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Budget 2027 To Focus On Economic Resilience, Protecting People's Well-being -- Amir Hamzah

PUTRAJAYA, Aug 18 (Bernama) -- Budget 2027 will continue to focus on efforts to strengthen the nation’s economic resilience, protect the people’s well-being and implement measures to enhance fiscal sustainability, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Xsolla Adds Over 15 Payment Methods To Expand Global Reach

KUALA LUMPUR, Aug 18 (Bernama) -- Xsolla, a global video game commerce company, has added more than 15 new payment methods to Xsolla Payments ahead of Gamescom 2026, spanning Asia and Oceania; Europe, the Middle East, and Africa (EMEA); and the Americas.

Maybank Lifts Bursa Malaysia To Open Higher

KUALA LUMPUR, Aug 18 (Bernama) -- Bursa Malaysia opened slightly higher on Tuesday, supported by buying interest in heavyweight counters, led by Maybank, despite renewed concerns over geopolitical tensions in West Asia.

Ringgit Strengthens Vs Major Currencies, Little Change Against Greenback

By Nurunnasihah Ahmad Rashid & Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Aug 18 (Bernama) -- The ringgit opened higher against major currencies but was little changed against the US dollar on Tuesday, amid expectations that the possibility of a US interest rate hike in September has dropped, an economist said.

CIMB Niaga Joins Bank Indonesia’s Launch Of KKI Credit Card For QRIS Payments

JAKARTA, Aug 17 (Bernama) -- CIMB Niaga is among eight payment service providers participating in Bank Indonesia’s (BI) newly launched Indonesian Credit Card (KKI), which offers individuals and businesses a new credit payment option for transactions through the country’s Quick Response Code Indonesian Standard (QRIS) payment system.

EPF 1H 2026 Total Investment Income Up 48 Pct To RM57.50 Bln

KUALA LUMPUR, Aug 17 (Bernama) -- The Employees Provident Fund’s (EPF) total investment income rose by 48 per cent to RM57.50 billion in the first six months ended June 30, 2026 (1H 2026) from RM38.92 billion in the corresponding period a year ago.

Celestica To Create More Than 2,100 Jobs In Malaysia Amid AI, Cloud Demand

GEORGE TOWN, Aug 17 (Bernama) -- Celestica Inc is set to expand its workforce in Malaysia by more than 2,100 employees as global demand for artificial intelligence (AI) infrastructure and cloud computing continues to accelerate.

PIDM Appoints Afiza Abdullah As CEO Effective Aug 28

KUALA LUMPUR, Aug 17 (Bernama) -- Perbadanan Insurans Deposit Malaysia (PIDM) has appointed Afiza Abdullah as its chief executive officer (CEO) for a three-year term, effective Aug 28, 2026, succeeding Rafiz Azuan Abdullah, who has led the organisation for nine years.

Malaysia’s July Inflation Eases To 1.8 Pct -- DOSM

KUALA LUMPUR, Aug 17 (Bernama) -- Malaysia’s inflation eased to 1.8 per cent in July 2026 from 1.9 per cent in June, with the Consumer Price Index rising to 137.1 points in July from 134.7 a year earlier, the Department of Statistics Malaysia (DOSM) said.

Kenanga IB Maintains Ringgit Forecast Of RM3.95 To US Dollar By Year-end

KUALA LUMPUR, Aug 17 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) has retained its ringgit forecast of RM3.95 to the US dollar by year-end, underpinned by resilient growth, a sustained current account (CA) surplus and record foreign-currency deposits.

Crossbow Named As GEAR Member, Contributing Payment Security Expertise

KUALA LUMPUR, Aug 17 (Bernama) -- Crossbow Enterprise Cybersecurity, an enterprise cybersecurity partner, has been selected to serve on the PCI Security Standards Council’s (PCI SSC) 2026–2028 Global Executive Assessor Roundtable (GEAR) for its third consecutive term.

Malaysia's Current Account Surplus To Remain Firm At 2.1 Pct Of GDP In 2026 - Kenanga IB

KUALA LUMPUR, Aug 17 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) expects Malaysia’s 2026 current account to remain firmly in surplus, maintaining a forecast at 2.1 per cent of gross domestic product (GDP), compared with 1.6 per cent in 2025.