUALA LUMPUR, Aug 26 (Bernama) -- UOB Malaysia, RHB Banking Group (RHB) and Malayan Banking Bhd (Maybank) have successfully executed the first Malaysia Overnight Rate (MYOR)-based three-month interbank money market transaction, incorporating a two-day lookback calculation convention. 

Proton Sees Strong E&E Ecosystem Driving Automotive Growth

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Aug 26 (Bernama) -- Malaysia’s automotive industry has room to further leverage the country’s strong electrical and electronics (E&E) ecosystem as vehicles increasingly shift toward electrical and electronic components, according to Proton Holdings Bhd.

Proton Targets 200,000 Sales In 2026 As xEV Share Reaches 17 Pct

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Aug 26 (Bernama) -- Proton Holdings Bhd expects its total vehicle sales to reach 200,000 units in 2026, which will mark its highest annual sales performance in 15 years, following a strong first-half (1H) performance.

X Square Robot Sorts 10,000 Parcels In Five-Hour WRC Challenge

KUALA LUMPUR, Aug 26 (Bernama) -- X Square Robot, a Shenzhen-based embodied artificial intelligence (AI) company, announced its WALL-B robotic system sorted 10,000 parcels in five hours, 14 minutes and one second during a logistics challenge at the 2026 World Robot Conference (WRC) in Beijing.

Petronas Dagangan's Share Price Up 1.60 Pct In Early Trade

KUALA LUMPUR, Aug 26 (Bernama) -- Petronas Dagangan Bhd’s share price rose 1.60 per cent in early trade on Wednesday after the company posted a higher net profit in the second quarter ended June 30, 2026 (2Q 2026).

FBM KLCI Futures Opened Higher In Early Trade

KUALA LUMPUR, Aug 26 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contracts on Bursa Malaysia Derivatives opened higher on Wednesday.

Shipping, Logistics Ecosystem Needs Investment To Keep Pace With Cargo Growth -- SAM

KUALA LUMPUR, Aug 26 (Bernama) -- Malaysia needs to address the lack of investment across its shipping and logistics ecosystem as gateway cargo grows while capacity in supporting industries shrinks, said Shipping Association Malaysia (SAM) chairman Ooi Lean Hin.

Agriculture, Logistics To See Immediate Impact From Low-altitude Economy -- CAAM

KUALA LUMPUR, Aug 25 (Bernama) -- Agriculture and logistics are expected to experience the most immediate impact from the development of Malaysia’s low-altitude economy (LAE), according to the Civil Aviation Authority of Malaysia (CAAM).

Asia-Pacific Airlines To Maintain Growth Despite Cost Headwinds - S&P

KUALA LUMPUR, Aug 25 (Bernama) -- Asia-Pacific airlines are strengthening their defences against industry headwinds by continuing to invest heavily in fuel-efficient aircraft, supported by long-term demand prospects, lower debt following the pandemic and a diverse funding mix, S&P Global Ratings said.