Bursa Malaysia Opens Lower On Profit-taking Amid Geopolitical Uncertainties

KUALA LUMPUR, Aug 19 (Bernama) --  Bursa Malaysia opened lower on Wednesday, weighed down by profit-taking following the previous session’s gains, amid ongoing geopolitical uncertainties.

Tabung Haji: Depositor Trust Comes First, Dividends Are Not Everything

By Norsyafawati Ab Wahab

KUALA LUMPUR, Aug 19 (Bernama) -- As depositors, Muslims should reaffirm their understanding of the fundamental principle behind the establishment of Lembaga Tabung Haji (TH), which was created to help Muslims manage their savings for the purpose of performing the Hajj, rather than treating dividend announcements as the primary measure of the institution’s performance.

Ringgit Opens Higher Vs US Dollar As Fed Rate Hike Expectations Ease

KUALA LUMPUR, Aug 19 (Bernama) -- The ringgit opened higher against the US dollar, supported by expectations that the possibility of a US Federal Reserve (Fed) interest rate hike at its September meeting has receded, an economist said.

CPO Futures Extend Rally, Benchmark November Contract Breaches RM4,850

By Abdul Hamid A Rahman

KUALA LUMPUR, Aug 18 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended higher on Tuesday, extending gains on stronger soybean oil prices on the Chicago Board of Trade (CBOT) and firmer crude oil prices, according to Iceberg X Sdn Bhd proprietary trader David Ng.

KLCI Futures End Mostly Lower

KUALA LUMPUR, Aug 18 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives closed mostly lower on Tuesday.

Broaden SST Exemptions To Reduce Tax Cascading -- CTIM President

By Niam Seet Wei

KUALA LUMPUR, Aug 18 (Bernama) -- The government could consider incorporating positive elements of the goods and services tax (GST), such as broadening exemptions, into the existing sales and service tax (SST) to reduce cascading taxes, said a tax expert.

Gold Futures Ends Lower As Higher US Treasury Yields Weighs

By Zufazlin Baharuddin

KUALA LUMPUR, Aug 18 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended lower on Tuesday, weighed by higher US Treasury yields.

FGV Appoints Nurul Muhaniza Hanafi As Group Managing Director

KUALA LUMPUR, Aug 18 (Bernama) -- FGV Holdings Bhd has appointed Nurul Muhaniza Hanafi as group managing director (GMD) effective today, making her the first woman to lead the company.

KPJ Healthcare's 2Q FY2026 Net Profit Up By 27 Pct To RM103.92 Mln

KUALA LUMPUR, Aug 18 (Bernama) -- KPJ Healthcare Bhd's net profit surged by 27 per cent for the second quarter ended June 30, 2026 (2Q FY2026) to RM103.92 million compared with RM82.06 million in the same quarter one year ago. 

Ringgit Extends Gains To Close Higher Vs Major, Regional Currencies

By Zufazlin Baharuddin

KUALA LUMPUR, Aug 18 (Bernama) -- The ringgit extended its gains to close higher against major and regional currencies on Tuesday, as declining expectations of a US Federal Reserve interest rate hike in September weighed on the greenback.

Tencent Cloud Establishes Its First Malaysian Cloud Region In Johor

KUALA LUMPUR, Aug 18 (Bernama) -- Tencent Cloud has established its first cloud region in Malaysia, comprising up to three availability zones in Johor, as the company strengthens its cloud and artificial intelligence (AI) infrastructure to support enterprises in the country.

Dutch Lady 2Q Net Profit Rises To RM38.17 Mln

KUALA LUMPUR, Aug 18 (Bernama) -- Dutch Lady Milk Industries Bhd’s (DLMI) net profit for the second quarter ended June 30, 2026 (2Q 2026) rose to RM38.17 million versus RM23.39 million in 2Q 2025.