Axiata Posts Net Profit Of RM42.52 Mln In 2Q

KUALA LUMPUR, Aug 28 (Bernama) -- Axiata Group Bhd's net profit declined to RM42.52 million in the second quarter ended June 30, 2026 (2Q 2026), from RM270.81 million a year earlier.

TKB To Strengthen Tourism Ecosystem, F&B Through RM1 Bln Urban Forest

IPOH, Aug 28 (Bernama) -- The Urban Forest development worth over RM1 billion in Tambun here is expected to be a catalyst for the state's economic growth when the 84-acre project is completed within three years.

Enhanced BioNexus Status Strengthens Malaysia’s Biotechnology Ecosystem

KUALA LUMPUR, Aug 28 (Bernama) -- The enhanced BioNexus Status framework strengthens Malaysia’s position as a platform for growing biotechnology companies by expanding support and responding to the industry’s evolving needs.

Petronas Posts Resilient Half-Year Results, Remains Steadfast In Safeguarding Energy Security 

KUALA LUMPUR, Aug 28 (Bernama) -- For the first half of the financial year ended June 30, 2026 (1H 2026), Petroliam Nasional Bhd (Petronas) recorded modest net profit and revenue that reflected disciplined execution, operational reliability and commercial excellence amid a challenging macro environment.

Thailand National AI Roadmap Places Productivity At Centre Of Transformation

KUALA LUMPUR, Aug 28 (Bernama) -- Thailand has officially handed over and disseminated the National AI Roadmap for the Sustainable Productivity of Industries in Thailand, placing productivity rather than technology adoption itself at the centre of the country’s artificial intelligence (AI) transformation agenda.

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.

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.

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.

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.