TH Governance Crucial, With Wider Implications For Domestic Market - Akmal Nasrullah

KUALA LUMPUR, Aug 24 (Bernama) -- The strengthening of the governance of Lembaga Tabung Haji (TH) is important from an economic perspective, taking into account the role and scale of the institution which manages the trust of more than 9.8 million depositors and holds a significant position as an institutional investor in the domestic economy.

Khazanah Seeks More Startups To Scale Via Dana Impak After Skyechip Success

By Karina Imran & Nabilah Saleh

KUALA LUMPUR, Aug 24 (Bernama) -- Khazanah Nasional Bhd has seen strong participation from venture capital players in SkyeChip Bhd’s growth and hopes more Malaysian start-ups will take similar steps to scale and tap funding opportunities under its Dana Impak programme.

Khazanah Deploys RM15 Bln Under GEAR-uP Initiative - Amirul Feisal

KUALA LUMPUR, Aug 24 (Bernama) -- Khazanah Nasional Bhd has deployed RM15 billion to date of its RM25 billion five-year domestic investment commitment under the Ministry of Finance’s GEAR-uP initiative. 

Malaysia Airlines To Retime Selected Flights Amid National Day Airspace Closures

KUALA LUMPUR, Aug 24 (Bernama) -- Malaysia Airlines Bhd will retime selected flights arriving at and departing from KL International Airport (KLIA) Terminal 1 following temporary airspace closures in conjunction with the 69th National Day celebrations.

APAC Reinsurers Post 4.0 Pct Revenue Growth In 2025 - AM Best

KUALA LUMPUR, Aug 24 (Bernama) -- AM Best’s composite of Asia-Pacific (APAC) reinsurance companies reversed a revenue decline from the previous year, posting a 4.0 per cent increase in net insurance service revenue in 2025, driven primarily by overseas business.

E&O's Net Profit Rises To RM58.11 Mln In 1Q FY2027

KUALA LUMPUR, Aug 24 (Bernama) -- Eastern & Oriental Bhd’s (E&O) net profit rose to RM58.11 million in the first quarter ended June 30, 2026 (1Q FY2027) from RM45.41 million in 1Q FY2026.

Petronas Dagangan Net Profit Rises To RM387.21 Mln In 2Q 2026, Declares 25 Sen Dividend

KUALA LUMPUR, Aug 24 (Bernama) -- Petronas Dagangan Bhd’s net profit rose to RM387.21 million in the second quarter ended June 30, 2026 (2Q 2026) compared to RM265.53 million in the same quarter a year ago.

MATRADE Raises MIHAS 2026 Sales Target To RM5 Bln

KUALA LUMPUR, Aug 24 (Bernama) -- The Malaysia External Trade Development Corporation (MATRADE) has raised its sales target for the 22nd Malaysia International Halal Showcase (MIHAS 2026) to RM5 billion from RM4.5 billion, following strong interest from international buyers.

Malaysian Pacific Industries’ AI-related Revenue To Exceed RM500 Mln Annually - CIMB Securities

KUALA LUMPUR, Aug 24 (Bernama) -- Malaysian Pacific Industries Bhd’s (MPI) revenue is expected to exceed RM500 million annually by financial year 2027 (FY2027), driven by artificial intelligence (AI)-related products, according to CIMB Securities Sdn Bhd.

Shape Memory Medical Closes US$10 Mln Financing For Clinical Trials

KUALA LUMPUR, Aug 24 (Bernama) -- Shape Memory Medical Inc, a California-based global medical device company, has closed a US$10 million convertible note financing led by new investor August Global Partners (AGP), joined by fellow new investor Taiwania Capital. (US$1=RM4.03)

McDonald’s Malaysia, TNB Deepen Clean Energy Partnership

BATU KAWAN, Aug 24 (Bernama) – McDonald’s Malaysia is expanding its renewable energy partnership with the Tenaga Nasional Berhad (TNB) through rooftop solar installations, renewable electricity sourcing and electric vehicle (EV) charging facilities as part of efforts to strengthen sustainability across its restaurant network.

Malaysia’s Leading Index Rises 1.3 Pct In June

KUALA LUMPUR, Aug 24 (Bernama) -- Malaysia’s Leading Index (LI) rose 1.3 per cent year-on-year (y-o-y) to 114.8 points in June 2026 from 113.3 points a year earlier, indicating that the country’s near-term economic prospects remain positive.