ZICO Trust Appoints Former PDRM Deputy IGP Mazlan Lazim As Chairman

KUALA LUMPUR, Aug 28 (Bernama) -- ZICO Trust (M) Bhd has appointed former Deputy Inspector General of Police (IGP) Tan Sri Mazlan Lazim as its chairman, effective Aug 14, 2026.

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.

Ringgit Ends Higher Ahead Of Fed Chair’s Jackson Hole Remarks

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Aug 28 (Bernama) -- The ringgit ended higher against the greenback and major currencies on Friday ahead of US Federal Reserve (Fed) Chair Kevin Warsh’s speech at the Jackson Hole Symposium.

Malaysia Secures RM218.5 Bln In Approved Investments In 1h 2026 - MIDA

KUALA LUMPUR, Aug 28 (Bernama) -- Malaysia secured RM218.5 billion in approved investments in the first half of 2026 (1H 2026), up 11.7 per cent from RM195.5 billion in the same period last year, according to the Malaysian Investment Development Authority (MIDA).

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.

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.

Petron Malaysia Records Net Loss of RM34.48 Mln In 2Q 2026

KUALA LUMPUR, Aug 27 (Bernama) -- Petron Malaysia Refining & Marketing Bhd (Petron Malaysia) recorded a net loss of RM34.48 million in the second quarter ended June 30, 2026 (2Q 2026) compared to a net profit of RM40.51 million in the same quarter a year ago. 

EV Charging Technology Transfer Must Suit Local Needs – LINCHR

By Ng Che Yan

KUALA LUMPUR, Aug 27 (Bernama) -- Chinese smart charging solutions for new electric vehicles (EVs) are gaining a foothold in Malaysia as the country’s EV market is expected to accelerate over the next three to five years.

Lee Teck Yuen To Take Over As IJM Corp Chairman From Aug 27

KUALA LUMPUR, Aug 26 (Bernama) -- IJM Corporation Bhd has announced the redesignation of its non-executive director Datuk Lee Teck Yuen as its new non-executive chairman, effective Aug 27, 2026. 

Ringgit Up Against Greenback On Softer US Treasury Yields Ahead Of Jackson Hole Meeting

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Aug 26 (Bernama) -- The ringgit ended higher against the greenback on Wednesday, supported by softer US Treasury yields ahead of the US Federal Reserve’s (Fed) Jackson Hole symposium.

Interactive Brokers, Daol Partner To Expand Access To Global Equities

KUALA LUMPUR, Aug 26 (Bernama) -- Interactive Brokers, an automated global broker, has collaborated with Daol Investment & Securities to provide eligible Korean investors with cost-effective access to global equities via Daol's platform, supported by IBKR's advanced trading infrastructure.

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.